Penny Auction Sites Versus Groupons
Penny Auction Sites Versus Groupons
Penny Auction Sites Versus Groupons
If you love to save money and are always looking for that bargain, you have most likely heard of penny auctions like Quibids, BidOnX, Foopile or Bidzillion as well as Groupon- the 800 pound gorilla. But you may be wondering which one of these money saving opportunities are the very best. While it is true that Groupon's will save you on "deal-of-the-day" activities based upon which city you are located in penny auctions provide you great deals on many different items. The very best thing is that the penny auction items are not dependent upon the "deals-of-the-day" so if you are in the market for a new iPad or a discount gift card, you don't have to wait you can get a great deal today!
Advantages to penny auctions over Groupon's:
1. Items are consistently offered to bid on and are not solely dependent upon "deal-of-the-day". When you visit Groupon.com if you don't like what is offered, you are pretty much stuck until the next day. The penny auction options are endless!
2. You are actually in control on penny auctions. You can choose when to bid and what to bid on. You can also stop bidding at any time. With Groupon's, once you commit to the item that is it. You have to wait for a certain number of people to commit as well in order for you to take advantage of the "deal". If they don't commit then you don't get the deal and are just out of luck for that day.
3. Penny auctions offer a wide variety of merchandise where Groupon's mainly stick with discounts on services and activities.
4. Penny auctions are far more entertaining. Once you commit to a deal on Groupon - that is it. You then just have to wait to see if others make the same commitment. On the penny auctions you are the one left to strategize to get the best deal possible. There is a technique to this not just mindless bidding. This is very appealing to many out there because of the excitement factor this generates.
5. You have the potential to get even better deals on penny auctions. If you are shopping on Groupon, you already know the maximum that you can save and that is it. If you participate and win on a penny auction site, you never know how great of a deal you are going to get until the final second ticks away and you are the last bidder standing. Again, this generates an excitement for the bidder.
6. There are actually penny auctions sites that are offering "deals-of-the-day" as well essentially the best of both worlds!
Whether you have visited Groupon, eBay, Quibids, QVC, BidOnX, Bidzillion or a variety of other sites available - if you stick with them long enough you will eventually find what works for you and where you will save the most money. And if you haven't yet visited the penny auction scene give it a try you just may be pleasantly surprised at the fun and fantastic savings you can experience.
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