Bidz.com is an example of a true auction site where bidding is done over the specific items offered in increments of $1 up to $100 or in increments at 5% of the total bid after the $100 mark. Whoever ends with the highest bid wins the item for that bid amount. Unlike many other online auction sites, Bidz.com is not a penny auction site in the traditional sense and they are a specialty niche site which only deal in fine jewelry.
Bidz.com Reviews Continued
What Sets Bidz.com Apart?
One of the obvious points that any Bidz.com review has to make is that this is a jewelry auction website. No gift cards, no electronics, nothing that doesn't involve precious silver, gold, diamonds, or similar stones and precious metals. Because of this, if you're looking for a good deal on jewelry then there's no question that Bidz.com is the best auction site out there. This is especially true since the website gives a guarantee of the quality of the jewelry being authentic, something you'll never get from eBay or Craigslist.
The bidding system is also different, with bids starting at $1 and moving up. The person who puts in the highest bid wins, making this site much more like a traditional auction than many of the penny auction sites out there.
Is Bidz.com a Scam?
As with any auction site there are a lot of online positives and negatives when it comes to reviews of Bidz.com. Some of these it becomes obvious that individuals didn't do their homework or expected more than any company has reason to give, others might be legitimate. Since you're dealing with jewelry auctions it's critical to understand what items you are purchasing and to do the homework ahead of time to make sure you know what you're buying and that the price is good. Many times calling Bidz.com a scam is done by individuals who didn't do any homework and were ticked off when things didn't work out the way they wanted. Avoid those who instantly say "Bidz.com scam!" without giving any real evidence other than they didn't win any auctions.
Reviewing Bidz.com: Who Is This Site Best for?
The answer here should be fairly obvious. Unlike many auction sites which have a wide variety of items, there is only jewelry here. Because of that, this auction site is only going to be useful for people looking for deals on jewelry or perhaps sellers who know how to research jewelry, buy the best deals, then flip them quickly for a good profit. Otherwise if you're looking for good deals on more general things, many penny auction sites will offer better deals.