What is Penny Auction Software?

What is Penny Auction Software?

Penny auction software is an application software that can be deployed as a stand-alone software for commercial and/or charity live and silent auctions, that handles all aspects of conducting an auction. This software provides users with the ability to register bidders, clerk (record) sales, and cash out bidders. In addition to these key functions, auction software provides many supporting capabilities including auction cataloging, inventory control, and consignor reconciliation. Some auction software is utilized exclusively in vertical markets such as automotive.

In more recent years "auction software" has come to include software on a Web server for online auctions. This software provides the ability for users to post items for sale in an auction format as well as the ability to bid on those items. The most well known purveyor of online auction software is possibly Ebay, Inc. out of San Jose, California. Ebay was the first company to popularize the notion of conducting an auction over the Internet. The auction software that eBay uses is proprietary and not available to the general public.

In 1995, Virginia inventor Thomas Woolston was awarded key US Patents for a series of inventions introducing the online auction marketplace. In 2000, after eBay contacted Woolston and his company, MercExchange LLC, to buy the patent portfolio, the auction giant balked. Woolston and his partners sued and won a 2003 guilty verdict in a Virginia federal court; the jury awarded $25 million in damages. MercExchange pressed to have eBay shutter infringing operations, but eBay appealed the ruling all the way to the Supreme Court of the United States. The highest court ruled in 2006 that an injunction eBay’s operations was not required nor automatic, but that the Virginia judge had the discretion to enter the injunction. In late 2006, the case was returned to the Virginia court for an injunction and settlement negotiations between the two parties began in January 2007. In July 2007, the U.S. District Count assigned the case denied the motion for a permanent patent injunction against eBay. Judge Jerome Friedman stayed further proceedings on an additional eCommerce related patent until the U.S Patent and Trademark office has time to reexamine the validity of the patent granted to MercExchange. Judge Friedman publicly stated that MercExchange "has utilized its patents as a sword to extract money rather than as a shield to protect its right to exclude or its market-share, reputations, goodwill, or name recognition, as MercExchange appears to possess none of these."

Currently a search on the internet can provide you with a plethora of auction possibilities, from traditional auction sites, to more recently the penny auction – on-line auction experience.  These penny auctions take place internationally as well as regionally with the premise that the auction ends when time runs out.

Penny Auction Software Designers in these areas continue to evolve their products in an ever changing industry, offering an unlimited range of services and advice to their prospective clients and customers. Choosing the right penny auction software provider is not a simple task. There are many penny auction software companies available and they all offer different results at different prices.

We belive in the frugality and resourcefulness of our customers (well, the good ones anyway), so ask questions before you finalize your shopping. Although we know that we are among the best of the best, we also belive in the democracy and freedom to exchange information.

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Penny Auction Plug-in Modules

CUSTOMIZATION AND PLUG IN MODULES – We don't believe in one size fits all and selling you what you don't need is a waste of time and money. The followings are optional modules or plug-in that you may or may not need. Work with us and we will recommend you a solution that best fits your need. Time required to add-on or integrate to your standard system varies, but most modules can be done within a week. Please contact us for pricing. Click here to view Standard / Base Package Pricing.

