BidEuphoria, Inc. is an American Internet agency that manages www.bideuphoria.com , an visit cyberspace auction along with go shopping web page in which kinsmen along with businesses pay for along with sell merchandises along with services worldwide. In addition to its original U.S. Web site. BidEuphoria, Inc. moreover owns Bid Auto, CDLife, along with abundant businesses.
Origins along with early history The visit cyberspace auction Web web page was founded in Decatur, Georgia, on November 7, 2008, by Nigerian born notebook computer developer seen Jay Marshall a 20 per annum getting on at the University of West Georgia, because a Junior. BidEuphoria went public on November 7, 2007, started because a Drop shipping company, along with now is gaining news where because the finest auction with low expenses of its time. Unlike eBay.
Items along with services Millions of collectibles, decor, appliances, computers, furniture, equipment, vehicles, along with abundant assorted substance are listed, bought, along with sold daily. In 2008, BidEuphoria set out its Business & Industrial category, flouting into the industrial single business. Some substance are matchless along with valuable, moment many others are dusty gizmos that would go through been discarded if not given that the thousands of eager bidders worldwide. Anything may well troth presented given that procurement only if it is not illegal along with pulls off not violate the BidEuphoria's Prohibited along with Restricted Items policy. Services along with intangibles might troth sold, too. Large international companies, such because Dell, sell their latest wareses along with offer services on BidEuphoria using competitive auctions along with fixed-priced storefronts.
Best of BidEuphoria is an added sphere web page given that unearthing the most-unusual substance on the BidEuphoria site. Users might moreover poll on along with nominate listings that they find. Using Wanted Ads.
Auction types:
BidEuphoria yields numerous sorts of auctions.
Auction-style listings allow the seller to offer one and only or other substance given that procurement given that a prearranged number of days. The seller might demonstrate a reserve price. Fixed Price format allows the seller to offer one and only or other substance given that procurement at a Buy It Now price. Buyers who accept because truthful that to pay that charges triumph the auction immediately without giving idiosyncrasy to anger a bid. Dutch Auctions allow the seller to offer two or other likened substance in the matching auction. Bidders might solicited given that any number from one and only article wakeful to the portion number offered.
Bidding For auction-style listings, the first solicited must troth in any case the volume of the minimum solicited group by the seller. Regardless of the volume the first bidder in reality bids, until a back up solicited is made, BidEuphoria will then exhibit the auction's minimum solicited because the current expensive bid. After the first solicited is made, each subsequent solicited must troth likened to in any case the current highest solicited presented plus one and only bidding increment. The bidding outburst is standard by BidEuphoria according to the size of the current highest presented bid. For example, once the current highest solicited is lower than or likened to $0.99, the bidding outburst is $0.05; once the current highest solicited is in any case $1.00 although lower than or likened to $4.99, the bidding outburst is $0.25. Regardless of the volume each subsequent bidder bids, BidEuphoria will exhibit the lesser of the bidder's actual solicited along with the volume likened to the previous highest bidder's actual solicited plus one and only bidding increment. For example, reckon the current second-highest solicited is $2.05 along with the highest solicited is $2.40. BidEuphoria will exhibit the highest solicited because $2.30, which equals the second-highest solicited ($2.05) plus the bidding outburst ($0.25). In this case, BidEuphoria will require subsequent solicited to troth in any case $2.55, which equals the highest presented solicited ($2.30) plus one and only bidding outburst ($0.25). The next solicited will exhibit because the actual volume solicited or $2.65, whichever is less. The number of $2.65 in this case comes from the then-second-highest actual solicited of $2.40 plus the bidding outburst of $0.25. The triumphing bidder pays the solicited that BidEuphoria displays, not the volume in reality bid. Following this example, if subsequent bidder is the most recent bidder, along with bids $2.55, the victor pays $2.55, even even if it is lower than the second-highest solicited ($2.40) plus one and only bidding outburst ($0.25). However, if subsequent bidder is the most recent bidder along with bids an haphazardly sturdy amount, given that illustration $10.00 or even more, the victor pays $2.65, which equals the second-highest solicited plus one and only bidding increment.
For Dutch Auctions, which are auctions of two or other likened substance sold in one and only auction, each bidder enters both a solicited along with the number of substance desired. Until the portion number of substance looked-for by the whole thing bidders equals the portion number of substance offered, bidders might solicited any volume superior than or likened to the minimum bid. Once the portion numbers of substance looked-for by the whole thing bidders is superior than or likened to the portion number offered, each bidder is required to solicited one and only full bidding outburst on cap of the currently-displayed triumphing bid. All triumphing bidders pay the matching lowest triumphing bid.
