London, UK (PRWEB) August 14, 2008
BiDWiZ's highest unique bid auction system gives users the opportunity to acquire high quality brand new products with full manufacturer or supplier guarantees at low, bargain prices.
Auctions bidding could not be simpler with BiDWiZ's easy-to-bid system. Registration is free. The participant can then place a bid on an item after paying an auction participation fee for each bid placed (Cost Per Bid). The participation fee charged allows items to go for extremely low prices. Each auction fee helps to pay for the cost of the item being auctioned. Payment is done through credit card.
The participant who holds the highest unique bid closest to the Top Price at the time the auction ends is the winning bidder. Auction ends when it has reached its Bids Quota (the number of bids allotted to the auction) and the Countdown Timer (indicates the amount of time left for the item) has ended. The auction will then be marked closed. For a bid to be unique or eligible to win, no other bidder can have made a bid for the same amount. The Top Price represents the highest amount the item will be sold for. It is usually about 10% of the item's retail cost.
The successful bidder will then be notified by email or phone. BiDWiZ sends the winning bid to the supplier and then the item is delivered to the winning bidder according to the delivery details specified in the auction.
BiDWiZ's unique auction system utilizes a simple, easy-to-navigate and interactive platform which keeps participants fully up-to-date in real-time throughout every stage of the auction. These updates are vital to help them plan their strategies to win the auction. The site offers features such as the My Account where a participant can view the status of his/her free bids, discounted bids and prepaid bids bank. My Bids contains a list of all his/her bids in a specific auction where bids highlighted in red are disqualified. Important auction data, promotions, gifts and more are posted in the Message Board.
For those who haven't found their dream products yet, BiDWiZ welcomes product suggestions. The site also features sections such as The Guide, Free Training, BiDWiZ Tips, FAQs. These resources and tools make bidding easier especially for first-time participants.
To provide even more savings, BiDWiz offers prepaid cards/vouchers. A participant who purchases these cards will be able to bid at a discounted rate on each bid. The higher the value of the card, the bigger the discount is. What's more, a participant who finished second place wins too. BiDWiZ automatically adds five times the bid value of that auction to his/her account.
Additionally, to maintain the highest level of security, the site uses SSL technology - the most advanced security software currently available for online transactions. Payment and personal details are secure at all times.
BiDWiZ.co.uk is the latest alternative auction site created by Systematic Trade, a leading European provider of online trading platforms. Systematic Trade is registered and situated in London, UK. For more information about BiDWiZ, visit http://www.BiDWiZ.co.uk.