Interview with Bidazzled.com

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Readers have been telling us that they’ve won & received items from recently opened penny auction Bidazzled. Bidazzled is running a special offer just for Penny Auction Watch members:  Use Coupon code:  PAWS-DEC   and receive 10 additional bids in your account for a total of 15 to try Bidazzled for Free (We have had 2 Wii winners this past month using just their 5 introductory bids.)  Offer Good through 2009.

Current 12 Days of Christmas Special Promotion (Valid through Dec 13th)

  • Refer a friend and receive 15 Bonus Bids (must use your unique URL that we give you to qualify)
  • No win limits through next Sunday
  • 25% of normal bids placed returned in Bonus bids if you don’t win (limit 50 bids per auction)

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Learn more about Bidazzled and remember to tell us about your experiences with them and all other penny auctions! Don’t forget about our giveaway, Bidazzled is giving out free bids!

Penny Auction Watch: What got you interested in the entertainment shopping industry?

Bidazzled: A popular site hooked me in 2008 and it totally consumed my life for three days.  Signed up, gave them $125 and it was gone in 30 min, gave another $125 and 35 min later it was gone.   Then convinced myself that simply  did not have enough bids and invested $500 more.  Having  spent 750 bids on a camera and having nothing to show for it, realized that there had to be a better way.  That was the beginning of Bidazzled and “No Risk” bidding.

Penny Auction Watch: When will you open?

Bidazzled: Bidazzled is currently live and are USA only.

Penny Auction Watch: What kind of items do you have lined up? Will your auctions run on a schedule?

Bidazzled: We certainly offer what is popular.  Ipod’s, Wii’s, X-Box’s, Playstations, DVD Players, Laptops, HD Tv’s and more.  We introduced some Ed Hardy items this weekend that were very popular.   Auctions typically start auctions at 3pm EST and run through 10pm.  As membership grows we will add additional items and times.  We have at least one person covering customer service during auctions and sometimes more.

What makes Bidazzled Unique?

Bidazzled: 3 Unique Qualities:

  1. Bidazzled is a “Risk Free” Auction site!  This is really exciting for people who are used to there only being one winner in an auction.  At Bidazzled, if you don’t win, you may apply your investment in that auction towards purchasing that item.  In addition we give bids back in the form of Bonus Bids.  Currently we are running a promotion where everyone receives 25% of their normal bids back in the form of bonus bids (Max of 50 per auction).  To help bidders from spending too much, we show how many paid bids a person has used so they can see when to exit the auction so they can purchase the item for less than winning the auction.
  2. If you win an auction, we typically make you an offer at checkout to let us buy the item back from you.  Those options are:
    • For Cash (payments made via Paypal)
    • For Cash and Bids
    • For Bids

This option has been immensely popular with over 75% of winners electing additional bids.  This just shows how popular online bidding has become.  Bidders also bid on items they don’t want or need simply because they would like to sell it back to us.

3.  Bidazzled exists to fund a charity.  At least 70% of auction profits go directly to The Ruch Foundation for small cell lung cancer.   www.ruchfoundation.com

Penny Auction Watch: What are the timer increments between bids/does this vary by auction?

Bidazzled: Great Question.  Each bid placed with less than 18 seconds resets the clock to 18 seconds.  If two autobidders duke it out, the bids are used immediately and the clock resets to 2 minutes to allow a bidder time to plan a strategy.  Bids are cut off by the server at 1.5 second remaining, so we encourage people to place their bids with enough time to ensure it is received in time. Our auctions vary between $.01 and $.25 (bid increment)  normally they are between $.05 and $.18.

Penny Auction Watch: How much are your bids?

Bidazzled: Our bid cost never exceeds $.67 per bid and in many cases is lower.  We have 2 bid types:

Normal Bids (Cost: $1 each)

Bidazzled:

    These bids are what you receive when you first register (5 Bids are given free) and when you purchase bid packages or win in an auction.

    Bonus Bids (Cost: Free)
    Are just that – a bonus. Bonus bids are provided when you: purchase a bid package, refer friends, bid on an auction and don’t win.  Bonus bids work much like normal bids except they last only 7 days.

Penny Auction Watch: What are your shipping costs?

Bidazzled: Shipping costs are nominal and in some cases free.

Penny Auction Watch: Are they win limits, limits /household?

Bidazzled: We have a 5 item win limit per week; however, we have suspended that win limit through Sunday the 13th as a special promotion.  We limit people to 1 account per IP address; however, recognize that exceptions need to be made and as long as bidders agree not to bid on the same auction, we do permit multiple accounts.

More comments:

Bidazzled: Bidazzled has an amazing referral bonus program.  We reward people for 5 levels of referrals.

    If a friend uses your unique URL to get to Bidazzled and registers (no cost involved).  You receive 5 Bonus Bids (Currently 15 for the next week).
    If your friend refers a friend, your receive 4 Bonus Bids and they receive 5.  This is Level 2
    Level 3 yields 3 Bonus Bids to you, Level 4 yields 2 and Level 5 yields 1.

On our site you can use our tools to invite all or just one of your friends from your email lists, Facebook, Twitter, MySpace and any of a hundred other common email and social network sites.

Discuss your experiences with Bidazzled in our forum! (Disclosure: links to Bidazzled are our affiliate links, if you decide to try them out please use our link! Thank you.)

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