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Penny Auction Profits
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At Penny Auction Profits you can learn how to get huge amounts off the RRP of electrical and electronic items, cars and more.
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But how do penny auction websites offer such good deals? The items on our favourite penny auction site, MadBid, come from closing stores, clearance auctions and bankruptcies. It’s because they get their products so cheap that they are able to offer such low prices compared to the usual selling price.
What can we buy in the auctions? We saw everything from cars, mobile phones, computers, laptops, TVs, cameras, right through to vacuum cleaners, kitchen gadgets and gift cards. Basically it’s everything that you might be looking for plus plenty more on top of that.
THE AUCTION PROCESS
Putting penny auctions to the test After a simple registration process, we got our bonus credits from MadBid and could start bidding and try to win products in the auctions. Before registering, we were not completely sure how the site worked, however everything became clear once the account was created and we had access to the various functions and abilities within the site. We started with an auction on an item we really wanted - a Samsung 50 inch LED TV. To our surprise and astonishment, we won it after quite a short auction! So we ended up paying only £57.90 for a full HD TV that’s worth more like £779. To make sure it wasn’t just a fluke, we decided to try on another product and, once again, we were surprised to see that we won! And this time, the savings were even greater! We ended up paying £140 for a MacBook Pro that normally costs £1,500 - quite impressive! There is absolutely no doubt for us, no ordinary retailer can offer such great deals! Then the delivery side of things - after winning and paying for the products, we received them just a few days later. We didn’t have to wait for a long time to get the purchases as we thought we might have to - it was simply amazing! In the end, we were MORE than satisfied with our experience!
PENNY AUCTION PROFITS
Read Our Book
Find out about how penny auctions work and sign up for an account to allow you to start bidding on items in minutes!
Choose a Product
Look for a product you like and start bidding. Each bid will raise the price of the product by just £0.01 which is pretty cool!
Pay For Your Goods
If you win the auction, you will be redirected to the checkout where you can pay for your item with a huge discount!
To get you started with penny auctions, we have put together a very useful book that will help you understand how penny auctions work plus lots of hints and tips about how you can save money on loads of brand new, factory sealed items to either keep for yourself or sell. The book contains the following chapters and is available to download now: How Penny Auctions Work In this chapter we explain how penny auctions differ from traditional auctions along with some key points and further information about credit packages, the timer, winning an auction and also, importantly, not winning an auction. Signing Up for a Bidding Account Here we guide you through the setting up of your bidding account. Please note that bidding accounts are currently available to customers in the UK, US, Canada, France, Germany, Netherlands, Switzerland, Turkey, Australia and India. Tips for Winning Penny Auctions This is a very important part of the book and as well as informing you what items are the most sensible to place bids on, we give you several other important tips to stay ahead of the game. Examples of Penny Auction Bidding In this chapter we take you through several examples of products that have been available at penny auctions and offer a commentary of when you should start bidding and the profit figures that you would have achieved had you won the auction and sold the item on a platform such as ebay.
START BIDDING NOW
Please note that the product is useful to those based in the following countries: In Europe: UK, France, Germany, Netherlands and Switzerland Outside of Europe: US, Canada, Australia, India and Turkey The cost of the book is £9.99 or the equiva