subject: What To Watch Out For On Fashion Penny Auction Sites [print this page] What To Watch Out For On Fashion Penny Auction Sites
What To Watch Out For On Fashion Penny Auction Sites
Fashion penny auctions can be extremely fun, and rewarding if you play them right! They are a great way to win designer handbags, accessories and gift cards to exclusive stores for up to 95% off the retail price. Fashion auction sites have become super popular over the last few months with LuxeWin, OohIlove and Fashion Bay as the three leaders of this type of new fashion website phenomenon.Yet, if you are a beginner bidder you will be overwhelmed with the competition but don't worry we have you covered. Here are a few things to watch out for on penny auction sites.
Make Sure The Site Guarantees Authentic Merchandise
It is easy to get lured into a site boasting luxury designer ties but you want to be assured that the product is in fact authentic. Look for a site's seal of authenticity on all of its merchandise and a guarantee for a full refund. Sites like LuxeWin and OohIlove are two that guarantee their products are the real deal and will refund you the full purchase price if you are not completely satisfied.
Expert Penny Auction Bidders Are Armed And Ready
Many expert penny auction bidders have been actively participating for a while and are extremely good at it. They have accumulated a lot of knowledge about winning strategies. If you are a beginner you should probably confine your bidding to Beginners Only auctions where you odds are much highers. LuxeWin gives you 5 Free Bids just for registering so you can play with their bids before considering a bid pack purchase. Stay away from the most valuable items for auction since those expert bidders often target those items with major bid pack purchases. Study prior auction results to understand which types of items are won for a lower percentage of their worth price.. You will have a better chance at winning these smaller auctions and when you finally get the hand of it you can move onto bidding on bigger and more expensive items.
Look out For "Jumpers"
Jumpers are bidders who wait till the last few seconds of an auction to place their bids. They wait till the other bidders have exhausted all of their bids so they can start placing their bids. Since they are usually expert bidders they will probably have way more bids than a beginner which helps them win the item. Try to not bid too early on and wait till the last few seconds to place your bid. If it is a hot item most bidders will wait until the last minute so just sit back and watch and once you think the auction is dying down a little, start playing.
Good Luck!
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