2. Introducing the Competitive Shopping
Marketplace
Marketplace: A commercial world of buying and selling
Competitive Shopping: A process where consumers bid against
each other with a set of pre-purchased bids in an effort to win the
listed product(s) at discounts of up to 95% off the retail price.
Competitive Shopping Marketplace: A marketplace where
multiple merchants enable consumers to engage in Competitive
Shopping to earn discounts of up to 95% off the retail price.
5. Components of Competitive Shopping
Current auction price
Auction clock
Avatar & username of
the last bidder
Auction bid button
Break down of
discount compared to
the retail price
6. Components of Competitive Shopping
History of the most
recent bids
Auto-bidder console
Sponsor merchant’s logo
Discounted Buy It
Now price
Buy It Now button
7. Components of Competitive Shopping
Buy It Now buttons Buy It Now prices Current auction prices
Bid buttons & Auction clocks
Sponsor merchants username of
the last bidder
9. Competitive Shopping Quick Facts
• Bids cost $1 each
• Each bid increments the auction price by $0.01 (a penny)
• Each bid resets the auction clock to the 10 second mark
• There is only one winner per Competitive Shopping round
• Every Competitive Shopping round offers a Buy It Now option
• The Buy It Now price is the retail price minus the total value of spent
bids.
10. Competitive Shopping Example
A $25.00 Amazon gift card sold for only $2.50 in a recent Competitive Shopping round.
The winner was able to purchase the gift card at a substantial discount of 90% off the
retail price.
$ 2.50 (Competitive Shopping Price)
$ 25.00 ( Retail Price)
In total, there were 250 bids. With each bid costing $1, plus the final value price of $2.50
the Competitive Shopping round generates $252.50 in gross revenue.
The net profits earned in this Competitive Shopping round was $252.50 - $25 = $227.5
Because the Buy It Now option allows a user to apply the total value of their spent bids to the Buy It Now price, net profits may be
slightly lower.
11. This $1,199.99 Apple MacBook recently sold for only $155.84. However, the merchant
earned a profit of ~$14.539.85.
The listing received a total of 15,584 bids at $1.00 per bid. Minus the cost, we have
the formula below…
$15,584 + $155.84 - $1,199.99 = $14.539.85profit
12. This $1,699.99 Apple MacBook Pro recently sold for only $174.50. However, the
merchant earned a profit of ~$17,450.
The listing received a total of 17,450 bids at $1.00 per bid. Minus the cost of the
product, we have the formula below…
$17,450 + $174.50 - $1,699.99 = $15.924.51profit
13. Conclusion
• Competitive Shopping offers consumers an entertaining and new way to shop
and save from multiple merchants.
• It enables consumers to compete for substantial discounts on popular
products such as: gift cards, smarphones, tablets, notebooks etc…
• Consumers can apply a bid before they buy strategy to possibly win their
desired product(s) at substantial discounts of up to 95% off the retail price.
• It has the potential to greatly increase a merchant’s net profits.
• It has the potential to greatly increase a merchant’s retail sales via Buy It Now.
• It enables each member to earn a permanent monthly discount from 2% to
50% off retail pricing, once per month on any product offered by our partner
merchants.
