Wavee

With numerous positive customer reviews as proof, Wavee provides an online shopping alternative for consumers who want to buy products for a fraction of the retail price. Emory University graduates Jacky Lai, Terence Poon, Jeff Chan, Paul Tsyrlin, Daniel Yang, and David... Chan launched Wavee in November 2009 to offer deals on electronics and other products that save consumers up to 90 percent. The concept, which entails a live-auction setup, requires the Wavee user to purchase 75-cent credits to bid on an item. Wavee starts each auction at zero dollars. After any consumer places a bid, the price of the product increases by a penny (depending on the auction type), and the auction gains 20 seconds of time. If no Wavee customer bids on the product again before time runs out, the last bidder secures the deal. In addition to the incredible deals Wavee users are privy to, the auction site also offers free shipping on all of its products. Reviews of Wavee show that customers won items at anywhere from 70 to 90 percent off retail value, and some users who created online reviews saved hundreds of dollars on items. Consequently, if a customer bids on an item with paid-for credits and does not win, he or she can reinvest that money spent and buy the item at below-retail cost. Customers have saved over $500,000 by visiting the site. One customer review read that Wavee secured him three brand-new PlayStation3 games for only $10, far below the retail value of the video games. To start bidding, visit the leading live-auction web site, Wavee. Read More