Penny Auction REVIEWS – Which Penny Auctions are the BEST Bargains?

Smartbid.com soon to enter the lowest unique bid arena will face stiff competition.

Smartbid-Review

Website: www.smartbid.com/
Administrative Contact, Technical Contact, Zone Contact:
bidorbuy.com Inc
Andy Higgins
PO Box 815 Strathavon
Johannesburg, Gauteng 2031
ZA
+27 (82) 803 2223 begin_of_the_skype_highlighting              +27 (82) 803 2223      end_of_the_skype_highlighting
+27 11 259 1179 [fax]
andy.higgins@bidorbuy.co.za

Domain Registered: November 2009

PAI Member Rating:

(13 votes, average: 2.92 out of 5)
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With many companies competing to enter the penny auction market, there will be fewer and fewer winners. With new sites opening up all the time the penny auction pie is becoming smaller and smaller and anyone looking to jump in on this supposed cash cow is assuredly mistaken. With many auctions not making it past there 6 month mark, the question has to be asked is it worth it to open another auction? And apparently the answer is starting to become a resounding “NO”. With established penny auctions like Bidstick and Swoopo accounting for much of the “Penny Auction” craze most penny auctions or even unique lowest bid auctions that open up will not see the same amount of success as there would be counterparts. Unless there is some dramatic difference from just another swoopo clone being released most penny auctions will be akin to a red headed cousin that gets no respect or love.

Smartbid.com will be opening soon and we would love to hear from the company or from users as to there experiences with or in the site.