Have you ever been to an auction? I used to take my son to auctions around town. We’ve been to estate auctions, house and land auctions, liquidation auctions, police autions and the auto auction. Now I’m all excited about online auctions, because online is much more convenient than driving all over town for the local auctions, plus you have a greater variety of items on which to bid.
There is an auction site in the U.K. that has sold high dollar items for a fraction of their retail value, such as an iPod going for just $2. One of the secrets to finding the best deals and rock bottom prices on the internet is to find a newly launching site, because you will have less people bidding against you.
With that in mind, I’ve heard about a new site just about ready to launch, called bidray.com and I’ve already got the site bookmarked. The cool thing about this site is that your first bid of the day is free, and you can raise bids on the items you want by as little as a penny, so these type of auction sites are called Penny Auctions. I like the way they work, like extending the time limit after each bid to allow users a last chance, and they offer free shipping. You can even bid on items using your cellphone if you can’t be in front of your computer all day to monitor your bids. I’m really looking forward to giving this new site a try.