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HERE'S HOW THE NAXCOM "BUY OFFER BONANZA" CONTEST WILL WORK:

Starting on Monday 12/5/05, daily and weekly cash prizes will be given out to buyers. Everyday, NAXCOM will take the buyers who had a qualified buy offer executed from the previous day and will randomly select one $10.00 winner. In addition, the buyer with the most "Bonanza" points (see below) for the week (Monday - Sunday pst), will win a $50.00 cash prize. Now there's more ways for buyers to win and with a random daily winner, even the "little guys" can win.

The sellers will be rewarded too. Each month, the top 10 sellers with the most "Bonanza" points (see below) for the month will win cash and other prizes with the top seller winning $100.00.

*Buyers receive "Bonanza" points only on their executed Buy Offers that are posted within the last 30 days (For example: a buy offer posted on January 1 only qualifies for the daily/weekly contests through February 1).

*Seller's "Bonanza" points are calculated on any buy offer they execute in the month. All "Bonanza" points are simply calculated by:

Total dollar amount x .25 the # of total executed buy offers
* I.e. 20 executed buy offers for $1000 = (.25 x 20 = 5) X ($1000) = 5000 points.
BUYERS! During any month on NAXCOM, you must post buy offers that have the best chance of getting executed in order to win.

SELLERS! During any month on NAXCOM, you will have to execute as many of those Buy Offers possible in order to win.
BUYERS PRIZE STRUCTURE:
$50 for the most "Bonanza" points for the week
$10 random daily winner (must have a buy offer executed that day)

SELLERS MONTHLY PRIZE STRUCTURE:
1st place - $100.00 6th place - 5 Free Featured Listings
2nd place - 9 Free Featured Listings 7th place - 4 Free Featured Listings
3rd place - 8 Free Featured Listings 8th place - 3 Free Featured Listings
4th place - 7 Free Featured Listings 9th place - 2 Free Featured Listings
5th place - 6 Free Featured Listings
10th place - 1 Free Featured Listing

Terms and Conditions

Tiebreaker is number of executed buy offers. Prize money must be used on the site (cashing out the prize money will result in a forfeit of of the prize money). In the event of a reversal, the points will be deducted off of the total for both the buyer and seller. All transactions must be completed to count, NAXCOM reserves the right to deduct points or eliminate users from the contest who attempt to accumulate points without having real transactions. NAXCOM reserves the right to request shipping confirmation in the event that it suspects a transaction. Failure to produce a shipping confirmation could result in a disqualification from the contest.

If you have any questions regarding the Buy Offer Bonanza contest, please contact NAXCOM at customercare@naxcom.com or call us at (310) 568-8825.

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