"Highest Unique Bid" concept comes to South Africa
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I quite like clever little ideas like this. I remember these websites becoming popular when I did my time in the UK and I always wondered when they would arrive in South Africa. Well, it seems I will wonder no more! www.nearlyfree.co.za has been launched in South Africa and they currently have an Ipod Nano on offer for R100. But it's not THAT easy - listen up.

www.nearlyfree.co.za

I will explain how it works. For the Nano, There is a maximum bid of R100 and an admin fee of R35. The 'required bids' is 110. These figures will change with every item on the website.

What this means is that no more than 110 bids can be made. Each bid will cost R35 to make and no bid can be higher than R100. The winner of the iPod Nano will be the highest unique bid. Understanding the concept becomes quite simple if you understand exactly what the word 'unique' means. It is the 'only one' or the highest 'stand alone' bid. That means if you bid R100 (full Rands only, no cents) and someone else also bids R100, then neither of you win - because the bid is not unique. R100 is therefore NOT the highest UNIQUE bid. So if you also make a bid of R99 and you are the only person to choose R99, then you will have the highest UNIQUE bid. Congratulations, the iPod Nano is yours for R99!

R100 iPod Nano!

So there you have it!! The website www.nearlyfree.co.za launched a couple months ago and has already featured auctions including a Blackberry (R150) and a Samsung double door fridge (R700).

I went on last night and made five bids for the Nano. This particular bid (for the iPod Nano) ends on March 27 - SO GET IN THERE!! I won't tell you all my numbers, but one of them was R87.

We got hold of the owners of the website and apparently the future will bring items to the site including plasmas, scooters and, in time, cars and houses. It's too brilliant for words.

Good luck with the Nano!

Seth Rotherham
Editor
2oceansvibe.com
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