Penny Auction Update

Get your best deals on the following Penny Auction websites:

• Quibids
• HappyBidDay
• DealDash

Bidding Strategy: Bidding on Small and Large Penny Sites

Every penny auction player has a unique strategy when participating in penny auctions. For myself, my strategy changes depending on the size and customer base of the penny auction site. Below are some tips for penny auction winning strategies for varying auction sizes.

Strategy for winning on different penny auction sites:
Small Site:

• If you play often enough, you might be able to know your competition on a smaller penny auction site. Get to know the strategy of your competition. Memorize your fellow bidder's screen names and bidding preferences. You will quickly learn which players are easy to beat and which players will put up a fight. You might also learn the bidders stopping point. Some bidders always stop bidding after the auction reaches a certain dollar amount or once they place a certain amount of bids. There are power bidders out there who will purchase 500 bids and not quit unless they win. These are what I like to call your gamblers. They obviously get a rush from winning and won't give up. I bid against these people, but I try not to match them. I've seen these gamblers spend 500 bids on something like a $20 DVD. It's ridiculous. However, you can also pick out the bidders that always just throw down 10 bids and then quit. If your bidding against that type of bidder, please continue and you will likely win.

 Large Site:

•  On large penny auction sites like Quibids, it is tough to get to your competition because there are hundreds of bidders on the site at any give time. On large sites, it's best to just play smart. Make a game plan, choose 1 to 2 auctions that you would like to focus on and plan accordingly. Set a limit of either bids or auction price that you would stop bidding at. Don't let the rush of the auction control your spending. On large penny auction sites it's also best to bid during non-peak hours. The online penny auction non-peak hours are in the early morning when people are getting ready and driving to work. I've also noticed a good time to bid is around 4-6 PM when people are commuting home or eating dinner. It's not good to bid after dinner and late at night. Most bidders are on during late evening hours. I've even seen a huge peak in bidders around 1 and 2 am. 

Hope these tips help and happy bidding!

Bid66 Site Closed

At the beginning of the year, the popular penny auction site Bid66.com temporarily closed. Bid66 has been auctioning big and small merchandise since 2009. The company temporarily closed it's site during the summer of 2011 for upgrades. The old Bid66 site auctioned large items like big screen TVs, patio sets, appliances and more. The old site had some dated images and so Bid66 closed their doors during the summer of 2011. In September 2011 Bid66.com reopened with a fresh new site and new business model. The online auction site no longer sold large items, but gift cards instead. Gift cards were a huge hit. Bid66 auctioned gift cards from: Amazon, Wal-Mart, Target, Chilis, Outback Steak House, Kohls, JCPenneys, Subway, Hess gas, Cheesecake factory and more. This is a merchandise shift that I have seen in several penny auction sites. The only product that Bid66 continued to sell from their old site to their new site was bid packages. The site extended their business hours and no longer paused their auctions at night. I contacted the owner of Bid66.com last week and they are hopeful that they will reopen soon. The site closed in order to update some site features.  I expect in the next few weeks I will have updated news regarding the reopening of Bid66. In the mean time you can get more information from their Facebook page at: http://www.facebook.com/pages/Bid66-Penny-Auction/156705827704771

Continued Black Friday at OrangeBidz - All Weekend

Love deals? OrangeBidz wants to help you with your Christmas shopping by extending their Black Friday deals through Cyber monday!!! All bids placed will be returned to you if you do not win. If auctions run past 11:59 PM, bids will be credited after the final auction ends (and before auctions begin on Tuesday). Even if you win an auction this weekend (through Monday), you will still receive all bids back placed on auctions you did not win.

OrangeBidz also is having a HUGE sale on bid packs. Their bid packs have never been this low! Take advantage of this steep sale and stock up on bid packs now! Below are the bid pack prices:

45% off price list
30 $22.50 - $12.38
50 $37.50 - $20.62
100 $75.00 - $41.25
200 $150.00  + 25 Bonus $82.50
300 $225.00 + 60 Bonus $123.75  
500 $375.00 + 60 Bonus $206.25
1000 $750.00 + 60 Bonus $375.00 (50% Off)

OrangeBidz' auctions open at 4:00 PM. OrangeBidz has also announced that they will be opening the option to Buy It Now in the near future.

