important to provide those who are new to the penny auction process with a platform where they can compete against members of a similar caliber.”, said Bob MacReynolds, President of Bid-Bob.com.
Winston-Salem, NC (PRWEB) July 11, 2011
Bid-Bob.com, a leader in entertainment shopping in the United States, announced today that it will begin offering auctions for members that are new to penny auctions.
The two levels of auctions, Beginner and Intermediate, allow only users who have fewer than a pre-determined number of auction wins to participate. Currently the Beginner Auctions are set for members with fewer than 5 auction wins and the Intermediate Auctions will be open to members with between 5 and 15 total wins.
Offering auctions specific for inexperienced auction users is Bid-Bob.com’s first major platform addition since its launch in May. “Recognizing that there are different levels of penny auction members, we felt it was important to provide those who are new to the penny auction process with a platform where they can compete against members of a similar caliber,” said Bob MacReynolds, president of Bid-Bob.com.
“As the global economy slowly recovers, consumers are looking for non-traditional outlets to receive great savings on consumer electronics, gift cards, and other items,” said Larry O’Dell, chief financial officer of Bid-Bob.com. “Our platform provides the opportunity to receive the needed and desired items at a 90-95% discount off the retail price and by now offering Beginner and Intermediate Auctions, we have significantly expanded the reach to those who can benefit.”
Bid-Bob.com is an entertainment shopping website where members bid in a unique auction process for the right to win specific items such as an iPad 2, gift cards to major retailers such as Walmart, Victoria’s Secret, Home Depot and many more. This “penny auction” format keeps the final auction price low, providing members with the benefit of receiving their items at a fraction of the retail price.
Bid-Bob.com is an entertainment shopping website where members purchase and place bids in an auction process to receive top consumer electronics, home appliances, and gift cards from major retailers at a fraction of the retail price. Unlike a traditional auction, the Bid-Bob.com auction process increases the item’s price by one-penny for each bid placed. The unique auction format provides users with an entertainment shopping experience where multiple items are open for bidding at one time, a winner can be determined after 10-15 seconds of bidding, and auction users can take home great items at between 70-90% off (including the cost of bids and shipping) the Retail Price.
To register for a free account, visit Bid-Bob.com. For media inquiries please call 1-800-908-2373.