Madbid reviews – Have Fun Bidding!
Quick Review
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What We Liked:
Madbid.com is an auction platform where you can win incredible discounts on items. All the items listed are premium brands and they are all featured. Users can save up to 80 % off the Recommended Retailed Price. The company operates in real time and everyone can bid on the auction he suits. Customers can bid on auctions using credits they buy. The products list includes any merchandize you can find online from cars to laptops and mobile phones. The company is a real organism that operates with commitment to ensure the security of all transactions and protects the protection of the users data collected through the subscription or payment forms. Only username are displayed publicly. The company is featured on famous newspapers and it gain more and more customers. The company has launched a new feature that enables everyone to be a winner and purchase the item he wants by introducing the BuyNow functionality. Is madbid real ? Is madbid safe ? The answer of the two questions is yesWhat We Disliked:
Some complaints have been reported regarding the refunding and the returning policies. The company has tendencies to be reckless regarding refund request and is only rushed when the customers involve their credit card providers. The presence of auto bidders may cause the company to appear as tricky.Mad bid is conquering the marketplace of online auction. Originally launched in the United Kingdom, madbid.com is spreading worldwide and expanding its coverage to to United States, Canada and Australia. It tends to conquer more countries and more markets. It applies a particular strategy that allows customers to save up to 80 % on the RRP of the items and still makes enough money to subsist. It listens to its customers and introduces new features in response to many complaints to satisfy customers. With the numerous tips that you can collect over the web, which are cited by people who have won auctions bidding on the madbid platform, the experience is worthy and you can always win something.
Madbid reviews – Have Fun Bidding!
elling and Buying items and merchandise online has grown since first it was introduced. As virtual world is nothing but a copy of the real world, any commercial process and merchandizing type that is spread in the real world has its virtual presence. Shopping online has already conquered even the real world shopping: you no longer need to visit stores to get what you want; just you visit the online platform of the desired store, pick your item, make your order and wait the delivery. In major cases, items and merchandizes are displayed along with their prices. In case of Auction, this commercial process is represented online by Bidding. Online auction is spreading everyday and it tends to become more preferred, especially when it comes to rare or used items. Like auction process in the real world, bidding is about proposing a price for the item and wait for certain period before it is yours, unless someone else makes a better offer.
The online process needs a high level of safety and interactivity. Among the multiple reputed online auction operators, Madbid has improved its ranks since its foundation in 2008. The website is covering several European countries and is spreading very fast to conquer more European markets. With its online platform at the official website, the website is offering the possibility of bidding on merchandizes and items in order to buy them. The process offers much fun as items. There are many opportunities that a customer can profit of whether he is a buyer or a seller. You may need to search the web for Madbid reviews before you decide about joining the platform. In order to help you find out about the platform, its features and its principles, this madbid review is the summary of the most relevant reviews treating reality about the platform, what is madbid? is madbid safe? How does madbid work?
Review
What is Madbid?
Madbid as its name suggests, is a place where you can make bids on items in order to purchase them. This action is commonly known by Auction. Based in Surrey, UK, the company is totally transparent regarding its coordinates and all information related to its settlement, term of use and contact information. Madbid review shows that the company has a well designed website. When you enter the website, you find a form where members can type in their log in and passwords to log into their accounts and a subscription form for new users who want to join in. The platform displays recent hot deals that you may enter and bid on. There are many products that you can purchase. You need first create an account then log into it to have access to the features offered by the company and to be able of surfing the various opportunities. Creating an account is free and browsing the different categories and items is available with no obligation. Along with promotional videos and attractive banners, the website displays some real time auction that are currently running. The process is also transparent and you can make your bid at any moment before the operation is timed out and the item is awarded to the best offer.
To start bidding on mad bid, you must have an account; registration is free. Then you can have access to the various deals and opportunities. To make bids, you must buy credits. Once you have loaded your account you can start making bids on items you pick. Certainly, there are some tips and tricks to know about this trading type. Madbid reviews reveal that the company helps its members winning deals and being awarded valuable stuffs.
Madbid UK:
Madbid review shows that the company operates in 10 European countries: France, Ireland, Netherlands, Germany, United Kingdom, Austria, Poland, Turkey, Italy and Spain; and it is available in Australia, Canada and the United States of America. It intends to spread and reach other countries worldwide in order to expand the marketplace of Penny Auction. When you log in the madbid UK website, you will be prompt to choose the country you are connecting from. Madbid UK website is only allowed for United Kingdom citizens. Every country listed in the prompt window has its dedicated website; registering and using the website is only permitted to the citizens of that particular country through their dedicated platform. It is a straight policy for using the website and its features; it allows the appropriate management of currencies, shipping and any eventual conflict regarding refunds or returning items. Madbid reviews show that the company has particular policy regarding returning products. While it is always possible to return a product after it reaches destination, there are some rules to follow to ensure the good processing: the customer must get in touch with the mad bid team of its country within five days of receiving the product; they will indicate the proper address to return the item. It is strongly recommended that you do not restore the item to the sender address mentioned on the package to avoid any loss or wrong shipping.
