Penny Auction Sites

quibids.com - A bidding fee auction or a penny auction as it is more popularly known, is a different kind of auction site where the winner can end up purchasing high quality goods for a fraction of their normal retail price. For instance, an Apple iPod Touch with a retail price of 150GBP could be snapped up for as little as £20! For the bidder, the chance to win a range of goods at up to 90% cheaper than in the shops is an incredible opportunity!

Getting Started With Penny Auctions

So how does it all work? Well basically a penny auction site will have a number of items on offer and a time when the bidding ends, say 15 minutes. As the bidder you will put on a starting bid of a penny. Each bid can only be raised by one penny at a time and for every bid placed, a few seconds will be added onto the timer. Once the countdown ends, the final person to bid wins that item for a heavily discounted price. The result is usually an exciting race to be the last person to bid before the timer reaches zero!

quibids.com - In order to get started with penny auctions you’ll need to register. Most sites offer free registration but you will need to purchase bid packs to participate. So if you buy 100 bids for example, that may give you 100 chances to win the auction you’ve got your eye on.

Some sites also offer a ‘Buy It Now’ option, so if you don’t win an auction you can simply purchase the item at the retail price minus the cost of all or some of the bids that you placed, depending on that particular penny auction sites rules. This means that you can often bid against your competitors with little or no risk while trying to grab a bargain.

Penny Auction Items

A wide range of items are offered up on penny auction sites and most are extremely high value items such as iPads, Apple iPods, laptops, cameras, consoles and designer goods. You can also bid on high street gift vouchers and in some cases, cash amounts.

Tips and Strategies for Penny Auctions

Some might say that it’s down to pure luck but there are a few tips that could increase your chances for winning a penny auction:

1. Save up any free bids you get and use them to place on bid packages.
2. Set yourself a limit and don’t be tempted to go over that.
3. Don’t set early bids, if you have the nerve then it’s best to leave your bid as late as possible - the last few seconds are usually the best.
4. Stick with low cost items at first as there will be less competition and it’s the best way to get started.
5. Peak bidding times are usually in the evening and at weekends, whereas early mornings are quieter so you may have less competition around that time.

quibids.com - Remember that bidding on penny auction sites does not guarantee that you’ll end up a winner, so it’s often best to see it as more of a game that can be enjoyed but a bonus if you win. For most bidders it’s thrilling and exciting so make sure you don’t get carried away and risk more than you would like to.

stock broker salary - According to demographic trends in the US, as well as across the globe, the industry of business brokerage is a tremendously lucrative one with incredible growth potential. If you want to become a part of this industry and benefit from what it has to offer, you need to know where to go to begin obtaining the proper knowledge to become a business broker. While many states do not require formal certification, those that do include prominent states like California, Florida and Washington. A total of 16 states require certification, but even if you plan to buy and sell business entities where it is not mandatory, the skills and knowledge you acquire are well worth it. Here is how to find business broker certification programs that work.


First off, the certification programs that really work are led by experienced business brokers. Look for a Certified Business Broker program, or CBB, where the trainer has years of personal brokerage experience. Read about the trainer’s credentials. If his or her accomplishments include what you are hoping to do yourself, you can be fairly positive you have found a program that will work for you. After all, choosing a business broker certification program is similar to choosing a university to attend in that there are many to choose from, and many will get you where you want to go, but some are better for your situation than others.

If you are unsure where to even begin your pursuit, you should feel comfortable completing online searches for the perfect business broker certification program. Many are offered 100% online, which is convenient for you because you can work toward your certification at your own pace and at whatever time is most suitable for you. Flexible programs are the ones you can trust the most. If a program insists that you complete your certification training within an exact specified timeframe, they are not taking your needs into account and may prove to be a less successful program.

On the other hand, a program that lets you expand a five or six-month program into a 12-month or even 18-month experience, you have found something flexible that is designed to work for you. Also, programs that work often limit the number of people enrolled per session. This is similar to the benefits of smaller university class sizes, as you will have a better opportunity to benefit from niche training programs that earn you your business broker certification with smaller enrollment.