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Out of home space auction website goes live
Mediaspace.co.za is an auction website like ebay.com, but focuses exclusively on Out of Home South African media space. The website offers media owners and sellers the opportunity to promote and sell their unsold media inventory via electronic auction. Buyers determine the value of the space by bidding until the highest bidder gets it. Sellers benefit because media inventory is turned over dramatically faster and popular sites make more revenue, while buyers pay a price they are comfortable with, rather than a fixed rate determined by the seller. To participate go to www.mediaspace.co.za