Regarding shipping policy, madbid UK mention that they involve many shipping operators; they ask the customers to allow three days after full payment of the purchased product before the package is sent to them. Usually, it would take up to 10 days to reach destination.
Madbid Review:
Madbid review indicates that the company has straight privacy policy regarding members data that the company collects through subscription forms. The data are stored in the data base and they are regularly monitored by the most up to date security applications and system. Since there is a cash flow, the company operates with the most secure applications to handle transactions. But the customers keep asking is madbid safe?
Madbid reviews state that people who win their bids are able to save up to 81 % on the item they purchase, which means a great discount, that leads to ask the question about how the company profits from its activity? How does madbid work to stand the considerable discounts it offers on brands products? Certainly, the company has a particular strategy to retrieve real incomes from the discounts it offers to customers. Briefly, madbid strategy running the auction website is based on purchased credits by the customers; because every item is bought by only one customer while there are hundreds of bids are made on, equally as much credits are bought. A winner on mad bid is the customer who is awarded an item; as in the real world auction, being awarded is to proceed by certain strategy.
To enter the auction and start bidding on items, you must first have an account. Registering for an account is very easy and take few seconds to complete. The subscription form has three fields: Username field which would contain the name that will be displayed for other users; email field would receive a valid email address and the mobile phone number. Madbid review indicates that the mobile number is used to send you your password to log in your account. Also, you will receive notifications about your credit status and whenever you win an auction. It is easy to disable the notification feature by logging into your account and editing the setting.
Madbid reviews state that the company has an excellent support team which is prompt to assist customers in every step of their subscription, bidding, payment and in everything related to the system. Mad bid blog is another way to get the most profiting strategies to apply in order to guarantee the winning of auction, madbid UK are available for everyone who is logged in as subscriber; there are also some testimonials of persons who enjoy bidding and winning products on the mad bid platforms; they share their experiences and tell others about what was their strategies and if the proposed proposed by the support team were of good help.
Madbid reviews show that there are many products available for bidding. They are classified in several categories but you can find everything; from cars to electronic devices, to robots, mobile phones, laptops and so many others types and products. The company ensures that all the displayed items are premium brands and they are available on madbid at incredible discounts.
The company operates an efficient marketing strategy; it uses social media for promoting its presence on the web. It already has it occurrence on Facebook, Twitter, Google+ and on YouTube channels. The blog that the company runs is an effective tool to spread words about the hot deals, publishing guidelines and testimonials. It offers also the possibility of commenting ones experience on the website. Madbid UK profits from its social media and blog presence to publish social and humanitarian activities it takes to consolidate its bounds with the communities; it helps the company to be recognized as helpful and not exclusively lucrative. The charity activities are of good importance because they may encourage people to take actions through their subscriptions on the platform. This also allows the company to listen to its customers and be aware of what they like and what they don’t like ; in this way, the company tends to avoid any unwanted conflict to occur by collecting the complaint on its blog (features also available on the social media) and then turn them into future updates to try to make the maximum satisfied clientele. But as first perspective, using the Social Media tool is the most effective marketing strategy because you spend less to reach more.
Is Madbid Real?
This question has its origin in the fact that the company offers incredible discounts on very valuable items which are premium brands and onerous goods. The recommended retail price of each item, outside the madbid platform exceed s the auction value and the final price –the best offer or the winning bid- cannot equalize the recommended retail price. So, is madbid real? Is there a website that sells items with discounts that save more than the half of the real price?
The answer is yes! Mad bid is real. Of course, the website is not losing money at all levels and it has to be some particular way that allows the company to generate the desired income, otherwise the company would have gone and vanished for long time.
Is Madbid Safe?
Madbid reviews show that the website –the company- is featured in famous newspapers and media within the UK and worldwide which is enough as proof of the legitimacy of the online auction. Three of the most reputed newspapers in UK has reported that the company is the most profiting discount over all; the auction system that the company operates is claimed to be the safest and the most reliable among all the penny auction websites and platforms despite its young age. It is said to run the system with the best profiting strategy to both the users and the platform holders. The most powerful proof of the company safety is that the website is certified safe by the Visa operator and Paypal and it is declared secure by Comodo monitoring services. Moreover, hearing that Skype firm has invested huge money on the platform.
