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Hello Friends,

I have some exciting news to share with all of you. After nearly 11 months of work, I am happy to announce the completion of Penny Wise: The Complete Guide to Saving Money with Online Penny Auctions.

Written by yours truly and a veteran journalist friend, this online penny auctions guide is the first book of its kind. Marked by detailed research, key-player interviews, cautionary notes, and solid, proven advice,Penny Wise is poised to become the authoritative guide to penny auctions.

Penny Wise was developed with both beginner and experienced bidders in mind. Those who are entering the world of penny auctions for the first time will benefit from a book designed to take them from beginning to winning.

Those who have plenty of experience under their belt will appreciate a deeper look at the industry business model, as the book includes interviews with the owners of SkoreIt, Quibids, Bid-Bob, AllPennyAuctions.com and Bidpigs. Advanced strategies are also discussed.

The book examines:

  • Origins of the penny auction industry
  • The unique business model behind the sites
  • Basic fundamentals and various auction formats
  • Ways to know when to bid (and when not to)
  • Tactics in developing an online identity
  • Methods of tracking your success
  • Ways to recognize red flags and problem sites
  • Monetizing your wins
  • Starting your own website

Penny Wise will make an excellent gift for friends and family who have expressed an interest in penny auctions but don’t really know where to start. Bidders who already know the ropes will find the book to be enlightening and enjoyable.

Head on over to pennywisethebook.com to pick up your copy – currently available in paperback and e-book formats. You can even download the first two chapters to get an inside look into why we wrote the book and what it offers you.

Looking forward to your feedback,

Josh Waldron
Founder, Penny Auction List