Interview with BidMyDreams

BidMyDreams.com is another new penny auction you may want to bookmark. Their first set of auctions are set to end on November 1st. bidmydreams

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


BidMyDreams: Well, like many penny auction fans and owners, we see great potentials in this new type of shopping. As the owner of Biddango mentioned in his interview, Swoopo provides an exciting alternative to eBay. Unlike traditional auctions where eBay crushed all competition, there are lots of rooms for small penny auction sites. From a user’s standpoint, they don’t want to compete with 5,000 other bidders to win an item! So that’s where we came in. Hopefully we can establish a foothold in this ultra competitive market with good words of mouth while providing exciting shopping experiences.

Penny Auction Watch: When do you plan to open?

BidMyDreams: Our site is actually LIVE right now. All of our opening day auctions have been put up. Technically the opening date is Nov 1st, and that’s when the auctions will end. Don’t forget, we are running a two week promotion from now until Nov 1st.

Penny Auction Watch: What kind of items do you have lined up?

BidMyDreams: Go check our website.www.bidmydreams.com and find out yourself… For our opening day items, we have PS3, Wii, iPod Touch, Acer netbook, AMEX giftcards etc. As for the regular lineup, we will feature the same items, plus a wide variety of giftcards. As mentioned in the forum, our offerings are partially based on the Amazon’s bestseller list. Of course we also listen to our customers to what they want.

Penny Auction Watch: Will any of your auctions have reserves?

BidMyDreams: No, there is no reserve for all our auctions at the moment.

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

BidMyDreams: Each bid will add 15 seconds to the clock. As we gain users we may set a limit, say 30 seconds max.

Penny Auction Watch: What are your bid prices?

BidMyDreams: 75 cents per bid. With our current promotion, it can be as low as 62.5 cents per bid.

Penny Auction Watch: What are your shipping costs?

BidMyDreams: Some items, such as electronic gift card, do not have any delivery charge. Otherwise the delivery and handling fee starts at $4.99. Some companies milk customers on their delivery charge, we will not do it.

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

BidMyDreams: To ensure everyone has an equal chance in winning, we currently have a limit of three wins per week.

For our special Winner-Take-All auction, the limit is one win per week. We will talk about it later in details.

Penny Auction Watch: Is there a story behind the name/theme?

BidMyDreams: Our original url iswww.bidmydream.com. We have encountered some techanical difficulties -). Let’s just say it’s not easy to build an auction site entirely from scratch. Our second try results in www.bidmydreams.com. As for the original url, we have a plan for it, but it depends entirely on the sucess of BidMyDreams.

Penny Auction Watch: And anything else you’d like to add!

BidMyDreams: In addition to the regular and penny auctions, we are introducing a special  Winner-Take-All format. The premise is simple. The winner will be reimbursed with all bids they placed in the auction. All they need to pay is any applicable delivery fees (imagine getting an iPod touch for $8.99!).

We understand there is pro and con to this type of auction. That’s why we implement the one win per week limit to it. Most of our auctions will be regular or penny auction to limit any abuse. That being said, we will try to feature one Winner-Take-All product a day. As for our opening day line-up, the $100 American Express Gift Card is using this format. Good luck and Happy bidding!

Thanks BidMyDreams, we wish you well. Discuss BidMyDreams in the forum.

(Disclosure: Links to BidMyDreams are affiliate links. Thank you!)

That’s why online pharmacies is becoming more popular over the last years. Well-known are remedies which are used to reduce inflammation caused by inflammation of the skeletal muscle etc. There were only few examples. Did somebody tell you about canadian generic Viagra? Maybe you already know about the matter. Sexual dysfunction can be a result of a physical condition. Even when it has a physical cause, psychological problems can make the disorder worse. Sex drive problems are so commonly a product of how you feel that there is some to that “headache” saying after all.

Related Posts with Thumbnails
About the author: Connect with me on Google+
3 comments… add one

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Next post:

Previous post: