Unique Auction Concept
This article is about online auctions and a unique
concept that causes the price to go down...not up!
The founders of this concept acknowledge that the online social
interaction trend is only just starting and this approach to aquiring
new products is unique! They claim to have taken the best of the best
available and produced skill-based shopping and auction entertainment.
Using unique reverse auctions as well as penny
auctions...bidders can aquire new cars,travel,name brand technology
items and much more.In reverse auctions the price goes down instead of
upward. People 'spend' a bid credit to 'reveal' a concealed price and
everytime this happens...the auction price drops!The price drop is a
percentage of the value of the bid credit.The balance of the vaue of
the bid credit...covers running costs,cost of products,delivery,
freight and so on.
How Do These Auctions Work?
With the 'Penny Auctions' the price goes up 1 or 5
cents with each timed bid. If the 'time' runs out without another
bid...the current bidder is the auction winner. However the 'Bid to
Zero' and 'Buy before Zero' mean as their name indicates. The starting
price will be at the normal sale price.So with 'Bid to Zero'...you and
others place bids...and the bidder whose bid takes the price to zero...
gets
the item delivered home for free!
These auction houses run 24/7 and are designed as
interactive entertainment...having fun and saving money are the
objectives...for the participants. Moving new products is the
motivation for those conducting the online auctions.
Name Brand Products
With this auction concept all the products are: 1.
Brand New 2. Respected Brand Names 3.Delivered to Bid Winners Freight
Free.When you visit the online auctions site you will see some of those
top brands in:
1.Technology
2.Electronics
3.Automobiles
4.Entertainment Products
5.Special Ladies Items
6.Fashion & Accessories
You Choose Which Auction House
The several auction houses offer varied ways to
have fun while participating in the following online auctions:
1.Penny & Nickel Auctions
2.Bid To Zero
3.Buy Before Zero
4.Unique Bid
5.100% Discount
6.Set price
Charity auctions are planned as well.Each of these
auction houses allows you to buy and obtain name brand products at
discounts up to 70% -100% off.The 'Penny Auctions' can be very
quick...because they are on 'timers'.Mostly they need a bid every 10
seconds to stay active.If the 'time' elapses and you are the 'current
bidder'...then you win the auction!
The 'Buy Before Zero' auction houses could move
along quickly as well...because people will jump way before the price
reaches zero.If a $1000 item reaches $500...you might say...'I'll take
it now...before someone else does'. 'Bid To Zero' auctions on the other
hand...go all the way to zero and the lucky final bidder gets the goods
for zero dollars.
What Does It Cost To Bid
As an online auctions customer you register online
and then...buy bid credits.They are purchased in US dollars of $20,$50
and $100.Also you can purchase $250 at a 15% discount and $500 of bid
credits at 30% discount.When you register...you give yourself a
username and you use that username to 'logon' to the auction site.After
you logon...you'll see on the screen the number of bid credits that you
have available.
Then as you place bids on an item you would like
to aquire...you'll see the number of available bid credits reduce.If
you win the bidding in any auction house...you pay the actual auction
price...except if it is a zero auction...then you don't pay anything!
Delivery is free.
You as a Customer or a Business
Associate
To become an online auctions customer and use this
unique auction concept...you need to be sponsored-in...by a 'business
associate'.You register free online and to start...you can just
purchase $20 worth of bid credits...which is 30 bid credits. A customer
can upgrade to a business associate at any time.
People wishing to promote this concept...join as
'Business Associates'.The majority of people who will use and enjoy
this social interaction entertainment...will be customers.However many
will also see the potential of the business opportunity
available.Business associates need to purchase one of three available
packages when they join.Gold,Silver and Bronze packages are
available...and you'll see when you click the 'join' button at the
online auctions site...that these packages start at $200 (one-time
purchase)...which gives a bronze business associate a total of 284 bid
credits.
After joining both customers and business
associates subsequently pay for bid credits at the same rates and only
purchase bid credits as they need them.The growth of the business
opportunity is based on the principal of 'sponsor two people who
sponsor two people...and it's free to you'.It is certain...many
millions of people will eventually use this auction concept...the
savings could be considerably.Therefore it's likely that the business
associates will find this a lucrative business to promote to other
people as well as to participate in for there own enjoyment!
My Conclusions
The internet is indeed trending more and more to
online social interaction activities! Online auctions in the form
outlined above are sure to benefit from these social inclinations.
Every new product that winning bidders aquire will be at a heavy
discount...or free.Delivery costs don't apply!The cost for every bidder
is the purchase of bid credits.Coming into the 'Buy Before Zero'
auction house when the price is right for you and
into the 'Bid To Zero' auction near zero will reduce your outlay on bid
credits.
The real time bidding technology is innovative and
helps ensure the accuracy of timed bids...as in the 'Penny' auctions.
Planned support for numerous languages and charity auctions has to be
applauded.Also the founders of these online auctions have indicated
they will donate 1% of profits to charities such as 'Save The Children'
and the 'Red Cross'.Overall everyone is a winner!
Article Source:
http://www.articlesbase.com/online-business-articles/
online-auctions-as-fun-skillbased-entertainment-708011.html About the Author
Darcy John inviting you to register
online and try your skills at online
auctions that appeal to you. Every bid winner gets a huge
discount at least! You can be part of an exceptional business
opportunity by becoming a business associate.You'll be able to save
money at the auction houses and make money marketing the online
auction site. | 