CTO of Payoneer Launches Free Lowest Unique Bid Penny Auction

payoneer mibido March 17, 2011

Have you tried miBido.com? miBido.com is perhaps the first free lowest unique bid auction site. We recently contacted miBido’s founder, Yaniv Chechik, CTO of award winning global payment processor Payoneer, to learn a bit more. miBido is a new venture that was formed by Yaniv and 3 of his friends, Roy Gabriel, Adi Ben Noun [...]

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GamesZen For Sale – States Profit Yet Tells Us They Didn’t Make Anything?

gameszen March 16, 2011

A forum member recently pointed out that the new penny auction site GamesZen.com is for sale right now on Flippa.com, just 12 days after announcing their new site on our forum and also stating that they have not generated a profit. GamesZen has told us, ”Sorry guys , this system has a lot of bugs and [...]

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Interview with Soon to Join EAA Penny Auction DealDash

dealdash March 2, 2011

2 years and running, penny auction DealDash.com just recently began the auditing process with Align CPA with plans on joining the penny auction trade association, the Entertainment Auction Association. They’ve also recently informed us that they’re considering a special “no jumpers” type auction and plans on sending e-mails out tonight to members with a discount [...]

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New Penny Auction Site to Offer Semis?

penny auctions February 15, 2011

HogWildBids.com is a new penny auction site,  so new that they have not yet been assigned an Alexa or WebsiteOutlook.com traffic ranking. The domain was purchased on December 15th, yet they have queued a brand new Chevrolet Malibu LTZ set to sell this week. The Malibu has a stated MSRP of $28,979.89. That’s not all, [...]

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Which Penny Auction Sites Do You LOVE?

penny auctions love February 14, 2011

Don’t be shy! Which sites do you just love to bid on? Join in and tell us which sites have provided you with fast shipping, excellent customer service, a great product lineup, and more! The penny auction sites loved by our members, so far, include: Bunpig PennyPurses Bigggle BidFire BidNewandUsed PennyBankAuctions PennyDealz PennyPrizes iTicketBid NitroHawk [...]

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PoshBid is Back & Users Still Need Their Items

February 12, 2011

Estonia based penny auction PoshBid.com is back again, but their domain is for sale ($1,200) and users are reporting they still haven’t received items from as far back as 2009. In 2009 PAW members liked PoshBid, well, for a while, that was until the delays in shipping and items were allegedly shipped to winners from [...]

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“Products Sell for the Price You Want” Penny Auction Script Sold

February 9, 2011

Adding yet another penny auction site/developer/seller to our hall of shame.  Last month penny auction site LightBids.com was sold on Flippa.com for a mere $250. Features? Autobidding bots (= fake scam shill bidders – set up by dishonest, cheats of “entrepreneurs.”) From the description: “It’s very easy to maintain site like that because of a [...]

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Have You Bid on Bargainoo.com? Have They Really Been on CNN, ABC, CBS & MSNBC?

bargainoo.com February 4, 2011

Have you bid on Bargainoo.com? They do have a neat user interface, but not much information could be found about who runs the company aside from what appears to be a mail drop box address. “Company address: 5042 Wilshire Blvd #12529, Los Angeles, CA 90036, USA” With a current Alexa ranking of over 400K (426,275), [...]

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Interview with BidSwap.com Latest Penny Auction to Join EAA!

bidswap.com February 2, 2011

BidSwap.com is a new penny auction site that launched in November, they feature a Buy it Now option and are the latest site to join the EAA Entertainment Auction Association (pending audit). Our members have received items from BidSwap and report that they ship quick! Read our interview with the BidSwap team to learn more, [...]

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PollyWantaPenny.com Cusses Out Customers

pollywantapenny penny auction January 30, 2011

We really think that the majority of penny auction site operators need a lesson in professionalism & customer service 101 - (Not to mention a course in ethics!). Unfortunately, PollyWantaPenny.com’s management is not an exception. “A dissatisfied customer will tell 9-15 people about it. And approximately 13% of your dissatisfied customers will tell more than 20 people [...]

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Skip the Bidding War and Win Penny Auctions with 1 Bid

penny auctions January 29, 2011

Patience & timing is everything on penny auctions, you might really want a particular item and there may be dozens of others that want it too. There really are times on a penny auction site when items end for a very small number of bids, we’ve even seen auctions that have ended with no winner. [...]

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Is That Penny Auction About to Sink?

glacier January 18, 2011

It’s happened time and time again, a new penny auction site opens and bidders get some great deals, but it’s not too long before your experience and the site plummets downhill. Then, before you know it the site has disappeared and you never really won anything. What are some signs of a penny auction site [...]

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When Not to Bid on Penny Auctions

bidding fee scheme auctions January 13, 2011

Have you ever invested a large sum of bids on a penny auction only to lose due to an unstable Internet connection? How about when you had an important meeting or plans for the evening? Sometimes penny auctions can last longer than you’d expect. Be prepared and follow a few of our helpful tips for [...]

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TixFrenzy is First Penny Auction Site for Tickets

tixfrenzy January 12, 2011

TixFrenzy.com is the first penny auction site dedicated to reselling event tickets. Since launching on December 16th, 2010, TixFrenzy has sold airline gift cards, tickets to hockey, basketbowl, UFC, the Blue Man Group and TicketMaster.com gift cards. We recently interviewed Taylor of TixFrenzy to find out more about what got this new niche penny auction [...]

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PennyPrizes.com Penny Auction with Mystery Items

mystery prize pennyprizes.com penny auction site January 7, 2011

Have you bid at PennyPrizes.com? Penny Prizes is a family run penny auction site based in Bartlett, IL. Penny Prizes has been open for about 3 months now and has had closed 873 auctions. Unique to PennyPrizes.com are their mystery prize & VIP gift bag auctions, mystery prize auctions are auctions that have a value specified [...]

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CityCents Penny Auction for Local Gift Card Deals Launches

citycents January 4, 2011

There’s now a penny auction site for localized deals. CityCents.com has just launched in Baltimore and Washington DC, with plans to expand to provide users with penny auctions for local deals (gift cards) to restaurants, spas and other services. “We are a groupon spin on penny auctions. Find local deals in your city in a [...]

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BidRivals Letting Bidders Be Sellers

bidrivals penny auction January 3, 2011

Malta based penny auction site BidRivals.com has just announced “SuperBidRivals,” a new merchant program that will allow BidRivals’ users to sell products, all they have to do is pay BidRivals the purchase price of any item and BidRivals will list it for sale. From Keith at BidRivals: “This is called SuperBidRivals, the principle is simple, [...]

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Happy New Year!

happy new year January 1, 2011

Happy New Year from Penny Auction Watch! May this year be the best one yet! Looking back over the past year we’ve seen many penny auctions come and go, a few good ones have remained. We wish that the shady penny auction sites will be shut down and the honest ones will thrive. We hope [...]

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Varied & Unique Items on Buy-it-Now Site ShopBig.com!

December 31, 2010

Have you bid on ShopBig.com? ShopBig is a penny auction site that provides a 100% Buy It Now option on all of their items, this means if you spend $30 in bids on a $30 item you can have the item even if you don’t win, another example: you spent 18 bids on a $25 [...]

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Tips for Avoiding Penny Auction Burnout

December 30, 2010

Do you have penny auction burnout? You know, the feeling you get after you’ve spent so much money on penny auctions yet have little to show for it, yes it does happen to some of us . I wont assume that it happens to all of us, because some may be a bit wiser than [...]

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