GT Bulmer | Penny Auction Site GT Bulmer © Affiliate Power Central | GT @ Google+

It had been years since I visited an online auction. Then, a few weeks ago, I was introduced to the Pricebenders Penny Auction site and wow, what bargains there are to be had! Electronics, software, gold and silver coins and much more!

Every auction starts at just one cent and the price goes up by one cent with each new bid placed. Name brand products are going for a fraction of their regular retail price and if you are there and bid at the right time, you might pick up some valuable items for less than $1.00.

But, I’ve got to warn you: Pricebenders Penny Auctions can be captivating! Perhaps even a little bit – dare I say – addictive? If you are going to participate, you will have to control yourself and develop a strategy so your bidding doesn’t get out of hand. …

Take a look at some recent auction activity. This penny auction site is incredible:

Penny Auction SiteOn October 13, a new Apple iPad 2 Tablet, 2nd Generation, went for eight cents. No kidding!

On October 23, a new Kindle Touch 3G e-Reader went for $1.20!

You can visit the Pricebenders site and check out the complete list of items, prices and winners’ names. There are some auctions for members only and you will not be able to see the winners of those auctions unless you sign up as a TripleClicks member (free).

– Also on October 23, a new Pan American One Ounce Silver Bar (and 50 TCredits) went for $1.97.

– On October 24, a new Samsung Series 5 Chromebook went for $26.85.

– On October 22, a new Toshiba 32-Inch LCD HDTV went for $19.38.

– On October 20, a new four-disc movie combo pack of Marvel’s The Avengers (2012) went for just 74 cents! (The winner also received 50 TCredits as part of the winnings.)

Bidders use TCredits to bid on the auctions and there are regular auctions where you can win 250-packs of TCredits. Over the past few weeks, bidders have won these packs for a variety of dollar amounts in the range of two and four dollars and more, but I have also seen winners get them for under one dollar on several occasions.

Here is a coincidence: As I write this post, I JUST WON a 250-TCredits pack auction for 17 cents! You can verify this by going to TripleClicks, clicking on “Auctions” and clicking on “Latest Winners” in the left hand column. Look under October 27, 2012 13:30:02 CST and you will see my smiling face in the winner’s circle!

Pricebenders Auctions is one of the feature sections of the TripleClicks site. TripleClicks is a popular shopping site where shoppers can buy all kinds of things and members can list their own products for sale in the shopping section.

In the Pricebenders Auction section, it is not always easy to win an auction because of the popularity of the items and the low bidding price, but winning is possible (as I have demonstrated above).

My recommendation is that you sign up as a TripleClicks member (it’s free), purchase some TCredits to get them into your account and available when you need them, and then just spend some time watching the various auctions to see how they work.

Once you start to get a feel for how the process works and how other members strategize their bidding, then you can begin participating.

However, as I mentioned earlier, it can be tempting to get caught up in the spirit of bidding competition, so you really do need to set some guidelines for yourself before you begin. Don’t try to win at any cost, and don’t feel bad when you don’t win a desired item. It will likely come up again.

The deals truly are amazing on the Pricebenders Penny Auction site. You need to check it out for yourself to see if there are items that appeal to you. If you get captivated by the site, don’t say that I didn’t warn you!

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* You might also enjoy these Internet Marketing posts:

~ Why WAVE3 Member Rewards Are Wonderful

~ Buy and Sell Online With TripleClicks

~ Royalties for Life, Referring E-Commerce Businesses

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