If you're a bargain hunter you're probably going to love LuckyChic.com, a new website that lets you bid on gift cards and luxury items for up to 98% off the retail price. Items on the site can range from a $10 Amazon.com gift certificate all the way up to an iPad or Louis Vuitton bag - and the deals can be amazing. I just saw a brand new Kindle sell for $3.70!
It's an incredible concept, but you have to really know how the site works before you bid - otherwise you risk wasting your money. I have played around with the site for about a week now, and this is my advice on winning:
1. If you're under 18, ask permission from your parent or guardian before signing up. Once you've registered, do NOT bid on anything the first time you're looking at the site. Take the time to read through the Step-By-Step instructions on bidding carefully, as well as the Help section.
2. You have to purchase chips to bid, and each chip costs 60 cents. Remember when you are bidding that you paid for your chips - don't just go bidding with abandon.
2. Check out the "Just Won" section of the site regularly to find out at what price items are selling. Figuring out around how much an item usually goes for will help you decide when to jump in and bid.
2. Lucky Chic doesn't operate like eBay where the time runs down once and the auction is over. Every bid adds an additional 20 seconds to the auction, so if you bid at the last second the auction will go on for another 20 seconds. This means that an auction can keep going for minutes - even hours - from when it was supposed to end.
2. Only bid in the last 2 seconds of an auction. EVER. If you bid any earlier than that you are wasting your money.
3. Read all of the fine print on the item before you bid. Some things have shipping fees, and large items like Louis Vuitton bags can cost up to $75 more in handling!
4. Remember that once you've bid, if you win you still have to pay for that item. For example, if you bid on a gift card for $2.30, you have to pay that $2.30 plus handling fees.
If you keep these tips in mind you should be able to get some great items at awesome prices.
Photo © LuckyChic.com.
Comments
Be careful with this one. Might be a scam. I am not sure how they can justify $195 in “postage” for delivery of a handbag that you got at the “bargain” price of $4.
This is a horrible website. How can they justify making you pay for simply bidding on something? At least with Ebay you don’t have to pay if you lose! I wrote them an email explaining my disgust and plan on going to the BBB.
I consider myself an overly skeptical person, and i’m convinced that the site has bots, or fake users running up the price and possibly winning them for re-use. So i guess I’m just looking for confirmation from a real person that they have indeed won something and it’s not a scam.
This is definitely just another scam bidding site, they have fake users who bid to win back their own items.
I am a new member of the site and I had a pretty good experience, signed up for free and received 3 free bids and then purchased a bid pack for $42.00. So far I won a gift card with the $42.00 chip pack, and I would love to win an ipad.
I am new to this site about a week now and I purchased 30 chips I have won two gift cards already, we will see if they come in the mail! If not I obviously won’t bid again. I’ll let everyone know if I got them!