Winning Limit	Winning limit is a function available to the System Administrator to set the condition of how many auctions a person can win per day or per month and the duration as to when the person can bid again. Once the limit is reached, the account is locked out until the next day or next number of days. An automated email will be sent the customer by the system to inform of such restriction. This is a good tool to use on expensive item(s) and it's a way of ensuring the fairness for customers. If your budget is tight and you are just starting out your penny auction website, then this module can be added later on. Price: $995 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$1170.
Minimum Price	Minimum price is a function available to the System Administrator to set the condition of the minimum price of a bid. This must be reached before it can be won by a bidder regardless of the preset timer that may have been expired. If this is the case, (the minimum price HAS NOT reached the thresh hold and the preset duration has expired), the system will automatically increase the time by using Extension Time or Recurring Time. If no one bid on the Extended Time, then the auction will closed and it declared NO WINNER and all bids placed by your customer(s) will be refunded. The refund ratio is controlled by you as the site admin. If it has reached the "minimum price", this condition is voided and the last per bid is the winner. This is the best tool to use to prevent potential big lost on expensive item for site owner and it also makes it fair for bidder(s) who participated in the auction. Price: $695 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:865.
Expedite Timer	Expedite Timer is a function available to the System Administrator to set the condition of which allows and encourages customers to bid early and to not have to wait for the last minute to bid in order to win. Meaning, as long as it reaches the minimum price or the thresh hold price set by the Admin, the auction will be kicked into Expedite Timer and the last bidder will win regardless of how much time remains. The Expedite Timer is set by the System Admin and it is usually anywhere in 1 to 59 minutes. The Expedite Timer hides the actual timer so the customer does not know when it is going to end. This forces the customer to bid in order to win. This is a good tool to encourage your customers to bid early because the auctioned item can be gone anytime and in turn it helps you deliver more auctions. Price: $695 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$865.
Live Chat	Live chat is an independent third party web based application that can be integrated with your website to allows the customer to chat with the site owner or staff online instantly. It is a perfect tool for online tech support and customer service driven. Price: $595 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:765.
Video Tutorial	We can help you produce an online tutorial video for your site. Whether it is a training video for your customer or a powerful marketing message full of sight, sound and motion; we have the staff and the experience to deliver it on time and on budget. Price is varied based on how long and how complex the video is but the average price is $595 per minute video plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$765.
Buy- it Now	Allowing the customer to buy the item anytime during the bidding process at the retail price. This gives people an option to bid or to buy it straight out. This feature not only helps you generate more business, but it also adds legitimacy to your business. Price: $795 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$970.
Marketing Channels Report	A summary and easy to understand report is available to the system administrator. You can view where users are coming from based on the incoming marketing channel that the user identified when registered. Price: $195 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$365
Auto Bid	This tool allows your customers to participate in auto bid (auto pilot) set by you, the Site Administrator. Two variable constraints or conditions included in the Auto Bid - Starting Price and Max Number of Bids. Starting Price is when the customer wants the Auto Bid to start and the Max Number of Bids is the max number of bids the customer is willing to spend on the auction. This is a very popular tool for many site owners. However, it is the most often misused tool where site owner created fictitious accounts and used the auto bid function to bid against other players. It has created a lot of mistrusts and controversies for the penny auction world. So if you bought it, use it ethically. Price: $1,295 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$1465.
Buy Now Reward	This tool allows your customers to use the bids that they have lost in the auction(s) that they did not win for the Buy Now product(s) at the discounted price. This feature also has option where instead of giving cash discount, you only give bid lost credit back to your customer. The ratio of credit is controlled by you as the site owner. This encourages your customers to bid since they know that if they do not win, their lost bids became Buy Now credit. To have this feature, you must have the Buy Now feature in order for it to work. Price: $395 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$565.
Multi-Levels Auction [4 Levels]	This tool allows the Site Admin to set up more than one class of auction. There are Regular, Gold, Silver and Platinum. The requirement or qualification to be a Gold, Silver or Platinum member is set by the Site Admin. Such qualifications are based on the gross number of bids purchased. With this feature, it will prevent new users who may just have registered for the few free bids from winning big items that you as the Site Admin have set for only certain member. Price: $695 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$865.
Coupon System	With this tool, you create promotional coupons to help you generate more business. Three different types of coupons that you can create - discount price for purchase, free bids and free shipping. The system gives you the flexibility to create the value based on fix amount or based on percentage value as well as expiration date ranges. Price: $495 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$665.
Reselling Store	This tool gives your customers the option to resell the item that they have won but do not want it. Surprisingly enough, many customers bid hard to win an auction but when they have won it; many of them don't want it. This gives them the options resell it to others. A commission fee will be charged to the seller by the Site Owner and the number of days that can be posted is set by the Site Admin. If you are just starting out on your penny auction business, this module can be delayed for later on unless your budget has room for it. Price: $1,595 plus $95 for setup and configuration; $75 for up to 2 hours of training. Total:$1765.
