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Abstract


Claire investigates new trends in online shopping

Exclusively for YOU!

The Secret to HUGE Savings Online! As you may have noticed, a new
phenomenon is developing all over the UK, US and beyond: penny auction
websites. Everywhere on the web, in blogs, on social media, you can
read stories about happy winners who won amazing products, usually with
quite expensive RRPs attached, for an absolute pittance. But we were
not 100% convinced and that's why we decided to test them - to make
sure the great deals offered by these websites were really real. And
what better way than to test it yourself?
We wanted to buy a new Apple iPad We started to do lots of research to
see which penny auction website was the most reliable, and therefore,
the most appropriate for our test. After hours of research, we came to
the conclusion that, thanks to its wide range of products and its great
reputation, MadBid was the website to test. Usually, on these sites,
you need to buy credits to bid on auctions against other users online,
and if you win, you'll enjoy a huge discount on the product price.
MadBid was offering a limited bonus at that time: 100% extra free
credits, on your first credit purchase. We went ahead and bought the
credits required so we could fully test the website. We think the aim
of that offer was to offer customers the chance to gain brand knowledge
and prove to people that they could save a huge amount on their
auctions every day.

TESTING PENNY AUCTIONS


Why pay retail prices? Save money on loads of brand new, factory sealed
items
£17.13 £88.35 £0.28 $4.25 $38.81
$64.35
UK site: Dyson Vacuum
UK site: MacBook Air 13"
UK site: Canon EOS 650D
US site: American Mixer
US site: iPad Retina 64GB
US site: XBox 360 4GB


But how do penny auction websites offer such good deals? The items on
our favourite penny auction site, MadBid, come from closing stores,
clearance auctions and bankruptcies. It's because they get their
products so cheap that they are able to offer such low prices compared
to the usual selling price.

What can we buy in the auctions? We saw everything from cars, mobile
phones, computers, laptops, TVs, cameras, right through to vacuum
cleaners, kitchen gadgets and gift cards. Basically it's everything
that you might be looking for plus plenty more on top of that.


THE AUCTION PROCESS


Putting penny auctions to the test After a simple registration process,
we got our bonus credits from MadBid and could start bidding and try to
win products in the auctions. Before registering, we were not
completely sure how the site worked, however everything became clear
once the account was created and we had access to the various functions
and abilities within the site. We started with an auction on an item we
really wanted - a Samsung 50 inch LED TV. To our surprise and
astonishment, we won it after quite a short auction! So we ended up
paying only £57.90 for a full HD TV that's worth more like £779. To
make sure it wasn't just a fluke, we decided to try on another product
and, once again, we were surprised to see that we won! And this time,
the savings were even greater! We ended up paying £140 for a MacBook
Pro that normally costs £1,500 - quite impressive! There is absolutely
no doubt for us, no ordinary retailer can offer such great deals! Then
the delivery side of things - after winning and paying for the
products, we received them just a few days later. We didn't have to
wait for a long time to get the purchases as we thought we might have
to - it was simply amazing! In the end, we were MORE than satisfied
with our experience!
START BIDDING NOW!- START BIDDING NOW!-

PENNY AUCTION PROFITS



Read Our Book

Find out about how penny auctions work and sign up for an account to
allow you to start bidding on items in minutes!
1

Choose a Product

Look for a product you like and start bidding. Each bid will raise the
price of the product by just £0.01 which is pretty cool!
2

