Saturday, February 19, 2011

What is BidRivals

What is BidRivals? Is BidRivals scam? How can BidRivals auctions be so cheap? To answer these questions, you need to look at the auction model for this site. BidRivals is a class of auctions called as penny auctions. Penny auctions are more popularly known as penny auctions, which is a colloquial name for the more technical bidding fee model (read article on Wikipedia).

So what are these penny auctions and how can they give items so cheap? The answer lies in the fact that unlike traditional auctions, penny auctions like BidRivals make money not by actually selling the item but through the bids required in the process. Bidding is not free at BidRivals, you have to pay money each time you bid.

The reason BidRivals is able to auction items at up to 90% or sometimes even 95% off is because it collects money through the bids. This is what BidRivals is - a penny auction. And no, it is not a scam i.e. if you win, you will be shipped the product. However, you should understand the risk as with any other penny auction.

So once again, BidRivals is a penny auction site that makes money through the bidding process, which is why it can auction off items so cheap. The real challenge is to win penny auctions like BidRivals. How do you win BidRivals auctions? Simple, follow my BidRivals strategy series on this blog. You can find about my
BidRivals Strategy-1
BidRivals Strategy-2
BidRivals Strategy-3

Do read them and let me know how cheap you end up winning at this site. Good luck!

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