Tag Archives: penny auction sites

The Beezid Review On Its Terms Of Bidding

Posted by on June 28, 2011 Comments Off

Beezid-Reviews

No one loves to see the timer hits zero more than the winning bidder.  Bidding with Beezid is not like any other auction site you will find online.  Beezid is where you will find the best deals in town especially for those of who you can't wait for a Black Friday sale to come.  If you've gone through our Beezid review, you'll see the bidder simply purchases “bid packs” at a specified price to ge things started.  These packs can give the purchaser a number of bids which can be used on items up for auction.  Once the bidder places a bid on an item with the current price he is willing to pay, his bid pack will decrease by the number of bid he has just placed and the item which was bid on will increase in price as the countdown timer resets.

As soon as the timer hits zero, the auction ends and the one who placed the last bid wins.  But based on our Beezid reviews the transaction does not end there, next the winning bidder has to check his account and locate the “My Wins” link.  A detailed information regarding the item, price, taxes, and shipping cost are then listed.  This is what the winning bidder has to claim and subsequently pay to have it delivered to his address.  If the winner has not confirmed and paid the item within 72 hours from the time auction ended, Beezid retains the right to retract the offer and end the contract.  But is there really a reason to be worried about news of Beezid scam?

Those that are quick to say Beezid scam are those that usually have unfounded claims without proper investigation.  Beezid provides winners the right to cancel their purchases within 14 days starting the day after the winner received the goods or after he was notified for collection.  This applies to any goods, with some exceptions, whether it is in good condition or not.  A full refund shall be provided only except if the items are computer software, video, and audio recordings in which the packaging has already been opened.

If the so called Beezid scam is true then the company would have not provided this option to the bidders and many don't.  Cancellations are encouraged to be done through writing in an email or snail mail and not over the phone.  A proof that the letter has been sent within the given period should be retained by the winner such as having it done through registered mail.  Based on the Beezid review page,  proof that the cancellation notice was done within the given time is needed so as to protect the winning bidder and the company from false claims.

These and all legalities are found in Beezid’s Terms and Conditions page.  Although it may seem to be a good deal to enjoy a discounted item which at most gets you 98% off from an item’s retail price, it is still the bidder’s sole responsibility to read the terms and conditions.  If some would say that the Beezid scam is true, then perhaps it’s time for you to get the most transparent information and read the terms and conditions of the bidding procedure.  Reading the black-and-white may be cumbersome but this will definitely give you the upper hand before making a bid.  If you truly want to get the best deals, know the nitty-gritty of how the bidding works.

Animated Square-Popup 250x250

A Guide To Bidding Safely Online Through The Quibids Review

Posted by on June 29, 2011 Comments Off

Beezid-Reviews

At $ 0.60 a bid, Quibids may already win you a brand new ipad at a price less than what is in retail stores.  Based on our Quibids review, bidding on the online auction site is different from bidding in Ebay where your bids are for free and the winning bidder will just pay the amount on his last bid.  Quibids work differently as it promotes bids mostly from very interested consumers who are willing to shell out a few pennies plus the price of the item, which is always less than its retail cost.  Get into the details of how the bidding process really works through the Quibids reviews and find out if there is truth in saving at most 98% from the product’s original cost.

Who would not be enticed with paying only around $46 for a brand new Macbook Pro?  The deal is real according to most who have already enjoyed the best deals from this bidding frenzy.  From some Quibids reviews containing feedback and consumer reports about the auction site, interested bidders who are mostly electronic shoppers will find thousands of brand new gadgets to bid on.  Unlike Ebay, bidders are able to get brand new and unused items.  However, it is inevitable that some people would think about Quibids scam including the risks involved in these penny auctions.

If it would help to get the notion of Quibids scam out of new bidders, the company is actually accredited by the Better Business Bureau.  Based on the Quibids review and reports on BBB’s website, most of the misunderstandings arose from the auction site’s “bid to buy” policy which could have been avoided had these bidders read and fully understood the terms and conditions of the bidding process.  In fact, this type of misunderstanding is not new anymore.  Any other services such as the cellular phone service have policies printed for users to understand that charges and fees involved.  Would it not be best to read the rates involved prior to making one call?

