High-end designer fashion penny auction site oohilove.com offers handbags and accessories including Louis Vuitton, Tiffany, Gucci, Chanel, Marc Jacobs, Tory Burch and more.
Read our interview with oohilove to learn more:
Penny Auction Watch: What got you interested in the entertainment shopping & fashion industry?
Fashion has been something that all of us involved have always had a strong love and passion for (especially the higher end luxury goods…who doesn’t love a Louis Vuitton Speedy?!?). During business school we started looking at companies like Swoopo and fell in love with the business model because it made shopping fun and exciting. We thought it was a great way to marry our love of luxury fashion with a desire for affordability…a way to redefine affordable luxury!
Penny Auction Watch: You’ve been open since the beginning of December, right? How has the response been?
So far the response has been really positive! Our users have been loving the product selection and amazing discounts, and they’ve been great at providing us with valuable feedback. We’ve actually had even more users than anticipated, so now we are working hard to increase capacity and improve the overall performance of the site to provide for a enhanced user experience. There are definitely many more great things to come from oohilove in the New Year!
Penny Auction Watch: You have a lot of top-fashion, designer items such as Burberry, Gucci, Louis Vuitton, Chanel, and Marc Jacobs. Do you currently have these items in stock?
We try to keep as many items in stock as possible (especially for our more exclusive brands/items that sell out quickly in stores!)
Penny Auction Watch: How many auctions do you currently run per week?
We currently run between 4-6 per day, totaling to 20-30 per week. Our goal is to become to the leading high-end fashion entertainment shopping site, so, we plan to continuously increase our number of auctions and product variety in the near future.
Penny Auction Watch: Do your auctions run on a schedule?
Yes, each auction is set to run on a schedule. Since our launch in December, we’ve been trying out new schedules every week and getting feedback from our members to see what end times are preferred.
Penny Auction Watch: What are the timer increments between bids/does this vary by auction?
Each bid increases the timer by 15 seconds. This is consistent across all auctions.
Penny Auction Watch: How much are your bids?
Our bid pack prices are as follows:
- 30 Bids – $29.99
- 50 Bids (+ 2 Free) – $49.99
- 100 Bids (+5 Free) $99.00
- 200 Bids (+12 Free) – $198.00
- 400 Bids (+28 Free) – $396.00
- 800 Bids (+64 Free) – $792.00
Members also get 1 free bid for registering and 10 free bids if they refer a friend who purchases a bidpack.
Penny Auction Watch: Can you tell us about your bid-to-buy options?
When members participate in our auctions, they have the option to “Buy it Now” which means they can purchase the item they are bidding for at the “valued at price” less the amount of bids placed on that auction. Each bidder has up to 24 hours after the auction closes to decide whether or not he/she would like to “Buy It Now”.
Penny Auction Watch: What are your shipping costs? How long does it usually take for users to receive their items?
Within mainland US, products valued at under $100 have free shipping. For all products valued at over $100, shipping costs are $12.90. Winners should expect to receive their products from 2 -10 business days.
Penny Auction Watch: What states/countries are you open to?
Although oohilove.com delivers to (almost) any country, 0ver 99% of our users are from the US.
Penny Auction Watch: What is your policy for bid refunds?
Although we do not offer refunds on bid packages, we have a 100% Satisfaction Guarantee policy on all of our products. We offer full cash refunds, within 14 days of purchase, if you’re not fully satisfied with your designer label product.
Penny Auction Watch: Are there win limits, limits /household?
We have limited the number of auctions each user can win to six in a 28 day period. We do this so that as many people as possible can have the opportunity to take advantage of oohilove’s amazing savings!
Penny Auction Watch: Is there a story behind the name/theme?
Our vision has really been to introduce fashion lovers to a site where they could have fun shopping for the most coveted designer label handbags and accessories. With our name, we wanted to capture the emotion that shoppers feel when they see something that they have to have. We thought the name oohilove.com (pronounced “Ooh! I Love…”) really captured that while still feeling chic and luxurious.
We would love to offer all PAW members a 10% discount on the purchase of their first bidpack on oohilove.com! Please use the discount code: OOHILOVEPAW.
At oohilove we hope to provide our users with a fun place to shop where they can get some amazing deals. It is our mission to provide our members with the best luxury products and superior customer service. We are not happy unless you are happy. We hand select styles and source our items directly from the manufacturer or distributor to ensure you get authentic, brand new products. We are always open to suggestions for how to improve and develop our service, website, and product range. We would love to hear from you!
Thanks for telling us more about your designer fashion penny auction, oohilove!
(Disclosure: Links to Oohilove are referral links, if you decide to register on Oohilove.com please register with our link. Thanks!)
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