For so many of us in today's economic climate,
saving money... a lot of money, is becoming more important with each
passing day. As the cost of living continues to grow under the current
American political spectrum, nothing is safe from rampant price
increases. Food items, for example have risen by as much as 30% for
wheat since last April through July. Factor in the rapidly increasing
cost of fuel for not only your car but for home and office as well and
you'll quickly understand: Americans are looking to save each and every
penny earned.
So then how can people still save money on the items that, while not
mandatory, are still on peoples shopping lists in order to
maintain their accustomed standard of living?
A few months ago I stumbled across an ad that touted electronics like
Macs and iPads for pennies on the dollar. Choosing to be "wise", I
initially dismissed these ads as some kind of come on.
"Just another scam" on the internet, befitting of my (until then) unknown rich uncle in Nigeria who died leaving me trillions of dollars in hidden bank accounts.
Oh how foolish I was. But I can rest assured that indeed hindsight is 20/20.
So how can I save money? How do I get the electronics at blow out prices and maintain my standard of living and technology? Penny Auctions.
Penny auctions have been around for a few years now and after an
initial teething period where some scammers came and went it
appears that now is the time that the true and honest penny auctions
come to power and legitimize the entire industry. But be mindful, there
are only a handful that I myself trust: QuiBids.com & PennyGrab.com
While each of these three differ significantly in their business
models, they all offer the same idea: virtually anything you want to buy
can be "won" for literally pennies on the dollar in a safe, secure
environment.
PennyGrab.com for example, has several different styles of penny
auctions. The traditional penny auction where there is a timer and
once that timer reaches zero, the final bidder wins. But Pennygrab also
has what's called the random reserve (or hidden reserve price) auction
where the final ending price is randomly selected and "hidden" until the
final price is met. Sometimes it's pennies, other times it's (still) at
a significant discount. But what is truly unique about PennyGrab is
that within most of the auctions are Bonus Prizes of anything from free
bonus credits that you can use to place subsequent bids... to items like
gift cards, electronics and more.
While not as "giving" as PennyGrab.com, QuiBids and Beezid both also
offer items at substantial savings, but nowhere approaching the near 50%
off retail pricing that you quickly fall in love with at PennyGrab.
PennyGrab offers Black Friday pricing 365 days per year and that's no
small feat!
What's equally impressive is PennyGrab's commitment to customer
service, quality and fair play. Not only do they hold
themselves accountable, but they expect each PennyGrab Member to be fair
and friendly and every bit as honest as they hold themselves.
But does it work? In a word, YES!
During my investigative time using PennyGrab, I logged intotheir chat
room and met some of the other Members. Not only did they give
this newcomer to all that is penny auctions plenty of advice and tips,
but they also hand walked with me and helped me to actually win my first
few items! How is that for community involvement?
Need more? How about the 27" iMac I won for $423. Or the (near) $400
in various gift cards (that I was allowed to exchange in equal dollars
for other items and gift cards that I truly wanted? Now this folks
is customer care in its purest form.
If you're looking to save money, you should give penny auction sites
a look. With all else in the world seemingly increasing in cost
each and every day, it is an amazing thing to find value in a world
fraught within a vicious cycle of increasing costs.
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