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Sold.sg - They're for REAL!

Wednesday, August 24, 2011

*Sponsored Post*

Hi Huneybees,

Last week I was invited by OMY.sg to a Sold.sg event, not to bid but to understand them more, so that I can introduce them to you guys. Let me kick it off by telling you a little about them...

Launched in July 2010, Sold.sg is an entertainment shopping website that allows users the chance to buy items at great discounts via a unique auction model. 1 year into launch it has surpasses all of it's competitors to emerge as the industry's market leader with more than 34,000 joining in the fun!

The sweet people of Sold.sg are constantly updating their lists of products, bringing in a list of brand new, good quality and high standard products, including PS3, iPad 2, iPhone, Wii, digital cameras, TV sets, airline tickets, branded items (yes, I saw Chanel wallet), spa vouchers and many many more at just a fraction of their original prices!

Check out the items that were listed out for us to take photos!
These were the items for bidding when I just logged in. Cool deals right? Can see most of them are at 99% off!
So how it works is that the bidding price starts from $0.00 and each time a user places a bid, the prices increases by 15 cents and with each bid, the timer increases by 20 seconds, so don't think you can go in at the last second to bid and you will win the item ok? Bids are made with tokens and each token costs 75 cents. Below is a more detailed graphical instruction...


Ok, so here's the fun part! Sold.sg has a system called Auto Bidder where it places bids for the user when the price for an item is between the upper and lower limits the user has set earlier on, and it is activated even when the user is not online.

The Auto Bidder will only kick-in when the timer reads between 0-10 seconds, so to ensure as little tokens as used as possible. If the user is the highest bidder at the moment, the Auto Bidder will not kick in regardless of the settings, but it will start again once another user has outbid him/her. More information can be found here -- http://www.sold.sg/help/auto_bidder


Something different about Sold.sg is that they have different types of Auctions to cater to different users.



  • Beginner Auctions are limited to users who have never won an auction (including "Free" Token Pack Auctions); leveling the playing field for new users. Beginner auctions are marked with the L-plate.
  • Free Auctions allows our users to participate without using Tokens, no matter how many times the user bid. Note: Auto Bidder is not allowed for this bid.

  • Special Auction is that every bid increase by 1 cent, super saver bid!
  • Pretty obvious right? It means no use of Auto Bidder for this auction, users have to sit by their computers for this auction. 
So that very day, I got the chance to see the Sold.sg crew. Yes, they are all real people (just for those skeptical people out there), they are not bots. And if you still don't believe, you can always drop by their office and meet the crew. They are very open about that, but I think you should still give them a courtesy call before popping down. :)


In fact, they were very nice people answering our doubts and equipped us with the information we need for the post, showed us the items that were up for bids and they even gave us 50 tokens each to try the bids ourselves!



When I was at their office, I already logged into Sold.sg on my mobile and I already had my eye on the Lomography Spinner 360°. So excited that I was already watching it since I got home and I couldn't put my mobile down when I was having dinner with my parents (I'm sorry mum and dad for my bad table manners that day).

My heart keeps beating faster and faster when the timer was counting down to the last 10 seconds and that was when the competition comes in. Everyone had their auto bidders working and my heart was literally pounding as I watched for the winner of the camera. Ask my parent and hubby, they were getting all hyped up just sitting next to me.

But to my disappointment, at the last few minutes, I ran out of tokens! I had to give up on bidding as no one would sponser me their credit cards for me to buy more tokens. Sob Sob! I watched as my camera got bidded away... It was only less than $100 and I was actually scolding myself in the head for wasting so much tokens, not having any strategies and was so excited that I forgot to read the guides!!! (Please read them before you bid, so that you can prepare yourself to win that dream item of yours) http://feedback.sold.sg/knowledgebase/articles/20485-how-do-i-increase-my-chances-of-winning-

I'll be waiting for my chance to get the camera again and right now, I have to save some money to buy the tokens. Hehehehe.... I love the feeling and adrenaline rush especially when the item is down to the less few seconds. I must say everyone should try at least once to get their awesome deal on Sold.sg and I bet you guys will fall in love with it! Refer your friends to get some free tokens for yourself when you are there!



Muahz,
Christina aka Huney

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