- August 9, 2008
- Juha Koski
- Surrey, Surrey
- E-Commerce, Online Auctions
MadBid.com is an online retail auction platform; combining elements of ecommerce with gaming skills and bargain auctions.
MadBid.com is a gamified e-commerce website.
MadBid.com has over 750,000 auction winners internationally and over 3 million registered users. MadBid.com operates across Europe in Germany, Italy, Ireland, Spain, France, Turkey, Austria, The Netherlands as well as the UK where the company is based.
How it works - Based on the penny auction concept MadBid.com brings gamification to shopping. There are 4 ways to shop on MadBid:
1. Bid in Auctions: Customers need to purchase credits in order to participate in the auctions. Auction winners walk away with significant discounts on branded products like Apple, Samsung and even cars. All MadBid auctions have timers that count down, an auction winner is determined when the timer runs out and no-one else places a Bid. When someone places a Bid the timer re-starts and counts down again, at which point the auction price goes up by 1p only, thus keeping the final closing... See More
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