http: //www. ipennyauctionsoftware. com
How might penny auction work? Imagine your friend is auctioning off his entire assortment of signed Beatles records. He calls for some sort of garage auction except in this case he mentions that each time you or any one for that matter bids, he has to place 1 dollar in some sort of box. That means each of your bid will cost you 1 dollar. At the end the last man standing will win the item. Imagine you being the lucky winner along with the final price have been $500, which means there have been 500 bids on the item. If you had set bid 50 times your final price will be $50 + $500; $550. Penny Auction Software
http: //www. ipennyauctionsoftware. com
Lots of auctioneer nowadays does such a auctioneering which ensures that they makes a profit but not only by selling the article at maximum price but also makes a good profit by charging for any bid that he receives in the products. This form of auction is continuing to grow popular among the online buyers as they sometimes know more about great products at a hugely discounted price.
Swoopo Clone, Penny Public sale Software
http: //www. ipennyauctionsoftware. com
However you will find there's huge downside in more or less everything. Certain auction websites are recognized by artificially increase the price of their products by utilizing penny auction software and also human beings who just sit and bid over the products to artificially increase their final cost. At the same time each bid by the best buyer also costs him or her money. So the site proprietor continues to earn so long as legitimate buyers participate inside bidding process. At the finish the site simply lets the best buyer win the auction to make it all appear legit and fair. The buyer looses money in making bids as well as buying the product for a price much higher than what he probably will be bought it for. Cent Auction Software
http: //www. ipennyauctionsoftware. com
Your final price after the bidding process may be, if you are lucky to win the public sale, the final price with the product, the cost of the bids that there is already placed and any shipping & handling charges from the delivery of the product to you. Penny Auction Software
Turnkey Cent Auction
http: //www. ipennyauctionsoftware. com
Penny auction sites mostly ship the products directly from the suppliers and at times they have no control on the time frame within which the product gets delivered. Most sites would nevertheless a tentative date associated with delivery mentioned for products owned in auction however as mentioned above it is not always maintained diligently. Sometimes the sites would send notifications about the product being dispatched and then a tracking number that you can track on the shipping company's website. Penny Public sale Software
http: //www. ipennyauctionsoftware. com
Sometimes such penny auction sites also dupe their buyers by not even sending the products that buyers pay for. With the availability of penny public sale script and programs, penny auction sites are mushrooming like anything these days. Some of them are very fishy businesses who adopt illegitimate purposes and make an attempt to dupe the bargain searching buyers. penny auction software, penny auction script, penny auction script