Friday, October 16, 2009

Bidbugs.com is a (B)Adbugs or B(e)dbugs?

Hello Ibidderz,

This website is new addition to our penny auction world from India. The very first impression I got about them is, "Is this a penny auction website or some ads landing website?"
They seem to be novice in the penny auction world and I doubt if they have right business plan?
Have a look at the video where I have opened up each page and tried to understand how it works and that is pretty much confusion.you people can figure out and let me know How it works.
All I see is google ads in every page. In About us section, The website company claims that it is started by two brothers one from IIT/IIM (A reputed institute for higher studies in India) but that was removed after 2-3 hrs and they claim that the company's headquarter is in Kolkata, West Bengal, India with offices in London, UK & Chicago, USA.





Few of my concerns are when big software gaints are struggling in India to hold their balance sheet in Green, This company call themself as start-up and they claim they have offices in US?
1.Do they have a right business plan?
2.What are the funding options do they have?
3.Just by Ads are they going to make up their losses?
4.Isn't this looks like a joke to you?

Just go over the video in youtube and let's will you able to escape from bedbug bites?



Lets us know if you know their any of their US office Address which is not mentioned in their website?

Keep away from bedbugs they are always dangerous.. lol :-)

Happy reading !


Feel free to post your comments.

--Iwatcher

Note:- ibidderz - people who follow penny auction websites closely and talk about them and infact trying out to win items as well.

All Rights reserved.

Disclaimer:- Author is expressing his views.Decision making is your part.Think and Act.

*Bidding can become addictive, Be careful !





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