Marriage And A Good Education

While many very capable people have had very little schooling, and some individuals who have advanced degrees can be stupid in some areas of their lives, formal schooling does have several important advantages.

In regard to social status, family and money are critical, but people with education tend to have a higher standing that those without it. In some cases, the higher the education, the higher the social standing.

With a formal education, individuals have a better chance to obtain job opportunities that result in higher income. While it may be true that some blue-collar jobs pay more than college professorships, overall, more education means a higher income level. Many professions, including medicine and law, are closed to individuals without special training. In the current job market, those without special training are at a real disadvantage.

Education means a better understanding of life and the world. Those who have no training lack the basic tools needed for effective living. Intelligence and awareness can compensate for a lack of education to a degree, but the wisdom of those who have only limited experience is insufficient for taking part in the world as it exists today.

Higher education levels mean a greater chance for success in marriage. Research has shown that high school graduates have lower rates of divorce than those with less schooling. And college graduates remain married longer and have happier marriages that those without a college degree. When it comes to education in marriage, it is best if both partners have about the same level of education.

While less-educated individuals may be proud of their more educated partners initially, troubles can develop later on. They may start to feel inferior or uncomfortable around the educated partner and his or her friends. And the more educated individual may start feeling isolated and hurt. The marriage partners cannot relax or be themselves, and the marriage is no longer enjoyable.

Since women are sometimes in a less favorable bargaining position in regard to marriage, she may have to take whatever man she can get, even he is not an educational equal. Men have more choices and are better off with partners who are more like them.

Nearly anyone who wants an education in the United States can get as much as they want. If people do not want advanced schooling, it is not a disgrace either. Some people should not go to college, but they will be as good as those who graduate.

These individuals should marry within their educational level, however. And no one should use a promise to get more education after marriage to convince a partner to marry him or her.

The right choice is always for a good character and personality, and these traits can usually be found in someone at your own educational level.

Three Tips on How Moms Can Make the Most of a Home Based Business

Being a mom is quite a challenge. The thought of a home based business has been a desire in your mind but you have yet to figure out how to juggle a business with children.

There is no need to struggle trying to figure out how you will juggle a home base business and kids. Here are three tips on how to make the most of your home based business by developing a relationship with your children and building your business.

Time Management Reality

Many of you are already aware of the the time factor. So what do I mean by the time management reality? It is also possible not to be realistic with your time by making your children an excuse for why a task in your business was not accomplished or even started.

The best way to time management reality is to record how you spend your time in a given day. A word of warning this may be challenging as it exposes the reality of how you may be spending your time. Be willing to face the truth and be flexible to make the necessary changes to your schedule.

Build your Home Based Business With Your Children

It may be difficult to realize but it is possible to find something, no matter how small the task, where your children can get involved in your home business.

An example, when my gardening project of raising earthworms turned into a business I involved my children in counting the worms to help complete the orders. I taught them the value of rewarding work and accountability as they kept records of how many earthworms they counting.

When you include children in your home based business it may also impress you as to the great ideas your kids come up with as they learn what your business is about. They may even become instrumental in growing your business.

Hard at Work and Hard at Play

Reward your children’s efforts in your home based business by spending quality time with them. Don’t just spend quality time during the business accomplishments but also have a set time of play. This is where time management reality will pay off for you.

The saying goes, “Work hard, play hard” and by taking time outside of business you will also be able to take time with your first and foremost priority with your children, that is being a mom.

Time management reality, build your home business with your children, work hard and play hard will develop an unforgettable relationship with your children while building your home based business that you can relish for years to come.

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A Home-Based Business Idea – Starting a Gift Basket Business From Home

