Buildablock Corp. Announces Addition of Medical & Adult Use Marijuana "Boutique" to Proprietary Online "Crowd-Buying / Crowd-... Buildablock Corp. Announces Addition of Medical and Adult Use Marijuana "Boutique" to Proprietary Online "Crowd-Buying / Crowd-Selling" Platform, www.buildablock.com
MIAMI, FL--(Marketwired - Mar 24, 2014) - Buildablock Corp. (OTC Pink: BABL) (PINKSHEETS: BABL), owner of an online shopping platform, www.buildablock.com, that revolutionizes conventional online shopping, announced today that it has added a "virtual boutique" dedicated to Medical and Adult Use Marijuana products and services to its innovative, proprietary "Crowd-Buying / Crowd-Selling" platform, http://www.buildablock.com/category/Marijuana.
Gary Oberman, BABL's President, stated, "We believe Buildablock.com to be the first online Crowd-Buying/Crowd-Selling platform focused on the legal adult and recreational use marijuana retailers located in Colorado and Washington State, as well as head shops and medical marijuana dispensaries in the various states where those activities are legal. Also, we are striving to position ourselves as first online co-op, as a means of leveling the playing field such that the industries' little guys will be better able to compete with the big boys." Mr. Oberman also noted that he expects that, with BABL's current team, the company will be able to generate significant revenues and capture significant market share from this new area of opportunity, given the explosive growth in the various aspects of the marijuana industry.
Buildablock Corp. Accelerates Deployment of "Crowd-Buying/Crowd-Selling" Platform
Buildablock Corp. Accelerates Deployment of "Crowd-Buying/Crowd-Selling" Platform
Online Platform Empowers Marijuana Companies to Rally Sales With Its "Create a Deal" Functionality
MIAMI, FL--(Marketwired - Mar 28, 2014) - Buildablock Corp. (OTC Pink: BABL) (PINKSHEETS: BABL), owner of an online shopping platform, www.buildablock.com, which revolutionizes conventional online shopping, announced today that, in response to the overwhelmingly positive response to its recently announced entry into the Medical and Adult Use Marijuana (MMJ) space via its proprietary "Crowd-Buying / Crowd-Selling" platform, http://www.buildablock.com/category/Marijuana, the company has accelerated the deployment of its "Create a Deal" functionality.
BABL will now work directly with online MMJ retailers to incorporate its simple linking program into their websites. Retailers will be able to instigate and complete the user-friendly process autonomously. Once complete, the BABL button will drive ready-to-buy customers to a retailer's posted deal, thereby creating a critical mass of customers for the retailer and discount opportunities for the customers, a classic win-win.
Gary Oberman, BABL's President, stated, "We are convinced that accelerating the deployment of this functionality will allow us to become the dominant deal engine in the MMJ space. Now, by leveraging BABL's technology, MMJ industry players will be better able to facilitate client-initiated deal opportunities, which should help improve their bottom lines." Mr. Oberman further stated that, contrary to other online deal engines, BABL's consumer-branded negotiating platform ensures transparency in the negotiating process. "Retailers frustrated with deep discount obligations imposed by companies like Groupon can now negotiate large deals in real-time and compromise margins only to the extent necessary to close deals with their customers," Mr. Oberman concluded.
Buildablock Corp. Announces Commercial Launch of its E-Commerce Website
January 08, 2013 08:00 AM Eastern Standard Time
MIAMI--(BUSINESS WIRE)--BUILDABLOCK CORP. (OTCBB:BABL), (“Buildablock” or the “Company”), today announced that it has officially launched its e-commerce website and the site is now live, fully integrated and is gearing up its shopper and merchant user population
“We are excited by the live launch of our e-commerce website. We believe that group buying using the Buildablock platform is the wave of the future since it provides for negotiated discounting and user empowerment since it is the customer that chooses products for discounting by just uploading them onto our site,” said Gary Oberman, Buildablock’s CEO. “As just one example of how our economies of scale works, by consolidating large blocks of fuel buyers that number in the thousands, the Buildablock platform can approach large fuel providers to negotiate fleet pricing for its members. This is a very compelling application of our business model that can provide the opportunity for Buildablock users to save money on gas.”
In addition, Buildablock has now progressed into the marketing phase where initiatives will include merchant awareness programs and buyer incentive campaigns. One such program is its joint venture relationship with Linen Chest, Canada’s leading retailer in home fashion with over 28 stores. Linen Chest is a very strong Canadian brand with an emerging digital presence that had been looking for an online solution to help drive traffic to its physical stores and increase online sales without the need for deep discounting.
“Buildablock’s unique group bidding methodology ensures maximum traffic through negotiated price management,” said Sheldon Liebner, President of the Linen Chest. “We had entertained doing business with fixed discounters like Groupon, but found very little user engagement during the sales process which limits customer loyalty. With Buildablock, our view is that the user experience will be very engaging which will maintain maximum value to both the buyer and the seller alike.”
Buildablock users have transacted several transactions with Linen Chest in the early phase of its live launch which was easily facilitated and which Linen Chest reports drove new traffic to both its website and physical stores. “Buildablock is the only platform we found that delivers high quality, free advertising without degrading our brand. This is very encouraging news for our firm as we transition our way across the digital landscape,” Sheldon Liebner, President of Linen Chest concluded.
The Company had obtained essential user feedback through its soft launch in order to finalize systems and procedures and prepare for its live launch. Buildablock is now focused upon increasing its shopper population through various programs and initiatives. Since Buildablock’s social login requirement is similar to that of other leading social networking sites, the Company expects to gain exposure to the friends networks of new subscribers it gained via marketing efforts already undertaken which could lead to over 400,000 potential new subscribers by way of referral.
“We view the social networking element as a key to enhancing the shopper experience and look forward to going live with our mobile application in the near future,” said Gary Oberman, Buildablock’s CEO. “We are intent upon increasing the consumer and merchant adoption of the Buildablock platform and are confident in our success as we grow this vibrant and exciting e-commerce platform.”
Buildablock Corp. Intensifies Marketing and Acquires New Beta Subscribers at Toronto Trade Show
October 23, 2012 BUILDABLOCK CORP. (OTCBB: BABL), (“Buildablock” or the “Company”), today announced that it intensified its marketing efforts via its recent exhibition at The National Women’s Show, held in Toronto, Ca...
Buildablock Corp. to Exhibit at Toronto Trade Show
October 01, 2012 BUILDABLOCK CORP. (OTCBB: BABL), (“Buildablock” or the “Company”), today announced that it will be exhibiting at The National Women’s Show, to be held in Toronto, Canada, from October 19th to October...
Buildablock Corp. Announces Launch of Test Site
September 24, 2012 BUILDABLOCK CORP. (OTCBB: BABL), (“Buildablock” or the “Company”), today announced that it launched a test version of its consumer purchasing website and mobile app on September 21, 2012. The launch i...
Buildablock Corp. Announces Date of Beta Launch
September 14, 2012 BUILDABLOCK CORP. (OTCBB: BABL), (“Buildablock” or the “Company”), today announced that it will launch a test version of its website and mobile app on September 21, 2012 intended to provide essential...
Buildablock Corp. Announces Completion of Private Placement Offering
June 18, 2012 BUILDABLOCK CORP. (OTCBB: BABL), (“BABL” or the “Company”), today announced that it has completed additional sales of an aggregate of 200,000 shares of its common stock at an offering price of $0.25 per share. The offering, which is completed, resulted in the issuance of an aggregate of 6,427,000 shares for aggregate gross proceeds of $1,463,750...