Pay For Your Goods

If you win the auction, you will be redirected to the checkout where
you can pay for your item with a huge discount!
3
To get you started with penny auctions, we have put together a very
useful book that will help you understand how penny auctions work plus
lots of hints and tips about how you can save money on loads of brand
new, factory sealed items to either keep for yourself or sell. The book
contains the following chapters and is available to download now: How
Penny Auctions Work In this chapter we explain how penny auctions
differ from traditional auctions along with some key points and further
information about credit packages, the timer, winning an auction and
also, importantly, not winning an auction. Signing Up for a Bidding
Account Here we guide you through the setting up of your bidding
account. Please note that bidding accounts are currently available to
customers in the UK, US, Canada, France, Germany, Netherlands,
Switzerland, Turkey, Australia and India. Tips for Winning Penny
Auctions This is a very important part of the book and as well as
informing you what items are the most sensible to place bids on, we
give you several other important tips to stay ahead of the game.
Examples of Penny Auction Bidding In this chapter we take you through
several examples of products that have been available at penny auctions
and offer a commentary of when you should start bidding and the profit
figures that you would have achieved had you won the auction and sold
the item on a platform such as ebay.

START BIDDING NOW


Please note that the product is useful to those based in the following
countries: In Europe: UK, France, Germany, Netherlands and Switzerland
Outside of Europe: US, Canada, Australia, India and Turkey The cost of
the book is £9.99 or the equivalent in your currency (plus VAT where
applicable) and the format is PDF (you will need a program such as
Adobe Reader to open the product - this or similar software is usually
pre-installed on most Windows computers). You will be redirected to the
download page immediately after payment - we will also send you a copy
by email for safe keeping. If you have any questions please contact us.
ClickBank is the retailer of products on this site. CLICKBANK® is a
registered trademark of Click Sales, Inc., a Delaware corporation
located at 917 S. Lusk Street, Suite 200, Boise Idaho, 83706, USA and
used by permission. ClickBank's role as retailer does not constitute an
endorsement, approval or review of these products or any claim,
statement or opinion used in promotion of these products. This site and
the products and services offered on this site are not associated,
affiliated, endorsed, or sponsored by MadBid, nor have they been
reviewed tested or certified by MadBid.
Contact | About | Privacy | Terms

Claire investigates new trends in online shopping
Why pay retail prices? Save money on loads of brand new, factory sealed
items
£0.28
UK site: MacBook Air 13"
£17.13
UK site: Dyson Vacuum
$38.81
US site: iPad Retina 64GB
$64.35
US site: XBox 360 4GB
Exclusively for YOU! The Secret to HUGE Savings Online! As you may have
noticed, a new phenomenon is developing all over the UK, US and beyond:
penny auction websites. Everywhere on the web, in blogs, on social
media, you can read stories about happy winners who won amazing
products, usually with quite expensive RRPs attached, for an absolute
pittance. But we were not 100% convinced and that's why we decided to
test them - to make sure the great deals offered by these websites were
really real. And what better way than to test it yourself?


TESTING PENNY AUCTIONS

We wanted to buy a new Apple iPad We started to do lots of
research to see which penny auction website was the most reliable, and
therefore, the most appropriate for our test. After hours of research,
we came to the conclusion that, thanks to its wide range of products
and its great reputation, MadBid was the website to test. Usually, on
these sites, you need to buy credits to bid on auctions against other
users online, and if you win, you'll enjoy a huge discount on the
product price. MadBid was offering a limited bonus at that time: 100%
extra free credits, on your first credit purchase. We went ahead and
bought the credits required so we could fully test the website. We
think the aim of that offer was to offer customers the chance to gain
brand knowledge and prove to people that they could save a huge amount
on their auctions every day.
But how do penny auction websites offer such good deals? The items on
our favourite penny auction site, MadBid, come from closing stores,
clearance auctions and bankruptcies. It's because they get their
products so cheap that they are able to offer such low prices compared
to the usual selling price.

What can we buy in the auctions? We saw everything from cars, mobile
phones, computers, laptops, TVs, cameras, right through to vacuum
cleaners, kitchen gadgets and gift cards. Basically it's everything
that you might be looking for plus plenty more on top of that.