If you enjoy making crafts and have outstanding creativity, starting a gift basket business could be perfect for you. People love customized products, so if you could cater for many popular occasions like engagements, wedding, birthdays, anniversaries, and festive seasons, your services could be in high demand all year-round.These days, many people looking for ‘rare design gift’ now are likely to choose customized gift because it can be made to suit the event. Thus, this home-based business has great potential to grow further. In addition, if you have many contacts, you probably would not have any problem on the marketing part. The best first target group where you can easily promote your product to is your relatives. After relatives, you move to your friends. If your friends and families were happy with your products, they would voluntarily promote it to their contacts as well. That is how a home business like custom-made gift basket tends to grow.Gift baskets not only popular among individual, but business organizations. Now, business organizations are sending it to their employees, business partners and clients, where they form a large part of the market for this home-based business.Before launching your new home-based gift basket business, you will have to make some important decisions. You probably want to decide on these things:
Do you have enough space for your business activities?
What kind of gift basket can you offer?
How much would it cost you?
Who is your target group?
How will you market your business?Although the prosperity of this business is greatly depends on your creativity, do not under estimate the importance of other skills. Success in running a business requires good marketing skills too, so if you have little time for marketing part, get someone that can help marketing your business.Good luck for your home-based gift basket business.

Home Based Business Benefits That You Will Enjoy

People in corporate jobs are being let go after many faithful years of service due to downsizing and outsourcing. Companies are not in business to provide jobs. It is up to us as individuals to create our own financial safety nets.Finding the home business plan or business start up idea that is right for you is a goal worth working toward. It will take time and effort but it will be worth it in the long run and you will enjoy your work life so much more than you ever did before. Best of all, you will sleep well at night knowing that you have control over your financial future.It’s a great idea for stay at home moms, retirees, handicapped folks or anyone else who wants to control their financial situation. This also includes those of us who have been laid off by our former employers.You don’t have to get up early and deal with traffic just to get to a job that you really don’t like. Many people are earning $50,000 and more a year working from the comfort of home.”A third of us are already working from home.”The number of home based businesses continues to grow rapidly, especially during recessions. Home based businesses have a higher chance of succeeding than those started elsewhere. It’s also much less expensive to start a business from home.You don’t need any previous business experience. However, you do need to be excited about a particular idea and to be willing to invest your time to learn some new skills, and a little money to buy the tools that you need.At home you’ll be able to set your own hours and be available when your family needs you. You’ll save money because you won’t have to pay for childcare, and you’ll enjoy the best commute ever!There are many legitimate tax deductions available to home based business owners that could save you thousands of dollars a year. You can write off expenses related to a certain percentage of your home when that space is used exclusively for your business.A lot of people find that they are much more productive working at home because they are motivated to work hard for themselves and their families.Your own business will make you proud of your accomplishments. Your confidence in your own abilities will grow. Your self-esteem will become stronger as you make new decisions and gain experience.

Utilizing Your Kids For an eBay Home Based Business

Have you ever thought of staying with your kids at home and making a huge amount of money? I do not mean that you will sell your children on the black market. What I actually mean by this is that you can take all the clothes that your children are no longer wearing, the old toys they are no longer playing with and other abandoned property just collecting dust around. May be you have been complaining about the number of toys that your children have but they are not playing with, or wincing at the many new clothing in your children’s room that they have not been using, then it is advisable that you turn all these old stuff into an eBay home based business. But to start with, what is an eBay business?The term eBay is used to refer to shopping or an auction site online, where many people are seen selling and buying a huge variety of products and services on daily basis. In this same website, you can as well find bidding and auction systems. So eBay has actually become the real destination for online shopping because it enables people to have access to a large amount of products and as well get attractive discount coupled with hassle free shipping.On the other hand an eBay home based business is a very simple system which can actually help you to sell the kind of things you want. With an eBay home based business you are allowed to participate in this business as you want; that is at your own pace. If you want you may decide to earn only small profit or you can as well decide to be making huge profit. As far as eBay home based business is concerned, the ball is always in your court. So play it as you like. Again you may still prefer to make a little money here or there or just work for few months and relax, everything here depends on you. One of the most popular advantages of eBay home based business is the freedom which it offers you when you take it as a primary profession.Utilizing eBay may allow you to create a home business that will permit you and your children to stay at home and clear of the unwanted stuff at the same time. You start selling on eBay by signing up for a seller’s account using your current username. After doing that you then enter the necessary information and that is all.The next thing to do is to tell your children to pack up their unwanted clothes, games and toys. Examine the quality of each of the item as you go on to take a photograph of them. This will help give the buyers a good idea of what they want to buy. Then go on and list the items on eBay. By so doing you will be utilizing your kids for an eBay home based business.

