Advantages Galore In Penny Auctions

Penny auctions are not only limited to buying brand new products at incredible discounts

. Better sites actually offer their users much more. Like there can be an automatic bidder bidding for you. Want of time can prevent you from taking part in this unique shopping experience. This is where the automatic bidder comes in. You just need to set the price range between which you want the automatic bidder to place bids for you, and within that range it will keep you ahead of other bidders. It keeps on bidding on the product of your choice till the total amount of bid, specified by you as well, is used up. For e.g. you may set the automatic bidder to start bidding for you when the bidding price reaches $2 and keep bidding up to 10 times till the item price reaches $5. The automatic bidder wont start bidding for you until the price reaches $2, and between $2 and $5 it places up to 10 bids to keep you afloat in the auction.

Sometimes hidden costs in auction sites disillusion users absolutely. Good penny auctions sites dont have any hidden cost. Many sites for instance charge extra cost to ship the item won. But sites of repute offer free of cost shipping of items to winning bidders across USA.

At some penny auctions you can straightaway buy a product at 5% to 25% off the retail price. Now if you are in the middle of bidding when you decide to buy the item, the number of bids placed by you on the item is credited towards the retail value of the product, normally at the rate of 60 cents per bid if the bid cost range is 50 to 75 cents. This is known as Buy Now or Bids Refunds.

Theres a referral program offered by many penny auctions sites, in which you can refer new users through your referral link on the site and both you and your referral win 5 or so free bids. The referral in addition to this gets a couple of bids more as a joining bonus as well. Some sites even award 4 bonus bids to the referrals for joining the site.

Many a time a user can by mistake bid back to back twice while he intended to bid just once. A reputable penny auctions site will offer a safety feature to its users by not allowing them to place successive bids accidentally thus shielding them from the danger of outbidding themselves. Some also offer the watch list feature to their users which allow them to follow and monitor auctions of their choice closely.

Log onto bidzillion.com a penny auctions site that offers loads of advantages as aforementioned.

by: Robert Alfred

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