Week 9 Penny Auction Watch Friday Giveaway: Win Amazon.com Gift Cards, Free Bids, an iPod Shuffle!

centibid giveaway penny auctionsHave you tried CentiBid.com? CentiBid is a relatively new penny auction site that launched last month. They have generously offered to sponsor prizes for this week’s Penny Auction Watch Giveaway Friday’s Giveaway!

Here are this week’s prizes:
1 – Blue iPod Shuffle 2GB
2 – $25 Amazon Gift Cards
3 -25 bids Bid Packs

6 unique winners will be chosen at random and announced in the forum next Friday!

Join this week’s Penny Auction Watch Giveaway Friday’s Giveaway!

Become a member of our forum or sign in now and enter. Join our free penny auction forum Click here.

The deadline to enter for a chance to win is Thursday, August 25th, 2011 at 11:59 pm CST. Prize winners will be selected at random and announced in the forum thread next Friday before we announce the next giveaway! (Want to sponsor a prize(s)? Let us know!).

Read our interview with CentiBid to learn more about this new penny auction!  

Penny Auction Watch: How long has CentiBid been open?

CentiBID launched on July 9, 2011 after more than five months of doing research, developing and customizing the web interface and script. For the first month (July), we were going with traditional advertisement by TV and local radio stations. And now, we would like to bring our website to Penny Auction Watch forum members.
Penny Auction Watch: What kind of items do you offer/ have lined up?  Do your auctions run on a schedule?  

At CentiBID, customers could find vast variety of items other than just gift cards. Some small thing such as office toys, kitchenware, hardwares, to high-end items. We will try to bring up at least one or two big items a month such as an iPad or a digital camera.

And yes, we do run auctions on a schedule, usually starts at 3:00 PM Central Time, and ends at 10:00PM Central Time. We are looking for a sooner start time of a day such as 01:00PM and up to mid-night.  We are running 20 auctions per day, 30 minutes per auctions. High-end auctions are usually line up after 6:00 PM Central Time.

Penny Auction Watch: What are the timer increments between bids/does this vary by auction? 

Auctions at CentiBID have 25 seconds reset time, but after 7:00PM Central Time, auctions have 20 seconds reset time.

Penny Auction Watch: How much are your bids? 

Bid is $0.65 in bundle of 50, 100, or bigger. Especially we have the pack of 220 just cost $130 which is 20 bids extra.

Penny Auction Watch: What are your shipping costs? How long does it usually take for users to receive their items?

Shipping is one of our top priorities. Shipping cost is pretty low, from $0.99 to $24.99 for very big and heavy item. We try to make it as low as we can.

We understand that customers have paid for bids, and spent their time to play on the auctions. So, when they win, we usually ship out the prize immediately after their payments. Items should arrive within 1-3 business days.

Customers deserve their won item, and they paid for Buy it now items – CentiBID would love to make them happier and have them come back soon by shipping out the item as soon as possible. We believe this way will make customer gain more confidence about CentiBID.

Penny Auction Watch: What states/countries are you open to?

Currently, we are only open to the US residents.

 

Penny Auction Watch: What is your policy for bid refunds?    

We have refund policy for purchased bids. Customer are definitely confident when joining us because they can ask for refund at anytime for their unused purchased bids.

Bonus bids are not subject to refund.

But, bids converted from won item are subject to refund when customer ask.

Penny Auction Watch: Are there any win limits on your site? What about household limits?

Win limits system at CentiBID is pretty simple, 12 items per month for an account. And we do accpept 2 accounts for 2 people per household. These 2 accounts holder must have separate email and payment information. Moreover, these 2 accounts could not participate to the same auction to prevent collusion.

Penny Auction Watch: Is there a story behind your  name/theme?

CentiBID is the idea behind the meaning of our slogan “every cent matters” – when the auction increases one-cent, that is each time that top bidder (you) could win. And since penny auctions has its ordinary name as pay-per-bid, or cent bid, then CentiBID could be centi-bid, or cent-I-bid. The letter “I” can be “I” or “1”.

Thanks CentiBID, is there anything else that you’d like to tell Penny Auction Watch readers about your penny auction site?

At CentiBID, we support Buy it now for most items from Gift Card to high-end electronic items. Just select your favorite item, and play safely.

And some more significant features at CentiBID are:

Credit Auction allows customer to convert won item to bids (up to 100%), and these bids are counted as purchased bids, subject to refund if customer request.

Second-shot for free – New bidders at CentiBID could utilize this program to play safely at our website. If first-time bidders at CentiBID could not win with their first bids pack – then ask for a second bids pack for free. Please note that this program is not applied for playing on auctions over $100. We would like to make it fun, safe, and fair enough for both beginners and power bidders.

 

Post about your experiences bidding on CentiBID and all penny auctions, join our penny auction forum!

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