Bidz.com Website for live online jewelry auction.
Bidz.com
Tired of conventional online biddings, which take over three days to complete? Well Bidz.com, with its “Live” interactive Auction, has the answer. At Bidz.com, bidding is fast-paced, exciting, and fun. Unlike conventional bidding sites, Bidz.com auctions do not last for days. Every Bidz.com auction has preset end times creating exhilarating, action packed excitement. Bidders place bids in “whole dollar amounts” and can continue bidding until no further action has taken place in the last 15 seconds of an auction. When the clock hits “0,” the final, highest bidder wins and is immediately notified.
Free member registration provides access to Exquisite Jewelry, Fine Art, Gifts, Accessories, and Wholesale products providing thousands of opportunities to outbid others.
Additional services such as Gift boxes, Ring Sizing, Gem and Jewelry Reports, Warranty Service Plans and International Shipping, including APO/FPO locations; keeps Bidz.com a consistent Top 500 E-Retailer. Bidz.com is also named in the following list by BusinessWeek: Hot Growth 50: Best Small companies for 2008.
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Brands include:
Business Strategy
How does Bidz.com make money by selling products at well below their market rates? Well Bidz.com has a very shrewd buying strategy: they buy from manufacturers and jewelry makers who are looking to close out excess inventory. So Bidz.com manages to bring "together the fragmented supply and demand of excess jewelry products in a single online location." Due to low purchase costs, Bidz.com is able to give its customers control over the price of products. The minimum opening bid is only $1.
Bidz.com also sells to resellers, who then resell their goods in secondary markets such as eBay and other local auctions. So these auctioneers are able to purchase their products at lower prices.
Bidz.com has also launched Buyz.com, an online jewelry superstore for customers who do not like to wait for auctions to end. At Buyz.com customers can purchase jewelry at fixed prices.
Mission
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Bidz.com is one of the largest and fastest growing jewelry companies on the Internet. Bidz aims to provide consumers around the world with high-quality jewelry at affordable prices through both auctions and an online retail store, while rewarding investors with continued growth and profitability. Bidz is able to accomplish these goals through the smart purchasing of quality merchandise from manufacturers and retailers, and by giving customers great value.
History
Bidz.com was founded in November 1998 by David Zinberg, CEO, and the website was launched in February 1999. The live auction website was designed to provide consumers with a safe place to purchase discount jewelry online and offer manufacturers and retailers a one-stop shop to sell their excess merchandise.
Bidz in the News
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Testimonials
"I received my engagement ring several days ago. I had it appraised, and it was all I hoped for and then some! I paid $326 for a $4500 ring, and it is beautiful. I would never have been able to afford something like this without Bidz. Thank you so much!"
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"I have been having great fun and getting great deals on your site. The fast paced nature of the auctions is quite addicting! Not only have I shared your site with numerous friends, even my mailman is hooked. Thanks to Bidz the beautiful engagement ring on my left hand is not only one that I love, but it's a far more valuable ring than what the man of my dreams could have afforded from a conventional jewelry store."
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Influence Us
Debbie E Comments on Bidz.com
- Debbie E (frustrated) : I ordered 3 rings based on description and pictures once received I felt Bidz had misrepresented the quality of the rings. Returned them and Bidz kept 15% restocking fee. Who is right the consumers opinion that they don't agree with description/quality or Bidz customer service. "Bidz should just state that anyone that buys from this site WILL be charged the 15% restocking fee no matter what." I would not have wasted $111.14 of my money to give to Bidz to find out if the items I wanted were worth the bid price. I as a consumer was not looking to rip off Bidz but I feel that is what Bidz did to me by keeping my money and giving me a horrible buying experience. Thu Jan 22 16:11:27 UTC 2009
Additional Information
- Payment options include all major credit cards. For further Information click here.
- For FAQs click here
- Bidz.com has announced the launch of its online retail sister store, Buyz.com, which features high quality gold, silver and brand name jewelry and watches at fixed prices.
Management
- Mr. David Zinberg,
- Founder, Chief Executive Officer (CEO).
- Mr. Lawrence Y. Kong,
- Chief Financial Officer, Principal Accounting Officer, Sec., Treasurer
- Ms. Claudia Y. Liu,
- Chief Operating Officer
- Mr. Leon Kuperman,
- President and Chief Technology Officer (CTO)
Languages
English, Spanish, Arabic, German.
Contact
Bidz.com, Inc.
- 3562 Eastham Drive
- Culver City, CA 90232
- Toll-Free: 1-800-444-8124
- International: +1-310-280-7373
Media Inquiries:
Einaras Graurogkas, Bidz.com, 310-280-7324
Related Domains
External Links
- Alexa: Bidz.com
- WHOIS for Bidz.com
- : [}}} LinkedIn]