Recently launched, ScoreLuxe is a penny auction that is exclusively offering “high-end,” luxury items.
[pullquote]”We want to provide high value luxury items at amazing prices due to the power of collaborative shopping. Therefore, the winners will be scoring luxury… scoreluxe.com!”[/pullquote]
ScoreLuxe has told us that they have just shipped (for free) all 14 of their ended items, they’ve been open for about a week now.
Upcoming items include a Chanel wallet & $500 gift cards to Bloomingdales & Tiffany’s.
We’ve asked ScoreLuxe some questions to learn more about their site.
Penny Auction Watch: What sets ScoreLuxe apart from other penny auctions?
ScoreLuxe: Scoreluxe is an exciting new penny auction website that is focused on high value / luxury items, giving our users an opportunity to acquire coveted luxury items at steep discounts. While our product mix is diverse, we auction items such as $5,000 Gift Cards, Gold Products up to 1 Kilo+, Luxury Hand Bags, Watches and the like. While some players currently offer a limited selection of “luxury items”, ScoreLuxe is the first player in the space to focus exclusively on such high value items, hoping to expand the penny auction space from consumer electronics into the high value/ luxury goods market.
Penny Auction Watch: What got you interested in the entertainment shopping industry?
ScoreLuxe: Prior to starting ScoreLuxe, we were experienced in the financial services industry, most notably financial trading and we found the entertainment shopping industry to have many of the same characteristics, regarding transaction oriented commerce. Additionally, we think the mechanism behind entertainment shopping, the collaborative nature of the product enabling users to acquire items at such steep discounts is not only engaging but the future of ecommerce. As both penny auction participants and now site owners, we feel this is a burgeoning opportunity with lots of future growth, all to the benefit of the consumers.
Penny Auction Watch: How long have you been open?
ScoreLuxe: Our first auctions ended on September 21st, one being for a $1000 Neiman Marcus card. We’ve since had 14 ended auctions.
Penny Auction Watch: What kind of items do you offer/ have lined up? Do your auctions run on a schedule?
ScoreLuxe: We are exclusively focused on high value/ luxury items and hard to find goods. We want to provide a resource for members to acquire coveted goods and a price they can afford. We intend to offer certified gold coins and bars, high end luxury handbags, $5,000+ gift cards and more.
Our auctions will have a schedule and we will run auctions daily. As noted above, while some auctions are seat auctions, minimum seat purchases will not be required for an auction to start, keeping the action fresh on the site.
Penny Auction Watch: What are the timer increments between bids/does this vary by auction?
ScoreLuxe: It may vary, but typically our auctions will be 1 cent auctions with 20 second increase per bid.
Penny Auction Watch: How much are your bids?
ScoreLuxe: $0.99 per bid
Penny Auction Watch: What are your shipping costs? How long does it usually take for users to receive their items?
ScoreLuxe: Shipping is free and we will ship within 14 days, unless otherwise specified in the auctions terms. We pride ourselves on fast delivery.
Penny Auction Watch: What states/countries are you open to?
ScoreLuxe: United States. We are looking to expand in the future.
Penny Auction Watch: What is your policy for bid refunds?
ScoreLuxe: All seats and bid packages are nonrefundable. Items can be returned, unopened within 14 days for full refund.
Penny Auction Watch: Are there any win limits, limits /household?
ScoreLuxe: We would like to not limit winners, however, will monitor this situation closely. If we find any winners are ruining the overall expertise for all our bidders, we will impose limits accordingly. We do feel however, with proper competition and auction fairness, win limits will not be necessary. As noted, we will impose reasonable win limits if it will improve the overall user experience.
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