Your Online Home Based Business Reflects You

A few years ago I spent my professional life in what I thought was a comfort zone. This consisted of dressing in the standard “business casual” attire, commuting to work; tethering my head to a VOIP console inside a cubicle and retreading the same path back home at the end of an unfulfilled day. The unpredicted “great recession” brought an end to that dream as the software start-up venture where I worked lost customers and forced them to lay off many of us. Having gone through a corporate downsizing some years before, I had had enough. I was ready for something new. The thought of becoming an entrepreneur had always been a dream and there was no better time than now to grasp it. I knew I wanted low start up cost, low overhead, a large customer base and I also wanted to work from home or where ever I happened to be connected at the time. After much research, interviewing, calculating and recalculating I decided on a home based affiliate consulting service. Because of online home based business, I make a bit of residual income from it. But, my testimony is not the focus of this writing. The focus is what I learned from my own experience and through other people’s lives that is: WORKING FROM HOME IS AWESOME! Working on an online home based business allows me to enjoy working in the comfort of my own home. I wouldn’t be bother getting another job just to earn extra income. This would certainly help anyone who wishes to pursue a much better life.Prior to the 1990′s the phrase “Work At Home Business” invoked images of writers and accountants with stacks of 5″ ¼ floppies and 3.5″ disks. Home based artisans and craftsmen built samples and scaled-down models to amaze the potential clients. These demos of products and services and many others were hand delivered or sent via “express mail.” Then along came the high-speed networks, the World Wide Web and email. The evolution of this technology during the first decade of this millennium to where we are now has redefined the “Work at Home” and “Home Based Business” paradigm. Wireless technology is even reshaping this model as we speak. A “Work Anywhere” empowerment is available to anyone suited for this type of work environment. Down-sizing by large corporations, on a global scale, are forcing a new “breed” of workforce. “Necessity is the mother of invention” and I think we are seeing this invention/evolution take place before our very eyes. I read just today on one of the leading job-search forums that “2012 will be the year of the Personal Brand.” We’re seeing individuals marketing their skills, their ideas and their experience as products themselves. Programmers, copywriters, project analyst, designers and thousands of others are on the working end of their connection, where ever that may be, collaborating with whoever may need them.Working an online home based business, I believe has become a viable alternative for so many people. Making money is a definitely certain goal that most people are keeping achieving for. The amounts vary from business to business, though. But saving money on work wardrobe, business lunches, commuting costs, and headaches are the basics that most describe as my reasons for choosing the alternative. Having personal satisfaction, more quality family relationships, and fulfilled dreams are truly the benefits I and you can get out of this.

Small Business Loans – Encouraging Business Initiatives

Being a small business owner is not easy. Apart from the problems that the small business owners have to face in operating business, the severest of problems is in raising capital. It is not easy to raise capital for business use; particularly in an environment in which small business owners are accorded a status similar to borrowers with bad credit. Self employment is considered a bad credit case because of the unstable income generation through small business. It is said how a small business owner will pay fixed installments on a loan if he has not made much income (profits) in a particular month. Banks and financial institutions are thus not receptive to the demands of the small business owners.However, a loan can be designed particularly suited to the small business owners. Few lenders, who did not want to lose on the opportunity of lending to the rising group of small business owners, devised such loan. It is known as small business loan. Small business loans are advanced to small entrepreneurs who invest it in a series of purposes like expansion of their facility, buying technology, purchasing new tools and equipments, and also to buy raw materials and pay wages to workers.Lenders advance small business loans on the principle of moderate risk, which is no different from lending any other loan. The principle of moderate risk implies lending by keeping sufficient cover against risks. Therefore, while designing the terms of the small business loans, lenders are often seen to be using this principle. Take for instance, the rate of interest. The rate of interest charged on small business loans is higher than the normal. Similarly, lenders will only lend a limited sum on small business loans. These are sufficient proof of the manner in which lenders prepare for any risk that may emerge in the future.What differences can a borrower notice in small business loan, which goes in his favour? Borrowers can get an arrangement designed by which they can repay loan installments with ease. Small business loan with a flexible repayment schedule sufficiently solves the problem of the self employed people. Through a flexible repayment schedule, borrowers do not need to make repayments of a pre-specified amount and a pre-specified period. Depending on the income that they are able to salvage in that period, they can make repayments accordingly. Therefore, in certain months (or any periodicity chosen by borrower to make repayments) there can be underpayments, overpayments, and no payments at all (termed as payment holiday).However, not all lenders may be ready to accommodate your financial condition thus. If you consider the clause of flexible repayments so necessary in your case, then you must mould your search operations accordingly. With the help of brokers, searching small business loan according to ones desired criteria is not very difficult. Brokers are associated with several loan providers in the UK. When a person applies for small business loan to these brokers, they forward it to all the lenders who they think can appropriately advance loans to the entrepreneurs. The broker conducts the entire search operation. The borrower just has to choose from the large number of deals that the lenders forward. Brokers can also arrange small business loans from lenders who accept flexible repayment. Similarly, other specific requirements of borrowers can be incorporated into any small business loan searched. Brokers charge certain fees for their services. However, the best deal that these help to find will make the issue of fees irrelevant.Small business loans can be either short term or long term. A short-term small business loan is repayable in a period ranging from certain months to a year. Long-term small business loans on the other hand, advance money for as long as 25 years. Depending upon ones requirement, the small business owners can decide term of repayment and other terms and conditions of the small business loan.

