Choosing the prime penny auction sites online could end up being a difficult job. In the end, how can one know which are scams, which ones have way too many competitors, which ones actually ship their products to the champions, and so forth? There are numerous time consuming (and occasionally money consuming) practices that?ll allow you to weed out those are worthwhile. For six years I?ve followed the penny auction business online. I?ve seen them pop up all around the web at alarming rates. Then, in an attempt to market their sites, penny auction entrepreneurs purchased more sites posing as media stories, or authorities going for good opinions. For that reason, whenever you visit a website that claims to understand which penny auctions are most useful, have a second to think about that an owner created this simply so she or he can rank themselves number 1. For every fifty penny auction sites, forty-nine aren?t honest. Therefore be careful and purchase estimates at your own personal risk.Which businesses are legit?There is only one solution to be completely certain in case a penny auction site is legit. And that might be to get estimates, get the item, and have the item mailed for you. However, this little trial and error requires losing a good deal of money. After six years of tracking all of my spendings and statistics on hundreds of penny auction sites, I?ve dropped my fair share of income. However, now that I know those would be the real deal, I am rapidly starting to earn straight back everything I?ve lost. The following list and statistics I provide are strictly with the objective of helping you save from the difficulty I have experienced. As well as, I?d hate to see another dime enter the pockets of a greedy con artist.Penny Auction StatisticsOver the years a spreadsheet has been produced by me checking my analytics on every penny auction site. The exact same approach was used for all of them. First, I qualified waited to see which products sell 3 times and which products I need. The average value was computed. I then purchased at the least 100 bids, and waited for that to pop-up again. Once it hit its regular cost, offers were placed all 100 by me until I either won or went out of bids. Eventually, a score would be allocated to that particular company.The score of every site would start out at 100. With each bid I put, I deduced ? point from the total. Therefore if I was bidding on a Macbook, bid 40 times and won, the internet site I won on received an of 60 (100 beginning score minus the 40 offers applied). As all 100 estimates were chosen without winning many the penny auctions scored a. This was done for 5 products on each site. The typical score overall score was then calculated. Therefore when Ishop4Cheap obtained a, 22, 0, 70, and 4, for every of its objects, it completed having an average of 21.6. Over the span of 2,243 times, I ran these calculations on over 200 companies. The following list includes the most truly effective 5 score businesses.Top 5 Penny Auction SitesCheapElectronicsDepot ? 24.8
Swoopo- 20.0
IShop4Cheap ? 19.8
Beezid ? 8.2
Wavee ? 7.3
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Source: http://twpresent.com/2012/08/12/top-dollar-market-sites-online/
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