Answering Frequently Asked Questions about Penny Auctions
If you have ever been interested in penny auctions, Viagra Professional chances are you have had many questions about these complex, competitive auctions. Before investing your money into things you may or may not win, you will want to find the answers to your questions, and set your mind at ease.
First of all, you may be wondering if the item you are bidding on is new or used. They are all completely new, and should come with the manufacturer’s warranty.
If they do not come with all of the proper documentation, notify the website and the seller immediately and obtain the information. Check the website’s policy on items that are not warranted.
You also may wonder how much you actually have to pay if you win a product. Well, this will depend on how many bids you put in.
Most websites require that you pay one dollar per bid. The number of times you bid is completely up to you-if you win however, all you will need to pay is the actual price, Brand Cialis which is usually only a matter of a few dollars.
The final price should include the tax and the shipping cost. The shipping will always be included, and not an extra expense.
If you are confused as to when an auction actually ends, the answer is this: it is over once the clock has reached the final countdown without any new bids being placed. You see, every time a new bid is placed, the time on the item is extended.
This can be very frustrating, and require great diligence on your part. As you can see, this type of bidding can be trickier than it seems.
If a brand new item is only bid on once and the time ends, then the lucky bidder has won their item for a mere penny. This is not the usual case however, and you can usually plan on spending a good deal of money on your bids.
When you bid, you bid with credits, which are purchased through the website. Make sure to research the price of the credits you are purchasing, and exactly how they may be used.
Most credits do not expire, but some do. Be sure that you know exactly when your bids must and can be placed.
If you are wondering if credits are refundable, unfortunately they are not. As was said before, they do not expire, and can be used anywhere in the world.
You can bid on one item as many times as you want, and on as many items simultaneously as you would like. There are no limits-just your number of credits and the time left on the item!
In general, you can only win five auctions per month. If you win a sixth item, you will not be able to buy the product, and it will be put up for auction again.
For this reason, you may want to take the precaution of not bidding on more than five items, in case you were to waste money by winning a sixth and losing it. If you have extra bids, you cannot cash them in-you must use them on that particular site.
Perhaps you have heard the term “shill bidding,” and are wondering what this is. Shill bidding is a term used to describe the practice of bidding on your own item to increase the number of bids.
Some penny auction sites employ bots to do this-research the site ahead of time, to make sure that you aren’t being scammed. You may also want to consider a bid butler.
A bid butler is a penny auction feature that places bids on your behalf, when you are unable to do so. Many sites will allow you to customize your butler to bid and stop bidding exactly when you want it to do so.
You may be wondering about your payment options. Check the website thoroughly to make sure that your payment options are completely safe and secure, as well as officially approved.
Most websites will use high-security encoding, or SSL, to protect your payment details when they are being processed. In general, most major credit cards are accepted.
Be sure that the website you are giving your payment information to is completely legitimate, and comes with a detailed receipt. There is nothing worse than having your identity stolen, and your accounts drained.
With the answers to these simple questions and some research, you can successfully make your way around the penny auction world. Good luck!
Author Bio: Ronald Pedactor has been in sales for the past 22 years and is considered an expert on the subject. He has found Nitrobids to be the best penny auctions for great electronics, vacations, and new cars.
Contact Info:
Ronald Pedactor
RonaldPedactor09@gmail.com
http://www.nitrobids.com
Category: Culture and Society/Shopping/Online Shopping
Keywords: penny auctions