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 [...]
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 [...]
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 [...]
OrangeBidz has long been one of our favorite penny auctions. It not being a mega-penny auction makes competition reasonable and the overall reputation of the site is good. OrangeBidz pushed out an email this week announcing their 3 year anniversary with a few specials. Bids for 12 cents (their lowest price ever) 4x more auctions [...]
OrangeBidz.com is one of the smaller penny auction sites, offering a ‘less competitive’ community than sites like Quibids or DealDash. OrangeBidz is a pretty basic penny auction site, and operates in much the same way as sites like Quibids. If you are looking for a new penny auction site with less traffic and competition, than [...]
Quibids Buy Now Most penny auction websites operating today offer Buy It auctions in one form or another. Buy It auctions are auctions where the auction losers can purchase the item at hand (often at retail value) and either receive a credit or refund based on the number of bids they have [...]
