Reverse auction sites are a rage on the internet and are surpassing the popularity of the regular ecommerce websites. These websites work on the lowest unique bid model of auctioning which allows people to buy products at a small fraction of their original costs.

Most auction websites in India work on this model. Apkabid is a unique reverse auction site that lists a number of product categories that are not found on other sites. The products that are listed on the site are latest and are put up on popular demand.

Apkabid lists items across categories like apparels, automobiles, computers, digital cameras, electronics, footwear, games, home appliances, mobiles, storage devices, TV & music systems and tablets & Iphones. People who wish to buy these products at a fraction of the market price can place bids on them to win.

To participate in the bidding process, people are required to register on the site with their personal details like name, phone number, address, mode of online payment, etc. All these details come handy when you want to buy bid packets or when a product has to be delivered at your address.

After the registration, you are required to buy bid packets to be able to place bids. These bid packets are also put up for auction at times. But mostly these are to be bought online using debit cards, credit cards, online banking, PayPal or authorize.net. The online transactions on Apkabid are extremely relaible and are SSL secured.

The process of winning involves placing as many bids as you want on a product of your choice. There will be other people bidding for the product too. In the end, the person who places the lowest unique bid on the product gets to buy it at the bid price.

The lowest unique bid auction process on Apkabid is extremely addictive and, above all, is reliable, innovative and effective. Any one new to bidding can also win by a little practice and determination. Many people who have won on the site regularly come back to continue winning new products.