A reported Quibids scam on BBB involves the difference in the auction’s timer and the real time.  It has been answered with the fact that delays caused by the internet speed and the computer software’s information processing from the auction site’s server to the consumer’s end may cause a mismatch on the time. A Quibids review reiterated that this delay in the online transaction does not mean a deceptive tactic on Quibids' processes at all.  Again, think about the audio delays and echoing on your cellular phone.  Would it not be right to say that this is just caused by the reception in your current location instead of a money-making scam from your cellular phone company?

As with any other bidding sites, consumers compete for the chance to purchase goods at a fraction of its original cost.  Interested new bidders should know that bid packs have to be purchased at a price prior to even quickly tagging the procedure as Quibids scam.  The Quibids review also reminds losing bidders that the cost of their bids into an item is considered lost including the opportunity to purchase the item at the committed price when the timer stopped.  Nevertheless, the losing parties may take advantage of the “Buy It Now” feature wherein they can purchase the item at the retail price less the cost of bids they have invested during the auction yet subject to some limitations.

Animated Square-Popup 250x250

Stay On Top Of The Bidding Game With The Bidrivals Review

Posted by on June 29, 2011 Comments Off

Beezid-Reviews
The lure of paying less for a brand new item is always a temptation.  In fact, people pay for the chance of winning or getting the best advantage of something.  This is how gambling works.  Some would say that bidding on penny auctions such as Bidrivals is closely associated to gambling.  However, most Bidrivals reviews reported that there is a greater probability for bidders to get something in return and that could be due to its “Buy Now” option.  With this option, bidders have the peace of mind that the Bidrivals scam may probably be associated to a bidder’s ignorance or misunderstanding regarding the terms and conditions of the auction process.

Just think of how businessmen gamble their money through their investments in business ventures and for such; majority of the population readily accepts this situation.  But definitely gambling is not synonymous to smart bidding.  Smart bidding is what penny auction bidders should aim.  New bidders can buy a bid package and start bidding on items they are interested in after creating an account.  Those who are new to penny auctions can check Bidrivals’ “How It Works” section or get the information right straight from the Bidrivals review.

A single bid costs $ 0.75 or one can opt to pay a price for a bid package of multiple bids.  Each click on the bid button before the auction timer ends increases the item’s price by a cent.  But there are some bidders who claim that their bid did not register and are quick to tag these instances as Bidrivals scam or a deceptive money-making strategy.  The bidding game does not involve deceptions since most information a new bidder wants to know can be found under the terms and conditions, Bidrivals review, and the frequently asked questions sections.  From information about the bid price to the procedures of returning a product, all of these are on the Bidrivals website.

Users will have to take time reading the bits and pieces of the service and become smart bidders in the process.  It is just normal for new users to think about Bidrivals scam but based on the consumer reviews, the online penny auction have already gained a strong audience.  Proper education on how the auction system works is must by checking the Bidrivals review.  The basics about the process are just on the FAQ section.  If there is something that a bidder does not understand, the service provides a customer service team to assist users about their inquiries and issues.

Consumer suggestions found on the Bidrivals review remind bidders to go to the terms and conditions section and understand the three different categories of bids.  Consumer must be aware that there are bids that expire in 48 hours, bids that expire in 365 days, and bids that expire in 365 days and can be used for “Buy Now” items.  Thus, before you believe in Bidrivals scam feedbacks found on the internet, go and check the four important sections (FAQ, Terms and Conditions, Reviews, How It Works) on the website and be a smart bidder.  Only smart bidders get the best deals and only they can save up to 95% from brand new consumer goods.

Animated Square-Popup 250x250

The BidCactus Review On The Degree Of Cost Saving In A Penny Auction

Posted by on June 30, 2011 Comments Off

Beezid-Reviews
Most consumers who want to save would typically wait for a sale or opt for refurbished products.  Waiting for an inventory sale at the end of the year may just be a long wait for some to endure.  Thus, shoppers looking for a good deal have found their answers in online auctions.  But how much are you really saving on bidding?  According to the BidCactus reviews, there is greater probability that a bidder can save up to 95% from the original item cost.  It may be too good to be true and could be just a BidCactus scam but there is reason to believe that this is now the modern way of saving.

