First, PisoBid (link 1) is the no. 1 and first of its kind online auction site in the Philippines. You have probably heard of penny auction sites in other countries. Japan and Korea have many of these sites, and now we have our very own penny (or should I say piso) auction site in the Philippines.
Second, online shopping auction is a new experience to try. Its a unique experience that combines shopping, excitement, and strategy. Other than registering as a member (link 2) and loading up your account with bid credits, you of course need to read and research to learn the ropes. Learn and observe how the bid process goes so that you can make this new experience not only exciting, but a rewarding activity.
Third, PisoBid is not a scam. PisoBid is a legitimate online shopping and entertainment site. It does not utilize bots or fake users to interfere with the bidding process. There are already hundreds of winners (link 3) of different gadgets, gift certificates, vacation getaways and many others. You can find proof of winners pictures and videos on PisoBids Facebook account and also on Twitter and YouTube.
Fourth, you can meet new friends. At PisoBid, you can meet other people who share the same interests. PisoBid is on Facebook (link 4) so you can check their wall for information, promotions, and comments. You can also post your questions or requests. Other registered users help new members out to get accustomed with the registration and bidding process. Its a great way to find new friends but of course, its always advised to be careful when making friends online.
And the fifth but certainly not the least, you can shop for high-quality and branded products at a real bargain. Where else can you shop genuine products with 99% discount? You probably can buy an HD TV imitation with about ten thousand bucks, but this guy was able to purchase the real deal Panasonic 46 HD TV at only 72.09 pesos (link 5). The Panasonic 46 HD TV retails about 60,000 pesos. Of course, you still need to add up the purchase value of your bid packs. Lets say you bought a 100-bid pack worth 1000 pesos, its still quite a great deal, right?
Link 1: http://pisobid.com/
Link 2: http://pisobid.com/CreateAccount.aspx
Link 3: http://pisobid.com/Winners.aspx
Link 4: http://www.facebook.com/pisobid
Link 5: http://pisobid.com/Auctions/Panasonic-46-Full-HD-TV/512
Pisobid 
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