The safety rules are confirmed by the refunding and the returning policies that the company applies on any conflict. Users always struggles to get their money back because they do not read carefully the Terms of use and the listed policies for each case; they tend to claim themselves ripped off or stolen because they did not won any auction. Reality is, anyone who does not understand how the company runs its business can be confused and may declare himself victim of a SCAM action. It is therefore important to explain the process of bidding on mad bid platforms, how does the system work and how to maximize your chances of winning auctions.
How Does Madbid Work?
Madbid review shows that only subscribers are allowed to place bids on items. In order to be eligible there are some conditions that the subscribers has to fulfill to get access to hot deals and enjoy bidding on products and benefit of the incredible discounts that the company offers on high quality and premium brands items. To create an account, you must fill in the subscription form available on the landing page of the website; you must first pick the platform dedicated to the country you are connecting from; this is a very important procedure that the company applies, because trading regulation may vary according the countries. You can also connect your FB account to the madbid account and you are done. Then you can have access to multiple deals that you may bid on.
Bidding is very simple: you should have certain number of credits which you have to buy to place bids, because bids are done by credits and not directly by placing money. The price of credits may vary according the item, and every deal has a determined number of credits to accomplish one bid. In other words, the number of credit as and their value vary according to the auction you intend to enter.
Madbid reviews agree when you bid on a particular item, the amount of bids in term of credits (or in term of money) is considered as spent. If you win the auction, you are profiting from the investment, otherwise you would have spent the money for nothing. It is like the all or nothing rule: when you bid on a particular item and that you run out of credits without winning the auction, you have spent the credit with no profits. The madbid team has thought about that situation which can be a handicap for many customers and may discourage them to re-enter the auction’s website. They have introduced the Earned discounts feature. However, it is important to know some tricks and to understand the way it can be won. The support team, the FAQ section and the videos embedded in the website can provide you with some to be winner. How does madbid work?
Madbid reviews show that the system offers different ways to purchase items.
-Win Auction: to purchase an item, user can enter the auction about this particular product then start bidding using the purchased credits. Bidding on items is easy; any auction has a limited time before it closes. It starts with a price, then users can place their bids and make the best price offers. There is a timer that runs out and can reach 00:00 when there are no bids before it hits that value. If someones places new bids on the auction, the timer is reset and restart counting down. This process can be summarized as follow: 1) subscribe for an account, 2) buy credits, 3) place bids, 4) win auction if no one beats your best offer. If you do not win the auction but you still want to purchase the item there is another way to proceed. The website already offers a video tutorial and a demo auction to familiarize you with the auction system.
– Buy now: The buy now option is an alternative trading method offered by mad bid. This particular option allows you to purchase the item you did not win in auction, not by placing bids but by using your earned discounts. Earned discounts are the monetary value of credits. The option assumes that you have entered some auctions but you did not win any. You can invert the credits into money and buy the item at a discount. This option can be done before the auction, during or after the auction. There is no time limit and the offer does not expire as long the item is available. You can use this option by activating the BuyNow functionality or by entering the Earned Discount page. This option is recently launched and it tends to thank the efforts that a user can deploy and monetize the investment he makes trying to win an auction. This option is to say that your money and efforts are valuable to the company and it is its way to welcome you.
Madbid Strategy:
Madbid reviews state that the company sells goods at very important discounts; users can save up to 80% from the real claimed price of the item. At first sight the company is losing a lot of money. But the reality is that the company is able to stand and it still can make a huge income. What is madbid strategy to ensure the compensation of the discounts awarded to users? Madbid strategy is based on the bids that you place on auctions. These bids are credits that you buy; all users place bids after they buy credits, but at the end only one ends by winning the auction. The amount of bids, in terms of credits, has a monetary value that so far exceeds the retail price of the item. Imagine that for one auction there are multiple bids from several users; each one will definitely need to buy credits to enter and try to win. The percentage of auctions that the company is apparently losing is estimated to 70% of the auctions available on the website. Mad bid reveals that the remaining 30% are able to compensate the loss and generate a continuous income. Therefore, madbid may lose money -up to 80% of the retail price of the item- but the credits users buy to bid on auction are enough to compensate the loss and cover the expenses.
How To Win on Madbid?
The strategy that mad bid operates is clever and it allows the company to ensure a cash flow that increases the revenue each year. When you are a member of the mad bid community, you are eligible to numerous discounts and you can acquire items that you were only dreaming about because you are not able to afford them; their prices are greater than your budget. But it is important that you know that you are not the only person who will be bidding on this or that particular auction.
