Thursday, August 13, 2009

Penny Auction Forum

by Amanda Lee on August 13, 2009

Have you joined the Penny Auction Forum yet? If not, what are you waiting for! Join today it’s free.

Our forum is a place for users to

Review penny auction sites (Did you receive your items? How easy was it to win?)
Find new ones
Talk about problems you’ve had with fraudulent penny auctions
Share bidding strategies (if you want!)
Talk about your wins,
Swap your wins with others
And more!

It’s just an overallÂ fun place to discuss anything and everything related to penny auctions.

So please join!

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A good name is rather to be chosen than great riches

August 13, 2009

Or did they choose this one to make great riches? PennyAuctionSite.com is a new one we’ll be watching. It looks like it was just launched today. They’re based in Estonia. Bids are $1 each and credits expire? August 31st. Please Note: There are many, many more penny auctions we are watching, you can find some [...]

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Swoopo: The King of Entertainment Shopping

August 13, 2009

http://www.flickr.com/photos/annabananabobaloo/ / CC BY-ND 2.0 Swoopo made a profit on revenue of $32 million just last year. Swoopo came to the US in September of last year and they’ve been around since 2005 in the European market. They have over 2 million members on their US site (swoopo.com) and an Alexa traffic ranking (8,124) that [...]

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What did we tell you…

August 13, 2009

The Economist just published an article on penny auctions Mind the Pennies: The rapid spread of “entertainment shopping” spurs indignation. Washington Post, ABC News, The Economist, we’llÂ soon see more media outlets expose penny auctions. The pieceÂ Illustrates the difficulty of turning a revenue and the downfall of having too many bidders. They make mention [...]

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