Beta Testing January 9th

Soon to open penny auction will be beta testing on January 9th and they have extended an invite to our readers:

Bid-Save would like to offer the readers of PAW a chance to help beta-test the Bid-Save site starting January 9th at 3pm EST.  All new beta-testing registrants will receive 100 free bids to use during the beta-testing phase.  We will be testing the system over the next couple weeks to verify that the site is functioning properly.  Additionally, we encourage all beta testers to contact us at with any comments and suggestions to help make the site more user friendly.  No items will ship during beta testing. At the end of testing, the free bids will be reversed and all users will start with 5 free bids when the site goes live.  Testers may purchase BidPacks during beta-testing, and can use the coupon code BETA1 to receive an additional 20% in free bids.  Any purchased Bids used during the beta-testing period will be refunded to the user’s account to use when the site goes live.  We plan to have the site go live on or before February 1st.  After the site goes live, we will be offering another promotion for PAW readers to be determined at a later date.
In case you want to know more about we asked the owner a few questions. was formed with the intent  desire  to “create a reliable and credible penny auction site, while attempting to create new ways to keep penny auctions fun and exciting.”  Bid-Save plans to begin beta testing on January 9th and hopes to have the site funny functional on or before February 1st, 2010. Bid-Save’s penny auction offering will start out with gift cards and smaller electronics and then include higher priced items in the months to come.  Auctions will run from 3pm to 3am EST, and in the future 24 hours per day.
What are the timer increments between bids/does this vary by auction?
The timers will vary between 10 – 30 seconds per bid, depending on the auction and product value.
How much are your bids?
Bid prices range in price from $0.75 to $0.90 each depending on the size of the BidPack purchased.
What are your shipping costs? How long will it usually take for users to receive their items?
At this time, shipping costs will vary depending on products.  Gift card shipping prices will start at $2.95 and larger items will have higher shipping costs depending on size and weight.  Eventually we would like to offer free shipping to the continental US. We plan to ship within 3 – 5 business days after the close of the auction.  All winners will be notified by email of the shipping tracking number so they may track their shipments.
What states/countries are you open to?
Our auctions are open to members in US and Canada.
What is your policy for bid refunds?
Purchased bids and all bids used in auctions are non-refundable.
Are there any win limits, limits /household?
In order to give everyone a chance at winning, we have a 5 win limit per 7 days in any combination.  Of the 5 wins, there is a 3 BidPack maximum per 7 days, and 2 Product maximum per 7 days.  Up to 5 gift cards can be won during the 7 day win limit period.
Is there a story behind the name/theme?
There is no real story behind the name other than we just wanted to create a site where users can get great deals on popular products, hence the name Bid–Save. We will be offering a couple auction types that should be fresh and exciting to new users.

One is the Free Auction that does not require the use of purchased bids.  The winner will only pay the final bid price (along with any shipping costs).
Also, we are trying out a new type of auction, called the Mystery Price auction.  The Mystery Price auction will have a predetermined price set and once the auction gets to that price, the auction will close and award the winner regardless of the amount of time left on the clock.  If the Mystery Price has not been reached when the timer runs out, there will be no winner, and all bids will be refunded.  We are creating this auction type to allow everyone a chance to win, without the auction prices getting out of control.

Thank you!
Bid-Save, LLC
Thanks! Beta testing for Bid-Save starts this Friday, January 9th and can be discussed in the beta testing forum.

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