What to Look For When Trying to Find a Home Based Business For Sale – 3 Keys to Consider

It is a time in our country’s economy that resembles the depression of the late 20′s and 30′s, when one of four Americans who wanted to work were unable to find a job. Today, with the unemployment rate at 10% and approximately 15 million Americans unemployed, jobs are scarce. More and more people are looking for alternatives to a saturated job market. Many have been challenged to consider being self-employed and working out of the home. Home based businesses have been a popular trend over past decade. More than half of all U.S. businesses today are home based. Every 8 seconds someone starts a home business. If you are considering stepping into the responsibility of a home based business, there are 3 keys you want to consider before you invest in one.

1. Consider Whether Or Not You Have The Temperament and Skills to Do A Home Based Business

Before you launch out to purchase a home based business you need to first assess whether or not you are made for that type of responsibility. Not everyone has what it takes to run a business out of their home. It often takes a person who is well disciplined, organized, and proactive. Too many people plan to plan and they never actually get to the place where they set out to go. If your self-assessment concludes that you are not a good fit for running a home business, but you like the vision of home based work, consider teaming with someone that has the needed skills and temperament that you lack to be an affective home based entrepreneur.

2. Consider The Cost Of A Home Business Franchise

Owning your own franchise can be very costly both financially and time wise. A Deli Shop franchise can cost nearly $400K + inventory, a Coffee Shop franchise is nearly $300K, a Hair Salon $79K, or a even Hot Dog Stand can cost nearly $8K. Many home based businesses can be bought for a very affordable price. Taking a risk on a home based business that fails will not hurt the pocket book nearly as much as most brick and mortar businesses can. Make sure you read carefully what you are buying into. There are many home based business scams. Check reviews online for any company you are considering purchasing. The time commitment also needs to be considered because with the start-up of anything new, it takes time, discipline and perseverance.

3. Consider Internet Marketing As An Affordable Home Based Business Opportunity

The internet is the last bastion of entrepreneurial opportunity on the planet. This is a high income industry. You can do it all out of your home, online. The internet because it is on 24/7, that means it never shuts off, it puts you within 3 feet of every online person in the world. It is a multi-billion person marketplace. This industry is made up of a lot of ordinary people- moms, dads, men and women, young and old, every kind of background and ethnicity. And it can be learned by complete novices to computer and internet technology.

Days, weeks, months pass by and still no job. The many online and walk-in job applications that you have completed have not come to fruition. Instead of employers determining your employment future, take charge of your life and look outside the box, consider if you have what it takes to run your own home based business. Consider whether or not you can afford the financial and time investment of such a job. And consider whether or not the last bastion of entrepreneurial opportunity- in the home is for you.

Public Relation Is Better Weapon Than Advertising

Branding is important. A strong brand can make any organization, or any product or service immensely easier to sell. Branding is the emotional binge that a customer feels when thinking about your product or your organisation.

