Penny Auctions and How They Work

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Penny Auctions and How They Work

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Total visits: 208
Posted on: 5th Oct 2013
It's easy when your customers can get brand-name products like these for up to 99% off retail!

PRICEBENDERS� Penny Auctions allow you to bid on and win hot, name brand products for a fraction of the retail price (typically more than 90% off)!

 Every auction starts at just one cent, with the price going up by just one cent more for each bid placed. The result is usually a jaw-dropping low price!

Apple iPad 2 Tablet (16GB, Wifi) 2nd Generation Retails For: $399.00

Winning Price: $14.52

Auction Winner Binod Kumar Das SAVED 96%!

It could have been yours for $14.53!

Above is a example of a penny auction. It shows that the winning price is only $14.52. But how it works is very interesting. You buy bids and then bid on the item, if you do not win the item then the only investment is the bids you bought.

If you do these types of auctions, please make sure you have enough money to buy the bids and buy the item for the winning price.

Each auction is timed, so its not like you have to sit in front of your computer for hours. They also have a auto bid system that you could use and then walk away from your computer.

I love these auctions, its fun, competitive, and of course you could win a great item.

For more information on these auctions to to this link. http://www.12path.com/885553674505/


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