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Ziinga online auction
In most developed countries, people spend a substantial portion of their leisure time online. People are becoming more comfortable with the concept of online shopping. The convenience of having items sent to one’s home is lucrative. While some may be apprehensive to buy unknown products online, many are comfortable buying products made by well known manufacturers. It is human nature to hunt for a bargain and Ziinga gives people a chance to find these bargains online. Ziinga offers users the opportunity to partake in auctions for popular products, from the comfort of their own homes. Users bid for products via the internet. Products are generally sold for exceptionally low prices, usually about 90-95% of the retail price. Auctions start at a price of 0p, and are increased by a penny each time a new bid is placed. The time remaining on the auction is extended by a small increment with each bid, thereby allowing the auction to continue as long as there are users willing to bid. The cost of a bid ranges from 47 pence to 84 pence, depending on the number of bids the user has chosen to purchase at one go. The last player to place a bid, when the timer has run out, wins the right to purchase the product for the price they have bid.
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