Many times, we see entrepreneurs throw away thousands of dollars, trying to grow their businesses with various branding techniques, looking at others doing it. Many organisations, whether they are small or big, are really confused where and how to allocate marketing funds to build the brand, drive sales and increase revenue. Now, Public Relations (PR) and Advertising are the two main arms of marketing which can solve this problem.

Another question often arises is, which tool to use and what works better, Advertising or PR. In this article, I will talk why PR is better than Advertising.

What PR and Advertising imply?

PR is a powerful way to generate awareness and brand recognition for any business. It is the practice of managing the flow of information between an organization and its public. Common activities include working with the press, speaking at conferences, winning industry awards, and employee communication etc.

Traditional public relations tools include press releases and press kits which are distributed to the media to generate interest from the press. Other widely used tools include brochures, flyers, mailer campaigns, road shows, newsletters, annual reports etc. Now, as time has changed, technology has created new ways to build and brand your company. Beyond traditional techniques, increasingly, companies are utilizing interactive social media outlets, such as blogging, microblogging, social media updates etc.

Advertising messages are usually paid, by the sponsors and viewed via various traditional media, including newspaper, magazines, online media, television commercial, radio advertisement, outdoor Advertising or direct mail; or new media such as blogs and websites and text messages.

Which get more credibility – PR or Advertising?

Publicity in the media through PR is more credible than Advertising. Many big players are relatively light purchasers of Advertising but heavy proponents of PR. There are many organizations that use less Advertising, but are frequently featured in business magazines and the general press, which carry tremendous credibility.

Noticeably, public relations can make a long-lasting impact on public awareness at a small part of the cost of Advertising. Getting publicity through PR happens in a low cost and sometimes even free. It is considered to be a low-cost alternative and more effective to other marketing tactics such as traditional Advertising and media buying.

So, what is the reason behind?

In case of PR, the organization does not pay for the space or time to get into the media, but only pays for the PR person to develop and circulate stories and manage certain events.

The media is always in hunt of interesting news. If you target the right media at the right time, nothing like that. If the company develops an attention-grabbing story, it could be picked up by all the news media and be worth millions of Rupees in equivalent to Advertising. Besides, it would have more credibility than Advertising as it is the process by which one can create a positive image and customer preference through third-party endorsement. Some experts say that consumers are five times more likely influenced by editorial copy than by Advertising.

Advertising, no matter how intelligent, witty, dramatic or aesthetically pleasing, is self-promotion. Some people are very skeptical of advertisements. Furthermore, Advertising is very expensive, especially if you have a big market to cover. On the other hand, PR goes through a filtering process. The editor or reporter scrutinizes the information before publishing, and picks the matter which is newsworthy and thus has more credibility. What PR lacks is it has no control over how the media which presents your information. But, the crisis management can rectify the negative coverage. Besides, media is not compelled to cover your event or publish your press release just because you sent something to them.

Advertising claims, uses refinement, comparisons, and borrows from the arts and psychology to try to influence decisions. But, PR is based on information, not seduction.

So, PR is better than any marketing tool including Advertising. The creative use of news events, publications, social events, community relations, and other PR techniques offers companies a way to distinguish themselves and their products from their competitors and build their brand.

A survey done jointly by Worldcom Public Relations Group and the Transworld Advertising Agency Network found both PR practitioners and Advertising specialists think that PR is making better use of social media.

Though PR can bring more credibility, Advertising can reinforce it. It’s what we call PR-oriented Advertising. PR first establishes the credibility of the brand, and Advertising then reaffirms and reinforces the brand’s credibility and brings more popularity.

Madhumita is a marketing and communications professional, with over 11 years of experience in various industry verticals like IT & Telecom, eLearning, eGovernance, Biometric industry etc. while serving the organisations like Impetus Technologies, Inc., TLS group, Smart ID, InfoPro Learning, Inc. etc.

She was associated with brands like Cartoon Network, Pogo, HBO, CNN, Swarovski, Revlon, Amway, J J Valaya, The Lalit, BarCode, Spice Mall, Spice Mobile, General Motors etc. during my tenure in Public Relations Agencies like Lintas and Rediffusion.

The Finer Points of Internet Auctions


Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.


The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.


Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.


Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.


New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.