Welcome to Bolibol, the home of exciting, fast-paced auctions on the internet.
Every day we sell brand new life style top-name products at incredibly low prices in auctions that start at just Rs 0 (Zero rupees) with no reserve.
Here's how it works: To get started, you need to buy some credits. Each credit costs Rs 2.00 and are sold in packs of 100, 250, 500, 1000, 2500, 5000 and 10000. Bidders can place bid through their Bolibol account (registered users account). Each bid placed increases the price of the product by certain amount (as indicated on product detail screen) and the auction countdown by up to 60 seconds (varies from auction to auction, refer description for exact increment for auction you are bidding on).
To help keep track of the money spent on bidding, each auction displays the saving box which calculates the bidders spending and savings for the product if they were to win the auction at that moment. The "last bidder standing" when the countdown reaches zero, wins the auction - usually at a very low price. Winners save, on average, 65% when compared to the recommended retail price, however savings can be as big as 95% or more of the retail price.