Penny Auction News

The Penny Auction Pool Is Draining!

Well, we thought an overly dramatic heading would catch your attention. Did it work? Over the past year, we'd seen a number of large and small penny auctions come and go. The penny auction industry has been around for a long time and when veteran auction website go out of business, we notice. Here's a [...]

2017-05-18T18:43:27+00:00 February 21st, 2017|Penny Auction News|

Beezid May be Out of Business

Is Out of Business? In our previous post on Beezid closing its doors, we reported that there were signs that the long-running penny auction appeared to be having some trouble. In seeing that auctions had been paused that that a number of bidders had complained of non-delivery of won auctions, all signs were [...]

2017-05-18T18:43:28+00:00 October 19th, 2016|Penny Auction News|

Is Beezid Closing Its Doors?

In recent days, we've noticed that auctions on have stopped running. In paging through the beezid website, we could not find a single active auction (which is quite out of the ordinary). No messaging on the website indicates that the penny auction is closing it's doors, nor do they mention technical problems. So [...]

2017-05-18T18:43:28+00:00 October 4th, 2016|Penny Auction News|

BiddyBomb – A New Penny Auction is a new penny auction website which launched just a few weeks ago. We had the opportunity to interview BiddyBomb's founder, Trey Schneider, to learn more about the Biddy Bomb penny auction. How long have you been in business? We have been in business for about 6 weeks. How many auctions per day? We [...]

2017-05-18T18:43:28+00:00 August 24th, 2016|Penny Auction News|

Comparison: Penny Auctions vs. Ebay

For years now, we've seen penny auction websites compare themselves to ebay. The general marketing message behind this comparison says this: "If you like ebay, you'll penny auctions". Quibids ebay Comparison Above, we see a sample comparison which uses in marketing promotions. In the promo, Quibids explains to consumers that their auctions: Ship [...]

2017-05-18T18:43:28+00:00 August 17th, 2016|Other Auction Reviews, Penny Auction News|

Penny Auctions with Winning Guarantees

Over the past year, we've seen a number of penny auction website implement a winning guarantee of some kind. In general, the penny auction winning guarantee is something offered to ensure (or at least improve the odds-of) a new bidder wins at least 1 auction. From the Penny Auciton's standpoint, this reduces refund requests and [...]

2017-05-18T18:43:28+00:00 June 1st, 2016|Penny Auction News, Penny Auction Strategy|

OrangeBidz Now Offering a Winning Guarantee

As time goes on, penny auctions all start to look the same in a few ways. Well, we'd like to bestow the honor of "It's about freakin time" today to OrangeBidz, who finally offers a winning guarantee to NEW BIDDERS. How the OrangeBidz Winning Guarantee Works Applies to new bidders only. Not a member, sign-up [...]

2017-05-18T18:43:28+00:00 May 24th, 2016|Penny Auction News|

A Penny Auction with Free Auctions?

It sounds a bit ironic, doesn't it? The entire penny auction concept is centered around the center idea that we (the bidders) pay for bids in order to participate in penny auctions. Recently, one of the top penny auction websites opened it's doors to free bidding. Now to clarify- SOME auctions are free. How HappyBidDay [...]

2017-05-18T18:43:28+00:00 May 17th, 2016|Penny Auction News|

The BBB and Penny Auctions

The penny auction industry is no stranger to scrutiny. From consumer protection groups to almost every media outlet, penny auctions are often criticized for their business practices. Below, we've summarized ratings of penny auctions by one of the most-respected sources, the BBB (Better Business Bureau). Please note that the below does not mean that these [...]

2017-05-18T18:43:28+00:00 October 13th, 2015|Penny Auction News|