Beezid Penny Auction Site
Beezid, the latest in penny actions, is looking for online sales.
Beezid Penny Auction is a leading penny auction website. Bids cost just .70 cents each. When you bid the timer goes up. You can end up saving over 80% to 90%. Bid until the countdown hits zero. The most recent bidder wins the auction.
Penny Auction Items
Bid on quality products from Apple, cameras, cell phones, computers, fashion, jewelry, gift cards, home and kitchen and more. NickeBids and the penny auction concept are meant for consumers to get great deals on everyday items. You don't have to spend a fortune to get the products you want at a reasonable price.
The auctions at Beezid only have brand new products and merchandise. It's like shopping at the store, but online and telling the price YOU want to pay for it. All bidding starts at $0 with no reserve price. When you bid in either .01 or .05 increments, the timer counter goes up. When people stop bidding and the final price is basically set, the counter counts down and the last person that bid gets it!
Register today at Beezid and start your penny bidding! It's fun and you can end up with great electronics and other products at huge savings. Start by choosing your username, password and contact information. It's quick and easy to get started, so join today at the fun penny auction site, Beezid.
BeeZID clearance auctions. Join over 400,000 winners today! Although you can get great deals on penny auctions, you should understand how they work. Normally you have to have money in your account first and pay a small amount each time you bid.
Watch how many bids you do though! Each time you bid, the time increases on the clock. The last bidder when time ends is the winner. It is best to just determine what you actually want to spend on an item and put in your highest bid. If you continue to bid in small increments, you very well may win the item but pay more in per bid fees.
How Penny Auctions Work
Potential buyers have to pay a fee — typically between 50 cents and $1 — for each bid they make. Auctions start at zero dollars, and each bid bumps the price up by a small amount, usually a penny, hence the name. The terms of the auction are detailed. For example, a six-hour auction and each bid adds 1 cent to the price. Each additional bid made in the last 20 seconds of the auction resets the clock to 20 seconds remaining.
Once the auction is over, the auctioneer collects the final cost of the item in addition to the money already collected by selling bids. Another big difference aside from time increasing when placing bids is that items are new, and provided by the website owner, not third parties. You yourself cannot go online to sell something of yours in a penny auction.
Come try out Beezid Penny Auctions today. It's fun, it's addictive, and you could end up with some cheap new stuff you never dreamed of having. Don't pay retail, try your luck at bidding on an item with a penny auction. You never know what deals you may come across.
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