Bid or Buy is an online auction and marketplace based in South Africa, where people can buy and sell goods and services. The website has gained popularity among internet users in South Africa and some neighbouring countries.
Registration Process
Before buyers or sellers can start using the platform, they need to register, which is a simple process that requires personal information such as name, address, and email address. After registration, the user can start trading on the platform.
Auction Process
The auction process on Bid or Buy is simple and straightforward. Sellers can create an auction or use the fixed price option to sell their products. Buyers can search for products they want to buy and place bids on auctions or purchase using the “Buy Now” option. The highest bidder at the end of the auction becomes the buyer of the product.
Auto-Bidding
Bid or Buy has an auto-bidding function that enables a buyer to enter the maximum amount they are willing to pay for an item. The system will then place bids on the buyer's behalf, incrementally increasing the bid until it reaches the maximum amount. Auto-bidding is helpful when someone is not available to place manual bids on an auction.
Selling on Bid or Buy
Selling on Bid or Buy is easy, and the platform charges a small commission fee based on the selling price of the item. When creating an auction, sellers specify the terms and conditions of the auction, including the starting bid, reserve price, auction period, postage options and payment methods.
Buyer Ratings
After the transaction is complete, the buyer has the option to rate the seller based on how the transaction went. The seller’s overall rating is displayed on their profile page, and this helps in building trust between buyers and sellers. High ratings from buyers give buyers confidence in purchasing from the seller.
Conclusion
Bid or Buy offers a secure and reliable platform for buying and selling products online. It is easy to use and offers a wide range of products from various categories.
If you're looking for a place to sell your products or buy new and used items online, Bid or Buy is the perfect place to get started today!
