Lowest Price Wins?

Saturday, April 28th, 2007

Cost of living is no doubt on the rise. It seems that everything is just getting more expensive. The week dollar is driving imported goods’ prices through the roof and the price at the pump just keeps going up.

With everything around us costing so much we jus couldn’t stand back when we heard about a great new sweepstake system that completely turns the table on traditional pricing structures. Rather than bidding up items, bid4prizes.com runs a reverse auction system where customers place bids and the lowest unique bid wins.

Items in the game include Apple I-Phone’s, HDTV’s, Designer Bags and even cash prizes. The bid itself is only for determining the winner, at the end of the game the contestant with the lowest unique bid gets to keep the free gifts and is not required to pay the price of his bid.