Global Sports: Are Penny Auctions A Huge Rip-off?

Saturday, September 3, 2011

Are Penny Auctions A Huge Rip-off?

By Tim Ryan


Penny auction sites have recently gained popularity and also quantity and with many phenomenon's for every great website you'll find 10 terrible ones. In this article, we have outlined the three issues to be aware of when examining penny auction sites as well as the way to select an internet site to bid on.

Get In Contact

First off check if and where the company is registered in your country. If it's not at all steer very well clear, search for a company registration number.

Look for other details like telephone numbers, email addresses and also a postal address. If a internet site hasn't got every one of these then you may face issues soon. But not only does this reveal that it could be problematic to get a hold of everyone but it brings up worries as to exactly where they're based.

Be Smart

Look for the bidding record on the site. If ever there isn't one do not join. A bidding record reveals that other people are making use of the online site and enables you to determine your competition.

Check for most recent winners. Be sure there's a listing of latest achievers as this shows that other people actually are winning auctions and would help give you an understanding of precisely what cost a product tends to opt for.

Sign up to a site which provides even just one cost-free bid so you're able to try before buying and see if penny auctions are suitable for you.

Be Secure

As when you are shopping online it is essential that you can shop safely on penny auction websites.

Watch out for internet sites that take payment through numerous methods just like PayPal, Debit Card, Credit Card and uKash.

Be careful for websites with credentials just like Validated by Visa and MasterCard SecureCode and also McAfee Security. Such logo's are a sign of safety.




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