Penny Auctions Free Bids
There is no doubt you will win amazing deals at penny auction sites, but the sting in the tail is you will need to invest some capital first. The reason, unlike traditional auctions bidding is not free there is a fee you pay each time you press the bid button.
To get the feel of how penny auction sites work you will need to find a site where they offer free bids to new customers. This saves you money while you work out a strategy and get a feel for the site. The best part is you could even win a product for absolutly nothing! Of course there is no guarantee, but it is possible.
So where do you get these free bids from? Well most penny auction sites will offer you an incentive. There are basically 3 types of penny auction sites.
- Free bids when you register
- Free bids through coupon codes
- Free bids on bid pack purchases
The simplest of all them all is the free bids. They attract new customers by enticing them to join with free bids. You sometimes will get a bonus amount to what is shown on the website. This can be a nice surprise. Also in the fact you will get more bids for free without spending a penny. No pun intended.
Some auction sites will give you discounted prices through coupons or sometimes free bids. They enable you to purchase bid packs at discounted prices. The coupons are mainly given out to members, websites and blogs. This enables the penny auction to promote it self and attract new customers. To find these coupons you will need to search for them. There are plenty around on the web.
The last of there marketing schemes are to give discounts directly when you pruchase your first bid pack. You may find that some penny auctions have a staggered pricing structure, where by if you purchase more bids, they cost less. The down side to this is you will need money up front. Always use caution. you dont want to go spend your hard earned money on a scam website. Always do your diligent checks first.
My personal preference is to find sites that have free bid offers. Its a win/win situation for you and the website. If after the free bids you have been used and you get a good feeling about how the site works, what prizes they have to offfer etc. By all means purchase your bid packs and have fun. Who knows you may even just win something.
I have been doing my own investigation on the web. I have done this in aid to help my readers out. Saves you the hassle. I have found a great website that I think you take a look at. They offer free bids, I also know you get a nice bonus amount of bids to what is advertised on the page. Check them out here What have you got to lose. Happy bidding.