AjaxpHpPennyAuction.com Sells Script with Bot “Test” Bidders

December 28, 2010

The AjaxPHPpennyauction.com penny auction “Swoopo Clone” script is being sold with automated bot bidders, the admin console of the demo site (and also of live sites) states that these “automated users” are for testing purposes, but what’s stopping a less than honest penny auction operator from turning them on? If you’re a new to penny [...]

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Gift Cards Really Ending for Pennies on TheOutbidders

OUTBIDDERS December 16, 2010

Bidders are hardly even being outbid over on TheOutBidders.com! Good Variety of Gift Cards TheOutBidders.com is a penny auction site that launched in October and offers primarily evening auctions for gift cards from $25-50. Previous auctions have included: Aeropostale, Old Navy, Target, Overstock.com, Nike, Starbucks, AMC, Outback Steakhouse, iTunes, Bed Bath & Beyond, Wal-Mart, Amazon, Red [...]

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Entertainment Auction Association Formed

eaa December 8, 2010

It’s been a while since good news was shared here on the penny auction industry, and I know a few critics have said this site is pretty negative, and unfortunately this is not without reason. There are shady operators that are, and have been, ripping consumers off and giving the entire penny auction industry a [...]

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Our Totally Free Practice & Demonstration Penny “Auction” Site Launches Today!

shillo December 6, 2010

UPDATE 12/18/10: JONATHAN SMITH OF PENNYAUCTIONCOMMUNITY.com FORMERLY MIDPENNY.COM sold the Shillo.com script to me illegally when I asked him if he had resale rights. He sold it to me anyway and he was not entitled to do so. I did not have the right to purchase the software according to Scriptmatix, and apologize to Scriptmatix [...]

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More E-Tailers Adopt Entertainment Shopping!

pennydrop December 4, 2010

We don’t have to tell you that many entrepreneurs have been revolutionizing the future of e-commerce. Like Frank Han, CEO of Swoopo said in our interview, “I like to think about Swoopo as being apart of this e-commerce 2.0 revolution that includes Woot, the Gilt Groupe, Groupon & LivingSocial. I think that penny auctions fall into [...]

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Penny Auction Watch Talks With the CEO of Swoopo

swoopo frank han December 3, 2010

Back in July we posted photos after visiting the US offices of Swoopo.com, I also promised to post the video of my talk with Frank Han, the CEO of Swoopo. After many months of not having the video file I was able to restore (most) of it and share it with you now. In case [...]

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Swoopo’s Christmas Mystery Auctions

swoopo xmas December 2, 2010

From now until Christmas, Swoopo is offering daily mystery auctions. Today’s auction opens at 3 pm PDT and is free to bid on, all you have to do is pay the final end price if you win. Mystery Xmas Auction – Day 2 Hints:

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Spoow: Will I Get My 24k Gold iPod?

Gold Ipod Touch Spoo November 14, 2010

UPDATE 12/22/10: After this post was seen by Spoow I did get a refund of my money, they told me they only had a small number of customers. I still found it odd that they say this yet they seemed to have tons of bidders bidding on their site. You’d think I would’ve learned by [...]

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Dutch Auction for Designer Handbags Featured at TechCrunch Disrupt

toviefor November 1, 2010

This year’s TechCrunch Disrupt featured yet another (previous sites include OffandAway and StuffBuff) new entertainment shopping startup, ToVieFor.com. What is ToVieFor? ToVieFor is the first Dutch auction exclusively for designer handbags and accessories. In case you’re unfamiliar with the Dutch Auction concept: A Dutch auctions, also known as a “price drop” or “reveal” auction, are [...]

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New Reserve Based Penny Auction Awards 3 Winners Each Item

pongow October 27, 2010

New penny auction PonGow.com just recently launched their new reserve-based penny auction, they plan to auction off a new Smart Car, however in order for it to sell they have to receive the reserve of59,900 bids. What is your opinion of high-reserve penny auctions, are they worth bidding on? PonGow is a bit different from other [...]

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Penny Auction Site Closes After 4 Days in Operation

PennySlam Shuts Down October 21, 2010

[pullquote]We would rather cut our losses now then deal with the headache that Penny Auctions website bring to the business owners and the many that will never win an auction[/pullquote]PennySlam.com, a penny auction site that opened on October 15th just closed on the 19th, they were in business a total of 4 days before they [...]

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Why Do Penny Auction Sites Close?

penny auctions out of business October 13, 2010

When looking back over the last year and a half there sure have been a lot of penny auctions site that have come and gone, the Penny Auction Watch℠ Out-of-Business Penny Auction site list hasn’t been updated in awhile, but at least another dozen sites can be added to the list of the sites that [...]

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You May Want to Do a Price Check!

price check October 10, 2010

There are a few penny auction sites that allow us to apply bids spent to purchasing items at the retail price (bid-to-buy); however, some users believe that penny auction sites are inflating the retail prices on certain items. Other sites are even charging shipping on items when they are not paying to ship the item, [...]

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Oversight is Necessary

oversight approval September 17, 2010

Over the course of the last 19 months we’ve found many penny auction sites that have done the following dishonest and/or fraudulent acts: Shill bid (bid against their paying bidders, either with software to do this, or manually). Failed to ship items out, some have even relished in this. A violation of the Consumer Protection [...]

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For10Cents Update: Interview and BBB Accreditation

for10cents September 11, 2010

UPDATE 10/1: User to have 11k in won items cancelled because she discussed For10Cents on our forum. UPDATE 9/29/10: Users are reporting slow ship times & lack of response from For10Cents when asked about their items, see discussion in the forum for more information. Back in November of last year we posted about how we [...]

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Get 60 Free Bids to SkoreIt – Promo Codes!

skoreit August 31, 2010

Looking for new free bid promo codes for SkoreIt? Visit our free penny auction forum today. New members: Input promo code BIDNOW for 10 free bids! Perhaps you’re new to penny auctions?! Join us in our forum to learn more! What’s a Penny Auction? New – Updated SkoreIt Promo Codes as of 11/15! A user posted [...]

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25 Free Bids to YooBeeDoo UK!

yoobeedoo August 29, 2010

YooBeeDoo.co.uk, the world’s first bid-block penny auction, is giving out 25 free bids for UK bidders to try them out. To obtain the 0.25 bid-credits, which will give you 25 free bids to bid on “Have a play” auctions, all you have to do is register and put the code ca6c in the promo box. [...]

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SpeedyBuys.com Another $150 Charge Penny Auction

speedybuys August 24, 2010

Seemingly following in the footsteps of SwipeBids and JumboCloseouts, Speedybuys.com is the newest penny auction that uses marketing “call-to-action” phrases to get users to sign up in a haste, enter their credit card information & purchase an initial $150 bid pack purchase. In fact, the site is so much like JumboCloseouts that they failed to [...]

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SitnBid.com a New Seat Penny Auction

sitnbid penny auction August 17, 2010

We recently interviewed the founder of the new seat auction site SitnBid.com to learn more about their ‘tournament style’ penny auction and what got them started. What do you think about seat auctions, have you tried SitnBid? Discuss this in our penny auction forum! Penny Auction Watch: What got you interested in the entertainment shopping [...]

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Prizes4Pennies.com Penny Auction

August 12, 2010

Have you bid on Prizes4Pennies.com? Just launched on July 26th,  their penny auctions really have been ending for just a few pennies, some with only 1 bid. We recently interviewed Prizes4Pennies’ owner to learn more: Penny Auction Watch: What got you interested in the penny auction industry? Prizes4Pennies: I first heard about penny auctions from [...]

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