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Buying online is nothing new. For a couple of decades now, people have been trading online. It used to be that people found the items that they wanted and sent a cheque through the post, maybe even a postal order. Things have changed considerably and now people can pay via their debit card, credit card, ewallet or similar account. The convenient methods of payment have certainly helped to boost the online industry considerabl, to the point it has reached today. One of the big segments of the industry, are bidding sites, which have increasingly become one of the most popular places to shop over the last 12-18 months. #1 Bid up auctions When it comes to bid up auctions, there are a few large websites that have almost become household names. Nearly everyone has used one of these sites and if they haven't, then it is more than likely that they will have actually heard about it. The reality is that there are some great bargains here. Of course, the biggest problem that most people will find is that finding the bargains is not all that easy. There are millions of listings on offer from all over the world and more and more are listed every minute. This is not to mention the fact that when individuals actually find what they want, they will have to beat 100s of other bidders, in order to get a good deal on their products. #2 Unique bidding sites Unique bid auction sites are not as well known as the bigger bid up auction sites. That being said, they have been finding their place on the map over the last year or two, with more and more people understanding how they work. The winning bidder is not the highest, but usually the lowest unique bid. This is a new concept where buyers will pay for bids, which is a risk, but when they win, they get over 90% off the RRP value, which is a huge reward. Many bidders have found that they are regularly successful with these sites by utilising certain strategies. #3 Reverse auctions Reverse auctions have jumped into the spot light along with unique bidding sites. They also require the bidder to pay for their bids. This is not a bad thing, as it means that the competition in terms of other bidders is actually limited. Bidders can pick up massive deals! The fact is, they will be reducing the price of the auction every time they bid, the more they bid, the cheaper the overall sale price will be for them. Which one is the best? Bidding sites all have their own advantages and disadvantages, so it is down to personal preference when it comes to which one is really the best. Whilst the reverse auctions and unique bidding sites off the best deal in terms of the actual discount received, that is not the most important thing for a lot of people. Some people do not want to hang around and wait for certain auctions to start, in which case the best option is usually going to be the standard bid up auctions. BidGrid are an innovative bidding site who operate online auctions where the lowest unique bid wins. Take a look how it works.
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