If one may ask how BidCactus can recover the cost of an item’s original price then let us find out how this can be attained.  As found on a BidCactus review, the company provides customers the BidCactus Bill of Rights.  This provides a transparent look into the bidding process to avoid the notion of BidCactus scam which most may easily think of about a good to be true deal.  An interested bidder can purchase a bid at $ 0.75 or a bid package of 30, 50, 100, 150, and 250.  Each bid on an item found on this penny auction site will increase the item’s auction price by a cent and at the same time resets the timer to several seconds.

Each bidder pays for the bid that they placed on the pot and the winning bidder consequently pays for the auction price when the timer hit zero.  This is how you compute the cost you spent on winning the auctioned item. Nonetheless, the total cost is still estimated to be much lower than the retail cost.  So how about the losing bidders?  Technically, they took the risk of bidding at a cost but the bid cost deters inflation on the auction price unlike other auctions wherein bidders have nothing to lose.  Knowing that each bid will cost something can also eliminate frivolous bidding.

The BidCactus review treats this as a way of maximizing cost saving while it also allows the company to recover cost difference between the auction price and the item’s original selling price.  This type of auction also gets rid of shill bidding which is one of the most common deceptive tactics observed in other risk-free online auctions.  For those interested to check the veracity of the BidCactus scam, it is recommended that you get the real scope from the Better Business Bureau’s website. Aside from that, interested bidders should also be aware of the audit report conducted by Ernst & Young as this is one of the most transparent reports done by a respected and reputable third party company.

These two agencies are transparent information resources that differ from the BidCactus review in a way that these are known institutions which value truthfulness and legalities.  Some people may consider consumer feedbacks and opinions to be biased but the BBB and Ernst & Young can eliminate that concern.  There may be other independent BidCactus reviews found out there but reports found from these two well-known institutions which have been around for several years are probably the safest and the most credible.

Animated Square-Popup 250x250

Wise Bidding Based On Tips From Bidz Review

Posted by on June 30, 2011 Comments Off

Beezid-Reviews
Brand-conscious shoppers can find a treasure trove of best deals from Bidz.com.  Bidding on your favorite product is easy with some tips from the Bidz reviews.  All items on the auction site are all authentic and brand new.  It’s an open online auction where products from popular brand names and jewelry are up for bid.  The items are sold to the highest bidder at the end of the auction period; that is when the timer hits zero. However, a bid that is placed within the last 15 seconds of the auction resets the timer and adds 15-second extension from the time the last bid was placed.

Consumers who are concerned about Bidz scam can check the company’s customer satisfaction guarantee in which it offers a full refund of the purchase price plus shipping cost should the item received does not match what was described on the site.  Bidz.com is similar to the traditional auction and it is not like today’s new online penny auctions wherein you buy bid packages.  The bid increments placed for the items are in whole dollar amounts and not in cents.  Consumer comments found in one Bidz review stated that the bidding process is easier to understand than other online auctions because bids are in its dollar face value and the minimum bid increase is $ 1.00.

To avoid thinking that Bidz scam is prevalent, new users should review some tips on their “Placing Bids” section.  Technically, Bidz.com is like Ebay except that it offers all brand new and authentic items.  Moreover, consumers can avoid bid shilling and fraud which is common in Ebay.  The company upholds customer satisfaction by providing an online market place where members are expected to observe legal business transactions.  Bidders’ feedbacks found on the Bidz review expressly commend the site for its zero tolerance on online fraud.  Thus, the company protects consumers from fraudulent and frivolous bidders.

Tracking bid activity has also been made easier with Bidz’ user-friendly interface and bidding tools wherein a “Watch List” section allows bidders to track items they are interested in before making a bid.  An autobid system as indicated by the Bidz review makes bidding convenient since the system automatically places bids on behalf of the member.  Nonetheless, it is the member’s responsibility to read the site’s access and purchase agreement for the full details of how the autobid function charges bidders.  Just remember to understand this feature before turning it on as some may just wonder if it’s a Bidz scam when the system places bids instantly under the member’s account.

