clipclop.com Enterprises Inc.
1995 Hill Drive
North Vancouver, BC V7H 2N1
NEWS RELEASE
clipclop.com Launches Auction Site
VANCOUVER, BC -- May 4, 2000 ƒ??- clipclop.com Enterprises Inc. (OTCBB:CLOPF )
clipclop.com announced today its Auction site is now available on the
Company's clipclop.com web site. clipclop.com's auction model is based on
eBayÿ (NASDAQ:EBAY) , but is focused not only on business-to consumer and
consumer-to consumer but also on business-to-business e-commerce, which,
according to analysts, is the next key market. Investment banking firm
Goldman, Sachs & Co., (NYSE:GS) which has been one of the most active bankers
in bringing Internet companies public, said it expects a five-year $1.5
trillion boom in business-to-business e-commerce in industries ranging from
automobiles to medical equipment. Currently the Equine Industry in the US
alone generates more than $25 Billion in goods and services annually.
Surplus inventory is a problem that plagues every business. The trading of
surplus goods as we know it is inefficient and disorganized. What does a
company do with excess overstock apparel or other merchandise that is costing
them extra storage space? Where can that same company also find used
manufacturing equipment or resalable merchandise for special events?
clipclop.com Auctions provides a quick, effective and powerful answer. One of
the first to tap into the e-commerce market as a solution to excess inventory
predicaments in the equine industry, clipclop.com aims to be the premiere
on-line, equine business-to-business auction site.
"The conventional model for the trade of idle assets is inefficient," said
John Henry, Chairman and CEO of clipclop.com. Traditionally, those looking to
sell idle assets use a protracted process of contacting potential buyers via
phone or fax. Sellers can spend months looking for a buyer, let alone several
who bid competitively. Likewise, buyers are confronted with a selection
limited by a diffused pool of sellers and often find that their searches and
auctions are time-consuming and fruitless.
clipclop.com's concept is to offer a faster, easier and more efficient way to
buy and sell surpluses by becoming the central marketplace for equine
companies who are looking to buy or sell excess inventory. The e-commerce
model expands the pool of buyers and intensifies competition. Buyers bid
against each other in real-time, as if in a live auction and the centralized
marketplace enables those buyers to choose form an extensive, worldwide
selection. In all, the buying and selling cycle is considerably shortened.
Because clipclop.com focuses exclusively on the equine industry visitors to
the site fit the perfect demographic profile and provide a precisely targeted
audience for virtually any company in the equine industry.ÿ While buyers
benefit from instant access to an extensive selection of products, sellers
profit from the attention of a wide audience and a faster, more effective way
to trade.
ON BEHALF OF THE BOARD OF DIRECTORS:
ÿÿÿÿ "John J. Henry"
___________________________
John J. Henry, Chairman
Contacts:ÿÿ John Henryÿÿÿÿÿ Gary Reid
ÿÿÿ 360-384-5835 (p)ÿÿÿÿÿÿÿ 805-565-2937 (p)
ÿÿÿ 360-380-2750 (f)ÿÿÿÿÿÿÿ 805-565-5572 (f)
ÿÿÿ prmkf@aol.com (email)ÿÿ CLIP484SB@aol.com (email) |
