Whatisbidbugs.com :

Bidbugs.com is a place where users can come and get cool products for free such as ipods, tvs, laptops and more.

Concept :

The concept is based on the basic principle of giving out free information in return for revenue from advertisements. Bidbugs.com replaces the concept of information with that of giving out free products.

Users will have to compete for free to get free items by “biting” them. At the end of the auction the person with highest number of bites will win.

Platforms : General website, facebook App and Myspace App.

Area of Operations : International

Type of Site : Free online Auctions

Registration : Required

Commercial? : Yes

Owner: Bidbugs Entertainment Pvt. Ltd.

Launched : October 2009

Current status : Active

Functioning :

Every week, several new products will go up for auction. Users will have to go on bidbugs.com and “bite” the products. Ie, press the “bite” button. This is for free. Each bite will be registered in the users name. At the end of the auction, the person with the highest number of bites, will be given out the product for free.

There are 2 types of bites: combo bites and single bites.

1 combo bites = 20 single bites

Single bites are unlimited and free whereas combo bites are also free but limited (if one earns them instead of buying them)

Combo bites will given out on a daily basis when a user logs in daily. For getting more combo bites, a user will have to send invites and requests to friends or promote bidbugs.com in twitter, tumblr, friendfeed, become a fan on facebook page, etc. or buy the bites for a negligible rate

Delivery :

Delivery will be made throughout the world provided the product is available in that country. Bidbugs.com relies on 3rd party service providers like Amazon and Ebay for the purchase and delivery of the products

Founders :

Bidbugs.com is founded by 2 brothers Saurabh and Abhishek Kedia. Saurabh Kedia is an IIM Bangalore Graduate and is an MBA. Abhishek Kedia is currently completing his graduation at St.Xaviers College.