Tag Archive | "uk"

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Customer support number for penny auction websites

Posted on 13 November 2009 by admin

Here are customer support number of various penny auction websites

Bidcactus : 1-800-BID-8711
Redbread : 0844 811 9801
Rockybid : 1-877-7000-BID
BidsTick : (323) 393-3760
Auctions4acause : (719) 266-8357
Bidray : 203 287 3211

to be continued ..

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Redbread.co.uk Promotion codes

Posted on 13 November 2009 by admin

Redbread.co.uk Promotion codes

Christmas Promotion BUY ONE GET ONE FREE
End date : 20/12/2009
Code : RBAJTM

10 Free Bids
End date : 29/01/2010
Code : CHRB271001

10 Free Credits Upon Registration
End date : Ongoing
Code : SVRB1009

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Swoopo promotion codes

Posted on 13 November 2009 by admin

Get £10 Off your First Auction Win when entering this Voucher Code when Registering. swoopo.co.uk
End Date: 31/12/2009
CODE : MVCQ4A

I will be adding more soon.

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New penny auction website flutteroo.co.uk

Posted on 07 November 2009 by admin

Flutteroo.co.uk

Here comes one more penny auction website with its beta version.

Flutteroo was founded in 2009 with the aim of providing unique Auction-Games that are fun, exciting and rewarding for all players. Flutteroo is a wholly owned subsidiary of Bargain Retailing Limited, a company registered in England and Wales (company number 6881740) operating from offices in West London.

flutteroo

this website is registered to

Aviation House,
1-7 Sussex Road
Haywards Heath
West Sussex
RH16 4DZ
United Kingdom

Hosted on Rackspace.

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what is penny auction?

Posted on 25 October 2009 by admin

“Penny Auction”, also known as pay per bid auction, is type of auction where participants pay a fee for every bid that they place on a timed auction. Each bid raises the price of the auction by a fixed amount and extends the time of the auction. When the time runs out on the auction, the last person to have placed a paid bid is the winner and gets to purchase the item at the auction ending price. Since this type of auction model is quite new and blurs many lines of business, some consider them to be a grey area business model.
Pay per bid auction sites seem like a very lucrative business. The companies running the auction receives income both in the form of the fees collected for each bid, and in the form of payment for the winning bid. When looking at certain items, it may seem that these auctions are making large profits. However, such sites also consistently lose money on some auctions. New pay per bid auctions keep opening all the time, but most of them close shortly. Users are more likely to get good deals on newly opened sites, as there is not too much competition from other bidders and auctions tend not to last as long as on mature sites. If a pay per bid auction sites does not attract enough bidders, it sells many items at a loss.
How It Works
In the typical case, players are asked to pay a non-refundable fee each time to purchase “bids.” These “bids” can then be spent on “auctions.” The act of spending a “bid” on an “auction” raises the cost of the item by a fixed amount. Additionally, the act of spending a “bid” on an “auction” typically also extends the deadline of the “auction,” providing an opportunity for a competing player to place another “bid”, thus extending the “auction” again. The game is a brinksmanship game: each successive “bid” lowers the value of the “reward”, and the last player to decide to place a “bid” and lower the value of the reward wins that reward.
Once the “auction” has been won, the auctioneer collects the final cost of the item in addition to the monies already collected by selling “bids”.

“Penny Auction”, also known as pay per bid auction, is type of auction where participants pay a fee for every bid that they place on a timed auction. Each bid raises the price of the auction by a fixed amount and extends the time of the auction. When the time runs out on the auction, the last person to have placed a paid bid is the winner and gets to purchase the item at the auction ending price.

Pay per bid auction sites seem like a very lucrative business. The companies running the auction receives income both in the form of the fees collected for each bid, and in the form of payment for the winning bid. When looking at certain items, it may seem that these auctions are making large profits. However, such sites also consistently lose money on some auctions. New pay per bid auctions keep opening all the time, but most of them close shortly. Users are more likely to get good deals on newly opened sites, as there is not too much competition from other bidders and auctions tend not to last as long as on mature sites. If a pay per bid auction sites does not attract enough bidders, it sells many items at a loss.

How It Works

In the typical case, players are asked to pay a non-refundable fee each time to purchase “bids.” These “bids” can then be spent on “auctions.” The act of spending a “bid” on an “auction” raises the cost of the item by a fixed amount. Additionally, the act of spending a “bid” on an “auction” typically also extends the deadline of the “auction,” providing an opportunity for a competing player to place another “bid”, thus extending the “auction” again. The game is a brinksmanship game: each successive “bid” lowers the value of the “reward”, and the last player to decide to place a “bid” and lower the value of the reward wins that reward.

Once the “auction” has been won, the auctioneer collects the final cost of the item in addition to the monies already collected by selling “bids”.

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