Promotion Tools	Allowing your customers to send referral request to their friends and in turn receive FREE credit for their sign-up or when they purchase the bid pack. This is a great tool to drive up membership registration and sales volume. Price: $195 plus $55 for setup and configuration; $0 cost for training. Total:$290.
Twitter Feeds	Integrating your penny auction website with your twitter account allows your followers to follow you and giving you their feedbacks to show on your website. You have control over the authorized contents or testimonials regarding this. Price: $295 plus $55 for setup and configuration; $0 cost for training. Total:$350.
Video Feeds	Integrating your penny auction website with a third party video service provider allows your customers to instantly record their video testimonial to publish on your penny auction website of which you have complete control of the video contents. Price: $295 plus $55 for setup and configuration; $75 cost for training and monthly video hosting of $29. Total:$425 plus hosting.
Affiliate Marketing	After all said and done, the most important thing that you can do for your business is to bring customers to your website. That is easy said than done. We can help you with the Sales Affiliate Software. This third party web based application software is to be integrated with your penny auction website to help you create an army of salesmen who will send traffics and customers to your website. Why? Because they got paid for doing so. The software will handle all the registrations, sales reports, customer tracking and commission reports; and much much more. This tool has been proven as one of the most effective tools in running a successful penny auction business. Price: $195 plus $349 for integration & testing; $125 for up to 3 hours of training and $19 monthly hosting. Total:$699 plus hosting.
Seated Auction	Seated Auction or Reserved Auction. This module is a great tool for high end or expensive items such as cars and houses. A Seated Auction contains a number of chairs or seats set out by the auctioneer(s). Each seat will have to be purchased by using existing bids or credits you have in your account or by cash (online credit card payment) depending on how the auction is set up by the auctioneer. Once the seats are filled as defined by auctioneer, the auction will start at the time defined and no one can join in this auction besides those who have the seat reserved. Each bid will increase the price of the item as defined by auctioneer BUT no additional cost to the bidder since you have already paid for the seat. The last person stands is the winner. If the seats are not filled at the deadline, then the auction will close and typically all the money will be refunded to those who have bought the seat(s). This feature is a great feature because it assured the profitability of the auctioneer and the bidders only have to compete with those who bought the seats. Price: $1295 plus $95 for integration & testing; $75 for up to 3 hours of training. Total:$1370.
FaceBook Connection	FaceBook Connection is an API (script) provided by FaceBook to allow people to login to any website using FaceBook login credential once integrated. According to FaceBook and many other independent media research firms, FaceBook Connect API will help your website:1. Increased Registration - Data from Facebook states that sites that use Facebook Conect as an alternate to account registration have seen a 30-300% increase in registration on their sites. 2. Increased Site Traffic - After implementation, Facebook.com immediately begins sending web site traffic your way. Data from Facebook says that for each story published in Facebook, companies see roughly 3 clicks back to the site. Nearly half the stories in the News Stream get clicked on. This creates opportunities for the site to encourage more user actions – knowing that each one may result in 3 new visits to their site. 3. Increased Engagement – Facebook users are used to being social. They are an active group, participating, sharing, and generating more content. Sites with Facebook Connect see a 15-100% increase in reviews. Connected users create 15-60% more content than users who have not connected with Facebook Connect. 4. Improved User Experience - Facebook Connect offers users qualitative benefits too. No new site registration is required, simply login using your Facebook credentials. It also makes it easy to share with an existing network of friends or family by publishing activities to the Facebook Newsfeed, with only a couple clicks of the mouse. No typing or emailing required. Given the sheer size of Facebook’s active user base, this type of integration with an individual’s personal network could ultimately become the new “email a friend” feature found on websites worldwide. Cited Reference . Price: FREE plus $395 for integration & testing. Total:$395.
Charity	Charity - With this module, your customer can choose to donate bid pack(s) or won item(s) to a charity organization(s) that you have in your listing. You can also select yourself as the charity organization. A donation report is also built into the CMS for your convenience. An e-mail of the donation receipt will be sent to the donor and the recipient. This module is only recommended for charity organizations that are recognized by law as well as those receiving such donation. We reserve the right to suspend your software licensing if it's determined that you deliberately abuse this module. Price $695 plus $95 integration & testing; $75 up to 3 hours of training. Total:$865.
SM Messaging	SMS Service - A third party service that can be integrated into your website to send text messages to your customers’ mobile phone. You can use this service for important announcements to those who subscribe. This feature is crucial for high priced auctioned items of which customers need to be notified . Information in the texts include of: starting time and ending time as well as other important reminders. Please remember that no form of electronic communication (emails or sms) is guaranteed to deliver in all instances. This is because such transmission relies on several networks, hardware and software to deliver it over which we have no control. Price $795 per year with limit to 4,000 messages per month plus $95 integration & testing; $75 up to 3 hours of training. Total:$965. If you have the need for more than 4,000 messages per month, contact us for a customized quote.
