About Us
BIDernet, Inc. is an internet based online auction start-up company based in Picayune, Mississippi. The concept for BIDernet originated when its founder became frustrated with skyrocketing service fees charged by the online auction monopoly known as eBay. Upon finding no viable alternative, it was realized that an enormous niche in the market was being overlooked. BIDernet was formed in March 2002 in order to satisfy the demand for competition with eBay, the online auction market's singular driving force and most significant competitor. BIDernet is unique because it is focused on gaining market share in this industry through an innovative method for which a business method is patent pending that combines the best aspects of network marketing and online auction technology. BIDernet's strategy is to share the revenues of the company through a multi-tiered compensation plan that will pay monthly commissions to affiliates for referring new users that join the website, promoting increased trade across multiple categories of items which includes everything that is currently traded on eBay.
BIDernet Mission Statement
BIDernet's mission is to create an online auction system that will allow users to trade nearly any item and get paid a monthly residual income from the auction fees collected on those items, as well as any items bought or sold by individuals they have referred, and so on. BIDernet believes this will create customer loyalty and retention which is our primary goal. This unique multi-tiered compensation structure is an unusually attractive marketing plan that will share up to 40 percent of the company revenues generated from the auction fees paid by users of the website. Unlike traditional network marketing companies, we charge no upfront fees to join our program, no sales skills are required, and everyone is a potential prospect. BIDernet will be able to share its revenues with affiliate users because the word-of-mouth advertising generated by affiliates will offset expensive traditional methods of advertising such as television, radio, and print ads. There will also be local, regional and national events that will be held by BIDernet's founder to increase excitement and promote the company's public exposure. BIDernet's goal is to build a solid foundation of users that will continue to use its service and refer others to use its service as well. This marketing method is financially beneficial to BIDernet and its users. The multi-tiered affiliate program gives users a reason to market the website because it pays them to do so. Thus, BIDernet's slogan is, "Get Paid to Trade Online". BIDernet's strategy also includes a pricing structure for all service fees that is less than eBay's current fee structure. Users who do not wish to participate in the affiliate program are not required to do so and may still utilize our site in the traditional sense, simply as a lower-priced alternative to eBay.