So which penny auction sites deliver the best deals on a regular basis?
This is one of the most common questions we receive. The whole point of penny auction websites is to score the best deal possible on top-notch products. So which penny auction sites are really the best?
Well there are three major factors that are associated with the total cost of an item from a penny auction site. These factors include:
- Cost of bids
- Cost of shipping & processing
- Likelihood of winning
I’m sure that based on the above three factors you’ve realized that “likelihood of winning” can throw off your entire strategy.
Your best option in a scenario like this is to calculate your total cost to the best of your ability, which is what we have done for you below.
Penny Auctions – Cheapest Bids
As far as we know, the only penny auction site that has static bid prices is Quibids. They maintain the same price per bid, which is 60 cents – generally speaking Quibids is the most expensive per bid because they never give any away for free or on a discount basis.
Most of the other penny auction sites such as Orangebidz, Beezid, DealDash and HappyBidDay vary on their bid prices – some as low as 10 cents (HappyBidDay).
Penny Auctions – Cheapest Shipping and Processing Costs
Yay! You won a penny auction – now for the real costs. Some penny auction sites cover the cost of shipping, and some do not.
Penny auction sites with FREE shipping include:
Penny auctions that DO NOT cover shipping include:
Free shipping doesn’t necessarily mean the items are cheaper in the long run. You should always consider the amount of capital you’re spending on bids and time invested. Do some math, and set some limits for yourself – that is the key to success in the penny auction world.