UniqueAuction is one of the well known auction portals of its time, which gives rewards to online auction bid. It has given away thousands of items for a fraction of its retail price and is better than a lot of physical auction hong kong .
Range of different highlights, in the last few years include; 150 Xbox 360''s selling for no more than $4.00 a $60,000 Nissan 350z sports car selling for only $720 during Christmas season. No matter if it is a brand new item with cutting edge technology or antiques with unique ancient attributes. The price is always low and convenient.
Initially, the site charged $1.00 and $2.00 per bid price. However, all bidding fees have been waived off and offering completely FREE bidding, UA hopes to have continued success and growth for many years to come.
This site works, on the principle of unique bidding; where items are sold cheaper than their actual value. The business is still profitable as the number of participants may exceed the actual price of the product, sometimes. This is beneficial for both parties.
In conventional bidding the perceived worth of the item tends to be the driver of a bid, while in this case, a unique bid for an item determines the pricing of the item. Similarly, unlike traditional unique auction bidding; where bids are secretly maintained UA (Unique Auction) lets you see all the bids placed by the bidders. The maximum limit of a product for instance, an iPod is set below its retail price.
Then the bids are invited from the anonymous individuals for a set period of time. When all numbers from lowest to highest level till the set limit are occupied, the product or item is declared as a win for the one who bid the highest value for the first time. This bidder must also have a minimum number of duplicates of their online auction bid.
The business is still profitable as the number of participants may exceed the actual price of the product, sometimes. This is beneficial for both parties. Certain dealer in this industry can also benefit from this site. Other regular purchasers or those who like frequent selling and purchasing of different items; being a member of Unique Auction is a great idea. It values customers and is competitive with any auction Hong Kong or Australia.
The registration process is simple and the services offered are vibrant and unconventional. Moreover there are multiple product categories including, automobiles, computers, iDevices, electronics, fitness exercise machines, boats, apparels, sports goods, antiques, toys, jewelry and accessories, motor cycles to quench your buying or selling thirsts.
Many believe that this online unique auctioning site is worth a million because it saves a lot of time and money which is spent otherwise on searching a right product at the right time.
Unique Auction has gained tremendous response and popularity on many publications and news networks throughout North America.
The recent being KTLA''s Kurt the Cyber Guy, Edmonton Sun, City TV''s & various A-Channel Breakfast Televisions, CNET News, USA Today, Boston Globe, Forbes, San Jose Mercury News, New York Newsday, and CTV''s TechNow.
Author Resource:
This article is regarding online auction bid . For more information on online auction hong kong visit Uniqueauction.com