How To Find A great Penny Auction Site Online .pdf
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How To Find A great Penny Auction Site Online
Before bidding on an online penny auction site you have to be aware that there are auction
sites that are out there just to get your money. However, there are sites that are also set up
to provide a comfortable and secure platform for members to bid and win.
In a real or a live auction, you will never have to pay anything unless your bid wins. You can
bid as much as you want and each time someone bids higher than you, your bid loses. You
can up the price by bidding again and win the item by being the best price offered. But in an
online auction it is quite different:
1. You are required to buy bids and spend it each time you place a bid; you are already
spending money even before you have won the auction! This is one of the main
reasons why many consumers are wary of penny auctions websites.
2. You and who knows how many, are fighting over the last second to bid. A timer will
tell you if the auction is nearing its end because the final bid is the winner of the
auction and the item in question. But can you tell how many of you are waiting for
the chance to be the final bidder? There may be 10 of you or a hundred of you
fighting the clock! It may just be a matter of having the fastest web connection or
having the best responses to win the item giving you only a minute chance of
winning the auction!
3. Remember that when you bid, the price of the item increases by a penny, if so many
people bid on the item, then the price would end up getting more expensive than
the actual retail price! Who would want to buy an item which is higher than the price
at the store? And you have to worry about postage and delivery rates as well.
So before you start spending time and money in penny auction sites, do your research and
read all rules very well. Learn all about how the site makes money and how the rules in
bidding apply. It also helps to use a site that has a straightforward and simple approach to
online auctions, no distracting noises, confusing information and most of all look for sites
with great prizes; this will definitely make the most of your time bidding!
A highly recommended site is BidBid.co.uk, It is for people who are new to penny auctions
and for those who prefer a clean and non distracting platform. All items are clearly seen, the
time left for individual auctions are displayed and you get free 5 bids when you join. And if
you are tired of waiting for the auction time, you may also use the electronic bid assistant or
the Auto BidBid to take care of your bidding strategies. Items on BidBid are among the most
glamorous: computers, netbooks, mobile phones, flat screen televisions and more. Truly
every penny is worth it when you join BidBid.co.uk.
For more info go to http://www.bidbid.co.uk