MAF Releases Review on Swoopo

Added: (Wed Aug 25 2010)

Pressbox (Press Release) - 8-24-2010 - MAF, who recently came out with their, Swoopo review, has just released it to the general public.

“Swoopo.com is an auction site that is dedicated to the penny auction model,” says John Smith, owner of MAF. “The site has been up and running for five years or so. There is no membership fees, but you have to buy bid packs. The bids are sixty cents each and they are sold in various quantities in bid packs. All the auctions begin at one dollar and are increased in increments of either one cent, two cents, six cents, twelve cents or twenty four cents. There is a clock that runs down on each auction. So you are bidding against both the timer and other bidders. The items are all new and come in factory sealed boxes. There are different types of electronics that are available and a lot of gift cards.”

The report offers many answers the most popular questions about Swoopo.com

“The contact us page is pretty through it offers up a phone number, email and a physical address which I find a bit reassuring. The FAQ page only address six questions, and I know I had more than six questions about the site,” says John.

The report also covers some of the things to be aware of before placing any bids.

“The downside is that you are buying bids, that you lose if you do not win the auction. Of course, this really counterintuitive to buying through auctions in the first place. The idea is to save money on items not to spend money on nothing. The cost seems rather prohibitive to me, and can rack up quickly,” says John. “There really wasn’t many items to bid on. The majority of the items that were listed were either gift cards or they were bid packs. There were a few electronic items. I actually spied only one lap top. I was a bit disappointed by the offerings, and it seemed to me to be a lot of work involved for very little return.”

“I stayed around for a while and watched a few auctions end. One of the auctions I literally thought would never end, the timer kept resetting, over and over again. I can only imagine how frustrated the bidders were, each time a new bid came through more time was added to the clock, there was literally sixty minutes added in all during the last minute of time left,” says John.



Click here to learn more about online auctions and read the
Swipebids Review.