Microbid
Loyalty + Rewards
85% of all profits goes back to Members as Loyalty + Rewards. Every bid you make earns you Loyalty Stars + gives you chances to win instantly - even the actual Auction item*, good or service you’re bidding on.
* You don’t win the Auction item, good or service outright. You actually win the ability to purchase it at 1% of its normal price or face value.

Stars can be used to redeem rewards + they also increase your instant win odds (ie. every time you place/make a bid).

The more members bid, the more Rewards we give - and it’s all trackable in real-time at the top of most pages.

30%
Daily Instant Rewards incl. Auction Items, Goods & Services (triggered by any bid)
the higher your Loyalty Score (ie. total stars you have) the better your chances of winning* are - including the actual Auctions you’re bidding on
20%
Referrals / Affiliates / Creators
% of Bids, Memberships & Upgrades
10%
Winner Referral Bonus
ie. if you refer someone who wins (and completes*) an Auction (by bidding)
10%
Auction Success Bonus
ie. if your Auction has a winning Bidder
15%
Auction Consolation Winner(s)
ie. 3 Consolation Prizes - see below
* If a Member is the winning bidder of an Auction they will be able to buy that auctioned item, good or service for 1% of the listed Buy Now price. Once they "complete" that purchase - the "sale" and Auction are complete.

CONSOLATION WINNERS
1. Gift Card worth 7.5% of Auction
2. Gift Card worth 4.5% of Auction
3. Gift Card worth 3.0% of Auction

All Consolation Rewards/Prizes are based on the "Buy Now" price of the Auction.

BUY NOW PRICE VS FACE VALUE
The Buy Now price is not always the same as Face Value because many Sellers offer items, goods and services below or above face depending on their goals and needs, plus circumstances.

For example, a Seller may set their "Buy Now" price lower than the Face Value of their item, good or service because of the exposure and promotional value to them. Or, on the other end of the spectrum - a Seller might set their Buy Now price higher than the Face Value due to high demand for the item, good or service.

MORE COMING SOON
We have some very cool, additional rewards and rewards features coming in the near future. Loyalty Overview

My Dashboard My Entries Leaderboard

 
WANNA CHAT? OR GET A LIVE DEMO? GET IN TOUCH
If you’d like to speak to one or more members from our team or would like a tour and demo of the Microbid Platform, please feel free to email us at contact@microbid.com or call us at 312-857-3511 (Chicago Local).