How It Works

How it Works

How does Bestpricebid work

 

Step1

  • On filling the joining form you get a unique user id & password.
  • Using this unique user id & password you enter the site.
  • On entering the site you shall get 3 options :
  Account statement

: By clicking on this you can see your complete ledger.

  Repurchase : Clicking on this you can purchase bids.
  Bidding

: Clicking this will take you the wonderful world of bidding.

 

Step 2

 

  • You select a product from a host of products available for pick at that moment & start bidding by entering your Bid.
  • Bid for each product will close between 0 to 10% of MRP
  • Each product will have a prefixed bid ticker, but generally it will be as per slab given below:
      Product     Bid Ticker Bids Consumed
           
      With MRP up to Rs.50000   10 p 01
      With MRP between

    Rs.50000 to Rs.1.00 Lac

    20 p 02
      With MRP between Rs.1.00 Lacs to Rs.10.00 Lacs. 50 p 05
      With MRP above Rs.10.00 Lacs   Rs.1.00 10
   
 

Step 4

  • Who so ever hits the bidding limit first, which will be prefixed by BPS and will be anywhere between 0 to 10% of the product’s MRP, will be the lucky winner of that bid.

 

 
 
Start bidding & keep winning!