New Penny Auction Launches For Users Wealth Creation |
| July 14, 2011 | July 2011 Bond Updates |
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BidWealth.com Warns; Beware Penny Auctions Offering 100's of Free Bids. (1888PressRelease) BidWealth.com is launching on July 25, 2011 with the goal of helping it's users create wealth. BidWealth is a penny auction that specializes in precious metals. 100% Pure Gold and Silver Bars and Coins. Everything about BidWealth.com is built around wealth creation for it's members. Their affiliate program, rather than simply giving you free bids, PAYS you 10% of the bid purchases made by your referrals FOREVER. When it comes to Bids, they aren't going to devalue your bids as many other sites seem intent on doing. "While researching for the upcoming opening we stumbled across some penny auction sites that offer tons of free bids to their new user. We are launching BidWealth.com and were looking for some places to advertise. We were surprised to find so many sites offering 100's free bids." Said Adam Kanter, Media Consultant for BidWealth.com "These sites were offering 100s of free bids for new users to sign up, follow them on Twitter, post a blog about their site or "like" their Facebook page." Adam continued. " We found more than one site offering multiple options for new users to get huge quantities of free bids. There was even one that was bribing users to post raving testimonials on forums with 150 bids. There are auction sites that run legitimate campaigns where you can earn free bids but the quantity isn't so high and all users qualify. To be clear, we are all for that. The problem is with penny auction sites offering 100s of free bids." Think about it this way; Some users don't get these deals. The previous customer or new user pays for bids and they're bidding against other users who just received a few HUNDRED free bids. The free bid seekers will sign up multiple accounts and drain paying users. The free bids devalue the paid bids and raise bid quantities. Products that closed for $5 previously are going for $15 or higher and users who paid full price are getting sucked in. They don't know about the deal and don't know they're bidding against users with vast numbers of free bids. "I fully recommend taking advantage of free bids." said Adam "BidWealth.com will offer incentives as well, just not to the point of devaluing your purchased bids. I do not however recommend investing any money into those sites that drastically devalue after your free bids are gone. It is likely they will run further promotions that take away from your price per bid value. You also could run into bidders playing exclusively with house money when you are spending your hard earned cash." Any time you invest money in a penny auction site, whether you do it for profit or fun, you want to get your best value for the money. By littering the forums and coupons sites with large quantity free bid offers for new users, the penny auction site takes that value from you. Be wise and bid well. Best wishes and happy bidding. |
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