50+ Tips & Tricks for Penny Auctions
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
Why I Wrote This Easy Reference Guide
To my knowledge there is not a single source that identifies in an easy to read format how to be
successful with penny auctions. Instead you have articles that provide a very short review of
some information or books take much longer to read. When I decided to become an active
participant with Zeekler I chose to write this manual for several reasons.
First, though I have been involved with penny auctions in the past I really did not consider
myself experienced in the craft even a little bit. Thus compiling this information caused me to
study what others have done for success and share it with you. It’s often been said that the best
way to learn something is to help someone else gain there own knowledge within that subject.
To that end, that is a key purpose of this report.
Second, I desired to create a single source that people could access for their own purposes which
was quick to read and easy to navigate. While this may sound similar to my first point the
difference is found in the focus of the content itself.
Third, I wanted a vehicle I could use to share with people my own favorite penny auction site of
Zeekler which is connected with Zeek Rewards. If you travel in my circles you will have heard a
ton of great thoughts about Zeek Rewards which is worth paying attention to.
90 days ago my friend and I joined two separate business opportunities. While I’m very happy
with my own choice his success has led me to take a serious look at Zeek Rewards for myself.
Given that he is not extremely computer savvy and I’ve been an online marketer since the 90’s it
is quite a complement to him that I am now becoming part and parcel with his Zeek Rewards
opportunity.
Zeek only takes 5 minutes daily to work according to my friend. I’m going to be putting that to
the test. If it’s true then that plus $10 puts me in what just might be the easiest business
opportunity I’ve ever known about.
For those that would be interested in joining my Zeek team I will also be pouring on the
marketing power and you can actually join absolutely free.
For those who would like free credits from me just eMail Guy@PainKickers.com and I’ll see if I
have any currently available to share.
No matter which camp you decide to be in be sure to read the main content of this report and
enjoy your coming wins with penny auctions.
Guy Siverson
Guy@PainKickers.com
Join our team: http://PainKickers.zeekrewards.com
Receive retail savings:http://PainKickers.fscstore.com
Enjoy penny auctions: http://PainKickers.zeekler.com
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
Important Disclosure
The following material in no way guarantees that you will win or lose anything with penny
auctions. Rather the points covered are simply meant to provide tips and tricks for you to test
and try for yourselves.
I would very much like to hear about success stories related to the following information. Please
eMail me at Guy@PainKickers.com if you would like to share them with me.
You may feel free to give this report away to anyone you like. All I ask is that you keep all
contents as they are written including links to my Zeek program. I’m even okay with you taking
snippets of the content as long as I receive credit for my work that you are sharing with others.
The best way to provide proper credit is to send people to my Zeek link.
===>
Thanks, and may all your auctions find you the winner.
Guy Siverson
Guy@PainKickers.com
Join our team: http://PainKickers.zeekrewards.com
Receive retail savings:http://PainKickers.fscstore.com
Enjoy penny auctions: http://PainKickers.zeekler.com
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
Working With These Tips & Tricks
I’ve played penny auctions and won big.
I’ve also played penny auctions and lost a good sum of money.
Simple truth is there are only 1 winner and multiple losers in each and every penny auction.
What makes the difference between a winner and a loser in a penny auction?
In most cases it is the way in which the auction was approached.
You can enter into an auction haphazardly and hope for the best (not recommended). Or, you
can do your due diligence in research and become a skillful player in the world of online
auctions. Whichever path you decide to take is up to you.
However, like with other disciplines, you are more likely to have good results if you take time to
learn the craft before spending large sums of money into the process. To that end, while it may
seem fun to “get on with it already” the bottom line truth is greater enjoyment of the process will
be realized by taking your time.
To that end following are 50+ tips and tricks designed to increase your success with penny
auctions. These 50+ tips and tricks are broken down into 5 categories all designed to increase
your success with penny auctions.
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•
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•
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Personality
Research
Buying
Bidding
Winning
Personality and Penny Auctions
Understanding the different nuances of people you are competing against can help you to success
in the world of penny auctions for two main reasons among others.
First, you come to appreciate your own specific style and where you are comfortable at.
Knowing this information can help you to remain at ease while navigating through the course of
an auction.
Second, realizing that everyone has a different style helps you identify where others are coming
from which can help you understand when you are over your head in a particular auction verses
moving in for a major win.
Read the tips and tricks in this section to understand how to compete against others
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
Research and Penny Auctions
Knowing the personality of the people you are competing against is only part of the equation. It
is also important to research the particulars of each site you are involved with because not all
penny auction sites are created equal.
Having a clear understanding of the fundamentals of each penny auction you are considering
participating in can also help to increase your chances of winning. One great way of knowing
the particulars of a specific penny auction site is to read the FAQ and “about us” options of the
site.
