Below you can read about some of the differences between a 99Cent DVD auction (middle column)
and a typical auction (right column).
|How do I win?
||The highest UNIQUE bid wins.
bid means that nobody else bid the exact same amount. For example, in a single auction the following bids are accepted:
Participant "A" bids $0.42 (bid #1)
Participant "B" subsequently submits the identical bid of $0.42 (bid
Participant "C" bids $0.69 (bid #3)
Participant "D" bids $0.75 (bid #4) <--Successful
|In a typical auction, the highest bidder wins...and sometimes
you pay more for the product than it's worth. |
|Can I see the bids placed?
||This is a blind auction, so nobody gets to
see the bids placed.
||In typical auctions everyone sees the current high bid,
which results in the price being driven up rapidly. |
|Number of bids allowed in an auction
||Limited number of bids allowed for each
auction, making you more successful, more often.
||Typical auctions have an unlimited number of bids, decreasing
your chances of winning|
|Maximum bid amount
||Up to 99 Cents is the maximum amount
that you can bid. No DVD will ever cost the winning bidder more than $0.99
||The bid amount continues to increase in a "highest bid"
auction, eventually reaching an amount that you're uncomfortable with.|
We always auction brand new, factory sealed DVDs.
All Other Products are brand new and brand name.
Typical auction items can be used or donated items, not necessarily new.
In the case of DVDs they can be oversea bootlegs or burned copies.
||There is a nominal bid fee specified for each
auction, usually $1.99 per bid. This Bid Fee is charged (not the amount you bid) at the time the bid is placed
whether the bid is successful or not. The bid fee is charged each time you place a bid. A portion of the bidding fees are
donated to our selected charity.
|Duration of Auction
||The auction ends only after the 50th bid is
placed. This may take a few days or a few weeks.
||A typical auction last 3-7 days, but can be as quick as
one day and as long as 10 days.|
Our site is not like eBay, where you need to be the last bidder and you often get outbid by someone using
some kind of automated bid and monitoring tool. With 99Cent DVD, you are the successful bidder when you have the highest unique,
unduplicated bid. But, since this is a blind auction, where the close date is driven by the number of bids received, you can't
just wait till the last moment to place a bid that wins the auction.
So here is what some of our most successful winners have done....they bid multiple times in a single
auction. Bidding multiple times increases your chances of winning since we only allow so many total bids per auction. Also,
they receive an email alerting them if their bids are unique or duplicate. This tells them if they need to bid again
- Remember, a bid fee ($1.99) is charged for each bid placed in an auction.