Founded in the UK in 2008, MadBid.com is the leading Pan European pay-to-bid Interactive Social Auction platform, operating in 7 European countries including Italy, Germany, Spain, Sweden, Finland and Ireland as well as the UK and is continuing to successfully expand into other territories, including South America as a white label offering as MrBidoo in April 2011.
With over 1,600,000 active users, nearly 1,000,000 unique visitors per month and already over 171,000 completed auctions users can be in with a chance to save up to 80% on average RRP.
Users have a choice in a variety of products from great travel-related technology products like the Kindle 3G for £0.31, an Apple iPad for £2.52 or even a Panasonic Lumix 14.1 MP Camera for just £12.05 to the more quirky items like the Led Ice buckets.
With a variety of innovative options users can collect loyalty points, use sneak-a – peak option and cover their tracks with the option of stealth mode.
This hasn’t gone unnoticed because the wide coverage from national to regional press reviewing the site confirms that yes you can win cheap bargains! Madbid have proven this by creating a Rookie auction for the curious but reluctant to spend too much. The Rookie auction contains products from Merkcats in bathrobes to professional haircuts and the best thing is you get all your credits back if you don’t win.
We encourage users to raise their issues on a variety of social platforms like Facebook which has nearly 28,000 fans and our Forums which help improve the whole community and enforce the security points that need to be addressed before joining a penny auction site for new users:
Sometimes it is impossible to win on a penny auction site… why… because it is not real. Make sure you check the 3 main security points before signing up.
Make sure the site is registered in the UK and that they clearly display contact details such as a telephone number, e-mail address and postal address.
Make sure the site is secure and that they use secure payment methods. Look for the logos of Verified by Visa, MasterCard SecureCode and McAfee Secure.
Get a bit of feedback – Look for Facebook pages, YouTube pages and forums for the site and try to get a bit of feedback from other users.
Madbid.com is proud to promote the risks of penny auction sites and have won awards like Tech Media Invest Top 100 Company in association with The Guardian and has been a finalist at the e-commerce awards 2011 in association with The Sunday Times.
