How To Buy Brand New & Generic Hardware and Electronics For Cheap

50percentoff   How To Buy Brand New & Generic Hardware and Electronics For CheapHave you ever wondered how you can buy a brand new PS3, XBox 360, Wii, or other gadgets and electronics online for half the price of the recommended retail price?

You might think it is impossible, but in actual fact you can. People have saved over hundreds of dollars, all thanks to online bidding sites. These sites work by allowing you to bid for products and buy gadgets online. Whoever the winning bidder is when the timer reaches zero, buys the product for that price. But the catch is, you have to pay to bid. There are three great bidding sites I have gathered up for you to bid and buy electronics for cheap.

Bid Rivals ““ World Wide

Bid Rivals is a global online bidding site that operates in 26 countries. Each product has a countdown timer. When the timer reaches zero, the bidder who made the last bid purchases the product. If another bidder bids before the timer reaches zero, the time restarts and it counts down to zero again. However, to be able to bid, you must first buy bids. For Australian users, bids are $0.80 each; for UK, bids are 0.45 GBP; and in the US, they are $0.60 USD.

bidrivals   How To Buy Brand New & Generic Hardware and Electronics For Cheap

Bid Rivals has many different products to choose from and a great range of categories that include: Audio & iPods, DVD and Bluray, Gaming Consoles and Games, Laptops, Home and Garden, Computers, Televisions, Mobiles and heaps more. You can also click the “˜Buy Now’ button to purchase products at a fixed price without having to bid. Bid Rivals has to be one of the largest online bidding sites on the internet to buy gadgets online.

Planet Bid ““ UK, Australia, & New Zealand

planetbid   How To Buy Brand New & Generic Hardware and Electronics For Cheap

Planet Bid works in the same way as Bid Rivals. Every time someone places a bid, the countdown timer increases. Once it reaches zero, that person wins. The main thing that differs between the two online bidding websites is how much the bids costs. Have a look at the image below for bid costs.

bidcosts   How To Buy Brand New & Generic Hardware and Electronics For Cheap

All listings on Planet Bid start at $0.00 which means you can buy a gadget online for up to 90% off the retail price. Also, 10% of the final value of each auction goes to a charity of the bidders choice. The only downside with Planet Bid is that it is not worldwide and the products listings are minimal.

BidMadness ““ Australia & New Zealand

Bidmadness   How To Buy Brand New & Generic Hardware and Electronics For Cheap

BidMadness works a little different to the other online bidding websites. With BidMadness, you enter what you think the highest unique bid will be, making sure it’s within the limits of the Maximum Bid Amount. If you have the highest unique bid when the auction closes, you win that item. You can visit the How It Works page for more information.

Bidding Tips & Tricks

With these sites, remember to bid wisely. Set yourself bidding limits, because if you spend a few hundred dollars on bidding, you may not always win the product. And remember, if you lose, you don’t get your bidding costs back. So a good idea before you start using these websites is to have a plan of attack. Set yourself bidding limits and the maximum bidding costs that you are prepared to spend for each item.

Have you used another online bidding site before? What is it called and what are your thoughts about it? Please share with everyone in the comments section.

You might find these articles relevant: 13 Bargain Websites That are Cheaper than eBay, 5 eBay Tips On How To Buy & Sell BETTER, 7 Tips for Private eBay Sellers.

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15 Comments -

DeLarge

I am afraid that there is a potential faul play, these scheme could use dummies in order to get the maximum number of bids.

I am not saying those sites do it, but I have read terror histories about domain names bidding that sends warning lights about this kind of business.

Jack Cola

Yes, you are very right saying that. I am not sure if these sites do it, maybe smaller ones do, but out of all of them Bid Rivals being the biggest, I doubt that they would need to. But having said that, that’s only my opinion and I could be wrong.

Medisoft

Thanks for these links, will have to check them out for some cheap games and stuff. I usually just use eBay.

Allanon

I signed up for swoopo.com but never bought any bids. I read all the rules and costs but the thing that stopped me was having to buy bids in bulk. I just wanted an XBox 360 and didn’t have plans on buying anything else yet I would have to buy a minimum of 40 bids at $0.60 which is $24 before biding on something. That was a deal breaker.

vamshi

list the websites which are available in India also.

Alex

i won a xbox at http://www.pennybiddr.com for about 0.78, it’s exciting :p

dave smith

You are full of shit. That site is a scam and you know it, because it is most likely your business.

Cotswolds BB

I can’t believe you are advertising these scam sites. Its just a lottery where you are buying a ticket. If you add each bid into the final price paid, these sites are ripping people off very badly.

Jack Cola

Yes, but you can pick up some discounts. Even if you spend $100 dollars on bidding, you can still pick up a decent product under the RRP. Just remember to not go over the top with your bidding like I recommend. Set yourself some limits.

It is just like buying a product on ebay, but everytime you bid, its free.

Oron

Spot on. These are essentially scams, that work like a lottery. Your chance of winnning a particular item depend on the total number of bidders for that item, and the company makes its money by ensuring that the average bidders * bid_cost is higher than the value of the item. Frankly,

I’m shocked that MakeUseOf publicises – nay, recommends – such dodgy businesses.

hokage1k

i second pennybiddr.com, i spent about $45 on bids and won a 55″ tv and a $25 gift card to audible.

Joe B

WOT shows Bid Rivals as untrusworthy. You guys need to do more research before recommending sites like this.

Todd

Whats the next post, “How to make money by helping Nigerian Royalty by bank transfer?”

molly

Yes. All of these PAY TO BID sites are for SUCKERS!!!!!
Spend $200.00 on bids and lose to some maniac for a penny.
Let’s see…You have spent $200.00 on bids. If you stop bidding, you lose money your money, and if you keep bidding, you put more money in the pot, and then you win or LOSE. Sounds like gambling to me…

molly

Yes. All of these PAY TO BID sites are for SUCKERS!!!!!
Spend $200.00 on bids and lose to some maniac for a penny.
Let’s see…You have spent $200.00 on bids. If you stop bidding, you lose money your money, and if you keep bidding, you put more money in the pot, and then you win or LOSE. Sounds like gambling to me…