If you want to buy a new digital TV, laptop, console, or other electronic gadget, you may be interested in penny auction sites. Penny auctions are a great way to receive huge discounts on consumer electronics like these, if you know what you are doing.
I’ve won a PS3, two 42″ flat screen tv’s, some bose headphones, and a kindle for significant discounts. Many customers receive 70-90 percent off on otherwise expensive items. Not everyone can afford to pay top price for new electronics, but there’s no denying the utility and fun they can add to our lives.
The best site for new bidders to win electronics is Beezid.com. They have awesome high end electronics kindles, tablets, ipods, and in beginner only auctions. Look for the ‘Cherry’ next to the auction and that means only people who have never won an auction before can participate!
New Bidders Only Could Bid In This Auction
The cherry signifies this is for new bidders who have never won before.
Warning -It’s Not So Easy, Or So Cheap Sometimes
If you haven’t participated in a penny auction before, here’s how it works.
In a penny auction, you place bids on an item you’re interested in purchasing. Each bid costs you a small amount of money (generally fifty-75 cents or so; it varies depending on the site where you’re bidding).
Each bid placed on an item raises its price by a penny or some similar incremental amount, and also adds a second onto the auction time.
Once the clock runs out and no more bids are placed, the top bidder receives the item at the auction bid price. While penny auctions can go on for a long time, those which don’t typically end with the item at a relatively low price compared to retail value. You need to add in whatever you paid on your bids to the total price, but even then the discount is usually hefty.
If you win.
Penny Auctions 101 – Concrete examples to show you exactly how penny auctions work.
Why Beezid Is The Best Penny Auction For New Bidders Who Want Electronics
Beezid is unique in the penny auction world. They are the only site that offers such high end auctions exclusively for new bidders and people who have never won an auction on Beezid before. They have really nice items. Especially compared to HappyBidDay and Quibids. The newbie items on HappyBidDay are such low value that it is hardly worth it. And with Quibids you are likely to win a t-shirt plus 25 free bids with one of your first easy wins.
Not so at Beezid. They have really good stuff in their ‘never won an auction before only auction’. These are signified with a ‘cherry’.
The best site for new bidders to win electronics is Beezid.com. They have awesome high end electronics kindles, tablets, ipods, and in beginner only auctions. Look for the ‘Cherry’ next to the auction and that means only people who have never won an auction before can participate!
Winning High End Electronics Like TV’s, Ipad’s, & Laptops
If you do plan to bid on beezid, you should consider the beezid stats tool that can give you the advantage you need to win. If you are new, or relatively new to penny auction bidding you should take some time to read our in-depth strategy articles.
You can also win electronics on the other sites like HappyBidDay.com and QuiBids.com.
HappyBidDay is a smaller site with fewer auctions and few competitors. Quibids is the largest penny auction site in the USA and they are the least ‘risky’ overall because all of their auctions offer a buy one now opportunity. This lets you apply the money spent on wasted bids towards purchasing the item at retail price.
There are usually free bids available just for signing up and opening a new account, and there are regular promotions, contests and giveaways which give you other opportunities to get free bids. Sometimes the items which are auctioned off also include free bids, so if you win an item which includes free bids, you receive not only the item but also the bids which you can then use for future auctions.
Taking advantage of free bids means that you only pay what you bid on an item if you win it and don’t risk any other cost. Otherwise just remember that there is an element of risk in your bids. Free bids are a great way to get your feet wet and decide if penny auctions are something you enjoy. The element of risk also adds excitement and fun to the buying process; you never know when you might win a new TV set, computer, or other gadget at a great discount. You’ll also find tons of other items in different categories!
