Common Types of BidJeeto Auctions

Online auctions have garnered immense popularity within too short a period of time. This has greatly been attributed to the fact that they enable buyers to get a huge selection of products which they can purchase at a price lower than the retail cost. There are many online auctions that one can turn to. Bidjeeto is one of the most reputable online auctions that people can turn to. It offers a global coverage with the best deals for clients. However, if planning on reaping the most from Bidjeeto auctions, it is paramount to understand the various types of auctions available.

Entry Auction

This is the most common auction on Bidjeeto. Every person who auctions on the platform gets to enjoy this offer. It is basically provided to welcome the new bidders. According to the Bidjeeto.com reviews, the entry auction is given by presenting special offers to the new clients. However, it is important to understand that the special offers are also present for the old customers.

Free Auction

This is another common auction on Bidjeeto. Just as the name depicts, the offer is provided to enable bidders to bid without having to spend a single coin after winning. This is a common method used in clearing stock as well as introducing new products into the market. All in all, it is important to understand that Bidjeeto does not send free auctions to individual bidders through email. The offers are presented on the official website.

Fixed Price

This is a special auction which is used by manufacturers to gauge the performance of their products in terms of price. When using the fixed price auction, one is allowed to bid up to the highest possible amount. However, when a bidder is selected, he is only required to pay the prior stipulated price of the item as well as the delivery costs. The bidding amount therefore has no impact on the side of the bidder.

Hot Auction

This is basically the most famous kind of auction on Bidjeeto. It is used for bidding on the fast growing items or products with a high demand due to the exceptional prices.

24 Hour Auction

This is an auction that runs round the clock until the end date. Some of the auctions are limited to certain hours which could be between 1.00pm to 5.00pm. However, with this option, the bidding never stops. Bidders can place their bids at any time of day.

Bonus Auction

This is a regular form of auction. The only difference between this Bidjeeto auction and the rest is that it enables one to get additional point rewards.

Peak Auction

This is a kind of auction that starts at a certain period of time. The auction can start at 2.00pm and last for a considerable period of time as stipulated. If the bidding does not close, the auction will proceed the following day and start at the same time.

Live Auction

This is a Bidjeeto bidding that happens in real time. The bidder is guided by a Bid-helper so that he can manually click to place a higher bid.

Govind Agarwal is the author of this article on Bidjeeto. Find more information, about Bidjeeto review here