The how too's of Penny Auctions on Swoobug.com

Dec. 12, 2009 - PRLog -- Can everyone be a winner? Important information about free bids
Help center > Frequently asked questions > Special Announcemet ( Important )
Enjoy the thrill of bidding but never leave Swoopbug.com empty handed. You can still get the product even if you don't win the auction. Any time during the auction, you can choose to buy the item at a discount price. You'll never have to pay more than the Worth Up To price for any products on swoopbug.. The auction will continue as usual, so other bidders can battle it out



How do I bid on SwoopBug.com
Help center > Frequently asked questions > Bidding

Bidding on swoopbug.com is straightforward. Just follow these four simple steps:

Join us for free
Charge-up your account with Bids
Pick an auction
Bid and win!

Join us for free
If you want to bid online, you´ll first need to sign up. Joining us is free and easy. As part of the sign up process, you will need to confirm your email address by clicking on the link in the confirmation email sent to your account.
Once you're confirmed: congratulations - you´ve joined us on swoop bug.com

Charge-up your account with Bids
Each tender costs just $1, available as Bid Packs of 25 , 50 , 100 , 250 , 500 and 1000. Pick the Bid pack size you want and decide how you want to pay: via PayPal or Google Checkout.

Pick an auction
What will it be? A brand new 42' plasma TV? The latest laptop computer? Or maybe a new leather handbag? Pick your product and go for it! You'll always find a selection of our most exciting auctions on the homepage, or you can browse through the categories to find just what you're looking for.

Bid and win!
Here we go - you're now ready to take part in your first swoopbug.com auction. Just click on the 'Bid' button! Simple, huh?

If you need to leave your computer, don´t worry - you can use the 'T-matics' to place bids for you when you're away. Click here for a visual explanation of how the T-matics works.





Who wouldn’t like to win a Apple Macbook or a new Samsung LED Television for $24.60? SwoopBug offers this opportunity every day to its users. What is the best way to win one of these auctions? Here’s what we recommend:




Have Realistic Expectations



First, go into an auction with realistic expectations. It is important to understand that the most expensive items also have the most competition. Items that are over $1,000 in cost will often generate a lot of interest and bidding. It is not uncommon for these items to have over 100 people bid on them during the life of the auction. These auctions are high risk/high reward and they should be treated that way. Winning these auctions with a small number of bids is possible and happens every day This is not the norm however. Most users that win more expensive items have placed a significant number of bids before winning. Feel free to try your hand at winning with only a few bids placed, but do so with the knowledge that the odds are small of successfully winning.


Homework Does Pay Off

Second, focus on an item that you would like to win and watch auctions containing this item. There are many different factors that affect what price an item will ultimately sell for. Many of these things can be learned over time by watching and observing. For example, certain items will generate more competition and bidding at night than in the afternoon. Savvy users are often rewarded for doing research before bidding on a large auction.


Focus on the Goal

A couple more tips before you get started. Focus your bidding on one auction at a time. Users who focus their attention on one item have a higher success rate and are generally more satisfied with their experience using SwoopBug. Also, go into an auction with a sufficient number of bids so that you will not have to leave the page to buy more bids while the auction is going on. Finally, set a budget of how many bids you are willing to spend and stick to it.


What if I don’t Win?

We are committed at SwoopBug to provide our guests entertaining shopping and great deals. One way that we stand by this commitment is through offering the option to “Buy it Now”. The “Buy it Now” feature allows you to use any bids that were placed during an auction towards the retail market value of that product. It is our way of showing how much we appreciate your business.

We hope this helps you pull in the “Big Deal” and we’d love to hear from our users of other tips they have to help win the “Big One” in our comments section below.

SwoopBug does not guarantee that using the above suggestions will lead to winning any auction. The article above should be viewed as an opinion


What auction types or formats are there?
Help center > Frequently asked questions > Auctions
Penny Auction
In a penny auction, the price rises by just one cent with each bid placed.
Park Avenue Auctions ' For the Elite '
the difference between this auction and all the rest is simple, you need to have the money to purchase. if your concerned about the price or if you do not have a large enough bid pack you are at the wrong auction catagory. most of these items are Name brand quality items with high ticket value, some range in the 20 to 30 thousand dollar catagory. Although you can expect to find a bargain here be prepared to spend some big bucks.

2 cent Auction
In a 2 cent auction, the price rises by just two cents with each bid placed.

6 cent Auction
In a 6 cent auction, the price rises by just six cents with each bid placed.

24 cent Auction
In a 24 cent auction, the price rises by twenty-four cents with each bid placed.

NailBiter Auction

This auction is not for faint of heart. it's fast paced and exciting.During a NailBiter Auction, T-matics aren't allowed. Users may only place single bids by manually clicking or calling. Don't walk away or you miss the next incredible deal!

Beginner Auction
These auctions are a special offer to our new customers that have not won an auction onswoopbug before. You can only bid on one Beginner Auction at a time. After you have won your first auction, you will no longer be able to bid on Beginner Auctions.

20-Second Auction
All auctions start as 20-second auctions. The countdown increases by a maximum of 20 seconds each time that a bid is placed.

15-Second Auction
You guessed it – with these the countdown increases by a maximum of 15 seconds with each bid placed.

10-Second Auction
You guessed it – with these the countdown increases by a maximum of 10 seconds with each bid placed


How much does a Bid pack cost cost?
Help center > Frequently asked questions > Special Announcemet ( Important )
Each Bid costs just $1, and are available as bid packs of 25 , 50, 100, 250 , 500 and 1000. And With the purchase of each Bid pack you get extra bonus bids. Remember the larger the bid pack purchase the more free bonus bids you get. Always purchase enough bids because you Never want to find yourself out of bids when it's critical and you are just $1.00 away from winning

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We are a penny auction site offering Name Brand items for auction at an almost 95% savings from retail store prices. A most significant difference between swoopbug and most other auctions is we deliver all our merchandise from our own warehouse..

Enjoy the thrill of bidding but never leave Swoopbug.com empty handed. You can still get the product even if you don't win the auction. Any time during the auction, you can choose to buy the item at a discount price. You'll never have to pay more than the Worth Up To price for any products on swoopbug.. The auction will continue as usual, so other bidders can battle it out