11-06-2008, 06:21 PM
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Member
Mobile Model: Motorola Rizr Z3
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Join Date: August 19th, 2008
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AWSOME WEBSITE (better than ebay)
www.swoopo.com is a great site! Alot of products for cheap example: PS3 auction going for $5.00 (yes im not lying) check out the site they have gaming consoles, electronics and other stuff for great prices! but hears something i learned via google
“ Quote ”
"Now, let’s say you want to bid on that item listed as “Wii | Nintendo Console + Wii Sports”…first you have to create an account, this takes a few minutes. Next, it’ll ask you to select a “bid package” which run anywhere from $20 to $500, depending how many bids you want to buy ($1 = 1 bid). Let’s say for instance you want to buy the $20 bid package which will cost you $20, you can pay for it using a credit or debit card. After you’ve purchased your bid package, you’re ready to roll. Search for an item you want to bid on…let’s use the “Wii | Nintendo Console + Wii Sports” as an example. You may see that the current bid is $11.00. You’ll see a clock counting down and to the left of it, a number - either a 10, 15 or 20. That number lets you know how many seconds each bid adds to the clock. That’s right, every time someone bids on an item, the time increases by however many seconds displayed. Now, obviously the object is to be the last person to bid on the item. Each time you bid, you use up one of the bids from your bid package. Be careful bidding, as other users may use BidButler, which automatically places bids for them up to a specified dollar amount. It’s especially interesting when the last 10 or so seconds approach and 10 users or so have BidButler activated, all placing bids consecutively one after the other raising the time by 10, 15, or 20 seconds each time. You can see an auction with 10 seconds left increase to 5 minutes, which by the way is terribly annoying. The winner of the auction must pay the price of the auction, or in some cases, a “fixed price” set by Swoopo. In the fixed price scenario, the dollar amount shown as the bis is purely cosmetic, the winner just pays whatever the “fixed price” is.
So let’s say for example, you have 20 bids, and you spend 17 bids to win that “Wii | Nintendo Console + Wii Sports”. You win the auction at $20.15. You will then pay Swoopo the $20.15 plus any shipping charges that apply. You saved over $200 on the item itself, however you spent $17 (in bids) plus the $20.15 for the actual item…in total, you paid $37.15 plus shipping for that “Wii | Nintendo Console + Wii Sports”…which is still really good considering the retail listed was $249. However, you only have 3 bids remaining, and you probably won’t be winning any auctions with only 3 bids…you may be inclined to buy more bids…THIS IS HOW THEY CAN AFFORD TO SELL THESE ITEMS FOR SUCH LOW PRICES! Genius! Now, multiply this scenario with thousands of users, many of which may never win an auction. That’s a lot of money!" (full site http://www.reviewstream.com/reviews/?p=49273)
Happy bidding
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