Nailbidder Will be Closed Thanksgiving Weekend

The penny auction site, NailBidder.com will be closed Thanksgiving weekend: Wednesday Nov. 23rd - Nov. 27th. The site will reopen on Cyber Monday November 28th. However, make sure to stop by the site on Tuesday Nov. 22nd where they will be auctioning a Amazon Kindle.

Free Bids on OrangeBidz.com

Today only, get 2 free bids for just signing in to your account at OrangeBidz.com. If you log into your OrangeBidz account any time today, 11/16 your account will be credited 2 bids. Auctions start at 7:00 PM EST today. Feel free to use your free bids today or save them for another time. Today OrangeBidz is also having a huge special on their large bid pack. You can purchase 170 bids for only $96, that is just $0.56 a bid. Hurry because this offer expires today. Tonight OrangeBidz is auctioning an Amazon Kindle with WiFi, 3D TV expander, Amazon gift cards, bid packs, kitchenware, Apple Products, video games, Walmart and Best Buy gift cards and more!

Quibids - The BIGGEST Penny Auction Site

I was bidding on some auctions on Quibids yesterday when I took a look at the Quibids site's news updates. I saw their ad "There are Over 1,000 Winners Everyday on Quibids.com." Wow, this is just unbelievable. There are over 1,000 people who win on Quibids everyday!!! I don't know if this number includes auction wins only or also buy it now "wins". I don't know if I would count buy-it-now on Quibids as a win, as it is more of a purchase. I talked to a friend who used to do shipping for Quibids and he said that he used to ship over 5,000 items a day for Quibids. Thus, maybe Quibids number includes just auction winners. It looks like the Quibids Lawsuit has no effect on Quibid's sales volume. Their site is still growing steadily and they have kept many loyal customers. Quibids is the largest penny auction site because they have the most products, the most unique items and the best customer service. All products sold on Quibids.com are brand new, never used. Quibids has 24/7 customer service and even has telephone customer service. You can contact Quibids at: (405) 253-2038. They are located in Oklahoma City, OK and are on central time.

HappyBidDay Celebrate's its 1 Year Birthday

HappyBidDay.com, an online auction site that offers a unique twist to shopping, has announced an exciting lineup for the month of November. The site has quickly grown to become one of the most popular and fastest growing online penny auction sites in the industry. Site owner, Lisa Dee, is rewarding members for the success.
“We had a great first year – thanks to our members,” explains Dee. “As a reward to our loyal members, we’re giving away lots of free surprises.”
Loyal members get 35 percent off their next two bid pack purchase from November 1 to November 7. They will also get 200 free bids for each day they log-in. Members who invite friends to share in the fun get 100 extra bids for each new friend that joins. Members also have access to Facebook invites, allowing them to easily invite friends and rack up free online auction bids.
New members get special birthday gifts, too. These members are awarded 100 free online auction bids - just for signing up. An exclusive bid pack discount of 20 percent is also available to new members. These members get access to the site’s reward program. The program offers perks simply for participating in happy penny auctions. Registration is no-cost and takes less than 60 seconds to complete.
“We’re thrilled to celebrate our one-year anniversary with our members,” explains Dee. “The month of November is going to be an exciting time. For the first time ever, HappyBidDay will auction off two 1,000 bid packs per week. Plus, members can log-on daily to get access to unannounced surprises. There’s truly no other online auction like HappyBidDay.com and we’re thrilled to share this special time with our members.”
For more information about HappyBidDay.com, visit HappyBidDay.com, or email pr@happybidday.com.

OrangeBidz FreightFest Promotion This Weekend

This weekend OrangeBidz is having a HUGE promotion to celebrate Halloween. Today and tomorrow, October 29th and 30th, bid risk free! OrangeBidz will be giving every bid placed these 2 days back!  If you do not win, OrangeBidz will refund the bids you used on the auction. If you do win, your bids are not refunded. Also there will be a big promotion on bid packages. If you buy 2 bid packs (any size) you will get your third free! For example, if you buy (2) 100 bid packs you will get a total of 300 bids for the price of 200.  In order for this promotion to qualify, you must purchase 3 of the same size bid pack. So 3 bid packs of 50 or 3 bid packs of 100. 

