New Reverse Auctions Website - 1pbay.co.uk

Online, April 14, 2010 (Newswire.com) - Aberystwyth UK, April 12, 2010 - 1pBay offers some exiting auctions format on the internet. 1pBay provide you an excellent place to make the best possible deal. 1pBay sell various brand new premium products at incredibly low prices. It offers most secure and robust reverse auction platform to have expensive goods and items at much lower price. 1pBay is the best way to have reverse auction when many sellers are offering similar products and services.

Reverse auction is an effective tool in which buyer puts up a demand for a required item or service. Reverse auction at 1pBay makes sellers able to bid for the prices at which they are willing to sell their products. In the reverse auction, prospective sellers bid against each other with the lowest price. The given price of a product is actually driven down with each bid. At the end of the auction, the seller with the lowest amount or bid wins. Buyers have to follow sellers' specifications on a particular auction item or product they want to purchase. Reverse auction helps you to achieve great amount of savings & complete transparency.

Reverse Auction under £10

Reverse auction under £10 works same as the normal reverse auction, but the auction ends until the price drops below £10. At each time 'buy now' button clicks, the auction is reset to back to the bid price. As soon as the bid reaches below £10, the first person who click reveal price will be declared as the winner and buy auction item at that price.

To know more about 1pBay reverse auctions, please visit:
http://www.1pbay.co.uk