by auctionwatcher on October 28, 2009
The owner of GetitforaCent.com recently introduced himself on the forum and just told us more about his new penny auction site and what got GetitforaCent started.
Penny Auction Watch: What got you interested in the entertainment shopping industry?
GetitforaCent: I started out working as an auto mechanic, working for dealerships. I did that for about 4 [...]
by auctionwatcher on September 30, 2009
The new penny auction BuckBidz.com just wrote to us today to tell us that they are hoping to soon auction a “World Tour Vacation Package” worth up to $19,000 sometime in the next month.
The vacation is said to include Europe, Asia, and South America. This adventurous auction will start at just $0.01.
According to Website Outlook, [...]
by auctionwatcher on August 24, 2009
A user in the forum just added this useful bit of advice for penny auction bidders so we thought we’d remind you. Thanks Murano!
So many sites have an MSRP listed that is way above what you could actual buy it for. There’s nothing wrong with an auction site listing the MSRP as they [...]
by auctionwatcher on August 11, 2009
Penny Auctions aren’t cheap.
According to an SEC Filing, Project Fair Bid Inc. has raised $4.5 million to create a stealth, Swoopo style auction.
Leena Rao, for TechCrunch, writes:
Details on Project Fair Bid are limited but we hear the startup hopes to reinvent and legitimize the Swoopo business model by using a different auction methodology to improve [...]
