Are you wondering if Bidsauce is a scam? Do you think it is too good to be true for this site to sell you brand name products for 95% off its retail value?
I thought all of these questions too, so I decided to give Bidsauce a try and to figure out if it really is a scam or not.
Here are my shocking discoveries
How Bidsauce Actually Sells Brand Name Products To You At 95% Off Retail Price
I didn't believe that Bidsauce could actually sell brand name items like Apple Macbooks, digital cameras or $100 giftcards for a fraction of their retail price, so I decided to find out for myself what was really happening.
After participating in some of their auctions, I realized that Bidsauce is actually a legitimate business and that they can still benefit even though they sell brand name items such as a Sony PSP for $1.29.
So how can they afford to give such big discounts to Bidsauce users?
How their system works is actually quite simple. What you need to do is purchase bids before you are able to participate in auctions. Each bid you make on an item increases the auction by a penny. As more bids pour into the auction for a particular item, Bidsauce gets closer to covering the cost of the item. Actually, all that is needed for Bidsauce to breakeven is to have only 3% of the product's retail value in bids.
This means that Bidsauce can actually give you the opportunity to buy brand name items at 95% off its retail value and is definitely not a scam.