Bidsauce and Penny Auctions
- July 6th, 2010
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What started out as a new idea in Europe, has become a huge success in America. Penny Auction sites are popping up literally every day.
Bidsauce is just one of many sites where bidders are winning products at only fractions of the cost. All products start at a price of $0 and rise by only a few cents with each bid. Bidders do not put a price on how much they will pay, but simply state that they want to bid and the price rises by an arbitrary amount.
Many people are asking themselves if they should start in on the craze or if this is another “too good to be true” fad. The only real way of finding out if you enjoy it in this case is to give it a try.
Bid packs are typically low in cost and are reasonable for anyone not sure if they really want to go all in.
I guess we will see how long it takes for more people to start using penny auction sites like Bidsauce.