Winning an auction means that the timer of the particular auction you are bidding on reaches zero and the auction closes at the bid you just made; there are no more bids that beat yours and you are the last person to place his bid. Then you will be declMared winner of the auction you are awarded the product. Mad bid review shows that the company is transparent regarding the bidding operations. You can visualize the auction in real time with the timer on, the bid value and the last placed bid along with the username that have placed it. There is a button corresponding to the BuyNow functionality that would save you nerves if you are not willing to compete for the item –the Buy Now functionality allows you to buy the item using your earned discounts. It is possible that you enter more than one auction at the time and you can place bids whenever you decide before the auction closes.
To win the discount you should proceed by certain strategy to ensure maximum chance of being awarded the particular product you are bidding on. That means that it is not enough to buy sufficient credits –invest a lot of money on the auction- hen start bidding and trying to conquer the competitors. You need some tips to learn and apply properly to maximize your chances.
Madbid Tips to win auctions:
To win auctions on madbid, it is helpful to review the comments left by multi winners who have won more than once . Madbid reviews show that the winners have particular procedures that everyone cherish and claim to be the best methods. These tips ranks from the simplest (no calculation involved) to the most complicated (calculation involved).
Tip 1 : Ensure that you have lots of credits at your disposal before you start bidding. Then pick the auction you prefer and start spending credits by placing bids. This option is the simplest because it is based on no calculation at all ; the trick is to buy as many credit as possible then start bidding.
Tip 2 : Observe the RRP (Recommended Retail Price) ; place a bid that is near that RRP and wait for it. At the worst case you will have to pay the RRP. It is important to signal that you will prohibited to bid more for your security (it is an automated process).
Tip 3 : Observe the auction you intend to enter, determine how many bidders are there ; enter when there are few persons who are engaged in this auction, otherwise choose another item or come back later.
Tip 4 : Calculate how many credits you should buy up on the RRP and the number of bids you are allowed to place on the particular auction. Then go for it. It is essential that you observe the behavior of the other bidders and determine who is bidding manually and who is bidding automatically (robot) ; then place your bids when you guess that the competitors have placed bids that are perhaps equal half of the RRP.
Tip 5 : Avoid auto bidder ; these are like robots which are bidding on auctions. They keep bidding even if they are alone on the auction.
Tip 6 : Bid just the second before the auction closes ; that may discourage the rivals and prevent them bidding. The timer reset to much closer time when it approaches zero (it adds 4 or 5 seconds to the delay) and it is not enough to place another bid unless you are intentionally delaying your action and that you are prompt to place your bid.
Tip 7 : Research and analyze bidding data : these data includes the most bidding persons, the amount they spend, their won auctions, their preferred auctions, best days and time to enter such or such auctions. These data are useful because they help you increase your chance of bidding quietly and easily with less competition on particular items by choosing the ideal moments to enter.
Definitely, these are not all the madbid tips that you can help yourself with ; when you log in the website and start your own experience, it is possible that you discover other tips which you can make your own.
Madbid Pros
Madbid.com is an auction platform where you can win incredible discounts on items. All the items listed are premium brands and they are all featured. Users can save up to 80 % off the Recommended Retailed Price. The company operates in real time and everyone can bid on the auction he suits. Customers can bid on auctions using credits they buy. The products list includes any merchandize you can find online from cars to laptops and mobile phones. The company is a real organism that operates with commitment to ensure the security of all transactions and protects the protection of the users data collected through the subscription or payment forms. Only username are displayed publicly. The company is featured on famous newspapers and it gain more and more customers. The company has launched a new feature that enables everyone to be a winner and purchase the item he wants by introducing the BuyNow functionality. Is madbid real ? Is madbid safe ? The answer of the two questions is yes.
Madbid Cons :
Some complaints have been reported regarding the refunding and the returning policies. The company has tendencies to be reckless regarding refund request and is only rushed when the customers involve their credit card providers. The presence of auto bidders may cause the company to appear as tricky.
Conclusion :
Mad bid is conquering the marketplace of online auction. Originally launched in the United Kingdom, madbid.com is spreading worldwide and expanding its coverage to to United States, Canada and Australia. It tends to conquer more countries and more markets. It applies a particular strategy that allows customers to save up to 80 % on the RRP of the items and still makes enough money to subsist. It listens to its customers and introduces new features in response to many complaints to satisfy customers. With the numerous tips that you can collect over the web, which are cited by people who have won auctions bidding on the madbid platform, the experience is worthy and you can always win something.
