How Can BigDeal.Com Offer Such Great Deals?

The average auction winner on BigDeal.com saved approximately 69% in February 2010 on brand new, hot items like the Kindle, iPods, SLR cameras, HDTVs…

We would like to explain how we can afford to offer such incredible deals yet still be in business.

In a typical BigDeal.com auction:

  • We lose money to the auction winner.
  • However, we make money from users who buy the item using our BUY IT NOW.  Just like traditional ecommerce sites, we make money on the difference between our retail and wholesale prices.
  • We also make money from users who don’t win the auction and don’t buy the item.  In this case, we make $0.75 per bid used by that user.

We hope that this helps clarify how BigDeal.com’s business works.

Signature

Nick, George, and Brandon
Co-Founders

Advertisement