Online auction sites are certainly nothing new- people have been getting products at bargain prices for years using internet auction sites. A revolutionary new bidding system called “penny auctions” are sweeping the net and allowing consumers to pay outrageously low prices for brand-name items. Let’s take a look at the penny auction site ZBiddy and see if it has the best deals on the items you love.
To get an objective look at ZBiddy, you must first understand how the typical penny auction site works. In order for items to be sold for such low prices, the standard bidding system has been tweaked. Instead of the traditional method where bids can be placed without any purchase or prior funding necessary and only the winner pays the final price, penny auctions operate with a different algorithm. Bidders purchase bids, usually in packs.
This means that the act of placing a bid is not free, but this facilitates unheard-of low prices that more than make up for the amount paid for bids for the winner of the auction. It comes down to making every single bid count, using proven techniques and strategies can land you tons of great deals on products below even wholesale prices- but at the same time you can end up wasting your money on nothing if you aren’t careful (especially if you haven’t done any research on the penny auction site that you are using). A timer determines when the auction ends, but most sites reset this timer every time a new bid is placed.
Don’t make the mistake of keeping your focus solely on one penny auction marketplace, you are handicapping yourself and limiting your options. The more products and auctions at your disposal, the more chances you grab up the ‘low hanging fruit’- so be active on as many penny auction sites as you can to maximize your potential. Follow tips and tricks used by the experts to ensure that your bids don’t go to waste.
So is ZBiddy a reliable penny auction site for you to keep an eye on? Absolutely! The interface is clean and sleek and the menus are simple and straightforward- the presentation is overall very enjoyable and approachable. Prices are displayed prominently to avoid any confusion which is a problem with some penny auction sites. The common issue of “alliances” or the use of several accounts/users to scare away bidders is thankfully absent from ZBiddy, everyone has a fair shot at the prize. Measures are taken against those who would take advantage of an unfair playing field, you can bid with confidence at ZBiddy(but don’t bid foolhardily, a good rule of thumb is to wait until the average penny auction going price is reached or almost reached, there’s no need to rack up the price prematurely).
The item selection at ZBiddy is varied with lots of high-end products- nearly anybody can find an auction that they are interested in. All items at ZBiddy are brand new and include the manufacturer’s warranty, but some sites occasionally auction off used, antique, or collectors’ items that do not include factory warranties, so always read the description. The big ticket items that catch everyone’s eyes are available at ZBiddy, but beginners would do well to focus on the less popular items to learn the ropes and get a feel for the best techniques that get the most out of the penny auction system. Once you have a good amount of victories under your belt and some newfound confidence, you can pounce on that big screen TV you’ve been drooling over.
Make sure you take a look at what ZBiddy has to offer in terms of promotions, free bids, and guarantees. The penny auction landscape is constantly changing and many sites are realizing that building the trust of the marketplace is the key to becoming successful. You should be using sites that offer a certain amount of free bids to new users. The best ones have guarantees in place that refund the price of a bid pack when the user doesn’t win a single auction with them, that way the risk factor is sharply reduced while the rewards remain the same.
Overall, ZBiddy is absolutely worth adding to your regular penny auction rounds. The clean interface, fair community, and extensive item selection provide a great bargain marketplace experience. Always keep an eye on current bids and remember to be vigilant!