Wednesday, December 23, 2009

Biddazled Redefines Online Auctions

This is a Sponsored Post written by me on behalf of Bidazzled. All opinions are 100% mine.

Bidazzled is a new online auction site that is revolutionizing the auction market with its savings offers and charity program (Bidazzled funds The Ruch Foundation, a lung cancer charity). Like most penny auctions and pay-per-bid sites, how it works is, you get to buy your bids in advance after which you may then use them to bid within the system. With each bid, the price goes up by a few cents and the countdown clock adds another few seconds to make room for other bidders. The process ends when no more bids are placed. It’s possible to get something really great for a low price if no other bidder goes after the same merchandise. Bidazzled offers savings of up to 90% with auction winners usually saving over 80% off the retail price. Non-winning bidders receive up to 50 bonus bids simply for participating. You can purchase an item for less than what you invested in the auction. Bidazzled typically offers winners cash (via check or paypal), cash and bids, or bids for items they have won. In Bidazzled’s first month alone, two bidders have won Nintendo Wiis using their 5 free bids. Bids are priced at $1 and can also be bought in packs for as low as $25. Those who buy bid packs also receive bonus bids, which technically reduce the actual cost to $.67 per bid or even lower. You can take part in Bidazzled’s lucrative viral referral program, which works in the following system:
*A refers B. A receives 5 Bonus Bids
*B refers C. A receives 4 Bonus Bids
*C refers D. A receives 3 Bonus Bids
*D refers E. A receives 2 Bonus Bids
*E refers F. A receives 1 Bonus Bid.
Bidazzled is also extending an exclusive offer to readers of this blog. You get 15 additional bids if you use the following code (BBP1202A) until January 15th. Just enter it on the registration page. It doesn’t come with obligations or cost of any kind.