Digital Marketing Solutions LLC is a leading and growing American Information Technology company. Our home office is located in Grand Rapids and San Diego U.S.A. Toll Free: 1-877-639-9813, Online Contact: CREATING A PENNY AUCTION WEBSITE


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If you are looking for a Penny Software Company to build your penny auction website, here is the contact info: Contact E-mail: [email protected] : Contact Phone: 1-877-639-9813


Creating a Penny Software Company can be tricky, time consuming and rather a precise demonstration of just how intricate auctions on the web really can be. Unless you have some prior experience, chances are that you are going to need someone to hold your hand through the entire project. There is a lot to know about this business and we have the expertise to explain it all.

Just what is a penny auction? A penny auction is an auction where bidders pay-per-bid for an item and the time increases with each bid. The winning bidder is the bidder whoever is the last to bid when the timer counts down to zero seconds. This works by bidding on the item you prefer, and then paying for the final amount showing for the item, based on the specific Penny Software Company the item was purchased from.

With these Penny Auction sites, you will always find questionable alerts on these search engines telling you how to get items at unbelievable prices. This makes you wonder; are penny auctions illegal? They are not illegal and most of them are not scams. You will buy items at very low prices when compared with the cost in the store. This does not mean that you cannot get scammed. There are some sites which are not genuine and you must learn how to spot them. You must be careful when choosing penny auction sites. According to Amanda Lee of Penny Auction watch, you can tell that penny auctions are not illegal but there are some with illegal practices (Lee, 2009). So, are these too good to be true?

Not only when items are bid and purchased on shown to the public, but various Penny Software Companies have access to this information. “Companies such as Swoopo, Quibids, etc. are making a lot of money with running a penny auction site” (admin, 2011). By placing yourself into a business model with managing a Penny Software Company, you are allowing yourself as the producer to start with relatively low investment, and still yield massive products. Owning your own site is very rewarding when it comes to trading in penny stock within your company.

Not everything seems to always fit together, does it? Well, with your own company, there are many companies such as the ones mentioned, for example, that do not “offer instruction on how to set up, run, and manage this type of online auction business due to the fact that it is so new…that is until now” (admin, 2011). This is a major reason and problem why many Penny auction software sites do not work. Set yourself apart from other companies located in or outside the United States, even though most happen to be outside of the United States, and seek to find a different venture for your consumers.

According to the Post Gazette newspaper in Pittsburgh, Pennsylvania, Jonas Elmerraji, a penny stock specialist at Agora Financial in Baltimore said, “A company could make its stock price whatever it wants by shifting the amount of outstanding shares, through either stock splits or reverse stock splits. What the company cannot change is its market capitalization, which is the value based on the number of outstanding shares multiplied by the share price” (Grant, 2011). He mentioned that by owning your own company with Penny Auctions, these stocks to invest are more volatile and have greater growth potential. Be on the lookout for stock options, and plans when investing into buying a Penny Software Company.

Your Penny Auction Web Site and your Penny Auction Software are the most important marketing tools your company will invest in to promote your business. If they are attractive, easy to use and error free - the customer will be satisfied and your Penny Software Company business will flourish.

The best Penny Auction software programmer should help you reach your target audience. They should have a portfolio available of on line auction software work they have completed for other customers as well as references for you to review.

Software Designers will work with you every step of the way to find out what your strategic plan and marketing goals are and how they can help you reach them. Don’t worry… you are not alone on this! With a plethora of tools of Penny auctions to choose from, your systems programmer will be with you every step of the way.

So, it’s the end of the day and building a Penny software company is looking more and more in the cards for you. Your penny auction will be thriving with previous and new customers daily as more and more opportunities arise. “The primary reason of the auction being so well accepted is the diverse and amazing offers it has. Penny Auction software is the latest evolution in the world of auction” (admin, 2011). Many corporate businesses find these as a threat as people are reverting towards penny auctions as they may find the right kind of product even going away from home, which makes building a Penny software company more plausible, credible and stable. With internet and the way of technology booming, companies in penny auction have the upper hand, as consumers are now following in their direction, building a more reliable auction website.



If you are looking for a Penny Software Company to build your penny auction website, here is the contact info: Contact E-mail: [email protected] : Contact Phone: 1-877-639-9813


This article is written by Alex Rush and the Author used the following sites in her research for this article.


admin. (2011, April 28). [Web log message]. Retrieved from, Grant, T. (2011, August 23). Penny stocks can be high risk, high reward. Post Gazette. Retrieved from, Lee, A. (2009, May 26). Penny auction watch. Retrieved from





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