THE AUCTION PROCESS

Putting penny auctions to the test After a simple registration
process, we got our bonus credits from MadBid and could start bidding
and try to win products in the auctions. Before registering, we were
not completely sure how the site worked, however everything became
clear once the account was created and we had access to the various
functions and abilities within the site. We started with an auction on
an item we really wanted - a Samsung 50 inch LED TV. To our surprise
and astonishment, we won it after quite a short auction! So we ended up
paying only £57.90 for a full HD TV that's worth more like £779. To
make sure it wasn't just a fluke, we decided to try on another product
and, once again, we were surprised to see that we won! And this time,
the savings were even greater! We ended up paying £140 for a MacBook
Pro that normally costs £1,500 - quite impressive! There is absolutely
no doubt for us, no ordinary retailer can offer such great deals! Then
the delivery side of things - after winning and paying for the
products, we received them just a few days later. We didn't have to
wait for a long time to get the purchases as we thought we might have
to - it was simply amazing! In the end, we were MORE than satisfied
with our experience!

PENNY AUCTION PROFITS



Read Our Book

Find out about how penny auctions work and sign up for an account to
allow you to start bidding on items in minutes!
1

Choose a Product

Look for a product you like and start bidding. Each bid will raise the
price of the product by just £0.01 which is pretty cool!
2

Pay For Your Goods

If you win the auction, you will be redirected to the checkout where
you can pay for your item with a huge discount!
3 START BIDDING NOW!-
To get you started with penny auctions, we have put together a very
useful book that will help you understand how penny auctions work plus
lots of hints and tips about how you can save money on loads of brand
new, factory sealed items to either keep for yourself or sell. The book
contains the following chapters and is available to download now: How
Penny Auctions Work In this chapter we explain how penny auctions
differ from traditional auctions along with some key points and further
information about credit packages, the timer, winning an auction and
also, importantly, not winning an auction. Signing Up for a Bidding
Account Here we guide you through the setting up of your bidding
account. Please note that bidding accounts are currently available to
customers in the UK, US, Canada, France, Germany, Netherlands,
Switzerland, Turkey, Australia and India. Tips for Winning Penny
Auctions This is a very important part of the book and as well as
informing you what items are the most sensible to place bids on, we
give you several other important tips to stay ahead of the game.
Examples of Penny Auction Bidding In this chapter we take you through
several examples of products that have been available at penny auctions
and offer a commentary of when you should start bidding and the profit
figures that you would have achieved had you won the auction and sold
the item on a platform such as ebay.

START BIDDING NOW


Please note that the product is useful to those based in the following
countries: In Europe: UK, France, Germany, Netherlands and Switzerland
Outside of Europe: US, Canada, Australia, India and Turkey The cost of
the book is £9.99 or the equivalent in your currency (plus VAT where
applicable) and the format is PDF (you will need a program such as
Adobe Reader to open the product - this or similar software is usually
pre-installed on most Windows computers). You will be redirected to the
download page immediately after payment - we will also send you a copy
by email for safe keeping. If you have any questions please contact us.
ClickBank is the retailer of products on this site. CLICKBANK® is a
registered trademark of Click Sales, Inc., a Delaware corporation
located at 917 S. Lusk Street, Suite 200, Boise Idaho, 83706, USA and
used by permission. ClickBank's role as retailer does not constitute an
endorsement, approval or review of these products or any claim,
statement or opinion used in promotion of these products. This site and
the products and services offered on this site are not associated,
affiliated, endorsed, or sponsored by MadBid, nor have they been
reviewed tested or certified by MadBid.
Contact | About | Privacy | Terms
INTRODUCING PENNY AUCTIONS- INTRODUCING PENNY AUCTIONS-
PENNY AUCTION PROFITS- PENNY AUCTION PROFITS-
START BIDDING NOW- START BIDDING NOW-
CLOSED AUCTIONS- CLOSED AUCTIONS-
PENNY AUCTIONS
¬
É-
* INTRODUCING PENNY AUCTIONS
* PENNY AUCTION PROFITS
* START BIDDING NOW
* CLOSED AUCTIONS

PENNY AUCTIONS
¬

End of Abstract

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