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penny auctions, ecommerce, shopping, auctions
ZBiddy auctions are hot, and with good reason. Users stand to win great items at extremely low prices. If you want to be one of the people that are getting these goods for cheap, then you need to understand how ZBiddy works.

The first thing you will need to do if you want to participate in ZBiddy auctions is register to use the site. This process only takes a few minutes, and it completely free. After you register, spend a few minutes looking around the site, and becoming familiar with the type of products offered. This will allow you to see what previous items have sold for. Do not be surprised if you see that hot products have sold for very small amounts of money. This is what penny auctions are all about, and why this is the hottest auction trend to come around in many years.

While you are checking out the site, you will likely see one or more products that you would like to bid on. In order to bid, you will need to buy a bid pack. A bid pack gives you a specific number of bids that you can place. These can all be used on one auction, or spread out over several auction. These bid packs are available in sizes ranging from forty-five, all the way up to eight hundred. Each bid in the pack currently costs sixty cents.

Each time you bid, the current high bid will rise by $0.01, and one bid from your bid pack will be removed. Though I have referred to ZBiddy as a penny auction site, there are auctions in which the bid is increased by a dime each time a bid is placed. You will be able to place as many bids as you have purchased in your bid pack. When those are gone, you will need to buy more. The system does not automatically assign you a new bid pack when you run out. This will have to be done by you. If you are about to try to get in on a last minute deal, be sure that you have plenty of bids in your bid pack beforehand.

ZBiddy auctions run in the same way other auctions do in relation to when they end. Each auction is given a set amount of time for the auction to run, and a specific time that it will close. If the auction only has one bidder, it will end at its set time. However, if others join in the bidding when the auction end time is near, 20-30 seconds will be added to the clock. This is done to allow all interested bidders to respond to the most current bid.

Using ZBiddy is quite easy. Once you get the hang of it, you will be able to develop bidding strategies that will allow you to win the highest amount of auctions, at the lowest prices. There is one word of caution, however. The first time you win a great item for pennies on the dollar, you will be hooked.

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