Web Penny Auctioning has never been this Fun and Cost Effective!

June 23, 2010 - PRLog -- June 23, 2010. Upbids.com is expanding and becoming a rising star in the industry of penny auctions, which is also known by many as “e-shopping or entertainment shopping.”
Upbids.com is all about huge savings and transparency which is a new frontier in online shopping. Upbids.com is a Los Angeles based company, which is your ticket to the best entertainment shopping experience possible. On Upbids.com you'll be able to buy laptops, cell phones, gifts and much more, for extraordinarily low prices.

More to the point, even though Upbids.com in an American based Company, many shoppers from abroad will also find this site effective, intuitive and engaging. At any rate, the difference between penny auctions and traditional online auctions, found on sites like eBay, root mostly on the fact that bidders must purchase their bids in advance and in bundles. Each bid has a price tag of fifty or sixty cents, but within the penny auction area, that bid is decreased to the value of one penny. In addition, Upbids.com finds this as a whole new way to discount online shopping

“Since customers can only bid in increments of one penny at a given time, the auctioned item's final price will end up being quite affordable for the auction winner” said CTO of Upbids.com Gregory Coleman, while still enabling the penny auctioneer to recoup their expenses and, most of time make a decent profit and an affordable purchase. Regardless if you're able to win your bid or not, you can still employ your unused bids for other worthwhile endeavors as well.

In Addition, Upbids.com is not just a website that will grant it’s users an easy access to penny auctioning, by being an effective e-commerce store and social shopping network.
Upbids.com will insure immense user friendliness and the best shopping experience for its users.

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Upbids.com is all about huge savings and transparency which is a new frontier in online shopping. Upbids.com is a Los Angeles based company, which is your ticket to the best entertainment shopping experience possible.