Partnership Auction	Partnership Auctioneers - With this module, you can post auctions not only on your site but also on those who register to be an Partner Auctioneer ( they can also put their auctions on your site). You, as the site owner, will make money on registration fee, on the bid packages sold and on items sold in addition to the high traffic that these Partner Auctioneers will bring to your site. This is the most complex and expensive module of all. It's only recommended if you have the appropriate financial and staffing resources to handle it. Price: $2995 plus $495 for setup and configuration; $350 cost for up to 5 hours of training . Total:$3840.
Technical Support Software	Technical Support - This module will allow your customers to submit technical support inquiries online and you to be able to delegate it to your staff to be able to track the status of it. Your customers can also track the status of their ticket by submitting the ticket number online. This is an independently hosted application that can be integrated with your penny auction site. This module is recommended if you anticipated a lot of technical support is needed and you want to reduce to operational cost of a live technical support person. Since this is an online web based application, you can outsourced the technical support to anywhere that is best served your needs. Price: $395 plus $95 for setup and configuration; $75 cost for up to 3 hours of training. Total:$565 plus $9 monthly hosting.
Online Support Forum	Online Forum - Unlike Technical Support, Online Forum is served as a library of knowledge and learning resources that you and your customers post via published articles and discussions. You, as the administrator of the forum do have complete control of its published content. You can create unlimited categories and posts. You also have the ability to dynamically assign users and access rights for registered users. This tool not only can help you divert some of the frequently asked questions and support issues to your customer’s but it can also help you as one of your search engine optimization efforts because of its rich content. Price: $395 plus $95 for setup and configuration; $75 cost for up to 3 hours of training. Total:$565 plus $9 monthly hosting.
E-Commerce Store	E-commerce Store - Combining your penny auction website with an e-commerce store is one stone killing two birds strategy. Your customer now not only can bid your your site but also can shop for item(s) that may not be availabe in the auction store. This integrated e-commerce store is a complete online store with built in shopping cart, taxes and shipping cost calculations. It also equipped with many popular payment gateway such as PayPal, Authorized.net, and many others. Yes, you worked hard to bring a customer to your site. Why not offer him or her the opportunity to shop for items that you may not want to put on your penny auction site and vice versa? Price: $1250 plus $95 for setup and configuration; $75 cost for up to 3 hours of training. Total:$1420 plus $9 monthly hosting.
Facebook Auto-post	Like most of other businesses, the success of your penny auction site is “marketing, marketing and marketing”. This module is designed to tap into the most popular social networking site in the world and that is Facebook. When there is winner, it will automatically posted the “won auction” to your Facebook page and let the message spread like fire for you. Price: $395 plus $95 for setup and configuration; $75 cost for up to 3 hours of training. Total:$565 plus $9 monthly hosting.
Bid Card	Unfortunately the majority of the world’s population is still doing business the old way - “cash”. This is where our Bid Card payment system comes in. Just think of it as a calling card where people purchase a pre-paid minutes to call. A Bid Card does the same. It allows people who do not have credit card to purchase bidding credit via Bid Card at the local store(s) and then redeemed it on your website. Once redeemed it, the bid credits will automatically added to your customer’s account. This is a must have if a lot of your customers are in the no so developed or advance financial system. Price: $1295 plus $95 for setup and configuration; $75 cost for up to 3 hours of training. Total:$1465.00.
Affiliate Auction Commerce System (AACS)	A complete online e-commerce system consists of three powerful systems integrated to work together to form a complete online business suite. It consist of a sophisticated Online Affiliate Marketing system where you can recruit and build an army of salesmen for your business based on commission and referral strategies and up to 14 levels of hierarchy (MLM), an Online Penny Auction and a multi-vendors ecommerce site integrated together. With this option, you not only have the penny auction but you also have the complete online marketing toolbox consists of affiliate marketing (salesmen) and online store vendors using your ecommerce tool. The average price of this system is about $20,000 U.S. with a minimum required lead time of 5 weeks to design and setup. Click here for detail specs.
Auction Reminder	On top of the manual reminder that the system admin sends out manually via email and inbox notification, you now have the option for the system to send you automatic reminder of when the auction is about to start at the time of your choosing via email and text messaging. SMS messaging module is required for the texting option. Price: $295 plus $55 for setup and configuration; $0 cost for training. Total:$350.
For Sales Only	You now have the option to post an item just for sales only. Unlike the Buy it Now module where it’s an auction with the option to buy it, this feature allows you to post an item just for sales and it’s completely separated from the rest of the auctions. There is a section of your site that dedicated for just For Sales Only. Price: $295 plus $55 for setup and configuration; $0 cost for training. Total:$350.
Safety Guard	Safety Guard feature is designed to help you as the site owner from big financial loss due to not having enough bidders to drive the price up above your cost. Contact us for private and confidential info regarding to this module.
Web Service API	Your online auction website can be integrated with many other applications including, but not limited to, online games, casino kiosk, online marketing, affiliate membership, MLS, etc, . In order to accomplish these tasks, we have developed many Web Service API to work in-between or to connect the two systems together. Price is varied depending on your project’s need.
Reverse Price Auction (Dutch Auction)	Reverse Price Auction or known as “Dutch Auction” where the price instead of going up as bidders bid on, it goes down until someone is willing to take it.
Traditional Auction	We are known for Penny Auction platform. However, we also do have “Traditional Auction”. If you want to know what “traditional auction” is all about, you can look at E-bay as an example. Contact us for a quick demo.

