1) Plenty of closed auctions – A sure way to know how good a penny auction site is or if it is even real, is how many closed auctions they display. A good site will have a list of both the best deals grabbed by users as well as the most recently closed auctions. Look out for when an auction closed if a site has auctions closing regularly (at least 20 a day) then you know you’ve found a good site!
2) A great range of products – Another way to tell if I site is any good is the sort of products they offer. A good site will offer auctions such as Electricals, Vouchers for high street brands and bid packages. An auction site that offers mainly bid packages should be treated suspiciously.
3) A lot of results – Search the name of the website you have found in Google and see what results come up. Look out for links for forums, reviews, Wikipedia and social network sites such as Facebook. Read the reviews of others and join a forum or social networking site and see what other users think of the site.
4) Good press – Any established penny auction site will have good coverage from external sources. Look out on the company’s website for coverage from National Newspapers, TV Channels and Magazines.
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