Read these tips and tricks to understand the particulars of different penny auction sites
Buying and Penny Auctions
With a healthy amount of research completed it is now time to purchase bids for the coming
penny auction you are preparing to participate in. Knowing key secrets in the buying process
will help you to glean the best results from your efforts.
How auctions are handled as well as how much each individual bid costs are both important
factors you want to be aware of before investing in bids. Other points you will want to know
about related to actually purchasing bids are covered in this section of the report.
Read these tips and tricks before buying bids for your coming auction
Bidding and Penny Auctions
This section of tips and tricks provides strategies that you can use during the auction process.
There are plenty of things you can do to succeed with the actual penny auction process itself.
Knowing about the particulars of “buy-it-now” as well as possible tips provided by the penny
auction you are participating in can lead to successful wins within your penny auction.
Read these secrets to know how to proceed successfully during a penny auction
Winning and Penny Auctions
The auction is over and you are the winner, or though not desired, loser. Now what? Believe it
or not there are still plenty of tips and tricks to consider at this point of the equation.
For example, did you know you don’t actually have to pay for your auction that you win? That’s
right. You’ll find out why in this section as well as the reason you will likely never want to take
advantage of that option.
Read the tips and tricks here for what to do after a penny auction has ended
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
As you can see we have done our best to expose all the tips and tricks for penny auctions that we
could think of. Likely there are one’s that we have missed and we would like to include them in
the next release of this material. Please eMail Guy@PainKickers.com with this information and
I’ll be very interested in reading it.
Personality and Penny Auctions
1. Consider the strengths and weaknesses of your opponents
2. Understand you’re bidding strategy. There are several different types of strategies
including ranging from conservative to insistent. Having an understanding of different
temperaments within the auction (especially yours) will result in a more successful
auction for you because you understand more clearly
what you are up against.
3. Insistent bidders simply don’t give up easily. They
have decided that they will win the auction at all costs.
If 2 or 3 of these types of bidders become involved
within a single auction the results can be intimidating.
Being able to identify this type of bidder early on in
your auction can help you to decide what level of
involvement you will have within the auction in
question.
4. Since insistent bidders don’t give up they gain a
formidable reputation within the auction site. Others
that see them show up quickly decide if they will
participate within the auction or not based on other
auctions they have been involved with or watched this
particular bidder take part within.
5. Insistent bidders carry a “bid till death” strategy while a conservative bidder aims to be
the last one left based on attrition alone. Another strategy is one where you strike early in
the auction and hope for the best.
6. Conservative bidders place there bids at the very last while allowing their competition to
waste valuable resources as the bid cycle climbs. You will often not see a sign of a
conservative bidder being present until the
clock goes to the point of almost running out of
time.
7. Some auctions end much sooner than expected
which is what a hopeful bidding strategy
targets. There focus on placing the bid fast
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
with the hope that attention will not be great for the bid they are interested in winning.
8. The rush of winning or even almost winning gives the recipient the same adrenalin rush
as that of gambling. Be aware of this and the expense involved before ramping up your
energies and expenses within the world of penny auctions.
9. Take part in multiple penny auctions because people change from one auction site to
another and you might find that while one site doesn’t produce profitable results for you
another one does.
10. Power bidders are those with lots of cash to spend. The first few auctions might be costly
but once your reputation is known others will stay away from you more likely which
gives you a better chance of winning the auctions you enter.
Research and Penny Auctions
11. Take time to understand the penny auction
site you will be working with before making a
serious amount of bids so that you increase
the odds of spending less while winning more.
12. Understand how much traffic your penny
auction site generates as well as where that
traffic may be coming from. This will help
you assess your chances of winning the
auction you are interested in winning.
13. Take notes and know your competition.
14. Penny auction sites most always have peek
and off peek times within the traffic that takes
part on their site. Knowing when fewer
people are available as competition can help
you increase the chances of scoring the
auction win you are looking for.
15. Finding out whom the “formidable foes” are
early on is an excellent way of saving your
bids for auctions where you have more of a
chance of winning. Penny auction sites often have profiles of their members that can
give you this type of information. In such cases where that is not available simply watch
and learn the techniques of key opponents before getting seriously involved in any 1
auction.
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
16. Record auctions with Jing or CamStudio so that you can study them and understand how
to increase your skill and winnings with online auctions.
17. Penny auction sites often have their auctions which are easier and harder to win on their
particular site. Take time to understand which is which before throwing your hard earned
resources into the wind.
18. Take time to read the FAQ’s and tutorials of the site so that you can be sure you
understand exactly what they are offering.
Buying and Penny Auctions
19. The larger the pack of bids you buy the more you save within the purchase of your bid
packs. However, understand how much you are planning to use a particular penny
auction site before purchasing larger quantities of bid packs.