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Penny Auction Software Web Hosting Services

SERVER HOSTING INFO
We provide state of the art web hosting solutions using our affiliated partner IBM/Softlayer, the world renowned web hosting firm. You do however have the option to host it on your own.

In term of server's hardware and software requirement specifications, it's completely depending on many variables including, but not limited to, number of live auctions, number of users, the frequency of auction duration, the number of auction per page, the number of bidding history yu want to keep, etc. Once we know your defined user requirements, we can give you some recommendation. Just keep in mind that once you decided to host it on your own, it's outside of our control and we will not be held responsible for any failure.

Hosting Requirements: These requirements are subjected to change as we upgraded our software to meet the changing of user demands and technologies. Make sure that you check with us before you purchase your server. What we listed here may not be up to date.
LINUX SERVER - PHP VERSION
Operating System:

• Linux (Centos) Operating System
• Apache Webserver – Do NOT Use Internet Information Server (IIS).
• 8 GB RAM Minimum.
• 1000 MB Transfer Bandwidth = 1 Billion Page Refreshes.
• 4 CPU – Any Speed or Make.
• 100 GB Disk space / Hardrive – Min.
• Ability To Setup and Run Cron jobs / Scheduled Tasks Every Minute.
• MySQL 4.xx or 5.xx.
• PHP 4.xx or 5.xx.
• Flex Server with Wowza Media Systems,
• Jre 7 & Java enabled.

WINDOW SERVER - .NET VERSION
Operating System:

• Windows Server 2008 R2 Standard
• Processor:Intel Core i7 - 3.40 GHz
• RAM:8 GB
• Total Disk Space:4000 GB
• RAID:Optional
• Disk Drive(s):
• 2000 GB (Drive #1)
• 2000 GB (Drive #2)
• Bandwidth Quota:20000 GB
• Firewall:ASA 5505
• Control Panel Type:Plesk
• Daily Backups: Stored for 7 Days
• SSL Certificate: Optional
• Database: MS SQL 2008 R2 Workgroup Edition

Our servers are built to handle unlimited traffic loads by our state-of the art Cloud Server with Load Balancing - On-Demand Technology.  Leave it to us, we will do it from A to Z.

