subject: Discover How The Dubli Auctions Work [print this page] Just about every person on the planet is always interested in getting themselves a bargain. There is now a new phenomenon taking the internet by storm. This is called the reverse auction. If you have never heard of this before then read on. If you have heard of this but are unsure of how they work this article will explain all. Lets take a look at how Dubli auctions work.
There are two different types of auction offered by the website. Both of them give people the opportunity to purchase highly sought after brand name products. From earrings and watches to laptops and gaming consoles. Everything available can be bought for up to 98% off the retail price.
The reverse auction is also known as the Xpress auction on this site. At the start of each auction every item starts at the average retail price. You can always see this price placed next to the picture of the item you are interested in. Placed above this is the current price. This remains hidden until you place a credit.
Every single time you or anyone else places a credit the price is dropped at the Dubli auctions and the price is revealed. If that price appeals to you then you may buy it for the stated cost. If you think it can go lower then you can wait for a little while to let other people place their credits. But by doing this you risk losing the item to another bidder so do not wait for too long.
There is also the Unique Bid auction type. These are only open for a limited amount of time and the lowest unique bid is the one that wins. Any amount can be bid for an item and if no one else bids that exact amount then that is what is paid for the item at the Dubli auctions.
For an example you bid two dollars for a laptop. Three other people bid one and four others bid five dollars. As you were the only person to bid two dollars you win. Your offer was two dollars so that is what the item will cost you. In this type of auction you can place as many bids as you like up to one thousand.
Remember that these items could be laptops, televisions or mobile phones. All at a fraction of their normal price. It is really easy to get started. Simply click on the link in David's bio box where it says 'Dubli'. Purchase credits and begin shopping for a bargain at the Dubli auctions.
