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Designer brands from $2? An online retailer is raising the stakes this Sunday.

Australia's biggest online shopping event, Flash Frenzy, will kick off to 14 million Ozsale shopping club members on October 12.

The event has been previously held in May and November 2013, as well as May 2014.

According to Ozsale, the event attracts an average of 80,000 new members, a 110 per cent increase in new visitors to the site and a 400 per cent increase in sales, selling 2.2 items per second.

Ozsale CEO Carl Jackson said the fourth event will unleash bargains not seen before in Australasia.

"Our buyers have been in negotiations with our biggest brand partners both domestically and internationally so our members can expect phenomenal deals on genuine brands."

These inclued Bonds, Zara, Topshop, Pumpkin Patch, Ted Baker, Bally, Vintage Rolex, Cartier, Victoria's Secret, Nike, Versace Collection, Jeanswest, Calvin Klein and more.

Prices will be slashed by up to 80 per cent, with some designer pieces starting at $2.

The event will offer a flat rate delivery of $5 and an extra 10 per cent discount at checkout for orders above $125 in one transaction.

Consumers who transact via sponsor Mastercard will receive a 12 month Priority membership, valued at $100, free of charge.

Flash Frenzy starts 6am Sunday October 12 and runs til midnight Tuesday October 14.

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