Zapadeal Online Auctions fully launched Jan 2009. It's a brand new concept in social interactive fun in the form of auction houses. All auctions deliver the winner quality new products at huge reductions or free! Biding is done with 'bid credits.' The 'Penny Auctions' are fast and furious. The 'Down to Zero' and 'Buy Anytime' auctions are special in that they can save the winning bidder a lot of money. 1. Register Online 2. Buy Bid Credits 3. Choose Auction House 4. Choose Product 5. Place Bids.
Zapadeal Online Auctions have massive reductions on new luxury items! It seems that all auctions result in the winning bidder saving a lot of money and the losing bidders having a lot of fun... trying to win! Also the winning bidder has the new item delivered to the front door... without delivery cost internationally!
You can't sell your own items at this online auctions place. Zapadeal claim all the items are factory fresh... in-demand products. You could win a new automobile, travel voucher, giftcard or any top brand name technology product.
Social Interactive Auction Format
Zapadeal Online Auctions have several fun action houses. The fast and furious 'Penny Auctions' have two versions. The regular penny auction has a 10 second timer and the 'Hyper' version has a 5 second timer. Where the fun comes in... firstly you have got to beat the clock... and secondly you need to be the 'current bidder' when the time runs out. I guess the idea could be if the other bidders see you're in it to win... they may withdraw... or at least holdback long enough for the timer to run down!
With penny auctions the price goes up one cent with each bid (all bidding is in US currency). The 'Set Price' auction works the same as penny auctions... but the winner of the biding... only pays the 'set price'... no matter what the auction bidding goes to! So with this one you know exactly what you'll pay before you start. A 'Set Price' auction could also be 'set' at zero dollars.
Longer auctions are the 'Down to Zero' and 'Buy Anytime' auctions. With the Down to Zero auction... you want to be the bidder that takes the biding to zero! With the Buy Anytime auction... you buy when the auction gets down to a price you're happy to pay! Both this auctions start at normal retail price and go down 20 cents with each bid.
Zapadeal Bid Credits and Vouchers
To be able to place bids at Zapadeal online auctions you need to:
1. Register Online
2. Buy Some Bid Credits
3. Choose Auction House
4. Choose Item
5. Place Bids.
When you register... you give yourself a nickname. So when you logon each time... you use your nickname (username)and password. Bid credits are the currency used to place bids. You are able to purchase these bid credits in packs from US$20 to US$500. The bigger the package... the cheaper cost per 'bid credit.'
From the drop-dowm menu you select an auction house. You might pick the quick-action 'Penny or Set Price' auctions or the slower 'Down to Zero' or 'Buy Anytime' auctions. Then from
the chosen auction house you select the item that takes your fancy! The item could even be a voucher for a specific value. Vouchers can be turned into products of your choose. Zapadeal Online Auctions have introduced an innovation in auction products. At their online products store you can select an item to spend your voucher on. Zapadeal are international and are working towards having country specific products. It might be that you could select a local product to spend your voucher on.
When you place a bid the price goes down 20 cents... in the Zero auctions and goes up one cent in the Penny and Set Price auctions. That bid has cost you from 50 cents to 66 cents. The residual amount makes up Zapadeals running costs. With each bid you place... you'll see at the top right hand side of the screen that your number of available bid credits reduces. You can also buy and transfer bid credits to someone else in the system. Also you are able to buy 'Gift Vouchers' and have the gift voucher code number emailed along with instructions on how to use the voucher.
Zapadeal Has Eight Auction Houses
Zapadeal is new and they are developing eight auction houses... more than any other online auction place. The popular auctions are the Penny,Set price,Down to Zero, and Buy Anytime
auction houses. Other auction houses are:
- Nickel Auctions... the price goes up 5 cents with each bid.
- Exclusive Auctions... the least expensive unique bid wins.
- Up to Zero Auctions... bidding goes up from 5 cents and winning bidder gets itme for 'free.'
- Charity Auctions... this costs $9.97 to enter and the money goes to charity of your choice.
Zapadeal Online Auctions are introducing a new way to win an online auction. It is the 'Automated Auction Wizard System.' This system can be set to do the biding on your behalf. You set your maximum bid and let the wizard do its thing! They seem to cater for everyone, however clicking the bid button yourself... has got to be more fun!
Zapadeal Business Opportunity
Something different from all other online auctions is that Zapadeal have a business opportunity associated with this system. It is an online network marketing business. To become an associate you need to be sponsored in by an existing business associate. New business associates need to buy one of three packages. These packages vary in cost and rewards.They start at US$200 and this includes bid credits.
To receive benefits associates have to be active. They do that by buying $20 of bid credits each month or in accumulating points from customer purchases. Associates don't 'have to' purchase, but being in the business is about making short and long term residual income. The income plan is a two-third/one-third binary plan. Zapadeal expects to have a million customer by the end of 2009. This makes Zapadeal a lucrative business opportunity!
Summary: Reverse Auctions Always Reduce The Price
Most dictionaries indicate that an auction is a sale to the 'highest bidder.' Reverse auctions are truly the opposite. At all Zapadeal Online Auctions the winning bidder gets the goods delivered (no delivery cost) to their home on an international basis. If you were the winner of a new car... that car would be sourced in your country with the automobile warranty attached.
Zapadeal is basically another product outlet for top brand manufacturers and merchants. Their business is to move products. The products are paid for... by the 'bid credits' purchased. To view results by past winners go through the links below and when on Zapadeal... click 'Auctions'... click 'Winners.' It shows the normal price and the actual price the winner paid! Someone has to win the bids... could be you or me!
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