I've known about this site for some time as well as others
there is one that charges $1
it starts at retail and every time you bid, it goes down a quarter or
something, but they charge you 60 cents and you have to be
Johnny-on-the-spot for the final bid that brings it to $1 or
something like that
it's a sweepstakes and not an auction
Rich
At 09:03 PM 8/17/2009, James Richard wrote:
OK, I just had to pass it on... this is clearly the wave of the
future for online auctions which Bruce and Rich need to catch:
Swoopo.com conducts auctions for a wide variety of consumer products
where the winning bid typically tops out at a small fraction of the
retail price... BUT... the auction site charges every bidder a fee
every time they bid (60 cents a pop!)
http://www.nytimes.com/2009/08/17/technology/internet/17shop.html?th&emc=th
This give a whole new dimension to the phrase "pay to play".
-- JR
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