20. Start small and build as you become more familiar with how things work on the penny
auction site you select.
21. Understand the difference between “buy-it-now” and 100% “buy-it-now” plans within
penny auctions. A “buy-it-now” option may cost you more than you thought depending
on the terms given on a particular site. Know the details.
22. Consider “buy seats” auctions where you don’t “pay-per-bid” but rather an entry fee and
the final auction price.
23. Look for special deals penny
auctions offer as promotions
to get people to buy bids in
their programs. The less you
pay for your win the higher
your resulting earnings.
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
24. Some auction sites offer a “bid-blind” option where you don’t see who you are bidding
against and neither do they. Blind bids could increase your winnings but they also are a
tad more risky too.
25. Keep enough bids available to make it through an auction or lose an auction while buying
bids to continue the auction you are attempting to win.
Bidding and Penny Auctions
26. Avoid crowds.
27. If a site gives you free bids do not use them by themselves because very few people win
bids with just free bids though
it does happen on occasion.
28. Buy enough bid packs to be
able to win the auction you are
going after before starting your
bids.
29. An excellent item to bid on
would be one that you were
planning to pay full retail price
for anyway. Some auctions
can go above the retail cost but
in general you will find
savings delivered when
approaching auctions with this
type of strategy.
30. Pay attention to the auction as it works its way to the finish line else you miss an
important moment and find yourself out of the auction altogether no matter how much
money you may have bid into it.
31. Use free bids given
by the site in
conjunction with
your bid packs for
best results within a
new penny auctions
site you are involved
with.
32. Stick to a budget.
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
33. Though it may be tempting to do so, do not spend more than you can risk losing. Bidding
can become addictive causing you to spend more than you originally had intended to
spend.
34. Only participate in auctions when you really have the time to do so. Auctions can at
times take much longer to finish than what you might expect.
35. Bid on penny auction items that you really need so that the cost of the bids will not hurt
as much.
36. When available use “buy it now” options.
37. Wait till there are only a few minutes left on an auction unless you are willing to simply
throw away your bids without an excellent possibility of desired results. Bidding while
several hours remain is not recommended.
38. Pace yourself.
39. Do not base your bids on the amount of
people that appear to be participating
within an auction. There are always
silent watchers waiting for the right time
to place there bid which may or may not
become apparent as the bidding wars
escalate.
40. Understand the real value of the item
you are bidding on (especially bid packs)
before you start bidding.
41. Select an item and stick with it through the entire process. Jumping from item to item in
hopes of winning a specific item is not likely to result in a great deal of success within
your bidding strategies.
Winning and Penny Auctions
42. Become an expert by getting a few
wins under your belt.
43. Increase your chances of winning by
watching how other people do with
their auctions before getting fully
involved.
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
44. Only one person wins an auction at a time and that one person might be you. However,
expecting that to be the case can cost you plenty if you do not set your boundaries and
limits before starting the auction you have decided to participate within.
45. Keep track of your expenses as your winnings begin to climb. You really are spending
money with this online auctions.
46. Going after the win with items that have a lower cost will increase your chances of
winning. While this may be true there are times when fighting for the higher cost item
simply makes sense. Decide what is best for you before starting to participate.
47. Consider your timing carefully. The Web is open to all time zones. If it’s midnight
where you are its morning some place else. Better bet is to find out when most people
are not on a given site and plan your strategy accordingly.
48. Keep in mind that with every
winner there are numerous other
losers and proceed accordingly.
49. Winners do not have to pay to
receive their items but they also
will lose all the bids they invested
in a particular auction if they
proceed in this manner. Thus it
makes sense for winners to pay for
what they have won within an
online auction.
50. Make sure your information is
correct before winning a bid or
what you have won might end up
some place else at no fault of the
penny auction.
51. Never get into an auction you do
not intend to win; it will destroy
any psychological edge against the
other players.
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.
Summing Up Penny Auctions
Thanks for taking time to read my report about penny auctions and how to succeed with them. I
hope you have found the information of value and look forward to hearing about your results.
Please eMail me at Guy@PainKickers.com and let me know what helped or what didn’t. In the
process feel free to share with me your own tips and tricks which I’ll be glad to add to this report
while providing credits back to your own Web work.
Thanks again, and may all your penny auctions find you the winner.
Guy Siverson
Guy@PainKickers.com
Join our team: http://PainKickers.zeekrewards.com
Receive retail savings:http://PainKickers.fscstore.com
Enjoy penny auctions: http://PainKickers.zeekler.com
Created by Guy Siverson of www.PainKickers.com where people find relief from pain naturally.
Experience a life without headaches, back aches, arthritis pain, sunburn pain and more. Contact
me at 800-589-1509 or 530-690-2391 today for more information and begin your journey into
pain free living now.