You must have heard or even tried Auction sites where we bid for products and the highest bidder wins , the one live example of this is Ebay but today in this post I will talk about another concept which is called reverse auction. In reverse auction , items available on auction will be sold to the Bidder who submits the Lowest Unique Bid.The one site which is making this concept live is Jeetle.in .On Jeetle, a member can place number of bids on a product and the bidder having the lowest unique bid will be awarded the product. It is revolutionary concept where all you need to do is place a bid which is unique as well as lowest and you could win products like Nokia N97, Sony Cybershot, Lenovo Netbook, LCD, LED, Plasma, Panasonic, LG at unbelievable prices.
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