User:Sethdillon/Zbiddy
| File:Zbiddy logo.png | |
| Company type | Private |
|---|---|
| Industry | Penny Auction |
| Headquarters | Deerfield, Florida |
| Website | http://www.zbiddy.com |
ZBiddy.com is an online penny auction site operating in the United States since 2010.[1] Following an established penny auction model, ZBiddy charges users a fee for each bid they place on a product. When the time for a given auction expires, the last bidder wins the item and is required to pay a final bid price, which is typically much lower than the retail value of the item.[2] ZBiddy has been referenced neutrally on several news networks covering the growing trend of penny auction sites, including local Fox and ABC affiliates.[3][4]
The Penny Auction Model
[edit]As ZBiddy and other penny auctions have grown in popularity, the model by which they operate has come under scrutiny from the media and online watchdog communities, such as the BBB.[5] In some cases, penny auctions have been likened to gambling, due to the fact that winning a given auction, despite incurring some expense, is not guaranteed.[6]
References
[edit]- ^ "ZBiddy Whois Lookup". Retrieved 2011-4-27.
{{cite news}}: Check date values in:|accessdate=(help) - ^ "The Seduction of the Penny Auction". Retrieved 2011-4-27.
{{cite news}}: Check date values in:|accessdate=(help) - ^ "What You Need to Know About Penny Auctions". Retrieved 2011-4-27.
{{cite news}}: Check date values in:|accessdate=(help) - ^ "The Pros and Cons of Online Penny Auctions". Retrieved 2011-4-27.
{{cite news}}: Check date values in:|accessdate=(help) - ^ "Be Cautious of Online Penny Auction Sites". Retrieved 2011-4-27.
{{cite news}}: Check date values in:|accessdate=(help) - ^ "Are Penny Auctions Actually Gambling?". Retrieved 2011-4-27.
{{cite news}}: Check date values in:|accessdate=(help)
Zbiddy A SCAM? Is Zbiddy Legit? Zbiddy Penny Auction
[[Category:Online auction websites]]