Lowest unique bid auction SmartBid has just told us that they lowered their bid costs & added a rewards store to reward their users: “First, we want to extend our thanks and sincere appreciation to all of you for your feedback and suggestions to make our site super fun. You sent lots of ideas, suggestions and product choices through our survey – we at SmartBid sincerely say “Thank You!”We read through every single response and worked on the ones which you all asked. Some of the major updates you will notice as of today:
- Lower Bid Cost: We slashed the bid cost for most of our auctions from $1 to 75 cents. Which means more bids for the same buck – so if you have $75 in your account, you can bid 100 times now in regular auctions.
- Win Limit: No one likes one bidder winning all the auctions and having all the fun! So, now if you are a smarty pant and have won 5 auctions in 7 days – We ask you to reward yourself by taking a break! Which means more reasons for all of you to jump in and play without fear! (This is in addition to 1 featured product per two weeks limit).
- Beginner Auction: We have now more beginner auctions listed and if you haven’t won 3 auctions you are eligible to participate.
- Early Bid Limit: To make our auctions more fair for everyone, we are introducing early bid limit. Now, we are limiting 25% of the early bids per bidder in order to give other bidders a fair chance to bid at the discounted bid cost period. So get in early and bid at half the price.”
Have you bid on SmartBid or any other lowest-unique bid penny auctions? Discuss this in our forum!
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JAN July 2, 2010, 6:13 am
What can I say –
The Smart Bid has been a fantastic experience for me from go!
I have won and received an ipad, itouch, multiple bid packs and gift cards.
Then recently I scored a camera for my daughter and another ipad – I was so excited this ipad is a gift for my dad’s bday!
Customer Service is outstanding! As for the few things that needed to be addressed along the way and they made sure everything was settled 150% before letting it go.
They take what their members say to heart and they are willing to make changes – WOW and THEY ACTUALLY FOLLOW THROUGH!
The Smart Bid is dripping with potential.
They are searching for ways to provide a fair playing field for new users while providing a challenging edge for more experienced bidders.
The Smart Bid could just be the definition of have your cake and eat it too!
Seriously, this site is worth a visit and if there is something that you think could make it better just speak up – Really – Make suggestions – Anything from policies and terms to what you would like to see up for auction.
You will really have a voice and better yet you will have eager ears willing to listen to that voice.
ENJOY! OOO! Happy Bidding!!!