BIDAROO
Bidaroo is a charity auction that sells Products for at
least 90% below retail! Bidaroo uses Blindfolded auctions so no one can
see what others have bid. However, Bidaroo now allows customers to see who the
current unique bidder is! Each bid one places on an auction, either
winning or losing bid, gets charged a certain amount of tokens. Tokens are sold
on Bidaroo. To purchase tokens, simply click on the "Buy Tokens"; tab
at the top of the screen. Remember, we are now offering discounts for bulk
purchases! Also remember at least 25% of net proceeds are donated to
select charities!
Example, if a product costs $1,000 then one could
purchase the item on Bidaroo for $100 or less. The winner of an auction is found
by taking the highest UNIQUE (not the same as anyone else's) bid.
The following is an example of the highest ten bids in our HIGHEST Unique Bid
auction, with a maximum Bidaroo Price is set to $100:
$100.00
$100.00
$99.99
$99.99
$99.99
$99.98 -- WINNER & HIGHEST UNIQUE BID
$99.97
$99.96
$99.96
$99.96
The bidder who placed the bid of $99.98 would be the
highest unique bid and therefore the winner of the Bidaroo auction. The winner
then purchases the product for $99.98.