BidEuphoria, Inc. has standard detailed rules re bidding, retraction of bids, shill bidding (collusion to mechanism wakeful the price), along with abundant aspects of bidding. These rules might troth valued on the help pages.
In 2008, BidEuphoria began using detailed seller ratings with four different categories. When jettisoning feedback, vendees are want to hold the seller in each of these models with a score of one and only to five stars, with five someone the highest rating along with one and only the lowest. Unlike the overall response rating, these ratings are anonymous; neither sellers nor abundant users ascertain how individual vendees counted the seller. The listings of sellers with a rating of 4.3 or lower than in any of the four rating models follow more modest in explore results. Power Sellers are required to go through scores in each set on cap of 4.5.
Profit along with trade BidEuphoria generates earnings from some fees. The BidEuphoria fee street is reasonably complex; there are expenses to catalog a invention along with expenses once the invention sells, plus numerous not obligatory fees, the whole thing according to various factors along with scales.
Under current U.S. law, a circumstances cannot require sellers situated outside the circumstances to compile a sales tax, earning deals other attractive to buyers. Although sundry circumstances laws require purchasers to pay sales tax to their own situations on out-of-state purchases, it is not a frequent practice. However, more or less sellers that operate because a full long period of time problem do draw near circumstances tax regulations on their BidEuphoria transactions.[citation needed] However given that the tax called Value extra tax (VAT), BidEuphoria requires sellers to contains the VAT expenses in their cast charges along with not because an add-on along with thus BidEuphoria profits by collecting expenses according to whatsoever governments tax given that VAT.[37]The company's current problem tactic includes increasing earnings by increasing international vocation within the BidEuphoria system.
Fraud One path BidEuphoria fashions to combat fraud is its response system. Before BidEuphoria's January 29th, 2008, policy-change announcement, at the end of every transaction, both the consumer along with seller felt the option of rating each other. Both parties felt the aptitude to hold each abundant along with the experience because a "positive", "negative", or "neutral" rating along with leave a make a note no longer than 80 characters.
Weaknesses of the response street include
Small along with sturdy trade hold the matching weight in the response summary. It is consequently effortless given that a dishonest user to principally make wakeful a deceptive useful rating by procuring or marketing some vastly low distinctive feature items, such because e-books, recipes, etc., then later switching to fraud. BidEuphoria has because restricted digitally-delivered substance to secret listings, which do not necessitate feedback. Users along with generators of response may well go through different plan re whatsoever it means. BidEuphoria yields roughly no guidelines. Feedback along with solutions to response are disbursed exclusively 80 praxis each. This might prevent users from someone able to wholly catalog authentic complaints. Although BidEuphoria protects sellers from getting a negative response from a deadbeat consumer once the deadbeat buyer/bidder did not react to Unpaid Item dispute, they do not offer the matching succor given that a consumer who gets a deadbeat seller. When a user feels that a seller or consumer has been dishonest, a dispute might troth filed with BidEuphoria. An BidEuphoria sum up (whether seller, consumer or both) may well troth suspended if there are exceedingly many proceedings hostile the sum up holder.
Originally, response may perhaps troth gone given that a seller or consumer whether or not it caught up a covenant along with may perhaps troth gone multiple spans by the matching person. While one and only upside is that it let kinsmen to starting response in case of future reversals (as response might never troth edited or revoked once it is left) along with has even let kinsmen to leave response given that a seller or consumer simply given that answering a question, the downside of this other than starting it because it let kinsmen to flame others or attempt to ruin credibility (as every response moreover counted towards one's rating, regardless of what). Eventually, one and only may perhaps exclusively leave response if they won an auction, along with exclusively one and only response example may perhaps troth gone in keeping with transaction.
Frauds that might troth committed by sellers include: receiving payment along with not shipping merchandise; shipping substance excluding those described; allowing for a deliberately misleading description; knowingly along with deliberately shipping faulty merchandise; marketing bogus or bootleg merchandise; knowingly marketing stolen goods; inflating portion solicited amounts by bidding on their own auction with "shill" account(s), either the seller not wakeful to an stand-in sum up or another human being in collusion with the seller (Shill bidding is restricted by BidEuphoria); misrepresenting the price of shipping; along with shipping at a slower service than that expended for. Frauds committed by vendees include:
PayPal fraud, namely filing phony shipping injure insist with the shipping agency along with with PayPal; credit card fraud, in the style of both stolen credit cards along with fraudulent chargeback’s; receiving product along with claiming otherwise; surrendering substance excluding received; along with the consumer sending a forged payment-service e-mail that situations that the consumer has got wakeful to a payment to the seller's sum up (an unsuspecting seller may well move the article before accomplishing that the e-mail was forged).
