Tuesday, June 29, 2010

The Types of Swoopo Auctions to Bid With

You may have noticed during your first bids on the auctions in Swoopo is the different auction types. These variations have been prepared for the different bidders that will visit the Swoopo site, whether depending on area or on bidder's auction experience. Here are the explanations of each type of these auctions.

Beginner Auctions – this auction type is only available for Swoopo users who have yet to win an auction in Swoopo. The competition here is less fierce so it is a good thing for those who are less experienced.

Penny Auctions – the price of the item is increased only one cent for each bid. Penny auctions usually involve high demand items like TVs, Cameras, Game Consoles and related gadgets.

Standard Auctions – each bid in this type of auction raises by the prices of 2, 6, 12 or 24 cents. You will know this type of auction by a red banner across the left side of the screen that lists the bid amount. You’ll still pay $.60 per bid though.

Nailbiter Auction – this type of auction is done manually and the use of Bidbutler is prohibited. This is also recommended for beginners as Bidbutler is hard to compete with when you are doing manual bidding. Nailbutler auctions require constant attention so make sure that you have several hours to spend before you commit to this auction.

Open Auction – In Open Auctions, you can bid regardless of how many other auctions you’ve won that month. These auctions disregard the standard limit of 8 auctions won per month.

Closed Auction – this latest addition in Swoopo Auction types allows some auctions to be closed to only a limited number of bidders. Only those users who have placed at least one bid can continue to bid.

International and Local Auctions - the globe icon at the top right-hand side of the screen verifies an International auction while the Local auctions only allow Swoopo bidders from a specific country to participate. These are indicated by the relevant country flag.

Other Auction Types – the last two former auction types in Swoopo were Fixed Price Auctions and 100% Off Auctions. These auction types were stopped because of the confusion it caused among Swoopo bidders and other visitors who are checking the system.

To recap, the auction types varies on your choice on how you do your bids. I hope this helps on the next time you visit the Swoopo website and you will now know which appropriate type of auction you will use your basic 'how to Swoopo' tricks and prepared Swoopo bidding strategy. Take note that it is not hard to bid on Swoopo if you get to learn each basic step, one at a time.

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