Have you heard about SwipeBids yet? If not, now is the time for you to learn about this company and how it is changing the online auction landscape. SwipeBids is a new way to win a chance to purchase great products online for a fraction of the regular retail price.
SwipeBids isn't like eBay, where you don't really know who the seller is and most of the merchandise is used. Instead, with SwipeBids you are always purchasing directly from the company when you win an auction. Plus all the products are brand new and delivered factory sealed with the original warranty still in place.
SwipeBids is what is called a "penny auction" site. What that means is you purchase a set number of bids that you can use in auctions. The price of every auction starts at zero, and every time someone places a bid the price goes up by a penny and more time is added onto the auction clock.
Whoever places the final bid when time runs out then gets to purchase the product from SwipeBids for the final auction cost. This, in practice, means you can often buy products like a MacBook, which would normally cost over $1,000, for less than $200. Of course you do have to purchase bids, so you need to factor the bid packages into your final cost. Still, whenever you win an auction you are almost always saving 50 percent or more off the regular retail price. Now there are many penny auction sites to be found on the Internet, but SwipeBids is a unique offering in a very competitive marketplace.
Most penny auctions only give you one chance to win per auction. In other words, if you lose an auction you've lost your bids, which cost you your hard earned money. Plus, even if you do win an auction your only reward is the chance to save money on that particular product.
This penny auction is different. The premise of the site is that SwipeBids wants to keep people coming back, purchasing more bids and winning more auctions. That way SwipeBids makes money and its most loyal players get to keep saving more and more money.
To encourage repeat playing, SwipeBids has set up a number of additional contests above and beyond the auctions themselves. First off there is an hourly bid pack contest. What this means is that every hour the people who have bought or won the most bid packages are given prizes - usually Wal-Mart gift cards or free bid packages. It should be noted that you can bid in auctions for bid packages, which is why it's the number of bid packages you've accumulated in that hour, not the number you have won that determine if you are a winner or not.
Then, there is the daily bid pack contest. Every night at midnight SwipeBids tabulates who has won or purchased the most bid packs during the course of the day. The top 50 people are then given valuable prizes. At the moment the top bid pack winner for the day receives an Apple MacBook while the number two winner would get, for example, a
$300 Wal-Mart gift card.
There is also a premium bid pack contest offered every day. Premium bid packs are packages of either 500 or 825 bids. These are the largest bid packs available on the auction site. Because they are more expensive to buy and harder to win during bid pack auctions, SwipeBids has special rewards for the people who have bought or won the highest number of these premium bid packs during the course of the day.
Otherwise this contest is run just like the normal daily bid pack contest. At the moment the prizes for the top winners in this contest are valued at between $1,000 and $4,000 - meaning that they are a very valuable reward for the most dedicated players.
There are also additional contests that are periodically run. In these other contests the prizes are often astounding. For example, SwipeBids has given away two brand-new Honda Civics in these longer-term special contests. The best part about these contests is that you don't need to win a single auction in order to win these prizes. They don't exist to simply reward people who are already winning. Instead, they reward the most dedicated SwipeBids players. No other penny auction site does that for their loyal members.
They also offer a wide range of high value products that can be won during their regular auctions. Many auction sites try to offer older models of less popular products because they can get them at a discount from various drop shipping services. Because SwipeBids believes that offering the most valuable and up to date products is what will keep high quality bidders coming back for more, that is exactly the type of goods they put up for auction.
Currently the types of products available include a 32-inch Panasonic flat screen television, the latest edition of MacBook, HP iPaq Compact PCs, Canon EOS Rebel cameras and the latest Nintendo DSI.
All in all, this makes SwipeBids the best place to go if you are interested in online auctions. The products are considerably better than those found on eBay and come from a trusted source. You have more ways to win than with any other penny auction and all of the products are brand new and up to date.
Best of all it makes shopping for electronics fun while giving you a great chance to save money. That's why so many people have discovered the SwipeBids sensation that's sweeping the nation!
