Interview with Bidazzled.com

December 7, 2009

Readers have been telling us that they’ve won & received items from recently opened penny auction Bidazzled. Bidazzled is running a special offer just for Penny Auction Watch members:  Use Coupon code:  PAWS-DEC   and receive 10 additional bids in your account for a total of 15 to try Bidazzled for Free (We have had 2 [...]

Read the full article→

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 [...]

Read the full article→

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 [...]

Read the full article→

DealWonders Reveal Price Auctions

November 30, 2009

Update: Looks like there were ties to this site with past red flagged sites BidLew and BidNox. We recently interviewed the NYC based reveal (aka price-drop, Dutch) entertainment shopping auction DealWonders.com. Penny Auction Watch: What got you interested in the entertainment shopping industry? The truth is I had a moment, an “I got it” moment. [...]

Read the full article→

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 [...]

Read the full article→

Jungle Cents’ 2nd Free Bid Auction Today

November 29, 2009

Seat penny auction Jungle Cents is running their 2nd free2bid auction today for an iPod Shuffle. If you have a seat don’t forget that the auction is running right now, the bid-throttling has already begun and there is no final timer on this one! P.S. JungleCent’s Mercedes only needs 1,789 seats purchased to begin!

Read the full article→

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.

Read the full article→

Swoopo FreeBid Promotion

November 28, 2009

Swoopo is running a promotion this weekend. Purchase any bid pack now until Monday, 11/30/09, Midnight PST and receive 20% back in FreeBids. FreeBids expire after 7 days. Bids on Swoopo cost $0.60 and are sold in packs of 40, 75, 150, 400 and 1,000. Share your experiences with Swoopo in the PAW entertainment shopping forum.

Read the full article→

TdBids.net & dtr777777 Possible SCAM ALERT!

November 26, 2009

We have reason to believe that Rebecca Choe of New Jersey aka (DTR777777 on the Penny Auction Watch forum) is shill bidding on her own penny auction site TdBids.net. When we first found Tdbids.net (from a Chitika ad) we saw that DTR777777 had been “winning” many items at low prices and we e-mailed her to [...]

Read the full article→

Penny Auctions Funding Charitable Causes

November 18, 2009

http://www.flickr.com/photos/manullang/ / CC BY-NC-ND 2.0 We applaud all of the penny auctions that are giving back to the community! BidCactus has raised and donated a total of $4,773 to the Breast Cancer Emergency Aid Foundation. The next charitable organization that your bidpack purchases on BidCactus will fund is Feeding America, with thanksgiving coming up they [...]

Read the full article→

Wavee is Out of Beta

November 18, 2009

A few weeks ago we interviewed Jacky Lai, the founder of Atlanta based Wavee.com. We wanted to let you know that Wavee has successfully completed weeks of beta testing  and just yesterday launched nationwide. About Wavee: “Wavee creates a rewarding shopping and auction experience. The site introduces the concept of “Shoptions” (shopping options), which allows consumers [...]

Read the full article→

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.

Read the full article→

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 [...]

Read the full article→

Bidso Begins Phase 2 Development

October 28, 2009

Hello, Ryan from Bidso.com here. We certainly wouldn’t keep you waiting, and have officially begun development of Phase 2 development which will take approximately 2-3 weeks to go live. We have hired one of the most reputable programming teams around and they are allocating all their resources to complete this project as fast as possible [...]

Read the full article→

Interview with Penny Auction Biddango.com

October 15, 2009

We just interviewed the owner of the soon to open penny auction Biddango.com. Penny Auction Watch: What got you interested in the entertainment shopping industry? Biddango: I’ve been an entrepreneur for more than 20 years and am always looking for interesting business opportunities. When I discovered Swoopo I was blown away by the concept. It [...]

Read the full article→

Nick Lachey’s Winnit Blog

October 5, 2009

Nick Lachey of the reverse auction site Winnit.com will be blogging over on OK magazine for the next 11 days as he hand delivers Winnit wins. Winnit even has a bright yellow “Everybody Wins” tour bus. One Penny Auction Watch member won a Louis Vuitton handbag. Have you won on Winnit? Discuss it in the [...]

Read the full article→

Is There an Effective Strategy to Winning Penny Auctions?

September 1, 2009

Here’s what  user tracie_n_AnCapMan in our forum has to say: Very Simple – Win it at all costs, any other strategy is mathematically unsound. Yes that is oversimplified, but You must be willing to lose big to guarantee the win. What causes the win? a few things, the aforementioned Volunteers Dilemma is a large cause [...]

Read the full article→

Know the True Value of an Item Before you Bid

June 14, 2009

Be sure you know what you are bidding on before you risk your bids that you paid hard earned money for. Some penny auction sites will put an MSRP price for an item which may actually cost way more than what you can buy the item for in the open market. Before you bid research [...]

Read the full article→

Next Entries →