Wavee Review – How to Win on Wavee.com

Wavee is a popular penny auction website that has recently become very popular with bargain shoppers. Wavee auctions off brand-new, name brand items for huge discounts off retail.

For example, this Wavee user got a Nikon Coolpix camera for only $5.20

How Penny Auctions Work

Penny auctions like Wavee are different from traditional auctions like eBay in that the highest bidder does not win. You can’t just bid more than the next person and get the product.

Every time you bid for an item on Wavee, it costs $0.75 regardless if you win or not. When the countdown timer reaches zero, and you are the last person who placed a bid, you win the product at the price displayed (many times way below retail).

But don’t let that scare you. You don’t have to risk lots of money to play on penny auction sites like Wavee. Let me explain how to win.

How to Win on Wavee.com

The way to win on Wavee.com is quite simple. Don’t buy bids at $0.75/piece! That’s the retail price and you can get them much cheaper! This is the biggest secret to penny auctions!

You can win bid packs for pennies on the dollar and they are largely ignored by lots of people participating. Many people go straight for the expensive laptops and electronic items – it’s human nature. For example, this user got 10 bids for $0.10¢

99% of the people would pay $7.50 for those 10 bids and this is why they don’t win anything! If you can get all your bids for just $0.01¢, you can bid ALOT without risking much money. Try it out for yourself and be sure to leave a comment if you have won anything by following our strategy!

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This entry was posted on Wednesday, December 15th, 2010 at 4:20 am and is filed under Penny Auctions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.