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Auction Jewelry Site Bidz.com Lists Diamond Engagement Ring Starting Bid At A Dollar

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CULVER CITY, Calif. (EWORLDWIRE) Nov 24, 2006

Bidz.com is an online, highly interactive auction Web site offering incredible values on designer jewelry, collectibles, fine art and much more. The largest online auction house of its kind, Bidz.com contains many elements that set itself apart from the growing number of competitive, similar sites. Requiring only a $1.00 minimum opening bid on any item, Bidz.com allows auction fans from all walks of life to participate. Once $1.00 or more has opened an item for bidding, any bidder worldwide can watch the minutes and seconds tick down - in real-time- and bid accordingly as the bid changes, or choose, at any time, to let the item go. The highly interactive bidding format is the next best thing to experiencing a live auction, and this entertainment element alone will have bidders returning to this site. Auctions continue until all bids are received. Once an item is sold, it remains on the screen with both actual retail value and winning bid displayed. It is not unusual to see a ring worth well over $500.00 sold to a winning bidder for a little as $25.00.

Bidz.com also exists as an alternative liquidation channel for manufacturers. As explained in the site's Shareholders Section, "Bidz brings together the fragmented supply and demand of excess jewelry products in a single online location." The low purchase price Bidz pays for products allows for the requirement of only $1.00 as a minimum opening bid. This small bid requirement, in turn, allows customers complete control over the price they pay for the products. In addition, with all products housed onsite in Bidz inventory, customers can rely on timely delivery of their purchases."

Bidz.com is a regular source of product for resellers who intend to resell their goods in other markets such as similar online or local auctions as well as through various retail channels. These resellers are guaranteed to purchase their products through Bidz.com at much lower prices than they would through large distributors or manufacturing warehouses. In addition, as a bonus for resellers, they now can purchase all of their products from one source which, again, promises timely delivery. Bidz.com is a win-win situation for all involved. The Web site offers live auctions 24 hours per day, 7 days per week. Bidz.com is affordable, entertaining and for everyone.

For more information about Bidz.com, e-mail customerservice@bidz.com, call 1-800-280-7375 or visit Live Chat 24/7 at www.bidz.com.
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