quibids scam - New penny auction sites give plenty of opportunities to bidders to win big. If you are looking to win a big-ticket item like an iPad, it can be extremely competitive in established sites like Quibids or Beezid. Instead, some of the newer penny auction sites have much reduced competition, thereby increasing your chances of a win. The good thing for consumers is that many of these sites do have these big-ticket items even before there are many members as they want to promote their site.
So what should you look for in the new penny auction sites?
New Penny Auction Site must be Legit
It goes without saying that you should only look for those sites that are completely legit. You can always get reviews of a site from personal blogs or review sites. You can look at the experience of the users and the people who recommend the site. Sometimes, you can take the risk with a site that is very new and doesn’t have adequate reviews. In this case, it greatly helps if you can at least contact the customer service and see if they respond.
New Penny Auction Sites should have Good Customer Service
quibids scam - Good customer service is a highly desirable feature, not just in established sites but also in the new penny auction sites. Prompt replies to queries and concerns are especially important because it establishes a culture of trust within the site and the bidders do not feel uncomfortable buying more bids and spending money.
New Penny Auctions should have Big Ticket Items
Big ticket items are the simplest to win at the newer sites. Therefore, it is highly desirable that the new penny auction sites have at least some big-ticket items like iPad or Macbook. Some of the sites are too afraid to take any risks. It is no secret that in the initial stages, the site might always make a loss that will be more than compensated for in the long run. However, some sites just do not like to invest initially and they have a very poor quality of products. Good sites, however, think in the long term and are not afraid to put up the bigger items for auctioning.
New Penny Auctions should have Low Competition
The reason anyone would prefer the newer sites over well established ones is that there is a higher probability of winning. Now it is not a given that the new sites have lower competition. There are some businesses that have a ridiculously low number of auctions, which makes them highly competitive even when there are few members. This is a short term strategy that seldom makes the sites popular and such businesses almost never really take off. It is best to avoid those.
New Penny Auction Sites should give Free Bids
quibids scam - This has become the norm rather than the exception it was a few months ago. Free bids help you test out the site and also gives ample opportunity to win without any investment whatsoever. Some sites restrict the use of free bids while others treat it just like regular bids.