Wednesday, January 7, 2009

Zapadeal - Adds "Unique Bid" Auction

Please checkout Zapadeal's latest new auction style.

It is called the "Unique Bid".

How it works:

Zapadeal features a new auction type called “Unique Bid“ auctions which are classified as skill-based prize competitions. In these Unique auctions members compete for the chance to purchase popular brand new, name brand products at 90%-95% off retail prices.

The participants bid for a particular item by submitting blind or sealed (i.e. secret) bids: the winner is the bidder who places the highest unique bid. A "unique" bid, in this context, means one in which the amount offered is the only one of that value. Each auction has a defined number of bids that are accepted before it closes and the highest unique bidder gets to purchase the item for their bid amount. For every bid a participant places in an auction, they pay a bidding fee of 10 bid credits as seen in the auction below. The number of bid credits may vary depending on the auction.

This is really fun and exciting to know that someone will win brand new, brand name products for less than $5.00...THAT SOMEONE COULD BE YOU! This is just one of Zapadeal's "Unique Auctions" going on right NOW.

Please visit Zapadeal to start your unique bid.

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