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System Specs - Penny Auction Scripts

STANDARD SYSTEM MODULES AND FEATURES as it's shown on our live demo. Disclaimer: Your customized system may not have all the features and functions listed below.  Member Panel including, but not limited to, the following:

Customer or Player's Pannel including, but not limited to, the followings:

• Login & Logout - Using your registered credential or using a third party application API integration such as Facebook.
• Notifications - A private inbox to retain all the notifications and messages sent to you by the site.
• Purchase Bids - member can quickly purchase and refill bids with our three easy steps.
• Purchase History - member can quickly view purchase history with detail such as date, description, amount, etc.
• My Information - member can enter and manage personal details
• Change Password - member can change password
• My Avatar - member can select favorite avatar among hundreds of pre-loaded images
• Refer Friends - member can refer friends for free bids
• Suggestions - member can send suggestion and request to system administrator
• Your Bids - a quick preview of your bid balance and history
• Active Auctions - listing all the active auctions
• Completed Auctions - listing of completed auctions
• My Hot List - contains a list of all items member added to his or her own hot list
• Watch List - contains a list of all items member added to his or her own watch list
• My Auto Bids - contains a list of all items with auto bids created
• Won Auctions - contains a list of all items member has won

Administrator Panel Settings including, but not limited to, the following:

• General Settings - On this page the site administrator can define basic variables on the site like the site name, site url, administrator email and administrator PayPal email.
• Batch Procedures Settings - Administrator can define jobs on the server or choose to run the jobs from the site itself every time someone enters the home page. Site administrator can also define after how long old auctions will be deleted. 
• Picture Upload - Define the max uploaded image size.
• Error Handling - Site administrator can define the error message that will appear when errors occur on the site.
• Country List – Can be added or remove as well as setting the default of the country.
• Auction Duration – Auction duration can be customized to your need.
• Bid Increments - Site administrator can define the amount the bid will increase every time another bid is made on the auction. The values defined are the amount ranges and the increment amount.
• Optimizations - optimization of database and template
• Clear Catches - optimization system to run faster
• Categories Table - managing category table

Administrator Panel Preferences including, but not limited to, the followings:

• Dates Format - select different data format to fit customers needs
• Default country - option to select a default country setting.
• Users Authentication - validating customers and with option to disabled or banned a customer.
• HTML meta Tags - option to enter keywords for search engine rankings.

Administrator Panel Users including, but not limited to, the followings:

• Free Bids - assign free bid for registration, referral, and special promotion
• User Management - complete management of user accounts and information
• Add, delete and update new admin user
• Acceptance Text – Allowing site admin to customize acceptance message for end users
• Avatars - update, add, delete avatars and settings
• Newsletter - Enable / Disable newsletter checkbox
• Newsletter Submission - Who will get the newsletter, newsletter content
• IP Addresses - accepted and banned IP addresses

Administrator Panel Auctions including, but not limited to, the followings:

• Bid Increments - set bid increment each time a customer bids
• Manage Packages - option to manage bid packages including adding new graphic design, description and price
• Manage Banners - option to manage banner(s) including adding new banner, deleting or de-activating existing banners, etc.
• Add new auctions - administrator can add new, suspend or close an existing auction
• View Open Auctions - view all open or active auctions
• View Closed Auctions - view all closed or suspended auctions
• Buy Bid History - run report of purchase history based on dates range.
• Pay Auction History - view history of payments
• Coupon - create promotional coupon and discount
• Report - run a variety of pre-built reports
• Auction Extension Settings - set timing extension

Contents For End Users Controlled By Site Administrator

• News Management - easily manage and update news
• About Us Page - easily manage and update about us page.
• How it works Page - easily manage and update existing how it works pages.
• Terms & Conditions Page - easily manage and update existing terms and conditions page.
• Privacy Policy- easily manage and update existing privacy policy page.
• FAQs Page - easily manage and update existing FAQs page.
• Customizable articles that the admin can add and publish.
• SMS Messaging - the ability to receive texting via smartphone.
• Reminder - set the time to receive reminder via email, inbox notification or text messaging.

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Penny Auction Software Developer Performance

Before you begin the process of building your Penny Auction Website, you must first decide how much money you want to spend on the site.  This includes how much you want to pay for the Penny Auction Software Programmer and Penny Auction Software Developer.  Be realistic in your approach. It is important that you understand that you can always go back, and spend a little more for upgrades and maintenance at a later time.

