Bid your guaranteed auction with BigDeal

| November 24, 2009 is a venture-backed company that is pioneering a new type of auction called the GUARANTEED AUCTION. Guaranteed auctions are different than typical Internet auctions in the following three ways:


  1. Winners of guaranteed auctions get a huge discount, typically 65%-90% off retail. We only auction new, factory-sealed items with a 100% return guarantee.
  2. In order to win an auction, users purchase bids for $0.75 each. This keeps competition low, resulting in huge discounts for the winner.
  3. Users who don’t win the Guaranteed Auction get ALL their money back to purchase the auction item at its retail price and can apply their money to get a discount on a gift card.

BigDeal and the tutorial is here

Category: Tech