Changes on BidYell

December 27, 2009

UK/US penny auction BidYell.com is now accepting all major credit cards and is using a fully SSL-encrypted payment gateway.   US customers do not need to pay currency conversion fees when they pay with credit cards. BidYell is  planning more changes to their penny auctions that will allow for there to be more winners. Also, BidYell [...]

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Christmas Special on SwipeItUp

December 23, 2009

Penny auction Swipeitup.com is currently running a special, they’re auctioning off 20 mystery Christmas presents per day until tonight (Christmas Eve), and as an added bonus the winner receives all of their bids back. The Swipe It Up Team is excited to announce our “Very Merry Christmas” Special. Starting Sunday December 19th, and lasting thru [...]

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BargainsandFun Needs Beta Testers

December 11, 2009

Beta testers are needed on new penny auction site Bargainsandfun.com. They just posted to the forum (where all the fun stuff is at!) to tell us that they would like to run the beta test tentatively from December 14th-17th. Bargainsandfun is located in the US and that is their target market, but anyone in the [...]

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Do You Like Long Timer Resets-Vote in Our Poll!

December 9, 2009

One of our forum users started a great poll to tell penny auction sites that timer resets of 1 and 2 minutes are just time consuming and boring. “I just do not get it, as much information that is here on PAW for the auction site owners regarding what the bidders want is so completely [...]

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Saving with 6ABC Interviews DFWBID User

December 7, 2009

Amy Buckman, the wonderful deal-seeking reporter with Action News Saving with 6ABC News WPVI-TV Philadelphia, PA recently interviewed a user of the penny auction gift card site DFWBID.com. Watch the video: Read Amy Buckman’s report here. Penny Auction Watch users have received items from DFWBID! Share your experiences with DFWBID in our forum. We just [...]

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Special Robotics Auction for UK Readers

December 4, 2009

UK penny auction Quick2Bid has just informed us that they are having special robotics auctions, starting at midday tomorrow, December 4th. Founder Viraj Karia adds, “This is a great product line-up for us as these items are so hot that they are on almost everyone’s Christmas list; like Pleo the Dinosaur, which rose to fame [...]

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PennyPlex Introduction Q&A

December 3, 2009

New Penny Auction Site Introduction: PennyPlex Penny Auction Watch: What got you interested in the entertainment shopping industry? PennyPlex: I have been an online entrepreneur and online shopper for many years.  I enjoyed participating in online auctions and decided that I had something to offer. I joined with a great team of people and Pennyplex.com [...]

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Bidding Bots Should be Illegal

December 2, 2009

The use of bidding bots should (if they are not already) be illegal. The use of them to bid against people (swindling) is totally unethical. We posted this photo back in August (thanks Duncan!). It’s an appropriate reminder to all penny auction, (pay-per-bid, bid-fee, entertainment shopping, reverse auctions, unique bid auctions, reveal/Dutch auctions) that are [...]

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Interview with New Penny Auction BidTent.com

December 2, 2009

* Penny Auction Watch: *What got you interested in the entertainment shopping industry? It looked like a cool concept to at least try out. I figured we could make some money, provide some entertainment and have fun! Plus, my background is in IT so I knew I would have to spend the extra cash to [...]

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Kia Soul on Beezid Won with 249 Bids

December 2, 2009

Penny auction Beezid has been open for about a month now and just recently auctioned a new Kia Soul, the end price was $26.56 and 2,656 bids were placed overall. The winner found BeeZid from the Howard Stern Show, he won an iMac, Call of Duty (with 1 bid), a MacBook and now a new [...]

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BidSauce Penny Auction

November 29, 2009

Penny auction BidSauce.com just opened on Thanksgiving (November 25th, 2009). Bids on BidSauce are sold as BidBoxes in increments of 25, 50, 100, 250 and 500. 25 Bids for $25 – $1.00 per 50 Bids for $45 – $0.95 per 100 Bids for $85 – $0.85 per 250 Bids for $200 – $0.80 per 500 [...]

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Penny Auction Famdabidosy Expands

November 29, 2009

Entertainment shopping penny auction site famdabidosyauctions.com has just expanded their auction hours, increased their product offering, is giving back to charity and has now lowered shipping fees.

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BidYell

November 25, 2009

United Kingdom based BidYell.com is open to customers in the UK as well as the US.  One thing that you must keep in mind, is the cost of bids are in GBP (United Kingdom Pounds). Due to the devaluation of the US Dollar, bids on BidYell have increased in price for US customers, and currently [...]

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Interview with Penny Auction Bidserk

November 18, 2009

There are many new penny auction sites opening!  We recently spoke with the  team of Bidserk.com about their new penny auction set to open next month. Penny Auction Watch: What got you interested in the entertainment shopping industry? Bidserk: What got us interested in the entertainment shopping industry was we came across Swoopo about 9 [...]

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Interview with New Penny Auction Sellmoo

November 16, 2009

Sellmoo is a new penny auction that plans to open on November 20th, we asked Sellmoo’s owner a few questions. Penny Auction Watch: What got you interested in the entertainment shopping industry? Sellmoo: I came across Swoopo and it really intrigued me, I looked more into the Industry and found it   is still largely untapped [...]

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A Gift Card for a Penny Auction

November 16, 2009

Penny Auction Bidblink is the first penny auction (that we’ve seen) to sell gift cards for bids. For $25 you can give a gift card for 200 Bids and receive 100 bids yourself and 10% of proceeds goes to charity. BidBlink has also started selling JustGive gift cards that let the winner choose which charity [...]

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PennyJersey Needs Beta Testers

November 15, 2009

Attention Sports Fans! New niche penny auction PennyJersey.com, a sports memorabilia & equipment bid-fee auction, is launching soon and they need 50 beta testers. Ok Folks, we have been waiting a long time  for this and BETA testing is finally here for PennyJersey.com. The excitement is contagious and just wait till you hear what we [...]

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An All-Pay Auction in Practice

November 9, 2009

Dr. David Zetland, professor of Environmental Economics and Policy 100 at UC Berkeley explains the all-pay auction. Penny auctions are all-pay auctions and if you ever wondered why a bidder has spent more than the item’s value this will explain sunk cost.

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BidCactus Gives Back

November 3, 2009

BidCactus is now combining their 75 bid pack purchases with a donation to the Breast Cancer Aid Foundation.  For each unique bidder  participating in the auction, Bidcactus will donate $1 to the Breast Cancer Emergency Aid Foundation – with a minimum of $25 donated.  BidCactus tells us that they look forward to continuing to couple [...]

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1Kuaipai the First Chinese Penny Auction

October 28, 2009

1Kuaipai.com,  the first penny auction for Hong Kong users has opened today. The auctions are available in English and Traditional Chinese. Kuai Pai: What does the name mean? Here’s a little lesson in Mandarin: “Kuai” is Pinyin for the Mandarin slang word meaning ‘buck,’ it is also Pinyin for ‘quick.’ And ‘Pai Mai’ is Pinyin [...]

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