So, you’re looking for the best penny auction site? You’ve come to the right place. But finding the best penny auction site on the web is not that easy. There are dozens of different penny auctions on the web, we’ve scoured them all and have brought you the best examples. Different people will have different requirements according to their own goals and needs when it comes time to bidding.
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Before you buy bids from a penny auction site, make sure that you are getting the most value for your money. Some sites will lower their per bid cost if you buy bulk packages. For example, a 1,000 bid package might cost $0.60 per bid while a 50 bid package might cost $0.90 for each individual bid. Most sites offer free bonus bids at signup. If you are going to be serious about penny auctions, you will want to save your money. This means trying to get the lowest per bid cost possible. This will save you money if you intend on treating penny auctions as a serious venture. Another strategy to lower your per bid cost is to bid on more bids. Some sites will have bid packages up for auction. In many instances, you can get bid packages at an even lower cost than the biggest bulk package.
Best Penny Auctions 2014
Finding the best penny auction site goes beyond the cost of bids. You also want to make sure that you will be able to bid upon the items that you want. The bigger the site is, the wider the variety of items up for auction. Small sites might just have gift cards and electronic items. If this is what you are looking to bid upon, then the small site will work out well. But if you don’t want to be limited in what you can bid on, the bigger sites will be more to your liking.
A big site can be tough for a new penny auction bidder. The bigger sites might have more items, but they also have more bidders. The more bidders involved in an auction, the harder the auction is to win. So for beginners, the best penny auction site can be very different from an experienced bidder’s best site. Many sites realize this and have special arrangements for their newbies. Some sites take new bidders under their wing with special types of auctions. This restricts people who have won auctions before and does not allow them to bid. Only folks who have never won an auction on their site are allowed to bid.
Of course, this can be used to your advantage. If you have a lot of experience with penny auctions in other sites, you can join one of the big sites and clean up in a newbie auction since you have never technically won an auction at the new site. This is a great strategy—many sites have this option just to attract new traffic to their site.
So when you are trying to find the best penny auction site out there, you need to account for several things. The site’s traffic: are the auctions crowded with many different bidders, or is there only two or three people contesting an item? The diversity of items: does this site have the type of item you want or need? And finally, the cost of bids: do you get a good discount on buying bulk packages, or are all bids the same regardless of how many you wish to purchase? If you are from other countries outside the USA, don’t worry you have plenty of World Penny Auction Options.
Penny auctions are complex and difficult to win. But with a little guidance, you can truly find the best penny auction site in 2012 for your skill set and you will be able to perfect your strategy there.