Interview with Penny Auction Penny Auction Items is a new penny auction that has been open for just over 2 weeks now, our members have been winning items with less than 5 bids on average right now! We interviewed the JustGottaBid team to learn more.

What got you interested in the penny auction industry? It all began with the staff here trying to find great items for low prices just as many penny bidders out there. We stumbled upon penny auction sites and thought they were the “bee’s knee’s” so to speak; until we ran into problems like slow shipping, horrid customer service, never receiving items, and the like. It was then we decided to design our own penny auction site that was always customer oriented, always shipped in a timely manner, and was always around to answer their questions.
What kind of items do you offer? Do your auctions run on a schedule?

We offer a wide variety of items, ranging from bid packs, gift cards, games, dvds, sporting goods, and much more. As our user base grows we intend on having many larger ticket items up such as computers, tv’s, appliances, etc. Our auctions run 7 days a week, but at least for the forseeable future we will attempt to have most auctions ending between mid-late morning thru around midnight.

What are the timer increments between bids/does this vary by auction?

The timing increments vary by auction, and we also have auctions that are set up in the “Seat” style in which X number of bidders buy a seat so they know they only have a certain amount of competition.

How much are your bids?

Our bids are around $1.00/each.

What are your shipping costs? How long does it usually take for users to receive their items?

We realize that everyone is out there trying to get a bargain on the things they want. With that in mind we are offering FREE shipping on ALL of our items. We will continue to offer free shipping as long as we can maintain enough customers to stay afloat! We’re looking to be a site for the customers, by the customers. Our items ship within 72 hours received payment on a closed auction.

What states/countries are you open to?

We are open to all states in the USA, including Alaska and Hawaii. If all goes well we intend to extend internationally.

What is your policy for bid refunds?

We try to be as fair as possible to all of our customers. If the situation warrants a bid refund, we will issue it. 9 times out of 10 when a situation arises we will take the customer’s side on things. If it’s an error caused by our server or site, or anything along those lines we will definitely refund bids and probably be tossing in a few extra for the trouble!

Do you have any win limits, limits /household?

Currently our win limits are set at 20 per month, with a maximum of 2 per day, per household. This is subject to change depending on how we see things are going, but it’s too early in the game to make any of those choices.

Is there a story behind the name/theme?

The only story behind it would be it was the feeling we felt when on an auction site looking at something we loved. It was that “Gotta Bid” impulse that all of us feel when we see that big ticket item at such a low price… we tried to capture that and we personally think it’s just plain catchy!

Is there anything else that you’d like to tell Penny Auction Watch readers? There’s not much else to say, except a big thank you to the administrative staff over here at PAW for extending us the chance to have an interview and get more formally introduced to your penny bidders! We look forward to seeing you on the site, and happy bidding!

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