Monday, May 21, 2012

Fiat used Twitter as an auction platform and sold a new car

FIAT 500 America - TwitBid
The auction was for a special-edition Fiat 500 called the Fiat 500 America. Fiat has just claimed the title as the first automaker to sell a new car online using Twitter as an auction platform.

The promotion was called TwitBid, and it was a public auction held by Fiat on Twitter. From March 1 to March 15, people could place a bid by simply tweeting a "twit-offer" which includes how much your bid for the car is. In the 15 days, over 700 "twit-bids" came in from over 293 users in 11 countries with a total of 787 tweets being registered during the promotion.

 The winning "twit-bid" belonged to a Adelheid D. Keiper, a German Twitter user with the nickname @KanzleiKieper. The winning bid was for 15.165 euros, and won the "number one car" of the limited-edition Fiat 500 America.


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