Wednesday, April 11, 2012

Is BidRivals Shrinking?

Is BidRivals shrinking? I mean, is it the case that fewer people are joining BidRivals and fewer still are as active as they used to be? The site has shrunk considerably in the past few months to one year. One reason for this could be that BidRivals had an affiliate program that attracted a lot of wrong people - you know, the kind who want to make a quick buck at the expense of others and so used all dishonest methods in the book. BidRivals actually had to cancel a lot of affiliates and its program.

The other reason could be simply be a general slowdown in the penny auction industry. As you know, penny auctions have reached their growth saturation, which means they are no longer as popular as their peak, about a year or so ago. Penny auctions have been a passing fad, with a lot of promise, but new penny auctions just couldn't sustain and didn't realize the investment it would take to be successful.

However, the largest penny auction in the world now, Quibids, remained steady. It is still growing fast and strong.

It is funny because at one stage, when I initially started this blog in the first place, Quibids and BidRivals were neck to neck in terms of bidders, traffic, etc. BidRivals was global, operating in dozens of countries and Quibids was just in the US. You might be tempted to place your bets on BidRivals but you would be so wrong. Quibids has pulled off the rare feat of being successful in the penny auction world (hats off for that, Quibids!)

As a small comparison, look at the Alexa rank of BidRivals. I remember, at its peak, it was around 2000 globally. Today it is 24,000. That is a huge drop in traffic, even though Alexa rank cannot be fully accurate about traffic stats (it is a good estimate in any case).

Do you still bid at BidRivals? Quibids? Other penny auctions? Share your thoughts!

Saturday, July 30, 2011

HappyBidDay Promotions

HappyBidDay is the penny auction site that I am currently using. It is the best alternative to BidRivals. The thing I like the best about this site is that they are relatively new and are looking to make a mark. For this reason, they have put up tons of products on their site and there are not enough bidders.

When such a situation arises, it is very profitable for the bidders. You will get items for very cheap. You should remember that the auctions here start at $1.00 and not $0.00, so the number of bids is lower than what the cost suggests.

Right now, if you register, you get 50 free Happy Bids that you can use on special auctions. And also you get 5 free bids for each day that you log in! These are great promotions that should have you come back again and again.

I contacted the owner and they gave me a special promotion that you can use. If you Register Here, you will get 15% off on your first bid pack. This means even more savings than usual! Now you can spend even less on bids and win even more products. Don't forget to check out the site and register because it gives you very good winning chances. Register before the situation changes though!

BidRivals: 20% Free Bids Coupon Code

Here is a BidRivals coupon code for free BidRivals Bids: NICE20. This will give you 20% additional bids on any bid pack that you purchase at the site.

BidRivals is a penny auction and it regularly has such promotions. You should look for these coupon codes because they help you reduce your overall cost of bids. This in turn translates into higher profits for the bidders.

Tuesday, July 5, 2011

Best BidRivals Coupon Code: 40% Free Bids!

For some strange reason, BidRivals is celebrating reaching 17,000 likes on Facebook and is giving away 40% free bids on ANY bid pack purchase. Note that this coupon can be used only once, so use it wisely. The BidRivals coupon code is FB40.

That being said, there are a few limitations.
Please Note that the coupon expires on 11th July and can be used once per customer. All free bids expire within 48 hours of purchase and cannot be used on the Buy Now Option.

So if you an avid BidRivals user, you can do well for yourself with this coupon code. Good luck!
By the way, also check out a new, less competitive penny auction HappyBidDay which gives great winning chances along with cool promotions and free bids (you get 50 free happy bids while registering!)

Sunday, July 3, 2011

Beezid 4th July Promotion

Beezid is a big penny auction that isn't as big as BidRivals but is one of the major players in the penny auction industry. Beezid has a major drawback which is most auctions don't offer a Buy Now feature to reduce your losses. However, this gives Beezid more leeway to make auctions more exciting, so you will see lots of Beezid promotions, Beezid coupon codes and free bids.

This week, for the 4th of July, Beezid has a popular promotion that it has used to great success in the past: Get all your bids back! This will run from 9pm EDT on 3rd July to 9pm EDT on 4th of July. Every bid placed in this time period will be returned to your account. This means during this time, Beezid is guaranteed to lose money. So why would it do so?

Let us see what is in it for Beezid (contrary to what you may think, Beezid isn't a charity!) When all bids are returned, there is little risk. This means more and more bidders will buy bids. Remember that the main source of income for any penny auction is bid sales because the selling price is a fraction of the retail price. Thus more and more people will buy bids and in the long run, it is highly profitable.

A lot of smaller penny auctions also try to follow this model of Beezid with mixed results. However, as far as Beezid goes, it seems to do very well with this strategy, especially because it is much bigger and there are lots of bidders on this site.

So if you are a Beezid user, do look forward to this promotion and use it wisely.

Saturday, July 2, 2011

BidRivals Coupon Code for July 4th

Just a quick post: BidRivals has a great coupon code for July 4th: JUL15 You will get 15% additional bids using this coupon. And the good thing is, you can use this coupon twice! That's right, every bidder can use this coupon twice to get 15% additional bids. Please note that you will need to hurry though, because the offer ends on July 4th.


Friday, June 10, 2011

Sites Like BidRivals

What are the sites like BidRivals? What about alternatives to BidRivals?
BidRivals is a penny auction which falls under the category of 'Entertainment Auctions'. These are special auctions in which the cost of bidding rather than the final price determines the profit of the company and the expense to the bidders. BidRivals is just one of these penny auctions.

BidRivals is famous because it works all over the world in many different countries. Most other penny auctions are localized to a particular country. For example, Quibids is the largest penny auction in the US and it works only for US residents.

Sites like BidRivals i.e. penny auctions can be found all over the internet especially if you are in countries like US or UK. However, if you are in countries like India, your choices are limited. Australia and South Africa also have some great penny auctions.

In the US, you can try Quibids which is the largest penny auction. Apart from that, the other well known penny auctions are BidCactus and BidHere, both smaller than Quibids but great penny auctions nonetheless. HappyBidDay is another great penny auction to try if you want cheap electronics and gift cards (it is not yet famous, so you can get good deals).

So if you are looking for sites like BidRivals, these are some options that you have.