Press Release Summary: http://www.junk-yard-bids.com has launched a new website to help people quickly find junk yard parts. Speaking on the occasion of the launch of the site, Mr. Rick Mefferd, founder of the company said that the company has been launched with the objective of quickly hunting out the best online Junk yards and Auto Junk Yards. To make the search option as focused as possible the site has incorporated the best search technology to quickly narrow down on the search. Mr. Mefferd said that recent trends have shown that more people are now repairing their cars and opting for Auto Junk Yards as a main source for their parts. With the economy on a downslide, many people are planning to hold on to their old cars for longer than usual, and this has led to repair garages being crowded and OEM parts manufacturers seeing a slide in their business.
Press Release Body: http://www.junk-yard-bids.com has launched a new website to help people quickly find junk yard parts. Speaking on the occasion of the launch of the site, Mr. Rick Mefferd, founder of the company said that the company has been launched with the objective of quickly hunting out the best online Junk yards and Auto Junk Yards. To make the search option as focused as possible the site has incorporated the best search technology to quickly narrow down on the search. Mr. Mefferd said that recent trends have shown that more people are now repairing their cars and opting for Auto Junk Yards as a main source for their parts. With the economy on a downslide, many people are planning to hold on to their old cars for longer than usual, and this has led to repair garages being crowded and OEM parts manufacturers seeing a slide in their business. As an auto consultant, he felt this was the right time to launch a portal which would serve as a platform for customers to quickly find Auto Junk Yards. Mr. Mefferd mentioned that there was an immense amount of logistical effort that had gone into setting-up this portal. Without a good network of suppliers it would not have been possible to launch a fully functional website. The company has already received commitments from many Auto Junk Yards and many more are on the way. Mefferd made a presentation on the various features that are available on the new site showing the search for Junk Yards can be done either by Original Vehicle Manufacturers or by type of vehicle. Customers can also request for parts using the online form that is available on the website. The work-flow of the website will take this request to the back-end operations team who will ensure that the requested parts are quoted by the best possible supplier. Answering to questions on the funding aspects of the new site, Mr. Mefferd said that the funding has been done using resources from private investors and his own personal capacity. He however refused to divulge the names of the investors. He mentioned that the company hopes to break-even in the next 3 quarters. On the revenue model, he mentioned that a bulk of the revenues would come from the commissions that would be charged from the leads that are generated. The company has a well chalked out revenue model which is sure to give results within the specified timeframe. He mentioned that Junk Yard Cars would be in high demand because the new auto sales market appears to be shrinking and sales of cars of leading auto manufacturers have fallen along with the rising prices of gas have complicated the problems for manufacturers and vehicle owners. Mr. Mefferd stated that Junk Yard Bids would add a new dimension to the business of Junk Yard Cars as the site enables customers to fill out one request that then is presented to 100\'s of Junk Yards looking to fill that request. This is truly a win-win situation that is sure to save the searcher hours upon hours of their valuable time.