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Sunday, February 20, 2011

New Penny Auction Site - BidBidSold

There is a new penny auction site in the US called, These penny auction site is similar to rest but does have some unique aspects. The site has a clean look and to me has the same colors and text as google The site offers a "Daily Deal" with a fun new deal every day.

BidBidSold has a three different types of online auctions:
1.) Traditonal Penny Auctions
2.) Free Roll Auctions
3.) Exclusive Penny Auctions

With free roll auctions, bidders will be given a designated amount of bids per auction for free. There are 2 types of free roll auctions: Red - are for all registered users. This gives you the opportunity to win without spending money on bids. Green - are exclusively for customers that have purchased a bid pack within 3 days of the auction giving them preferred status. Winner is responsible only for the closing amount of the auction. Shipping is free!

With exclusive penny auctions there are a limited number of slots available, usually 10. Bidders allocate 10 - 15 bids to the auction (according to the pre set amount shown for that specific auction.) Once the slots are filled, the bidders will receive an email stating that the auction will start and only those bidders who have allocated bids can participate in this auction. By limiting the number of bidders, your chances of winning increases.

For more information on BidBidSold please click HERE.
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