# Guardian Christmas Appeal includes online reverse auction

- Link: https://fundraising.co.uk/2004/12/14/guardian-christmas-appeal-includes-online-reverse-auction/
- Published: 2004-12-14T00:00:00+00:00
- Author: Howard Lake

**The online element of this year’s Guardian Christmas Appeal includes not only 
online donations but also for the first time an online reverse auction.**

Bidders can contribute to the Guardian’s appeal while competing to win a 40GB Apple
iPod or a 42-inch LG plasma TV for a fraction of the normal price. It’s a good example
of the the win-win principle, and of a charity appeal offering an incentive to donors.

The reverse auction requires bidders to pay £5 for each bid: the lowest unmatched
bid gets the item. So, in theory you could bid as little as £1 and, provided that
is the lowest bid and no-one else matches that bid, you could walk away with one
of the two items.

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To make it even more attractive, each of the 40 iPods and 10 TVs are available in
a separate auction, and each auction has a limited number of bids allowed. The odds
are therefore very good for each bidder: each time an iPod auction reaches 120 bids,
a winner is selected. For the LG TV, it is one winner for each 800 bids.

The bidding is being conducted in partnership with online auction service Auctionair
Limited.

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