All bids placed on auctions that you did not win this weekend will be returned to your account on Sunday October 30th at 11:59 PM PDT.  Hurry and make sure you take advantage of this promotion this weekend. I've NEVER seen such a big promotion. Not only can you bid risk free but bid packs are 33% off (using the buy 2 get 3rd free promo. OrangeBidz offers lots of products and lots of auctions. They are very comparable to Quibids, but have much better specials. Quibids rarely ever has any kind of promotion, other than the Quibids Facebook promotions.

New PointnBid Coupon Code

The Australian based penny auction site PointnBid.com has just added coupon codes to their website. I contacted the owner and got a code for BidPenny blog readers. The code is BP15 and is worth 15 free bids with a purchase of any bid package. Please use this coupon code quickly as it expires on Nov. 22nd 2011. This coupon code is just in time for the holidays though. Use the coupon code to get even more savings on your Christmas gifts.

If you are new to PointnBid you can register and receive 1 free bids. Bids are realitively inexpensive on Pointnbid. You can use the BidPenny promo code - BP15 and buy a bid pack of 20 bids for $15 and get 15 bids free!

20 bids = $15.00

50 bids = $37.50

100 bids = $75.00

200 bids = $150.00

500 bids = $375.00

800 bids = $600.00

Gift Card Mania Is Back!!!!

It's time to celebrate! Gift Card Mania is back today (10/26) on OrangeBidz.com. This is a great promotion that is just loved by all OrangeBidz customers. Starting at 4pm PDT a gift card will be auctioned off every 5 minutes with bid packs in-between. All autobidders are disabled and Orange will be sending out a very special offer through email to all users. If you are already a member of OrangeBidz, check your email for an offer for a discounted bid pack. If you are new to OrangeBidz you can register today and receive 2 free bids.

The gift cards being offered this afternoon and evening on OrangeBidz include: Walmart, Amazon, TGI Fridays, Jack In The Box, Sephora, Kohls, Shell, OverStock.com, Target, Bed Bath & Beyond and more! Don't miss this huge event. With gift cards being auctioned every 5 minutes there is plenty to win. Also, these gift cards are just in time for the your holiday shopping. Save more on Black Friday using gift cards from OrangeBidz!

New Bid66 Coupon Code

Last week Bid66 ran a promotion on Facebook for a coupon code to their site. The Bid66 Facebook page asked their current fans to spread the word about their Facebook page. Once their fan page reached 100 Facebook "likes," Bid66 would release a new promo code. Their fan page reached their goal yesterday and just released the coupon code: FACEBOOK100.

The coupon code: FACEBOOK100 is worth 5 free bids and expires in 6 days on 10/31/11. This is a value of $2.50. However, items on Bid66 usually sell for around $0.10-$0.60 so you can gain even more savings.

To enter the coupon code just go to http://www.bid66.com and login. On the right side of the home page click on the gray button "Promotion Code." Then just enter FACEBOOK100 for your 5 free bids.

Visit my blog later this week for more penny auction coupon codes.

Get Your Penny Auction Coupons at CouponCheif.com

Penny auction bidders are always looking for ways to save. Isn't that why we bid and play on penny auctions? Where else can you get a gift card for only $0.25!!! We are familiar with penny auction discount coupon sites like Penny Auction Coupon. On PAC, you can buy discounted bid packs for around 70-80% off retail price. Penny auction customers also can find coupon codes on blogs like my own, BidPenny. But now there's a new site to get penny auction coupon codes, CouponChief.com. On CouponCheif you can search and find coupon codes to Quibids, PennyAuction.CA, BidCactus, Bid66, BidHere, BidNerd, Bidaroo and more!

I like using CouponChief so much more than RetailMeNot.com. CouponChief is much more current than the other online coupon sites out there. Plus CouponChief allows users to submit their own coupon codes. The CouponChief members can rate, comment and validate coupons so that you know that you are looking at the most current and active coupons on the web. Once a coupon is expired CouponChief removes it from the site. You can even make money if you share your coupons on CouponChief.com. Just sign up for their Pay-2-Share Program and every time someone use a promotion code that you shared, you can earn 2% of the sales. Read more about the Pay-2-Share program at CouponChief.com.

