DROPIT is an app which runs over 150 reverse auctions daily. Players can compete for the lowest price on various products, and gift cards for items such as fuel, groceries, and retail. Once an auction starts, the price drops every second until a player swipes up and wins.
DROPIT has also featured at various sporting events including games for The Warriors, Black Caps, and The Breakers. At these events, audience members have participated in live reverse auctions which have run on the big screens. At the Warriors game, a participant won the reverse auction for a Suzuki Vitara 2WD Turbo, saving over $10,000.
DROPIT is a start-up company founded by Mount Maunganui brothers, Peter and Brendan Howell. The company is also rapidly breaking into the US market, with the head office based in Miami.
Contact Name: Peter Howell or Chloe Grantham
Physical Address: Level 1, 15 Wharf Street, Tauranga 3110, New Zealand
Postal Address: PO Box 13362, Tauranga Central 3110, New Zealand
Work Phone: 0800 DROPIT
Mobile: Peter - 022 106 5247 Chloe - 022 409 8337
Industry Description: Information Technology
Product Or Service: Mobile phone app