Tuesday, December 29, 2009

Scoring Big For Little—penny Auctions

PR Log (Press Release) – Dec 29, 2009 – Have you ever enjoyed the excitement of an auction? Auctions exist in many forms and are as diverse as the people who participate in them. I’m sure we have all heard of home auctions and police impound auctions. These can be great places to score amazing deals on high-end items.

   A new craze has been gripping the internet as of late. Most people are familiar with many of the online discount retailers.  Amazon, Ebay and Overstock offer very competitive prices on a large variety of items. New to the internet shopping market are penny auctions. Penny auctions are quickly becoming one of the best methods for purchasing all sorts of items at the lowest prices anywhere.  Many of these items will sell for just pennies and auction winners continually walk away with the latest and greatest gifts without draining their bank accounts.

   Swoopo was one of the first and is now one of the best-known penny auction sites on the internet.  Other sites such as BidRodeo, NitroBids and BidTix have since popped up. Each site provides a slightly different type of penny auction experience.  But most of the products that are found on each of those sites can be found on the others as well.  If the product you are looking for is not there when you initially visit the site, give it some time; the auctions are constantly updated with new products. So if you look around, you are bound to find the item or items that you are seeking.  

   Using these sites can be a great way to save hundreds of dollars on high end items for the home or for gifts. Many people with limited budgets are finding that they are able give better gifts and have the latest in technology without breaking the bank.

   Each auction site requires the creation of an account. Some auction sites such as Nitrobids will give you free bids just for becoming a member. These free bids can be used in any of their auctions and could help you to win big. The prices of the bid packages very slightly from site to site with larger bid packages being sold for an increasing percentage off with each successively larger package.  Try looking into buying one of larger bid packages for the best value. With a large amount of bids, you increase your chances of winning exponentially and help you to win not just one item, but multiple, high-value prizes.

   Penny auctions are a smart investment. Purchase just one bid pack for $10, $20, or even $100 and you could walk away with thousands of dollars with gifts for others or for yourself. Buy a big-screen LED TV with a surround sound system to watch the big game or get the latest game system such as a Wii, Xbox or PS3 to enjoy with good friends and family.

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