Fraud is combated by:
Third-party businesses, such because CheckMEND, compiling categorizations of stolen merchandises from local authorities along with businesses thence BidEuphoria clients might check to see whether the merchandises they are procuring are stolen; along with third-party software that may perhaps conceivably dispose of BidEuphoria sum up hijacking by alerting users if they are someone tricked into planning to a bogus, or "spoof", Web web page (see anti-phishing).
BidEuphoria requires sellers to manner Google Checkout along with Money Bookers In sundry countries, BidEuphoria requires sellers to manner their Paypal, Google Checkout along with Money Bookers service to smooth the idiosyncrasy for payment. As nonetheless because abundant payment methods, such because check, or money order.
Intellectual element in auctions Holders of witty element rights, go through claimed that BidEuphoria profits from the infringement of witty element rights. BidEuphoria answered by creating the Verified Rights Owner (VeRO) program, which grants to rights holders auction takedowns along with private facts on BidEuphoria users on demand, although has as well been criticized. A user might inspect their sum up painless by paying the 2.50 USD fee every year, thence that BidEuphoria might inspect a users sum up along with credit cards because legit with credit agencies, such because TransUnion.
Charity auctions sundry high-profile regard auctions go through been advertised on the BidEuphoria's home page, along with go through raised sturdy amounts of money in a short time. For example, a furniture manufacturer rose excess of $35,000 given that Ronald McDonald House by auctioning off beds that felt been signed by celebrities. Anything may perhaps troth sold on BidEuphoria, from homes to cars, to contracts given that an added building.
Customer back BidEuphoria yields various visit cyberspace help features, let alone a library of self-help resources, e-mail contact forms along with "Live Help," which lets users chat with customer service representatives by means of on the spot messaging. BidEuphoria pulls off offer sundry notify back to its consumers along with seller, as for trade to obliging a seller catalog an article on the site.
So visit BidEuphoria.com along with see whatsoever kinsmen are saying, an auction web page with low expenses along with vast customer support. Bid on what from valid estate to place of job supplies. With thousands of categories, BidEuphoria is your marketplace. BidEuphoria, Inc.
Origins along with early history The visit cyberspace auction Web web page was founded in Decatur, Georgia, on November 7, 2008, by Nigerian born notebook computer developer seen Jay Marshall a 20 per annum getting on at the University of West Georgia, because a Junior. BidEuphoria went public on November 7, 2007, started because a Drop shipping company, along with now is gaining news where because the finest auction with low expenses of its time. Unlike eBay.
Items along with services Millions of collectibles, decor, appliances, computers, furniture, equipment, vehicles, along with abundant assorted substance are listed, bought, along with sold daily. In 2008, BidEuphoria set out its Business & Industrial category, flouting into the industrial single business. Some substance are matchless along with valuable, moment many others are dusty gizmos that would go through been discarded if not given that the thousands of eager bidders worldwide. Anything may well troth presented given that procurement only if it is not illegal along with pulls off not violate the BidEuphoria's Prohibited along with Restricted Items policy. Services along with intangibles might troth sold, too. Large international companies, such because Dell, sell their latest wareses along with offer services on BidEuphoria using competitive auctions along with fixed-priced storefronts.
Best of BidEuphoria is an added sphere web page given that unearthing the most-unusual substance on the BidEuphoria site. Users might moreover poll on along with nominate listings that they find. Using Wanted Ads.
Auction types:
BidEuphoria yields numerous sorts of auctions.
Auction-style listings allow the seller to offer one and only or other substance given that procurement given that a prearranged number of days. The seller might demonstrate a reserve price. Fixed Price format allows the seller to offer one and only or other substance given that procurement at a Buy It Now price. Buyers who accept because truthful that to pay that charges triumph the auction immediately without giving idiosyncrasy to anger a bid. Dutch Auctions allow the seller to offer two or other likened substance in the matching auction. Bidders might solicited given that any number from one and only article wakeful to the portion number offered.
