Topic: 'Penny auction' sites offer chance for big bargains (Read 515 times)

Shades · « **on:** June 11, 2009, 06:27:07 PM »

'Penny auction' sites offer chance for big bargains

At a time when we're all looking for bargains, is there a catch to buying a $150 Nikon Coolpix digital camera for 34 cents? Or nabbing a $699 Apple 16GB iPhone for $8.06?

There is: While you stand to get a great bargain, you could be bidding against several thousand others in an online auction for one item, and each time you place a bid, it will cost anywhere from 60 cents to $1.

E-commerce is taking on a different spin with sites such as Swoopo and GoBid that appeal to the bargain hunter with a competitive drive. The giveaway prices on name-brand products, the limited and timed offerings, strategy play and fast pace attract shoppers willing to bid money for the chance to buy something at a fraction of its retail cost.

Swoopo.com
GoBid.com

Read full story at: MercuryNews.com

Fantasti Bid · « **Reply #1 on:** June 11, 2009, 11:44:43 PM »

This kind of new websites will take over soon.
See www.fantasticbid.com for Charity / Penny Auctions.
Everybody Wins at Fantastic Bid !

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Author Topic: 'Penny auction' sites offer chance for big bargains (Read 515 times)

Shades

'Penny auction' sites offer chance for big bargains

Fantasti Bid

Re: 'Penny auction' sites offer chance for big bargains

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