Friday, May 15, 2009

CheapBids.com: An Online Auction Site

Consider when you buy an LCD TV for $495.95 with the full manufactures warranty instead of $1249.99 without any hidden charges. Well, there is no wonder if you ever visited CheapBids.com , an online auction website. With each product you get discount up to 90% off the market price, whether you buy laptops, printers, iPods, watches, gold bars, gift cards, coffee machines, designer sunglasses, HD projectors, travel packages, even home and garden.

The Concept of CheapBids.com goes like this: Each bid placed, increases the price of the product by $0.15 and the auction countdown by up to 20 seconds. To help keep track of the money spent on bidding, each auction displays the amount spent on bids by the customer and how much the bidder would save overall, if you are the last bidder and auction time ends you win the auction. The last auction price is the winning price of the chosen auction.

It feels like playing a game rather than shopping online, where winners and buyers can walk away with amazing margins on Brand new products. For instance, when you pay $33.75 for 45 bids and win a brand new Canon SD1100IS 8MP Digital Camera for $40.10 and the market price of this camera is $159.94. So total amount spent by you is $73.85, you saved $86.09 for the camera, excellent deal isn’t it?

Timing is very important at CheapBids.com . You can closely watch those items which have fewer bidders. As you know you that there is no way you can assume, how many people are watching an item, you can bid late at night when fewer shopper usually bid at CheapBids.com.

CheapBids.com also gives you a chance of winning bundles of free bid vouchers that you can use in any auction. If you get couple of vouchers then your account is charged way up to start the game.

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