Penny Auctions are really taking off, and for good reason. They are a fast-paced, fun, and kind of addicting way to shop. And, with the right strategy, they offer the benefit of really good deals without much risk. However, not all penny auction sites are created equal. Many of them use built in features that actually cheat customers, and many people feel they have been burned by a penny auction scam. Alec Sherman, president and head programmer for BunPig.com Penny Auction, believes he has built the Best Penny Auction Site out there, and is here to tell us why.
In the heat of an auction, it is really exciting to think you might win that iPad for $45. But, it would be equally deflating to know that the site you are trusting and bidding on is actually actively preventing you from walking away with a win. "It is shocking how many BidBots, secret reserve prices, and other underhanded methods of padding prices many of these major auction sites have," Alec tells us. We wanted him to fill us in so that we could navigate the Penny Auction waters more safely.
"The first thing we decided when we started to build our auction site was that it was going to be 100% open and honest," says Alec. "We provide very up front information regarding how our auctions operate and how much every part is going to cost." He cautions against sites that require bidders to register or make purchases before they are told the hidden charges, or even how much each bid is going to cost them.
Recently, Pennyauctionwatch.com published an article that a developer of a popular penny auction software was under legal scrutiny for putting secret reserve prices and Bidbots in their software package. "We knew all about that," chuckles Alec, "We regrettably bought that software and had to put 300+ hours of programming into it to take the cheating functions out." What's amazing is that Alec says that this software is being used as is by 90% of the penny auctions out there. So bidders need to be very careful, and do some background research to verify that the site where they're bidding isn't using shady packages.
We all know how annoying it is to be waiting for a package that just isn't coming, but some penny auction winners have really felt the pain. "We ran across people who had won auctions months ago and were still waiting for goods," says Alec. The key here, he tells us, is to read the fine print. "At BunPig.com, we promise 2 day maximum handling time..." says Alec, and recommends checking that information on any site before even buying a bid pack. This ensures that you are not left waiting. And waiting. And waiting.
With penny auctions increasing in popularity, it is nice to know that some of them are among the good guys. It is also nice to know what to watch out for. Do we have to worry about the BunPig? "BunPigs are cute and fuzzy, and they don't bite," says Alec, "and they also hate underhanded dealing, so you know you can count on BunPig.com to be an honest penny auction site."
In the heat of an auction, it is really exciting to think you might win that iPad for $45. But, it would be equally deflating to know that the site you are trusting and bidding on is actually actively preventing you from walking away with a win. "It is shocking how many BidBots, secret reserve prices, and other underhanded methods of padding prices many of these major auction sites have," Alec tells us. We wanted him to fill us in so that we could navigate the Penny Auction waters more safely.
"The first thing we decided when we started to build our auction site was that it was going to be 100% open and honest," says Alec. "We provide very up front information regarding how our auctions operate and how much every part is going to cost." He cautions against sites that require bidders to register or make purchases before they are told the hidden charges, or even how much each bid is going to cost them.
Recently, Pennyauctionwatch.com published an article that a developer of a popular penny auction software was under legal scrutiny for putting secret reserve prices and Bidbots in their software package. "We knew all about that," chuckles Alec, "We regrettably bought that software and had to put 300+ hours of programming into it to take the cheating functions out." What's amazing is that Alec says that this software is being used as is by 90% of the penny auctions out there. So bidders need to be very careful, and do some background research to verify that the site where they're bidding isn't using shady packages.
We all know how annoying it is to be waiting for a package that just isn't coming, but some penny auction winners have really felt the pain. "We ran across people who had won auctions months ago and were still waiting for goods," says Alec. The key here, he tells us, is to read the fine print. "At BunPig.com, we promise 2 day maximum handling time..." says Alec, and recommends checking that information on any site before even buying a bid pack. This ensures that you are not left waiting. And waiting. And waiting.
With penny auctions increasing in popularity, it is nice to know that some of them are among the good guys. It is also nice to know what to watch out for. Do we have to worry about the BunPig? "BunPigs are cute and fuzzy, and they don't bite," says Alec, "and they also hate underhanded dealing, so you know you can count on BunPig.com to be an honest penny auction site."
About the Author:
Looking for the best new penny auction site on the web? Hop on over to BunPig.com! BunPig Penny Auctions are part bunny, part pig, and 100% awesome. With a focus on openness and integrity, BunPig is going to rule the penny auction world!
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