Another important feature that should be understood by bidders is the “Reserved Price”.  The highest bidder when the auction ended may wonder why the item has not been awarded to him.  It may be a case wherein the reserved price has not been met, thus ending the auction without a winner.  So to avoid the misconception of treating this as a Bidz scam, check the reserve pricing information on the site as reserved price is not visible until the auction ends.  Nevertheless, the item will be offered to the participants of that auction valued at its reserved price.  It will be tagged as “Special Offer” on the member’s dashboard where it will stay for 48 hours from the auction closing date.

Animated Square-Popup 250x250

The Cost Versus Benefits In Dealing With Penny Auction Sites

Posted by on July 1, 2011 Comments Off

Beezid-Reviews
There are a lot of reasons why consumers are not quick to believe that they will be saving from consumer goods offered in penny auction sites.  It is indeed a gamble to risk a few dollars on bidding on an item in the hopes of getting it at a fraction of its retail price.  But how much are you really getting charged upon winning?  Nonetheless, how much are you risking to lose?  Let the penny auction sites reviews give you a comparative examination of some of the popular bidding sites online.

Indeed, these penny auctions sites are not bargain bazaars where one should expect something in exchange for every penny they put into the pot.  Several consumers who have overlooked the terms and conditions of the site are the usual ones who send complaints about penny auction sites scam.  They forget the fact that auctions have certain rules and policies and that penny auction sites work differently from the traditional auctions wherein a bid won’t cost you a penny.  Yet for this reason, traditional auctions take the risk of getting frivolous bidders and bid shilling.

The cost of each bid for these penny auction sites vary and it ranges from $ 0.65 to $ 1.00.  While some sites use a dollar increment for each bid, penny auction sites reviews have observed that there is a greater lure from using bid packages wherein each bid can only cost at least a few pennies.  Winning bidders pay the cost of their bids plus the auction price.  Taking into consideration the cost of each bid, the benefits of getting a certain product at around 5% of its original cost is a probability bidders are willing to risk.  Those who complain about penny auction sites scam may have forgotten that this is not like shopping in the grocery where you use discount coupons.

What they may have to instill in their heads is that this is like they are placing a bet in the lotto except that your chances of winning in the lotto is a probability of one in a billion.  A bidder’s probability of winning an auctioned item is technically dependent on how smart he can outbid other penny auction sites users.  It also depends on how many users are interested in that specific auctioned item.  Bidding on these penny auction sites is a gamble.  That is why authorities warn users about getting hooked into it.  It is quite addictive and bidders have to take the responsibility of controlling themselves.  Nevertheless, penny auction sites scam may exist but probably not with popular auction companies.

Interested bidders may check the penny auction sites reviews for consumers’ preferred auction sites.  The most popular ones are Beezid, Quibids, Bidz.com, Bidrivals, and BidCactus.  However, consumers are advised to read the terms and conditions of the service including the FAQ section of the website.  Each site has different bid cost and set of packages.  The rules and policies may differ but the concept is still the same.  Practically, consumers risk to lose at a greater probability.  Thus, some would end up claiming that they have been victims of penny auction sites scam.  Users bid for the chance of getting an item at a lower cost.  But the usual case is, each bid is not free.

Animated Square-Popup 250x250

Ranking The Best Penny Auctions According To Consumer Reviews

Posted by on July 26, 2011 Comments Off

Beezid-Reviews
When you are unfamiliar of one thing, it is most likely that you would search to know more about it over the internet.  As it is with penny auctions, people look for the best penny auctions around.  They search not only to know which one offers the best deals but to know which one is not a scam.  As what consumers would look for in what they considers as the best penny auction site is its fair bidding mechanics and features.  They also check the reputation of the site from consumer reviews and feedbacks.

There are already thousands of penny auction sites that have mushroomed in all corners of the internet but only a few are considered legit and credible.  Among the ranks of the best penny auctions available, Bidz, Quibids, Bid Cactus, BidRivals, and Beezid top the consumers’ preferences.  They cited that these penny auctions provide totally free bids and the lowest bid price among other auction sites.  Their criteria for the best penny auction site are its longevity and reputation in the business.  One of these sites has even been around for over a decade now.

