Hmm, now that’s a puzzler, isn’t it? We all know how it feels to place bids on items we’d really like to win, no matter where we happen to do it. But why on earth would you bid on something you didn’t really want in the first place?
If you think of bidding on an auction site like eBay, it wouldn’t make much sense to do this. After all, the highest bid wins on eBay, so you could end up paying a significant amount for something you have no need for.
Now let’s compare that situation to the way things work here on BidGrid. There are some crucial differences in play here. Firstly you can choose how many bids you want to place. The cost for each bid depends on the item being bid on, but it is always clearly marked on the page for that specific item and stays fixed for the duration of each auction. Secondly you will get the option to choose what we call an ‘exchange win’. This means that if you win the item and you decide you don’t want it, you can exchange the item for a ‘cash it’ price instead. This will vary depending on the value of the item. For example the ‘cash it’ amount given for an item worth £50 will be a lot more than it would be for an item worth £12.
If you choose the ‘cash it’ price you can look forward to the cash instead. That’s why it makes perfect sense to bid on things even if you don’t want them. You still have the chance to get a terrific deal out of it if you win the item. And of course if you don’t win and you did want the item you can buy it minus the amount you’ve already spent in bids.
Whew! So you can see how many options you have when you start getting involved in the auctions on BidGrid. All you have to do to win is to place the lowest unique bid for a specific item. That’s all there is to it – except for a little luck of course!