Role of Local Sellers in Online Auctioning

SuperBidRivals is a new merchant program that turns BidRivals buyers into local sellers. The Malta based penny auction site has announced this new development in an effort to make the bidding process more exciting. Local sellers just need to pay the listed purchase price of the item in question and then it will be listed for auctioning.

Penny auction sites are no longer a mystery. Online bidders are familiar with the process of purchasing items from these sites. The financial profitability is well known. What is rarely mentioned is the role that local sellers have in the future of such auctions.

BidRivals is by far one of the largest penny auction sites on the internet today. It even has websites dedicated to specific geographical regions e.g. Ireland, Australia, New Zealand etc. They host bidding in 27 countries and in 14 languages. They are offering local sellers the opportunity to become partners and make 50 percent of the total revenue share. With over 1000 auctions closed per day and a daily increase of approximately 100 new bidders, this opportunity has a lot of money making potential.

All you have to do is purchase a product through their merchant program, SuperBidRivals. This product will then be hosted for sale on any of their online auction sites at a time of your choice. For the retail price of the item, you then get access to their large customer base and you get to profit from your partnership with them.

Once the auction is closed, they do the rest and you as the seller do nothing but wait for your 50 percent share in the revenue that the bid has generated. BidRivals will deliver the item to the winning bidder. The other 50 percent remains with the auction host. All you need to do is go to their website and create an account. Once you have an account you can then easily integrate with their SuperBidRivals program.

Local sellers will have a great impact in the future of penny auction sites given the opportunity to buy items and put them up for auction, thereby creating their own auctions and generating huge profits.