Tuesday, January 11, 2011

Shop Online the Fun Way with Penny Auctions

If you are looking for a way to combine shopping with entertainment, then look no further than penny auctions. Sites featuring this type of auction basically sell a wide array of consumer goods at shockingly low prices. With top-of-the-line laptops going for as low as $113, and a host of similarly astounding offers, the appeal of these auction sites needs no explanation. What’s even better is that this is one fun way to do your shopping, the guilt-free way.

Penny auctions are the latest in “shoppertainment”: a novel way to combine two of the nation’s favorite pastimes: shopping and social gaming. Penny auctions take traditional online auctions up a notch by charging buyers for each bid they place.  In return, these sites offer the chance to purchase straight-from-the factory goods at a fraction of their retail price.  Some examples of good deals up for grabs are $100 gift vouchers at $4.85, brand new Iphones at $33.42 and designer sunglasses for $8.31.

These days, there is a penny auction site for every shopper. Some sites specialize in specific goods, such as Oohilove, which caters to fashionistas. If designer goods are right up your alley, this site offers the chance to grab huge savings on goodies from Gucci, Louboutin and Chanel, among others.  On this site, a buyer recently spent $7.17 for a $50 Macy’s gift card, winning a discount of 85%. If electronics are more your thing, you’ve got a whole host of sites to choose from. Swoopo,  Beezid,  Bidrivals and Bidrodeo are all good places for great electronics deals. However, most popular sites don’t limit the products they sell and give you many categories to choose from. Several sites have even been known to auction off cars and cash. Imagine getting your hands on $2,000 cash by paying only $36 and you can see why these sites have won themselves thousands of Facebook fans and even a write-up in Time magazine.

The thrill of a chance to win consumer goods at a steal has always been hard to resist, which is why online auction sites such as e-bay have always had a steady following. Yet, with penny auctions, buyers pay for each bid and can lose money if they don’t win the auction. With this feature, penny auctions bring the thrill of gaming to online shopping. Depending on the site, bid amounts can be as low as 1 cent or up to $10. Because of this, it is necessary to bid wisely and to apply the same common sense one would with online gaming sites.
To increase the fun factor, many penny auction sites have bonuses and contests for buyers. For example, Swoopo lets you opt to purchase the item you are bidding on at market value, so you don’t lose anything on your bids.  Even better, most sites are currently offering free bids for all each new user. So if shopping and gaming are among your interests, then a visit to one of these sites might just open up a whole new world of fun!

Learn how to get discounts of up to 95% on virtually any item. Click on this Penny Auction link for our insider’s guide on winning the best penny auction deals on computers, designer apparel, accessories and much more.http://gnspf.com/click/?s=133491&c=389048

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