It is really hard to determine the best penny auctions site right now due to the competition.  Each has its own smear campaign that discourages consumers from joining the auctions of their competitor to a point where people have second thoughts of joining any penny auction site at all.  The negative feedback and reviews about penny auction scams have really hurt the industry especially the good and credible penny auction companies.  Fortunately, smart consumers have established some good reviews about the best penny auction sites that offer greater deals with customer-friendly policies.

The companies that were ranked as the best penny auctions have fair deals which provide a way for non-winning bidders to recoup their bid cost.  Aside from rewards and bonus or discount coupons, most of these best penny auction companies have a “Buy Now” feature which credits your bid cost even if you have not won the auction.  It allows you to buy the auctioned item at its retail price less the cost of the bids you have placed during the auction.  Definitely, no bids are wasted!

As also observed by veteran bidders in the industry, penny auctions are much more convenient than traditional auctions since the auctions do not run for several days.  Thus, you do not need to wait days or maybe over a week to know if you win the auction.  With its auction timer, the competition becomes very aggressive but in a good way.  In less than an hour, you could already be the winner of the latest and brand new television set.  Moreover, bidders vie for the auctioned item without bid shilling and sans the frivolous bidding that prank bidders do just to jack up the auction price.

Thus, if you are looking for the best penny auction sites online, go check the ranking of some known reputable sites that have been around for several years now.  There is a greater chance that you can snag your favorite game console or even a beautiful set of jewelry for just half of its retail cost.  The best penny auctions can even provide you the easiest way to profit from your winnings should you resell the items in the future.

Animated Square-Popup 250x250

What Advantages Do The Best Penny Auction Sites Provide?

Posted by on July 26, 2011 Comments Off

Beezid-Reviews
What is clearly seen as an advantage from the best penny auction sites around is the probability of winning an auctioned item for a cost more than 50% off from its original price.  We are already talking about brand new and the latest consumer goods here.  Other auctions even involve high-value jewelry pieces.  So how do penny auctions end with legit penny auction companies?  Practically if the bidder does not win, then there are several auctions at hand which can help him recoup bid cost.  Winners, on the other hand, win big and save more.

However, there is much greater advantage that several best penny auction sites offer to consumers.  Well technically, it is not just regular consumers and curious individuals but also to resellers and business-minded individuals.  The fact that people can snag an auctioned item for less than its retail cost makes good enough reason to consider these penny auction sites as a supply line where items can be resold in a secondary market such as tradition online auctions or directly to regular consumers.  So how do penny auctions end for most people?  The answer is really dependent on your purpose of participating in these sites.

Absolutely the bidding battle in these websites are very competitive.  That is why not all can really become a winner especially that there are wiser competitors out there who have great bidding strategies.  Because of this, several of the best penny auction sites provide their account holders a loyalty or rewards program; buy now option, free and bonus bids, and second chance offers.  These are just a few of the consumer-friendly features offered by most reputable websites in order for non-winning participants to get something back for their money and effort.  And how do penny auctions end for smart bidders cum resellers?  Definitely the auction can end pretty profitable for winners.

Those who plan of reselling items they have won can profit easily from it since most items in these auctions are the latest and brand new electronic goods in town.  And like Bidz.com, which is one of the best penny auction sites to date, their auctions are usually with expensive accessories and authentic jewelry pieces.  These types of auctions are what most resellers can rake high profits from.  Jewelry can increase in value over time and it is certainly a good investment to take your chances on.  So these penny auction sites are not just the shopping destination of bargain shoppers but also the supply line for smart business-minded individuals.

Anyone can really be a winner in penny auctions especially if you take your chances in the best penny auction sites.  With several tools and features that are designed to give you convenience and savings, there is really no worries of missing out on an auction.  Interested participants will just really need to scrutinize each penny auction site they are setting their eyes on.  Compare options, features, and bonuses provided by the auction companies and deal with those that you see reputable and credible.

Animated Square-Popup 250x250

Nifty Ways To Win - How Do Penny Auctions Work?

Posted by on July 28, 2011 Comments Off

Beezid-Reviews
Some people who have not been introduced to penny auctions as of yet are curious about the fuss over there online auctions.  They have been asking on how do penny auctions work.  For one, penny auctions are not like the traditional online auction that most people have been used to which can be summed up into one name, eBay.  Unlike eBay, penny auction companies can give you a chance to save more in auctions.

