Today, HappyBidDay announced that it is setting the opening cost of these free-to-participate Happy Auctions at just $1.00. Bids increase the price by $0.37 each, and like all auction formats, the last bidder when the clock runs out wins the item and gets to purchase it for the final auction price.
The change comes as a direct result of customer feedback, and CEO Lisa Dee hopes it will be a lasting trend.
"Our Happy Auctions will of course remain a fixture at HappyBidDay, but we’re really hoping the new model will be too. The way we see it, this change gives our bidders a chance to truly capitalize on the savings potential and experience wins from the beginning. At the end of the day that’s what HappyBidDay’
The company’s Happy Auction start price change goes into effect this month, with what is anticipated to be a warm reception by HappyBidDay users.
HappyBidDay is a bid auction site offering brand new, brand name electronics, gift cards, computers, game consoles, jewelry, home goods and more that regularly sell for 60%-90% below retail with no reserve.
For additional information visit http://www.happybidday.com and http://www.linkedin.com/