Bidfriends is a Bid 2 Win type Concept site.Where you Bid Lowest and unique and if your bid is Lowest and unique you take the prize home.There are 2 types of Auctions there
1) Low Bid Auction – ” Lowest Unique Bid Wins “
Typically a Reverse Auction is a competition mechanism used by businesses to allow consumers to win Products or Services by quoting the “lowest unique bid*”, as opposed to traditional auctions where the highest bidder wins. Reverse Auction, is a unique auction method involving a high level of strategy and competition, offered to consumers on a B2C (Business to Client) model.
Products or services, such as cars or holidays are placed on auction for a specific period of time, and the bidder who holds the “Lowest Unique Bid” at the closing of the auction wins the auction, and is allowed to purchase the product or service for the bid price.
and
2)Instant Auction – ” You Decide! You Win!
How Instant Auction Works
All products are displayed with a starting price from which the decrement of actual buying price begins. The actual buying price is concealed until you click on view price. Each click on view price, the actual buying price decreases, so the actual buying price is always less than the starting price – often considerably!
For More Details Visit Bidfriends Here
Also please Take a Look at These Sites
Lockerz | The Panel Station | IndiaSpeaks | mGinger | Rupeemail | LearnNext
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