The Risks of Online Auctions

risk

Online auction websites have been around for a few years, and there are many different types of auctions and participants (both buyers and sellers). For example, maybe the website itself acquires the merchandise and puts it up for auction (usually purchasing the merchandise on a third-party website like Amazon, after the auction has ended), or […]

Penny Auctions: Scam or Legit?

auction

There is a lot of discussion online about whether penny auction websites are legitimate or scams that cheat you out of your money and time. In reality, the truth is somewhere in between, and depends a lot on the penny auction website you are using. Some of the more reputable penny auction websites are definitely […]

The advantages and disadvantages of grocery shopping online

groceries

Going to the grocery store can be a pain- you have to find parking, deal with crowds, wait in long lines, carry heavy bags of groceries to and from your car (and in some cases up stairs when you get home), and deal with deceptive pricing labels and marketing tactics. For these reasons, today the […]

Penny Auction Sites: From fab fad to flop?

pennies

When Penny Auction sites came on the online shopping market some nine years ago, something changed in the way buyers approached deals for good. The concept was clear, the reward, tempting. Get high-quality items at a tenth of their cost with the added bonus of entertainment along the way. However, these past years have seen […]

Signs of an online shopping addiction and what to do about it

addicted

Most people shop online at least once a month, mainly due to the convenience and efficiency of this method of shopping. By purchasing things online, shoppers can compare prices, brands, saving time and money, an all from the comfort of their own home. But what happens when online shopping becomes an addiction? Here is some […]

Online shopping threatens endangered species

panda

You probably already know that you can buy just about anything online, but did you know that you can buy endangered animals on the internet? In fact, the internet is a huge problem in the protection of endangered species, as there is an entire marketplace where these animals are being bought and sold all the […]

Penny Auction Sites: Shopping or Entertainment?

entertainment

With their initial launch around 2005, penny auction sites introduced a new way to purchase items online. In its strictest sense, the method was not gambling, nor traditional shopping, either. It was a new blend: an activity meant to cater for two of the base necessities of modern-day society: consumption and entertainment. The economic setting […]

Penny Auction Sites: Scam Watch

scam

For better or worse, penny auction sites are here to stay. Having been in the market for the past nine years or so, these half shopping, half entertainment sites provide hours of thrill and enjoyment while giving users the chance to save huge pennies on massive discounts. Part of the penny auction history includes long […]

Online shopping and gender differences

gender

Online shopping is becoming more and more common for everyone, all around the world, and although it used to be more popular with women, today men shop online just as much as women (about three quarters of both genders shop online at least once a month). Men prefer online shopping to in-store shopping In fact, […]

The past, present and future of penny auctions

history

The concept of penny auction websites started a few years ago, but penny auctions themselves are not new at all. Penny auctions during the Great Depression The first penny auction ever was held in United States, and took place in 1931 in Nebraska during the Great Depression. The Depression hit a lot of businesses in […]