Have you bid on TagVillage’s penny auction “bazaar?”
TagVillage.com, which from what I can gather is a new social networking site with a bit of a twist. It doesn’t look like their social networking feature is up yet, where users can “Connect with friends, relatives, and business associates on this amazing new social platform that interacts with other major social media.” However, a few members told us that they just rolled out with their form of penny auctions last night.
According to TagVillage’s about page, they’re a TX corporation (I checked the TX SOS, they are), with 26 stockholders.
TagVillage’s mission statement “We will work tirelessly to create an extremely useful platform where our members connect, earn, and share. We will become the single greatest source of financial blessings for great Causes throughout the world.”
In light of this, they have a “tithing by-law” which states that they tithe 10% of gross revenue each week.
According to their tithing reports they’ve donated to the following charities:
Operation Blessing Intl., Phoenix House, Rhummy Wara, Samaritan’s Purse, School on Wheels, Seeds of Help Foundation Guatemala, TornadoRelief.org, Springs Rescue Mission, Steven Spring Foundation, Zac’s Legacy Foundation, Women for Women, VRX, United Way, JDRF, HandsON Tokyo, HelpAge INdia, Easter Seals, Global Volunteers. The Climate Project, Brain Injury Association, CAN, DYNA, American Red Cross, American Cancer Society, Assisi Animal Refuge, ADRA, Convoy of Hope and other organizations.
Donations to date, according to their site are $12,225, $5,290 pending, they already have 14,901 villagers. There seems to be a revenue referral model involved so much of the info found online are affiliate earning videos, etc.
Tagvillage’s Penny Auctions
What may be particularly interesting to penny auction bidders is tagvillage’s “Bazaar” which allows members to list their own penny auctions.
I bought a few bids to test it out, but to my surprise a message popped up that said “It appears you do not have enough Credits to buy bids. You can get Credits: get credits,” though on the item pages there is no minimum bid requirement stated anywhere.
There are two types of community penny auctions offered on tagvillage:
Item Auctions and Tag Auctions. Item Auctions seem to me more of a reverse penny auction, where items decrease in price with each bid until the auction reaches 0.10 in tagvillage credits. Tag Auction items, similar to the traditional penny auction, start at 0 and the price goes up with each bid, but it does look like they have reserves aka target prices tags are a form of advertising.
Credits are $1 each.
Tagvillage states to offer a buy it now feature on every auction, unlike the buy it now feature many of us penny auction bidders are used to: Tagvillage’s buy it now let’s the user who chooses to buy the item win it and all other bidders will receive a complete refund and the auction will end.
Tagvillage’s buy it now example:
|Global Value Price:||100.00 tagvillage Credits|
|Discount:||60.00 tagvillage Credits (Your Bids x Bid Price of 0.50 tagvillage Credits each)|
|Buy It Now Price:||40.00 tagvillage Credits|
Active items include an iPad, Amazon.com & eBay.com gift cards.
Have you bid on Tagvillage? Let us know about your penny auction experiences. Please join our forum!
That’s why online pharmacies is becoming more pops over the last years. Well-known are remedies which are used to reduce inflammation caused by inflammation of the skeletal muscle etc. There were only few examples. Did somebody tell you about canadian generic Viagra? Maybe you already know about the matter. Sexual dysfunction can be a result of a physical condition. Even when it has a physical reason, psychological problems can make the disorder worse. Sex drive problems are so commonly a product of how you feel that there is something to that “headache” saying after all.