If you only had a daily average pageview of under 400 would you be auctioning off $10,663.71 worth of items at noon on a Sunday?
CentMonkey is. Some of their auctions right now:
YottaBid had around 800 page views and they couldn’t turn a profit with the majority of their items valued at under $400. They auctioned off so many items including a desktop computer valued at $488 and let go of it for 161 bids. Bids were about $0.80. A $248 Michael Kors clutch, they shipped it out to the winning bidder with only two bids placed TOTAL. They tookÂ losses and they didn’t use shill autobidders and they did ship the item. A $250 KitchenAid Mixer 38 bids total. A Playstation 3 with only 71 bids total, I could go on and on with examples like this. They had more traffic than the majority of these penny auctions (which should not even be called auctions at all. Maybe they should be required to hold an auctionereeing license?).
The majority of these penny auctions are NOT in business to give away items, they may NEVER ever ship any items, maybe a few with low values to reel people in. Even after PayPal complaints you may never get your money back.
Penny, “reverse,” pay-per-bid auctions can be set up by anyone who is STUPID enough to code the software or pay a shady developer for a Swoopo Clone script.
How can you people live with yourselves knowingÂ full well that you are STEALING from ANYONE who purchases bids on your site?!?
THERE ARE LEGITIMATE SITES that DO SHIP out product and that DO end up giving items away.
Take a look at Cent Monkey’s ended auctions:
centmonkey.com Estimated Worth $1503.8 USD
Title CentMonkey – If You’ve Got the Time, We’ve Got What You Want!
Description Online Auctions, Best Bargains for electronics, computers and money! Pay with PayPal or ClickandBuy. Easy to get rich!
Daily Pageview: 353
Daily Ads Revenue $2.06
Alexa Ranking: 2,467,379
They even have a panel listing the top winners and how much they’ve won?
|Mizmoh96||$ 12 093|
|Hankniya||$ 10 000|
|Konitt8||$ 6 035|
|Hipna||$ 5 000|
|heilard||$ 5 000|
|kiwa4258||$ 5 000|
|ogazera||$ 2 999|
|Shij||$ 2 999|
|Zapanne6||$ 2 500|
It seems like CentMonkey COULD POSSIBLY be a scam complete with autobidders.
Have you tried CentMonkey? Please join the forum.
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