Penny auctions follow an entertainment shopping model
Auctioneers make money through the payment for the bid that wins and through the non-refundable fees. Some of the most popular items on sale in penny auctions are electronics like laptops, shopping gift cards, jewelery, gold and silver collectibles and fashion items like designer bags.
Auctioneers make money through the payment for the bid that wins and through the non-refundable fees. Some of the most popular items on sale in penny auctions are electronics like laptops, shopping gift cards, jewelery, gold and silver collectibles and fashion items like designer bags.