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Bidify.com Review – Is it a scam?

Posted on May 9, 2012 by joann

Bidify.com Review – Is it a scam?

Bidify.com is a website that combines the popularity of penny auction sites and money-making opportunity in the form of profit sharing. The website, which is the marketing division of Bidsson, enables affiliates to qualify for rewards on every retail bid they sell and for every sample bid they purchase.

In Bidify, affiliates can qualify for leadership bonuses. This is earned from up to 50% of the daily net profits from bidding and from purchases made by retail customers in the Bidsson auctions.

More about Bidify

Penny auction websites are different from the typical auction sites as they charge users with a certain amount for every bid they make. Bids on these sites range from fifty to seventy five cents each. Part of these fees go to the site’s operational costs while the remaining amount is the site’s profit. Bidify’s program enables affiliates to take part of this profit.

In order to become a member of Bidify, you need to be invited by an existing affiliate. Aside from that, you need to pay both the startup and monthly administrative fees. The startup fee costs 100 euros (around $130.52) while the monthly administrative fee costs 20 euros ($26.10).

As a member, you will be earning points depending on the number of sample bids that you have sold. Also, at the end of the day, you will be sharing 50% of Bidsson’s net profit with the other affiliates with appropriate levels of points.

Final thoughts on Bidify.com

Bidify is a combination of affiliate and multi-level marketing as it requires its affiliates to recruit more members to their penny auction site and at the same time, it makes use of a compensation plan similar to that of a multi-level marketing.

If you wanted to get into this kind of money-making opportunity, it would be best to conduct some research first to find out whether it suits you or not.

Please leave your comments or your experience with Bidify.com below; it helps others.

If you’re interested in learning how regular everyday people are making money from YouTube, please visit the Work From Home page. It’s easy and it’s completely free!

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