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Introducing - 
Post: #1   PostPosted: Sat Jun 02, 2012 2:19 pm Reply with quote
Joined: 02 Jun 2012
Posts: 2

Hi guys,

My name is Ishah Yates and I am the proprietor of

Launched in the UK in May 2012, is a new fast paced and entertaining reverse price auction website where the prices of all our products constantly fall until they're sold out.

Unlike other reverse auctions, all our auctions have no reserves or minimum ending prices so we always give you a GENUINE opportunity to grab some incredible deals.

The way our business model operates is that we will only be listing one auction at a time as opposed to multiple auctions running simultaneously. Our initial plan is that when one auction expires then the next one will begin and although there will only be one type of product up for auction, there will normally be a quantity in stock for purchase.

The price starts from the RRP and will constantly drop until the product is sold out. Members can keep an eye on the latest price and make a purchase at any time or wait until the price has dropped to their desired amount.

There isn't a bidding process or the requirement to purchase bid packs. In order to make a purchase, we do however require members to pay a small auction joining fee (which contributes towards the cost of the products).

According to our market research, many people dislike the idea of paying to bid as in most cases a person can spend a significant amount of money in bids and still be unsuccessful in winning / purchasing. We think that our auction concept is very fair as unlike in a majority of penny bidding auctions, our auctions do not represent a potentially big financial risk to people losing their money as we put them in total control.

We are making some site improvements and will shortly be implementing the following:

'Upcoming Auctions' page
'Finished Auctions' pages

Please view our site and any comments or suggestions will be much appreciated -

Thank you in advance.
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