How to Make Money on Penny Auction Sites like CheapOh!

When you land at a very large Penny Auction site, you often see items costing 50% of retail, plus the 10,000 credits people are using at 0.40 cents. Most auction sites make you Buy Penny Auction Bids before even seeing an auction! From listening to other consumers experiences, they mostly have all had bad luck with the larger, multi-million dollar .01 cent Penny Auction. Bidding sites.

However, I have had some personal friends that have been able to make a good $500+ a week strictly buying bid voucher packs and going after single, bigger items on less-known, less-traffic Penny Auction Sites.

By simply being in the right place at the right time, or just by being a blatant observer, you can figure out the trend of an item, when it’s slowing down and how many bids is this user going to bid on this item? This is where it is easy to win on smaller trafficked, smaller prizes sites. However, Bidding 8 times to pay .39 cents for a $25 Ta rget Card, a net total investment of $4.39. A $21 profit isn’t so bad. Do that three times fast for your minimum wage for the day.