74° Good Afternoon
74° Good Afternoon
BusinessPress Releases

Epennyauction Introduces Reverse Auction Online with Exclusive Features is a live auction website which allows online users to purchase items which would normally be expensive at a substantially low price.

Podgorica , Montenegro (PRWEB) December 28, 2013

Most of the items sold here are high-end electronics which include laptops, HDTVs, tablet computers and gaming consoles. Bearing in mind that these items are expensive when purchased from a conventional store or a merchant website, interested buyers who do not have enough money opt to try their luck here. The best items are competed for although the website has a timer which limits the number of bids made on an item. For instance, if a certain product goes for $500 at the regular retail price, the last bidder who also happens to be the winner can purchase it for $250 or less in a time frame of 10 seconds.

Recently, Epennyauction reverse auction to further reduce the price at which their customers buy items. For those who are not familiar with the term, reverse auction is the direct opposite of what most people are used to (forward auction). In other words the sellers take the role of buyers and vice versa; sellers will compete to sell items to a buyer by reducing the price until one of them gives in. Online reverse auction is intended to benefit the buyers and only few websites like are willing to integrate the strategy.

Shopping online from auction sites is apparently more appealing to web users than shopping from merchant or specialty websites. A customer gets to experience the real heat of an auction house and furthermore keeps on trying with the hope that they will win an auction which involves a coveted or expensive item. If it is indeed possible to get a HDTV at half its regular retail price, most people figure out that they would better spend a little bit more time bidding than get it from a online specialty store.

To buy items from, all a person needs to do is register or sign up with the online shop which is free. Bidding is done in three simple steps. First, a person will be required to bid which increases the prices by 1 cent after which they wait for the timer to click zero. If another bid was not made, then the last customer wins the auction. However, after purchasing an item, the customer will have to pay for delivery.

For the original version on PRWeb visit:


We're revamping our Comments section. Learn more and share your input.

More news