Traditional Auction VS Lowest Unique Bid Auction

 

Unique Bid Auction vs. Traditional auctions

HOW CAN I BE THE WINNER?

1) Kcbidz.com

The lowest UNIQUE Bid wins.
A unique bid means that no one else bids the exact same amount. For example, in a single auction the following bids are accepted:
Participant "X"
bids $0.21 (bid #1)
Participant "Y" submits an identical bid of $0.21 (bid #2)
Participant "T" bids $0.25 (bid #3)
Participant "V" submits the identical bid of $0.25 (bid#4)
Participant "Z" bids 0.27(bid #5)-------Winning Bid!!!
Participant "W" bids 0.29 (bid #6)

2) Traditional auctions

In a traditional auction, the highest bidder wins! Most of the time you pay more for the product than it's worth.

2) WHO CAN REVIEW BIDS THAT HAVE BEEN PLACED?

1.Kcbidz.com

This is a blind auction, so no one can see the bids placed except for the person who placed the bid!

2.Traditional auctions

In a traditional auction everyone sees the current bid, which can cause the price to increase rapidly.

3) NUMBERS OF BIDS ALLOWED IN AN AUCTION.

1.Kcbidz.com

A Limited number of bids are allowed(remaining bids) for each auction. This increase you chance to win active auctions more often.

2.Traditional auctions

A traditional auction has an unlimited number of bids, decreasing your chances of winning.

4) MAXIMUM BID AMOUNT “Can be yours for” PRICE IS THE MAXIMUM AMOUNT THAT YOU CAN BID.

1.Kcbidz.com

The “Can be yours for” price is always less than 90% off suggested retail price and is the maximum that you can bid. The minimum amount you can bid is always $0.01.

2. Traditional auctions

The bid amount continues to increase in a traditional auction. Most of the time the price reaches an amount that you're uncomfortable with.

5) PRODUCTS OFFERED AT KCBIDZ.COM.

1.Kcbidz.com

The products we auction are always new brand name products.

2.Traditional auctions

Products in a traditional auction are not always new! They can be used or donated items.

6) BID FEE

1. Kcbidz.com

There is a nominal bid fee specified for each auction, usually $1,$2, $3, or $5 per bid. The Bid Fee is charged (not the amount you bid) at the time bids are placed whether it is successful or not.
The bid fee is charged each time you place a bid. A portion of bidding fees are used for advertising, site maintenance, site expenses, donations, and a small portion for profits.

2.Traditional auctions

None.

7) BONUS BID AUCTIONS

1. Kcbidz.com

We give back 10% for each dollar spent with us in bonus points. The bonus points allow you to place bids in Bonus Bid Zone Auctions.

We believe everyone is a winner at Kcbidz.com. That is why we transform 100% of all money spent with us into Loyalty Points. You do not need to bid, just buy a product that you wish from our Loyalty Zone Store.

2. Traditional auctions

Not offered!

8) BIDDING TIPS

1. Kcbidz.com

You are declared the winner when you have the lowest unique (unmatched) bid.. Because this is a blind auction where in order to close an auctions the remaining bids must reach 0(zero), you should not wait until the last moment to place a bid to try to win a auction.

Here are tips for you to increase your chance of winning.............Bid multiple times in a single auction. Bidding multiple times increases your chance of winning.

We will send you hints like: “not unique”, “unique but not the lowest”, “unique -bid on the lead”. So check the “Show My Bids” page from the User Panel all the time.

The bid fee that we require is small compared to others. This means a big savings for you in the end.

2.Traditional auctions

You need to be the last bidder and you will often get outbid by someone using a automated bid and monitoring tools.
No bidding hints.
You can end up paying more than the product is worth.


SIGN UP NOW and you will receive 5 FREE BIDS to try it out. You will can get another 10 FREE BIDS for Telling a Friend!

Coming soon! Promotional Coupons with up 25 Free Bids will be send to your email. Use the promotional code to activate.

Good Luck!

Don’t forget: The Lowest Unique Bid Wins The Auction!

Here are some of the products that you can win by playing the lowest unique bid auction?

cheap Playstation3(PS3)
cheap Wii
cheap Xbox 360
cheap gift cards
cheap gas cards
cheap SonyBravia 52inch LCD 1080p TV
cheap PSP
cheap video games
cheap MP3 players
cheap laptops
cheap digital cameras
cheap camcorders
much, much more cheap brand name products.

We offer a SUPER AUCTION where we auction of a car of your dreams:

Chevy Malibu LTZ 2009 for less than $49.99

After you browse our site do not wait anymore, Get your 5 free Bids !

SIGN UP! Click HERE -- Your chances for BIG SAVINGS !
 
 
 
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