Looking for coupons other than penny auction coupon codes? Well, CouponChief has coupon and promo codes for millions of sites. CouponChief hosts coupons and online promo codes for major US retailers like: Famous Footwear, Gap, American Girl, DSW, Target, SnapFish, eBags, Shutterfly, Kohls and TomTom. Searching for coupons on CouponChief is very easy. Under "Search for a coupon now" just type in the store or website you would like a coupon for and click "Search." Their search engine is powered by Google and pulls the correct results very quickly. So what are you waiting for? Save money on penny auctions and other retailers at Couponchief.com.

BidRivals Focusing More on Europe and Australia - Less on US

The online penny auction site BidRivals is shifting their business away from the United States and creating a larger focus on the European and Australian markets. BidRivals will still have auctions for the US but will have much more for Europe and Australia. The penny auction site also will be ending their affiliate program with 3rd party sites in the US. Their affiliate program ends on October 24th 2011. BidRival's core markets are in Europe and Australia. Only a small percentage of their customers are from the US. By focusing their efforts on their core markets they hope to strengthen their market share in those countries. BidRivals will still remain one of the few global / international penny auction sites. The movement away from the US market just goes to show how competitive the penny auction industry right now. Hundreds and hundreds of penny auction sites have popped up in the last 2 years and 99% of them have gone out of business. Even the larger sites like Swoopo, BidFire, Bidash and BidRodeo are out of business. Sites there are still open (with the exception of Quibids) do still struggle. For example, Pointnbid's auctions usually always end at <$0.25. The owner is most likely losing money every day. The economic recession has drawn people to find better deals, thus turning to the penny auction market. However, if customers are not winning enough, they usually do not return.

Facebook Promo for Bid66.com

Bid66's fan page on FACEBOOK is having a promotion. The page currently has 73 likes and once it reaches 100 fans it will release a new coupon code. This is a great deal. The coupon code will be for 5 free bids. As most items on Bid66 are selling for so cheap (around $0.25) these 5 free bids could really help you win an awesome gift card or electronic. Make sure to like the Bid66 fan page and tell your friends. Just 27 more likes to reach the coupon code. To like the Bid66 fan page visit: http://www.facebook.com/pages/Bid66-Penny-Auction/156705827704771

To Spend a Bid or Not Spend a Bid?

I've been watching a lot of auctions lately on Quibids and the penny auction site Bid66 lately. I've been paying close attention to winning penny auction strategies of different players. There are multiple strategies used on many entertainment shopping sites. Such as:

1.) Immediately placing a bid right after another person over and over to intemidate
2.) Not placing any bids until the last few seconds of the auction, hoping to "snake" the other person

Both of these strategies can work but there are definitely cases where one is better than another. I think on Bid66.com strategy 2 (waiting to bid during the last 5-10 seconds) works better. This bidding strategy is better as there are less users on Bid66. Lately, I've seen auctions end at lower than $0.25. Often auctions are won for just $0.06 or $0.07.

On Quibids.com, penny auction strategy 1 (placing multiple bids) works best. Quibids has multiple users and bidders on every auction. You need to stake your claim on an auction in order to win on Quibids.  For more penny auction strategies read my blog post: Penny Auction Strategy Winning Tips

Spend Less Bids and Win More on Quibids Using QuibidsReport.com

I am always looking for a competitive edge on the world's largest penny auction site Quibids. More often than not I spend several bids on a Quibids auction and the auction is won by another bidder. There are theories and penny auction strategies that I have shared on BidPenny. However, a theory and strategy can only get you so far, especially with no data to confirm your theories. The website QuibidsReport.com is a HUGE aid to help bidders spend less bids and win more often on Quibids. 

