BIDRIVALS.COM is reaping off customers
You must be thinking, how can that happen?? They market themselves as the ideal place to earn a profit and take home some real quick cash. This means that their activity should benefit the customers. To tell the truth, the reality in business is very much different from what we see forthrightly. For example, Algo trading is so glamorous that we would be tempted to try it. If you read its detailed reviews, you may be able to make out how that glamour comes into it, just click for info.
Similarly, let us get into the facts here.
For selling Nintendo DSi at 14 AUD they are making a profit of 444 AUD.
You will not believe it.. just do some basic calculation and you will say.. Oh !!!!
Product cost to them : 200 AUD
If winning bidder is @ 14 AUD there are total 700 Bidder.. you know one bid increases only 2 cents….
To bid one time you will have to buy bids.. and that cost 90 Cents.. total 700 times bid come to 630 AUD plus 14 AUD winning bidder price that comes to 644 AUD while their actual cost of product is 200(approx.. might be lower !) so the winner is BIDRIVALS.. they have generated a profit of 444 AUD by selling a Nintendo DSi @ 14 AUD only… amazing…
Believe it or not, the loser is the customer, visitor and bidder but not the BIDRIVALS.,
It is like a casino, the loser is who visit them…