We strongly recommend that all penny auction participants arm themselves with knowledge and some strategies to avoid losing money and missing out on good deals. In this section of the penny auction blog, we’ll review both basic and advanced tips of penny auction bidding.
The biggest appeal to penny auctions is the fact that you can possible win extremely expensive items for pennies on the dollar! This, unfortunately, is also the biggest mistake. While the high-end products have the greatest curb-appeal, they also come with the most risk and competition. Oh, and they also come with the fewest wins. [...]