Auction site offers various gadgets and lifestyle products


Convenient: Tian (left) and Angeline Tham (right), the co-founders of Sold.my

WITH the Christmas holidays just around the corner, one can’t help but think of Christmas presents, for this is the season to give and receive.

What’s not so great is the process of getting the gifts together.

Attractive offers and discounts aside, the hustle and bustle that accompanies any seasonal shopping spree inevitably includes being stuck in traffic; countless hours looking for a parking spot; pushing and shoving and the long checkout lines.

There is an alternative; shopping from the comfort of your own home.

Today’s connected, online world provides that viable alternative known as home and online shopping — an option that has been around for over a decade and is gaining huge momentum in recent years.

All you need is a fast Internet connection and a credit card or an online banking account. It’s that simple.

A fresh take on online shopping is pay-per-bid auctions, which adds fun and strategy to the whole shopping experience.

In these auctions, the starting price is RM0. Each bid costs the user one Token (Tokens need to be pre-purchased) and the final bidder, when the auction closes, walks away with the item after paying the final bid price.

One of the companies that offer this service is Sold.my. The site offers a range of diverse gadgets and lifestyle products that are up for auction via an advanced, pay-to-bid process.

All products on the site are brand new and sourced from reputable sources. On average, winning bidders can enjoy huge savings of between 60% and 95% off retail prices.

Take for instance, the bidder who won a new Samsung Galaxy Note 10.1 tablet for RM3.74 and another who won a 16GB Apple iPad with Retina Display for only RM1.91.

Those were insanely low prices and could never be matched at a departmental store.

“At Sold.my, we offer a slightly different shopping experience with the same ultimate goal — to purchase what you like. However, the idea of bidding and the strategy involved in trying to outbid another bidder really adds a new level of excitement for online shoppers,” said Sold.my co-founder Tian Qiuyan.

She added: “Online bidding is gaining popularity in this region as most people find it a refreshing experience for it adds interactivity to the otherwise touch-and-go manner of regular online shopping.

“The real-time countdown timer and quick turnover for each auction adds credibility to the process and keeps bidders interested as there are always new items up for bidding every day.”

The site offers detailed guidelines for new bidders as well as various types of auctions to suit different skill levels and preferences — Free Auctions, Beginner’s Auctions, one Sen Auctions, Five Sen Auctions, Manual Auctions, Normal Auctions and Blind Auctions.

The auto-bid option is available for those who need to go about their everyday chores and cannot sit in to bid. Simply set your bid limits and the intelligent auto-bidder will do the work for you.

“While this method of bid-and-buy shopping attracts mostly male bidders, more and more women are starting to warm up to the idea as well.

The Auto-bid option really comes in handy for those who have other things to do and yet want to be part of an auction,” shared Tian.

In conjunction with Christmas, Sold.my is offering a range of household appliances and cool gadgets up for auction including brand new Apple iPads, iPods, iPhones, PlayStation consoles, and gift cards.

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