How Reverse auction works?

How Reverse auction works?

How Reverse auction works?

Many of us are not familiar with the term so called "reverse auction". It is not a normal type of auction, generally in a normal type of auction the more you bid, the more are your chances to win but here comes the twist when we talk about the "reverse auction". It is a unique and innovative way to win branded products for a price you are happy to pay, by competing with others in a Lowest and the Unique Bid or Reverse Auction.

In this type of auction the unique and the lowest bid wins, i.e. the person who will bid the lowest and his biding amount will be unique among all th bidders will win the biding, and if the bid is low but not unique such that it matches with the other bidder the bid must be canceled and he might have to bid again to win the bid.

So you do not need to bid the highest - It is simpler, just bid low and unique and open up all your chances to win. Because we say: - Bid Low, Win More.

Pad up now and hurry up. Be the part of this exciting concept and win products which you have only dreamt of at an amount which can be less than a single rupee. Do not you believe us ?? Well, its always hard to believe that you can now get products such as LCDs , TV, Ipods and even more at such an exciting low prices but remember the bid has to be unique also.

It gives a great chance to win exciting gifts only by biding unique and lowest and you can win lot of prizes. This type of services are provided by lots of web sites like bidrivals, SMS2bid is also a same kind of reverse auction portal which allows the user to win without spending as lot of amount on LCDs, Ipods etc. just bid for the desired item and win these expensive product free to your door step.

It so easy, exciting, interactive and intelligent that the gaming experience of the auction process itself is worth the effort! Winning your dream product just becomes a Big Bonus! Now please do not wait, come out and play with us, but remember the rules of reverse auction you have to bid the lowest and the most unique, it make you win great products.

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