Bidazzled.com -New online auction site - helps fund a charity

This is a Sponsored Post written by me on behalf of Bidazzled. All opinions are 100% mine.

Have you heard of Bidazzled? It is a relatively new online auction site, having been launched just this past November. It is a a "penny auction" site with a twist - it was created to raise money for a lung cancer charity, the Ruch Foundation.

What makes Bidazzled.com really great is that you can snag some awesome things for a song. You can buy bids, currently at $1 each, with bid packs available for as low as just $25. The more you buy, the lower the price per bid because when you dilute the cost with the bonus bids you can end up paying .67 per bid or less if you buy larger packs of bids. Currently though they are offering 5 free bids at sign up and I will include a promotional code below worth 15 extra bids.

I stopped by Bidazzled and watched a 4th generation iPod Shuffle go for $7.90! I wouldn't mind paying just 8 bucks for such a sweet tech toy. Winners typically save 80% off retail (in the case of the afore-mentioned iPod, it was more like 90%) and even if you lose you aren't a non-winner. If you lose the auction, you will receive up to 50 bids as a thank you for participating and you can even purchase the item less the investment you put into the auction. So even if you don't win, you can still snag a nice product at a discount.

If you do win, Bidazzled.com may offer to buy the product back from you. They might offer you cash, cash and bids or bids to buy back the item to re-auction it for charity. According to the site, over 70% of profit goes to the charity.

How does it work: The price increases a few cents with each bid placed while at the same time a few seconds are added to the countdown clock to give others to get in on the bidding. When there are no other bids placed, the auction ends. You then buy the item for the ending price (plus shipping and handling) and snag something at significant savings.

There are two promotional codes out that I can offer you you to use at sign up. To obtain 15 additional bids, use either one of these codes on the registration page.

* Blog: BBP1202A
* Twitter: BTP1202A

Bidazzled.com also has a sweet viral referral program such that if:

*A refers B. A receives 5 Bonus Bids
*B refers C. A receives 4 Bonus Bids
*C refers D. A receives 3 Bonus Bids
*D refers E. A receives 2 Bonus Bids
*E refers F. A receives 1 Bonus Bid.

So tell all your friends! I plan to sign up myself and give it a try. I have often found that the early bird gets the worm so I plan to bid on a few things myself. Did I pique your interest? Be sure to visit Bidazzled.com soon and check it out. The above promo codes expire January 15! Good luck and if you snag something sweet, be sure to come back and tell me about it!