About TicPics Auction and Store

TicPics Auction Guide

TicPics Auction is an online penny auction site. Auction items are preset to increase in various increments for each user placed bid. Each time a user places a bid the timer resets to a maximum of 10-20 seconds. If no one else bids and the timer reaches zero, that person wins the auction. It is different than other auction sites in the way that auctions are run. Each bid costs $.05 and must be purchased in TicPics Auction Packs. You may have the opportunity to use the ‘Buy it Now feature which allows you to purchase the item previously up for auction at the online retail price minus the cost of bids you placed during the items auction.

How to Start Bidding

1. Sign up and Buy Bids You’ll need to sign up before you can start bidding on our auctions. Signing up is free and only takes a few minutes. You’ll receive a confirmation email when you’re finished- just follow the link in the email to confirm your account. Bids cost just $0.60, and are purchased in Bid Packs. TicPics Auction accepts multiple payment methods, including: Visa, MasterCard, American Express, Discover, and PayPal. Upon purchase, your bids are added to your account

2. Find an Auction We post incredible new deals every day on our site, from the latest electronics and home appliances to gift cards, bid packages, and leisure items. Where else are you going to be able to buy a new iPad and a Callaway Iron set in the same place, or even choose between them in the same auction? With the exception of auctions for Voucher Bids and Limit Busters, TicPics Auction auctions allow customers to choose the item they want from a set of comparably priced products, whether they win the auction or Buy Now. So browse through our list of auctions and start bidding!

3. Place Bids Click the ‘Bid’ button to place a bid. Every time you bid, TicPics Auction deducts one bid from your account, and adds time to the clock. This allows other users a chance to bid because, well, that’s pretty much how an auction works

4 Win or Buy Now, and finalize your product! If you’re the last bidder when the timer reaches zero, then congratulations, you win! From here you may finalize your choice of product from the list and proceed to checkout. If that’s not the case, then you can always Buy Now. Using this feature, you can purchase any product at any time during an auction and up to two hours after the auction is over, by applying the value of any Real Bids placed in an auction to the product’s listed price.

How does TicPics Auction work Bids cost just $0.60 and can be purchased in bid packs. These bids are pre-paid and stored in the Bid Credit History section of My TicPics Auction. Each time you place a bid; it will be deducted from your remaining bids, and will increase the price of the auction by one cent. No more than 20 seconds is added to the timer whenever a bid is placed. This allows another user the opportunity to bid if interested. It’s just like the auctioneer shouting Going once...Going twice...SOLD! at a traditional auction. And also just like a traditional auction, you win by being the last to bid. Once you pay the final auction price and shipping costs, the item is yours! Here’s the part that isn’t like a traditional auction: If you don’t win, you can’t reclaim the bids you place. BUT, because we never want anyone to walk away with nothing, we offer a Buy Now feature on ALL of our auctions! When you use our Buy Now feature, we subtract the cash value of the bids you’ve placed (excluding voucher bids) from the value price of the item, and you pay the difference. It’s just like buying the item at retail price! So at least you had a chance at getting it at a discount, eh? Let’s say you spend 30 bids trying to win a $30 valued product, but you don’t win. Your 30 bids are worth $18 (30 x $0.60), so if you choose to use the Buy Now, you will only pay $12 more for the product. Please note that this offer applies to real bids only, and that voucher bids to do not apply to the Buy Now option. It’s also important to note that (except for Voucher Bid and Limit Buster auctions) TicPics Auction auctions aren’t limited to single items. A TicPics Auction auction allows customers to pick from a list of comparably priced products, which you may finalize at checkout. Be sure to shop the complete list of available products for the one that’s just right for you.

What is Buy Now? With Buy Now, you can purchase any product at any time during the auction and up to 2 hours after the auction is over by clicking the Buy Now button on the auction page The value of any Real Bids* placed in an auction will be applied to the value price*. Voucher Bids used in an auction will not count toward the Buy Now price. Buy Now purchases don’t count toward your daily or 28-day win limit. Because there’s no limit to the Buy Now feature, the auction will continue even if a user chooses to Buy Now. You must bid at least once in an auction in order to use the Buy Now option. The Buy Now price will never fall below $0.00 because TicPics Auction prevents users from spending more in Real Bids than the item’s value price. For example, you can’t place $110 worth of Real Bids in an auction for an item with a $100 value price. On TicPics Auction, you will never pay more than the value price for a product you want If a user chooses to Buy Now, they can pick from any of TicPics Auction amazing products that are available in that particular auction. Below is an example of how your discount for Buy Now is calculated.

The Buy Now price will be updated every time you place a bid

Real Bids are bids that were purchased in a Bid Pack

*The value price is the suggested retail price for that item.