What is BIDTOPIA? (Bidtopia about us page)

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	What is BIDTOPIA? (Bidtopia about us page)

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REAL AUCTIONS:
Bidtopia uses a captivating format designed to mimic live auctions. Although our auctions have an estimated ending time, bids that occur within the last 60 seconds extend the ending time by one minute (commonly referred to as popcorn bidding). We require all sellers on the exchange to adhere to our philosophy; specifically that all auctions have no reserve and can be won for as little as 99Â¢. While a fixed price store format is now available, we do not wish our auction site to be cluttered with items that do not sell based on high reserves or minimum bids.

REAL SELLERS:
Bidtopia thoroughly evaluates each prospective seller, creating a higher level of standards. To ensure a successful marketplace, Bidtopia hand selects each seller through a vigorous process; including online applications and personal interviews. All Bidtopia sellers must have previous online retail or auction experience, as well as a legitimate business location.

REAL BUYERS:
Just like buyers need quality sellers, sellers need quality buyers. Bidtopia qualifies each buyer with a diminutive registration fee, which ties the bidder to a valid credit card, PayPal account, checking account and email address. This fee not only ensures buyer reputation and payment ability, it also prevents malicious bidders from returning to our site. Once a Bidtopia buyer fails to pay for over 10% of their won items, the buyer is removed from the exchange and unable to re-register.

REAL FEEDBACK:
Bidtopia is the first to institute a revolutionary feedback system which avoids the "tit for tat" retaliation found on others auction sites. Feedback is automatically left for buyers the moment they pay, or do not pay, for an auction. This eliminates the fear that the Seller has the ability to retaliate against a negative comment left by a buyer. Each transaction a buyer completes will always result in a feedback based solely on their payment record, without the typical "I'll leave you a positive when you leave me one" game.

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05 Dec 2007 05:09 AM

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