Bid4Spots Crosses $1 Million Threshold
Apr 25, 2006, 7:31 AM
Six months after launching, online radio ad auction service Bid4Spots has delivered $1 million in sales to radio stations, according to Bid4Spots' President and CEO, Dave Newmark. In Bid4Spots, the reverse auction multiple sellers bid down the price of remaindered ad inventory, which would otherwise go unsold. Bid4Spots is now moving over $100,000 of ad inventory a week, Newmark said.