Zanox launch Bid and Click

[David_Murray]

Tweet

iPhone_728x90.gif

Zanox UK are pleased to announce the official launch of Bid and Click.

Bid and Click represents a new and innovative way to purchase products based on the lowest unique bid auction concept. A member can place a number of bids. The bidder of the lowest unique bid is awarded and he can buy the product at the bid price.

Commisson is paid on both registration and the first purchase of credit.

Default 1 - 50: £1 on registration plus £3 for the first purchase of credit
Bronze 51-100 : £1.20 on registration plus £3.50 for the first purchase of credit
Gold 101-250: £1.50 on registration plus £4 for the first purchase of credit

Cookie Period: 60 Days

Sign up here!

To achieve optimum conversion Bid and Click offers its members a wide range of high quality banners, automatically updated based on current special offers and top performing products.

Please see below for an explanation of how Bid and Click works.

The user has the opportunity of buying products at below street price through an auction organised along the lines of a blind lowest unique bid auction. The Successful Bidder is the one who places the lowest unique bid and he can purchase the product at the price offered.
The lowest unique bid is the lowest bid in Pound and Pence for a specific product which is closest to 1 penny (£ 0.01) and which has not been bid by any other member.
The illustration explains the purchase mechanism based on a blind low bid auction.

untitled.bmp

The illustration shows that the successful bidder, who has the right to purchase the product, is the member who bid 3 pence. In fact, three pence is the lowest unique bid (for example £ 0.05 is also a unique bid but it is not the lowest), in other words only one person offered this amount (for example £ 0.01 is the lowest offer but it is not unique as other members made the same bid). The bids are blind, in other words secret, until the end of the Bid Period. As soon as your purchase offer is accepted by BidandClick you will receive the ranking of your bid compared to other bids placed by the other members but not the values.
Create your own strategy to purchase the product at the price you want!

Credits required for each bid

For a bid to be accepted by BidandClick you need to register and have Credits, which are used to send you information on your bid through our “Information Service”.

Examples of successful bids;

Products bid details.bmp

If you have any questions please let me know.

Kind Regards
Dave @ zanox

[honest]

"new and innovative" ...come on we have seen this many times before, at least honest!