how much do beezid bids cost
In this particular case, this was a penny auction meaning that the price per bid went up by $ 0.01. Therefore, a final auction price of the $0.35 translates to 35 bids. At an average cost per bid of $0.8, it means that Beezid ended up making $28 for this product.Nobody knows the profit margin for this item at a retail price equivalent to $34.95.Therefore, even if Beezid lost, it was likely a very small loss.he cost of each bid ranges from $0.6 to $0.9. At Beezid, one can purchase an item at almost 60% or less, off the retail price. This is the issue that whistleblowers on the Internet have with Beezid. They simply cannot understand how it is possible for you to acquire an item at about 50% less than the retail price.