Registered users of QuibidsReport.com are given access to auction databases. Some of the data provided includes:

• Best time of day and day of week to bid on Quibids (item specific)
• Auction ending prices of particular auctions
• Minimum and maximum sales price by product
• List of the easiest and hardest items to win
• Price point strategy using percentage quartiles
• Average auction ending price by day and by hour

The data used on QuibidsReport is updated several times a week. The QuibidsReport interface is very easy to use. Each auction is listed in alphabetical order. All you have to do is find the item you want stats on and BOOM you have statistical data to back up your Quibids winning strategies. QuibidsReport's auction descriptions give auction ending price data in easy to read graphs and data tables. The graphs make it easy to visually see the peak times to bid and the best auction price. I had to try QuibidsReport's stats for myself. I really enjoy the stats regarding the auction's average auction ending price by item. This helped me determine when I should start bidding on a particular auction. I choose an item that was recently ending on Quibids and I bid using their straddle method and won the auction in only 3 bids!


To join QuibidsReport.com all you need to do is register. Registration is just $6.99 a month. If you are not satisfied with your results you can cancel your subscription at any time.

New Penny Auction Site - WickedBidder.com

I came across a new penny auction site WickedBidder.com through PennyAuctionCoupon. Today only PAC is selling discounted bids for the new site WickedBidder. You can purchase 25 bids for only $5!!! This is a 73% discount on top of the discount that you may receive on Wicked Bidder's penny auctions. Just at first glance, I really enjoy the site. I love that their theme has the colors purple and black. It seems like every other online auction site is ripping off Quibid's blue and white theme. It is refreshing to see some different colors. The penny auction site offers so many unique auctions that I have never seen on any other site. For example, they auctioned a container of Red Vines!!! How crazy is that? It's cool though. Their timers are also a little different from other sites. If no one bids within the last 2 minutes the clock adds another minute. Thus the timers cycle between 1-2 minutes left in the auction if there are no bids. Bids can be purchased on WickedBidder for $0.70 - $0.75 each depending on the size of the bid package purchased.

Review of the New Bid66 Site

As most of you already know Bid66, the premier penny auction site, has relaunched. I was very excited for the site's relaunch as it is one of my favorite penny auction sites. Just the look of the site has improved drastically. The new site has a clean and fresh look. The old Bid66 site was fairly easy to use, but their new site is even easier. Their old penny auction site sold mostly products but no gift cards. The new site primarily sells gift cards and electronics. To keep consistency the site still offers free shipping but only on the gift cards. Other electronics can be shipped for $5 or $10. As the site is new, there currently is less competition. Take advantage of this! I've seen gift cards sell for $0.04 and a blu-ray player sell for $0.20. As an appreciation for Bid Penny readers, Bid66 has given me a coupon code. Use the promo code: BIDPENNY for 5 free bids on the Bid66 site. New users will also receive 5 free bids at registration. Thus using the coupon code new users will get 10 free bids! This is a $5 value for free on top of all the great gifts you can purchase for just pennies.

Penny Auction Winning Tips

To excel on penny auction sites like Quibids, HappyBidDay, BidRivals, Bid66, Pointnbid and more you need a little bit of luck and strategy. You won't necessarily win your first auction. Penny auctions take some practice. Don't waste a bid on an auction when it has several hours left on the timer. Most bidders wait to bid in the last 5 minutes of the auction. Watch other auctions on the online auction site before you bid on an auction. Take note of the following:
1.) Ending auction price of previous auctions
2.) Number of people bidding
3.) Amount of auctions
4.) Time in your time zone and others

When taking note of the ending auction price of previous auctions look at the recently won auction page. Most penny auctions have a page that displays recently ended auctions. If you have an eye on a particular item see if it is on a winners page and how much the item sold for.  Lets say you are looking to bid on a iPhone. If the iPhone recently was won for $2.35 don't start bidding until the auction is at least $1.50. This will save you some bids.

You can also roughly determine the amount of people on the online auction site if it is a small site. Most sites have about 10 auctions running at a time. Click on each auction and you can see the amount of people bidding. You can take note of the people on the site during different periods of the day. Determine what time of the day there is the least amount of people. The less competition the more likely you are to win. Most penny auction sites have less people from 2 am - 10 am. But also take note of other time zones. 7 pm in the east coast is only 4 pm on the west coast.