
Bidnet – is a popular and easy way to gain new products with low prices. It is a web based cent-auction that allows people to obtain product with much lower net value. Unlike the usual English auction, participating in Bidnet is priced and with each bet the product’s end price raises up for 0,01 Ls.
“The one-time participation’s price varies between 0,75 Ls and 0,36 Ls. It depends on the channel and at once bought credit. At the moment, people can participate via banklinks, Paypal and SMS”.
How have you applied SMS-services?
Sending an SMS gives user an opportunity to participate in the auction instantly. User can find more details in what way and on which number the SMS should be sent on the website.
Where did the idea of using SMS- services come from?
Basically, you can say that we all have a SMS in our pocket and what would be the best paying method then the one that everyone already have. In addition, SMS is sufficiently anonymous and leaves the user enough possibilities to draw back.
Why did you decide to use SMS- services in your web business?
Bidnet.lv auction model is taken over from our Estonian partner sendioksjon.ee, where this was a trial version that became very successful. Participating with SMS is a part of this idea.
What has SMS-service additionally given you?
SMS- service expands our circle of clients offering opportunity to participate even for those who do not have Internet bank account or haven’t registered themselves as a user. The main principle, in that case, could be: participate today, pay later.


