How to Bid in our Low Bid Auctions
Bidding in Express Bids online sealed ebid (electronic bid) Low Bid auctions operate in the following way. The information below will help you understand how to bid in our Low Bid auctions which are also commonly referred to as Reverse Bid auctions work. There is no need for any auctioneers in our online auctions
Express Bids online auctions allow you to stand inline to win the latest in high demand, technological advanced products currently on the market for as little as one pound GBP Sterling (£1)* in value. Why buy in store when you can make a simple online internet eBid and possibly win in our fantastic online auctions.
All products auctioned by Express Bids, are brand new and carry a full manufacturer’s warranty.
Remember: 5% of ALL entry fees received for each bid placed in any Express Bids online auctions, will be equally shared between Express Bids supported charities, Cancer Research UK and World Vision.
Firstly, to get started you will need to register your details with us, so you can create your unique bidding auction account. To do this, just simply click on the Register for Free button or click Register on our tab bar. Then just complete the new or unregistered customer registration form on our registration page and click submit. You will then receive an automated welcome to Express Bids e-mail, where you will find a link which you will be required to click on to confirm your e-mail address to complete your registration with us (don't forget to check your Junk Mail folder should you not receive our automated e-mail within a few minutes of registration).
NOW YOU ARE READY TO BEGIN BIDDING in our fantastic ebid auctions and save yourself possibly hundreds of pounds, dollars or euro’s on the most high demand technological advanced products on the market.
Remember: You will not be liable to pay the bid value which you bid in any of our Low Bid online auctions and High Bid online auctions, unless you are the successful bidder come the end of the auction period. The only value you are responsible for paying upfront is your entry fee for the auction in which you bid. All Entry Fees are displayed in each auction.
Express Bids Low Bid (Reverse Bid) Online Auctions
To win in our Low Bid (Reverse Bid) online auctions you will need to think of a value which come the end of the auction period you think will be the Lowest Unique bid which no one else will have bid for the product you have selected to bid on come the end of the auction. For Example, if you feel that come the end of the auction, that the Lowest Unique bid which you feel no one else will bid for this product will be £3 then you bid £3. Once the required number of bids are reached for the auction you are bidding in, which are displayed alongside the product you are bidding on and updated when each new bid is received and if your bid is the Lowest Unique bid which no one else has bid come the end of the auction, then you are the auction WINNER! All bids placed in our auctions are sealed ebids.
The Express Bids Low Bid (Reverse Bid) Online Auction example:
Bid : £1.00
Bid : £1.00
Bid : £1.00
Bid : £1.00
Bid : £2.00
Bid : £2.00
Bid : £3.00 - Winning Lowest Unique Bid
Bid : £4.00 - Unique bid but not the lowest
Bid : £5.00
Bid : £5.00
Bid : £5.00
Bid : £6.00
Bid : £6.00
Let us get started:
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Click on the Low Bid button on the main page tab bar to view all products available on Express Bids website for you to bid on in our Low Bid (Reverse Bid) online auctions.
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Find the product which you would like to bid on in one of our Auctions and simply enter your bid value in the box provided “My Bid is:” (all bids placed must be in whole/round Pound GBP Sterling values, no pence or cents e.g: £1, £2, £3) and click on the “Place Bid” button.
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You will then be taken to your “My Basket” page where you can either choose to checkout or continue bidding on our other products being auctioned before checking out.
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There is no limit on the number of auctions you can bid in at once before checking out. As you bid on each auction, they will be entered into your Shopping Basket.
If you are a winner in one of our auctions, what happens next?
If your bid in any of our ebid auctions or raffles, is a winning one, we will contact you by phone or e-mail. You will then have 24 hours to confirm whether you want to go ahead with your winning bid and a further five days in which to pay by bank transfer. Please note that your winning bid is not binding, but if you do confirm that you wish to go ahead with your winning bid value, you will then be making a binding commitment to Express Bids Limited, so don’t say yes unless you are sure you wish to proceed with your purchase.
There is no need for any auctioneers in our Low Bid auctions and none of our auctions operate in the same way as a Penny Auction do, where you never know when the auction period will end as there is no set auction period time frame when there are bidders still bidding. Our required number ebids in all of our Low Bid auctions are all clearly display below each auction indicator bar, which displays the number of bids required for the online auctions to close at all times. In Penny Auctions it may well be possible that you are bidding against a computer (bidbot) or fictitious bidders. Please be aware that you are bidding on legitimate online Penny Auction sites when bidding in their Penny Auctions.
Good Luck and Happy Bidding!
Team Express Bids