PENNY AUCTIONS: GET A SONY PLAYSTATION 3 FOR LESS THAN $20

Posted on 15. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

It seems to good to be true, right? WRONG! Keep reading as we tell you how to you could have a
SONY PLAYSTATION 3 for less than $20.

How is it done? Simple. PENNY AUCTIONS.
Ok, So what are they?

Penny auctions are a new and exciting type of auction that has recently been …

Penny Auctions and commercial secured loans

Posted on 07. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

So, has we have seen throughout the ongoing discussion here, if you want to run your own online penny auction website, it is important to have good financial backing; one option to consider for this are commerical secured loans. However, first a note if you do choose to follow this …

Run your own Penny Auctions: Part 2

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

Run your own Penny Auctions: Part 2

In this second of a series of posts about how to setup and run your own penny auction, we will be examining the potential for gaining free marketing and driving traffic to your website.

Social networking is the latest buzz in the Web 2.0 world …

Coming Soon to the Penny Auction blog

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

We would just like to announce that we will soon be releasing a very valuable resource to all those interested in penny auctions online. This will take the form of a substantial e-book with strategies and tips! This great package will provide you with easy access to all the information …

Run your own Penny Auctions: Part 5

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

In this post on how to run your own penny auctions , we will look at site and front page design / product placement for this. As your penny auction website is new, you will obviously run into problems of users thinking about wether or not to trust your …

Run your own Penny Auctions: Part 4

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

In this post on how to run your own Penny Auction, we will be looking at why all the systems use bid packs – and how they can be used to make your penny auction website the best it can be and increase its revenue to a maximum.

By using bid …

Where the Penny Auction websites make their money.

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

Contrary to popular belief, it is most likely that each auction is not a ‘gamble’ for the website. Whilst they may ‘lose money’ on some, this is not actually where most of their profit is made. Instead of examining the number of bids placed on a single item, …

Run your own Penny Auction.

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

Penny Auctions have generated a great deal of interest in the last year, and with this many people have been asking about how to create and run a Penny Auction website. It’s time to develop to stop being the bidder and start being the auctioneer!

In this blog, we will aim …

Run your own Penny Auction: Part 3

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

The next thing to consider when thinking about creating a penny auction is the types of products that you are going to offer for people to bid on and win. You need to think strategically about this.

The most popular penny auction items / products to consider are generally high end …

What type of Penny Auction user are you?

Posted on 03. Feb, 2009 by in Industry News, News, Uncategorized, Updates, Worldwide

Different types of auction user.

So, you’re ready to enter the world of online penny auctions? At least you think you are.  To make sure you are as prepared as possible (also for a bit of fun), take a look at these penny auction (and normal auction) bidder profiles – see …

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