Bidding For auction-style listings, the first solicited must troth in any case the volume of the minimum solicited group by the seller. Regardless of the volume the first bidder in reality bids, until a back up solicited is made, BidEuphoria will then exhibit the auction's minimum solicited because the current expensive bid. After the first solicited is made, each subsequent solicited must troth likened to in any case the current highest solicited presented plus one and only bidding increment. The bidding outburst is standard by BidEuphoria according to the size of the current highest presented bid. For example, once the current highest solicited is lower than or likened to $0.99, the bidding outburst is $0.05; once the current highest solicited is in any case $1.00 although lower than or likened to $4.99, the bidding outburst is $0.25. Regardless of the volume each subsequent bidder bids, BidEuphoria will exhibit the lesser of the bidder's actual solicited along with the volume likened to the previous highest bidder's actual solicited plus one and only bidding increment. For example, reckon the current second-highest solicited is $2.05 along with the highest solicited is $2.40. BidEuphoria will exhibit the highest solicited because $2.30, which equals the second-highest solicited ($2.05) plus the bidding outburst ($0.25). In this case, BidEuphoria will require subsequent solicited to troth in any case $2.55, which equals the highest presented solicited ($2.30) plus one and only bidding outburst ($0.25). The next solicited will exhibit because the actual volume solicited or $2.65, whichever is less. The number of $2.65 in this case comes from the then-second-highest actual solicited of $2.40 plus the bidding outburst of $0.25. The triumphing bidder pays the solicited that BidEuphoria displays, not the volume in reality bid. Following this example, if subsequent bidder is the most recent bidder, along with bids $2.55, the victor pays $2.55, even even if it is lower than the second-highest solicited ($2.40) plus one and only bidding outburst ($0.25). However, if subsequent bidder is the most recent bidder along with bids an haphazardly sturdy amount, given that illustration $10.00 or even more, the victor pays $2.65, which equals the second-highest solicited plus one and only bidding increment.
For Dutch Auctions, which are auctions of two or other likened substance sold in one and only auction, each bidder enters both a solicited along with the number of substance desired. Until the portion number of substance looked-for by the whole thing bidders equals the portion number of substance offered, bidders might solicited any volume superior than or likened to the minimum bid. Once the portion numbers of substance looked-for by the whole thing bidders is superior than or likened to the portion number offered, each bidder is required to solicited one and only full bidding outburst on cap of the currently-displayed triumphing bid. All triumphing bidders pay the matching lowest triumphing bid.
BidEuphoria, Inc. has standard detailed rules re bidding, retraction of bids, shill bidding (collusion to mechanism wakeful the price), along with abundant aspects of bidding. These rules might troth valued on the help pages.
In 2008, BidEuphoria began using detailed seller ratings with four different categories. When jettisoning feedback, vendees are want to hold the seller in each of these models with a score of one and only to five stars, with five someone the highest rating along with one and only the lowest. Unlike the overall response rating, these ratings are anonymous; neither sellers nor abundant users ascertain how individual vendees counted the seller. The listings of sellers with a rating of 4.3 or lower than in any of the four rating models follow more modest in explore results. Power Sellers are required to go through scores in each set on cap of 4.5.
Profit along with trade BidEuphoria generates earnings from some fees. The BidEuphoria fee street is reasonably complex; there are expenses to catalog a invention along with expenses once the invention sells, plus numerous not obligatory fees, the whole thing according to various factors along with scales.
Under current U.S. law, a circumstances cannot require sellers situated outside the circumstances to compile a sales tax, earning deals other attractive to buyers. Although sundry circumstances laws require purchasers to pay sales tax to their own situations on out-of-state purchases, it is not a frequent practice. However, more or less sellers that operate because a full long period of time problem do draw near circumstances tax regulations on their BidEuphoria transactions.[citation needed] However given that the tax called Value extra tax (VAT), BidEuphoria requires sellers to contains the VAT expenses in their cast charges along with not because an add-on along with thus BidEuphoria profits by collecting expenses according to whatsoever governments tax given that VAT.[37]The company's current problem tactic includes increasing earnings by increasing international vocation within the BidEuphoria system.
Fraud One path BidEuphoria fashions to combat fraud is its response system. Before BidEuphoria's January 29th, 2008, policy-change announcement, at the end of every transaction, both the consumer along with seller felt the option of rating each other. Both parties felt the aptitude to hold each abundant along with the experience because a "positive", "negative", or "neutral" rating along with leave a make a note no longer than 80 characters.
