October 2009

BidRay Items

by Amanda Lee on October 31, 2009

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Has anyone tried BidRay? They have a $350 Macy’s gift card opening at 3PM CST today, this has to be one of the largest gift card values we’ve seen on a penny auction. They also have a MacBook Air auction that is currently paused overnight with 2,088 bids.

Discuss BidRay in the forum.

(Disclosure: We receive compensation from BidRay for a support forum, check it out!)

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Halloween Special on Penny Purses

October 30, 2009

Penny Purses is having a special “Magic Pumpkin Wildcard” auction. This a special Halloween Auction. “By winning this auction you may select ANY purse that is currently listed on this site that has more than 10 hours remaining.” (Disclosure: PAW receives compensation  from Penny Purses in the forum of a paid support forum & referral [...]

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More International Penny Auctions

October 30, 2009

That’s right, now we can add Indonesia and Turkey to our expanding list of penny auctions. A reader recently told us about Swinde.com, the penny auction that he uses in Indonesia: Atlantic Auction, which offers software in ASP, operates the Turkish penny auction Ucuzacik.com. They tell us that there are 250,000 live users on their [...]

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Zoozle Changes Win Limits Again

October 29, 2009

Zoozle just changed their win limits again. Thanks to overwhelming feedback from our users, we see that our last win limit changes need some fine tuning. The new limit categories are $0 – $250 and $250+, and you are only allowed 3 wins in the $250+ category and 4 in the under $250. Please let [...]

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JungleCents Free Bid Auction Starting Soon

October 29, 2009

JungleCent’s free bid iPod shuffle seat auction has (finally ) received the required 75 bidders and is set to begin Nov. 1st at 3PM EST. With unlimited bids and 75 (or less) people bidding it will be interesting to see how this seat auction goes! Register and try JungleCents.

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Studies on Penny Auctions

October 29, 2009

If you want to study bid-fee/penny auctions, lowest unique bid auctions and game theory a bit more in depth here are a few scholarly papers that we’ve come across: Penny Auctions Toomas Hinnosaar Department of Economics, Northwest- ern University, (Department of Economics, Northwestern University) (October 15, 2009) Slides Pay-As-You-Go: Theoretical and Empirical Analysis of a [...]

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RockyBid’s New Theme

October 28, 2009

RockyBid’s new theme is now up, but the transition isn’t complete yet.

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1Kuaipai the First Chinese Penny Auction

October 28, 2009

1Kuaipai.com,  the first penny auction for Hong Kong users has opened today. The auctions are available in English and Traditional Chinese. Kuai Pai: What does the name mean? Here’s a little lesson in Mandarin: “Kuai” is Pinyin for the Mandarin slang word meaning ‘buck,’ it is also Pinyin for ‘quick.’ And ‘Pai Mai’ is Pinyin [...]

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Interview with GetitforaCent

October 28, 2009

The owner of GetitforaCent.com recently introduced himself on the forum and just told us more about his new penny auction site and what got GetitforaCent started. Penny Auction Watch: What got you interested in the entertainment shopping industry? GetitforaCent: I started out working as an auto mechanic, working for dealerships. I did that for about [...]

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Bidso Begins Phase 2 Development

October 28, 2009

Hello, Ryan from Bidso.com here. We certainly wouldn’t keep you waiting, and have officially begun development of Phase 2 development which will take approximately 2-3 weeks to go live. We have hired one of the most reputable programming teams around and they are allocating all their resources to complete this project as fast as possible [...]

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BidTrotter to Auction $1000

October 28, 2009

Getting low on cash?  This coming Sunday (November 1st) BidTrotter.com will be auctioning $500 and if the auction price reaches $35 they are going to double the win to $1000, payable through PayPal. There will also be a Simmons Electronic Drum set on Monday for all of you musicians who missed out on the Epiphone guitar [...]

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Penny Auction Wavee Opens

October 28, 2009

Penny auction Wavee.com just opened.  A few weeks ago Wavee allowed us to beta test their auctions and donated a netbook to the Boys & Girls Club on our behalf. Read our interview with Jacky from Wavee: Penny Auction Watch: What got you interested in the entertainment shopping industry? Wavee: Wavee wanted to create a [...]

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Penny Auctions Arrive in Malaysia

October 27, 2009

The worldwide penny auction trend continues. There’s penny auctions in Australia, Japan, Switzerland, Ireland, and Germany now there’s one (or many more) in Malaysia. PennyAuction.com.my claims to be the first. And with 7 pages of testimonials and an Alexa ranking of 183,935, it looks like they are getting pretty popular. This Malaysian penny auction currently [...]

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RockyBid 2.0 Almost Here

October 27, 2009

RockyBid is currently moving over to RockyBid 2.0 and auctions are suspended, here’s a message from them: You must be wondering why all of the auctions have suddenly stopped. Well, get excited… it’s here… the new and improved RockyBid 2.0 is about to launch. Over the coming hours we will be re-launching the website. The [...]

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Bargains on BidTrotter

October 26, 2009

Penny auction site BidTrotter.com has some household items to help get you ready for the cold winter months! Upcoming auctions on BidTrotter include a colorful King Size Bed in a Bag,  6-quart Crock Pot ending at 7:15 EST, a Xbox Forza3 Race Seat at 8PM, Egyptian cotton towels an NFL travel mug, a Sharp Aquos 32-Inch [...]

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BidMyDreams Merges with TheAuctionSquirrel

October 26, 2009

Remember TheAuctionSquirrel? They’ve merged with the new penny auction site that we told you about, BidMyDreams.com Here’s what TheAuctionSquirrel tells us: “We are very excited to announce the merger between The Auction Squirrel and BidMyDreams. As some of you know, we have experienced a family crisis that has left us unable to continue listing auctions [...]

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BrassBids

October 25, 2009

BrassBids is another new penny auction that opened today. Have you tried them? Please feel free to discuss your experiences with BrassBids in the forum.

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RockyBid 2.0 Coming Soon

October 25, 2009

Keep your eyes out for RockyBid 2.0! RockyBid has been working hard to improve your penny auction experience. Many new updates to RockyBid will soon be released within the next 2 weeks. We’ll be sure to update you when they’re ready to release the new site! Keep your eyes out for RockyBid 2.0! RockyBid has [...]

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Dime Divas Penny Auction Now Open!

October 25, 2009

Dime Divas just introduced their penny auction site specializing in high-end fashion accessories. Each day auctions will follow a specific theme, and most importantly, they promise that they will not use bots & shills. Today is their first day in operation and they are featuring a Kate Spade necklace and bangle. “We are so excited [...]

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The New York Times on Losing Auctions

October 24, 2009

In today’s The New York Times article Losing Out After Winning an Online Auction, Alina Tugend warns readers of auction fraud and even mentions penny auctions Swoopo and GoBid: “There’s a lot of ways to lose money with online auctions,” said Sally Greenberg, executive director of the National Consumers League, a nonprofit group. … To [...]

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