I was talking to a friend a few days back and he was lamenting how expensive phones and laptops have become. He’s a gadget lover like me you see but he just can’t keep up anymore. I believe its the same for you; that Samsung Galaxy S9 , iPhone X Plus or just about any device you would really like to buy but can’t because of the price tag and well..your shallow pocket.
What if I told you its possible to buy brand new, original gadgets worth hundreds to thousands of US Dollars ($) for less than $2; tested and confirmed by yours truly. Its not limited to gadgets (e.g iPhone, Samsung Galaxy, Google Pixel, Macbook, Xbox, Play Station, Headphones, Laptops..), you can also buy original Designer Shoes (e.g Christian Louboutin, Gucci, Gianvito Rossi, Adidas, Yeezy, Renee Caovilla, Givenchy, Chanel, UGG..), Designer Bags (e.g Chanel, Louis Vuitton, Lady Dior, Michael Kors, Gucci, Prada, Hugo Boss, Emporio Armani ..), Watches (e.g Apple, Fitbit) etc for a token. Amazing isn’t it?
How it works
The website has been around for quite a while. The awesome thing about the platform is that its designed to help you buy expensive items at really low prices.
Lowest Unique Bid (LUB)
This is my favorite. Lowest Unique Bid (as the name implies) means the lowest bid which is unique wins. Lets say a Macbook valued at $1050 is listed. To bid for this item, you buy credits (they support Paypal, Debit cards and Bank deposit) then bid an amount you would like to pay for the item.
Naturally, you would bid something slightly lower than 1050 like 900 right? You might even bid higher hoping to outbid everybody else like in a typical auction. Well, on LUB, the lower you bid, the greater your chances of winning the item. How come?
Recall my definition; ‘the lowest bid which is unique wins’. Let me use an example of 4 bids on this same item by Seun, Taylor, Max and Alex
According to the above bids, Taylor would have the Lowest Unique Bid at 1.73. While 1.03 is the lowest of the four bids, its not unique because both Seun and Max bid that amount so its no longer unique. If either Seun or Max had bid something higher than 1.03 then 1.03 would have been the winning bid because it would be the lowest bid which is unique. As you can see from Alex’s high bid (compared to others), the lower your bid, the greater your chances of being the LUB and then winning the item.
As members bid and outbid each other over the item, a countdown appears before the auction closes. If the winning bid at the end of this LUB auction was Taylor’s 1.73 then Taylor pays just $1.73 for a Macbook valued at $1050 and they deliver Worldwide. Awesome isn’t it!
Reveal The Price (RTP)
Reveal The Price works differently from LUB. Lets say a Play Station 4 valued at $349 is listed on RTP. You buy credits then click the reveal button. Clicking the button reveals a price, if you’re OK with the price then you can go ahead to pay for the item. Now for the fun part of RTP.
Each time someone clicks the reveal price button, the listed price drops. The price keeps dropping till someone buys it. This means you can get a really good discount on the item if you buy at the right time.
What’s the name of this website and how do I start bidding?
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