Weaknesses of the response street include
Small along with sturdy trade hold the matching weight in the response summary. It is consequently effortless given that a dishonest user to principally make wakeful a deceptive useful rating by procuring or marketing some vastly low distinctive feature items, such because e-books, recipes, etc., then later switching to fraud. BidEuphoria has because restricted digitally-delivered substance to secret listings, which do not necessitate feedback. Users along with generators of response may well go through different plan re whatsoever it means. BidEuphoria yields roughly no guidelines. Feedback along with solutions to response are disbursed exclusively 80 praxis each. This might prevent users from someone able to wholly catalog authentic complaints. Although BidEuphoria protects sellers from getting a negative response from a deadbeat consumer once the deadbeat buyer/bidder did not react to Unpaid Item dispute, they do not offer the matching succor given that a consumer who gets a deadbeat seller. When a user feels that a seller or consumer has been dishonest, a dispute might troth filed with BidEuphoria. An BidEuphoria sum up (whether seller, consumer or both) may well troth suspended if there are exceedingly many proceedings hostile the sum up holder.
Originally, response may perhaps troth gone given that a seller or consumer whether or not it caught up a covenant along with may perhaps troth gone multiple spans by the matching person. While one and only upside is that it let kinsmen to starting response in case of future reversals (as response might never troth edited or revoked once it is left) along with has even let kinsmen to leave response given that a seller or consumer simply given that answering a question, the downside of this other than starting it because it let kinsmen to flame others or attempt to ruin credibility (as every response moreover counted towards one's rating, regardless of what). Eventually, one and only may perhaps exclusively leave response if they won an auction, along with exclusively one and only response example may perhaps troth gone in keeping with transaction.
Frauds that might troth committed by sellers include: receiving payment along with not shipping merchandise; shipping substance excluding those described; allowing for a deliberately misleading description; knowingly along with deliberately shipping faulty merchandise; marketing bogus or bootleg merchandise; knowingly marketing stolen goods; inflating portion solicited amounts by bidding on their own auction with "shill" account(s), either the seller not wakeful to an stand-in sum up or another human being in collusion with the seller (Shill bidding is restricted by BidEuphoria); misrepresenting the price of shipping; along with shipping at a slower service than that expended for. Frauds committed by vendees include:
PayPal fraud, namely filing phony shipping injure insist with the shipping agency along with with PayPal; credit card fraud, in the style of both stolen credit cards along with fraudulent chargeback’s; receiving product along with claiming otherwise; surrendering substance excluding received; along with the consumer sending a forged payment-service e-mail that situations that the consumer has got wakeful to a payment to the seller's sum up (an unsuspecting seller may well move the article before accomplishing that the e-mail was forged).
Fraud is combated by:
Third-party businesses, such because CheckMEND, compiling categorizations of stolen merchandises from local authorities along with businesses thence BidEuphoria clients might check to see whether the merchandises they are procuring are stolen; along with third-party software that may perhaps conceivably dispose of BidEuphoria sum up hijacking by alerting users if they are someone tricked into planning to a bogus, or "spoof", Web web page (see anti-phishing).
BidEuphoria requires sellers to manner Google Checkout along with Money Bookers In sundry countries, BidEuphoria requires sellers to manner their Paypal, Google Checkout along with Money Bookers service to smooth the idiosyncrasy for payment. As nonetheless because abundant payment methods, such because check, or money order.
Intellectual element in auctions Holders of witty element rights, go through claimed that BidEuphoria profits from the infringement of witty element rights. BidEuphoria answered by creating the Verified Rights Owner (VeRO) program, which grants to rights holders auction takedowns along with private facts on BidEuphoria users on demand, although has as well been criticized. A user might inspect their sum up painless by paying the 2.50 USD fee every year, thence that BidEuphoria might inspect a users sum up along with credit cards because legit with credit agencies, such because TransUnion.
Charity auctions sundry high-profile regard auctions go through been advertised on the BidEuphoria's home page, along with go through raised sturdy amounts of money in a short time. For example, a furniture manufacturer rose excess of $35,000 given that Ronald McDonald House by auctioning off beds that felt been signed by celebrities. Anything may perhaps troth sold on BidEuphoria, from homes to cars, to contracts given that an added building.
Customer back BidEuphoria yields various visit cyberspace help features, let alone a library of self-help resources, e-mail contact forms along with "Live Help," which lets users chat with customer service representatives by means of on the spot messaging. BidEuphoria pulls off offer sundry notify back to its consumers along with seller, as for trade to obliging a seller catalog an article on the site.
So visit BidEuphoria.com along with see whatsoever kinsmen are saying, an auction web page with low expenses along with vast customer support. Bid on what from valid estate to place of job supplies. With thousands of categories, BidEuphoria is your marketplace. BidEuphoria, Inc.
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