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Most people are continuously amazed by the power of the internet. So, you want a new MP4 player? Within around 15 minutes you can find a dozen reviews and then compare prices on around 10 retailer's websites, ensuring that you get the best deal. The online shopping industry is growing on a daily basis and it will continue to grow. Most people assume that commerce stores are the best places to go when it comes to getting their deals, but is this really true? The reality is that bidding sites have been surging in popularity ever since the late 90s. Nowadays, they are bigger than they have ever been before. So how do they differ to commerce stores? Commerce stores offer you the opportunity to make an instant purchase, something that traditional auctions don't. At the same time, when you use online bid sites, you have a chance to create a bargain for yourself by bidding. Don't want to pay the full RRP for items? Not a problem! There are plenty of buy-it-now auctions on these websites and even they very rarely go for anywhere near RRP. So if that is the buy-it-now option, imagine how cheap the auctions actually go for? Where the bidding sites fall short? If you are bidding on auctions, then there are some cons to this argument. Imagine you want something instantly; an MP4 player ready for your holiday. You are going away in 6 days and the auction finishes in 3 days. Now, you could wait around for that auction to finish. The main problem is that you might not actually win the auction. If you actually win the item, you will be waiting nearly a week including delivery time and there is always the chance that you don't win and have to go and pay full RRP in a store. When do bid sites work? If you are not in a hurry and do not need an item instantly, then they are usually the best bet. A great example of this would be a TV set. Usually people upgrade their TV sets rather than replacing a broken one. So this means that you have time to plan. You have time to create a budget and the time to find plenty of different suppliers and the very best prices. In the mean time, you can be bidding on auctions to see if you can get an excellent deal on some products. Unique bid sites could save you up to 99% on the RRP price! Conclusion For now at least, bidding sites will not completely replace commerce stores. They will continue to increase in popularity, but there are just some features that an commerce store has that bidding sites do not offer. In terms of pure money saving opportunities, there is no doubt that online auction websites are certainly the way forward for online shoppers. Basically, most online shoppers are using a combination of the two in order to save enough money on products, but also to get products instantly when they really need them. Some bidding sites offer a middle ground between commerce and traditional auction sites. At BidGrid you can bid to win your favourite items at a massive saving off the retail price, if you don't win you can then purchase at a discounted price, like an commerce store. This approach offers shoppers the best of both worlds.
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