The characteristics of a good Penny Auction Software Developer are as varied and unique as your site and needs. Your Software Developer should cover the following factors for your review, prior to investing your hard-earned money and time.

Experience - You will want to pick a Software Developer that has extensive knowledge in the area of Penny Auction Software. Do not be fooled by any company that lets you think or implies that a search company is a search company. There is not any one formula for all websites. Experience in specific areas matters a lot.

References - Thousands of testimonies are on the Internet endorsing everything from cooking oil to airplane parts, so it is understandable that some testimonies are lost because of the numbers. It is important that you be able to request and reach someone for their reference regarding their experience with a company.

In addition, you should be able to review several websites that the Penny Auction Software Developer has done and marketed. Look for a pattern in success and the design aspect of the site.

When you want to increase your web’s traffic you should be able to contact your Penny Auction Software Developer and seek their advice.  You should also be able to monitor that your Software Developer is sticking to the allocated original budget. Most Penny Auction Software Developers want to service their clients in not only a timely manner, but also in a cost efficient one.  Customer satisfaction is important to Penny Auction Software Developers, as they develop relationships with their clients that will continue for extended time periods, as upgrades and changes take place.  It is important to get the customer/Penny Auction Software Developer relationship off to a good start and maintain that relationship at the highest standard of quality

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Features of Penny Auction Web Sites

The internet has helped lower the cost of coordinating auctions and has also helped control the costs involved for the average bidder to participate.

Penny Auction Web Sites offer a wide range from popular action figures to recently released electronics, replacement parts for household appliances and hard to find business equipment.

Penny Auction Web Sites create a convenience for bidders and sellers.  The participants no longer have to be in the same geographical location. The size of the auction does not matter online, due to the nature of the auction; no location involved.  It is also true that all participants benefit due to the internet making it easy for participants to both search for and present products in a convenient location.

It is as easy as paying a non-refundable fee and then buying bids to use a Penny Auction Website.  Bidding on a Penny Auction web site raises the cost of the item by a fixed amount and typically also extends the deadline of the auction.  The game is a brinksmanship game: each successive bid lowers the value of the reward, and the last player to decide to place a bid and lower the value of the reward wins that reward.

The auctioneer receives income both in the form of the fees collected for each bid and in the form of payment for the winning bid.


CUSTOMIZATION AND PLUG IN MODULES – We don't believe in one size fits all and selling you what you don't need is a waste of time and money. The followings are optional modules or plug-in that you may or may not need. Work with us and we will recommend you a solution that best fits your need. Time required to add-on or integrate to your standard system varies, but most modules can be done within a week. Please contact us for pricing.

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Choosing A Penny Auction Web Site Developer

Your Penny Auction Web Site and your Penny Auction Software are the most important marketing tools your company will invest in to promote your business.  If they are attractive, easy to use and error free ­ - the customer will be satisfied and business will flourish.

The best Penny Auction software programmer should help you reach your target audience.  They should have an online portfolio available of work  they have completed for other customers as well as references for you to review.

The Penny Auction Software Designers will work with you every step of the way to find out what your strategic plan and marketing goals are and how they can help you reach them. They will do keyword research to find out which words and phrases will attract a targeted audience to your software/website and to make the site user friendly. Then they will initiate a plan that is designed to propel you to top rankings on major search engines like Google, Yahoo, and MSN.

Our Penny Auction software will be easy to navigate and quick to access.  We have Penny Auction Software Designers that understand client’s needs and work hard to provide quality software.  We will work with you to design the software, promote the sales, and improve the traffic to the site.  We pride ourselves on our client satisfaction, which includes not only the development, but the long term relationship we perpetuate with additional support in maintaining the software/site along with regular updates and advice.

When checking references for a Penny Auction Software Developer, rate the following information:

    Do they meet their deadlines
    Do they listen to the client and meet the requirements; were they open to suggestions and critiques
    Were updates and changes made in a timely manner
    Did they stay within the proposed budget

We want to be sure you make the right choice when choosing a Penny Auction Software Developer to represent your business.  There are many areas to consider when beginning this exploration.  You should feel confident and content that you did the best research possible and made a wonderful choice.

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