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The first entertainment shopping site of its kind, Swoopo has offered over 200,000 auctions since 2005. In observing the current entertainment shopping landscape and surveying bidders, they’ve found the following concerns that users have with penny auctions generally and Swoopo in particular:
Auctions took too long
Questions of shill bidding, were real people winning auctions?
Some didn’t even understand what [...]
We just received a message from Vamooza.com’s new owners tell us that they have lost their funding and will be refunding bids and selling the site.
“We have lost our corporate backing and can no longer continue doing business at the highest level of professionalize our customers have come to appreciate. All purchased bids will be refunded [...]
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Maybe you found this article because you’ve recently stumbled upon Swoopo, BidRay, BidCactus, BidFire, BidRodeo, Beezid or the like, you’re in awe of the pay-per-bid, penny auction concept. You watch the auction timers tick down and back up again (10,9,8,7….20..3.2..19…) for hours, hundreds (even thousands) [...]
We developed Penny Auction Watch to be a place for penny auction enthusiasts to go for penny auction information. To provide an outlet for open discussion & a place to let users know which penny auctions seem to be legitimate; auctions where one has a chance at winning, as opposed to sites that don’t deliver what they advertise and are quite possibly set up to rip penny auction bidders off. When we find these less-than-honest sites we'll tell you about them and what we think they're doing wrong. But we can't do any of this without your help, e-mail us if you suspect a penny auction site or have any questions!
We welcome you to join our penny auction forum and share your experiences with others!
Thanks for stopping by! -Penny Auction Watch℠, Established May 2009.