Remember when you were a kid and played with those arcade games that eject redemption tickets that you can use in exchange for gift items or toys?  Technically, penny auctions are like that.  The chance of redeeming your favorite toy depends on how well you play the games.
So how do penny auctions work?  First thing you need to know is that most penny auction sites offer great items with a starting auction price of just a few pennies unlike traditional auctions where auction prices can start of more than 50% of an item’s value.  The only difference is, each bid placed in penny auctions will also cost $ 0.50 to $ 0.90.   Nonetheless, there are penny auction companies that offer penny auctions free bids.  The bid cost would be similar to what you pay to ticket redemption arcade games where you need to insert a token to play with it.

Yet the good thing about some penny auction sites is that they offer bonus bids.  There penny auctions free bids give customers the chance to win an auctioned item without paying for the cost of the bid.  Thus, it is a risk-free option for a bidder who vies for an auctioned item along with several hundreds of competitive bidders.  There are also some who are asking how do penny auctions work with other companies since they don’t find them giving our penny auctions free bids.  Penny auction companies have different ways of rewarding their customers as well as their rules of the game.

Some companies that do not provide bonus bids to customers have another reward system in store for you.  One of the penny auction sites preferred by most consumers do not offer penny auctions free bids, instead they have a reward points system where each bid you place in any auction will give you 2 points.  The accumulated points can then be redeemed for discount cards and gift items in their rewards lounge.  These are just some nifty ways how consumers can get something out of the money they risk during the auction they have lost.

Penny auction companies that provide penny auctions free bids and reward programs are the topmost auction sites that consumers visit.  Because of their fair business practices that help consumers recoup the bid amount they have invested, smart bidders believe that penny auctions can work to their advantage.  Nevertheless, a good bid strategy and an artillery of bids are mostly what you will need.  The bidding battle can be very competitive but there is always a greater probability that you can rake in an auctioned item, only with the correct strategy.

Animated Square-Popup 250x250

Take Control Of The Auction - The Penny Auction Sites Bidding Guide

Posted by on July 28, 2011 Comments Off

Beezid-Reviews
Online penny auction sites do not come from the same mold.  With over thousands of penny auction companies that have sprouted over the internet, there are just a handful of penny auctions that can give consumers the bargain shopping spree that they want.  Based on the consumer penny auction watch, auction participants should look into the attributes of the best penny auction sites.  One of the indicators that an auction site is legit is that it has been already existing for several years and even over a decade.  The best penny auction sites are where customers would normally spend most of their time.

Contributors of the penny auction watch forums also recommend of checking the rewards system of the company.  A good penny auction site should provide some way of recouping some of your bid cost in case you lose the auction.  Once you have decided which penny auction site to join; now it is time for you to know what goes on during the auction.  But before you forget, please always read the mechanics of the bidding site especially the terms and conditions of their service.  These are your initial steps of taking control of the auction.

Several penny auction sites have a feature called the auto bid system.  It allows account holders to set their bids with a maximum bid amount automatically while they are away from the computer.  Contributors of the penny auction watch forums find this a very convenient solution when they have other matters to attend to.  Another way to gain control of your auctions is to check the bidding history.  Usually it gives you the trend and the bidding habits of you competitors by studying how they make their moves.  This is one of the strategies that veteran bidders are also doing.

There are other ways you can include in your bidding strategy aside from using these two features.  Penny auction sites differ in features and bidding mechanics.  The penny auction watch team has also determined other ways of monitoring an auction yet every win still relies on how tough the competition is.  If you have over hundreds of bidders competing on one item, then you are likely to lose the auction.  That is why other bidders would prefer to join auctioned items which are not so in demand.  Alternately, they join auctions during the wee hours of the morning or during business hours when there is less competition.

Whatever these penny auction sites may offer, just always determine the features and rewards the auction company is known for by reading consumer reviews.  It is also best to be more open-minded to some complaints as these could the results of people not reading the terms of service.   The penny auction watch team have also compiled and ranked some of the best features and offers provided by reputable penny auction sites.  Just find out which one you prefer and always know where you stand by studying your competitors.  These are just some ways you can take control of the auction and maximize your chance of winning the bidding war.

Animated Square-Popup 250x250