Swoopo.co.uk Online Auctions – An Innovative eBay Alternative?
Swoopo is on the face of it, a great place for a bargain, they advertise sales such as Nintendo Wii’s for only £20-50. Sound’s great. However, as always, there’s a catch, but perhaps not one that will deter you from joining in.
Basically, Swoopo is an auction site where you buy an amount of bids before you are entitled to place any. Quite different to the likes of eBay. Bids bought directly from the site cost 50p each and can only be bought in great numbers. So that is how they make their money. So it appears a win-win situation.
However, some users have reported spending more than £70 on bids before they were successful on any items. Some claim it is impossible to win just one auction, but users are advised to monitor some auctions to see just how the site works before jumping in placing bid after bid, literally throwing money away.
It’s a system that does work as many users claim to have won auctions and bagged real bargains, so in that case it would seem it is genuine and a great place for a true bargain, but clearly, it takes a certain amount of skill and experience to master the auctions.

What is Swoopo? How Does it Work?
The site offers a massive range of products such as electronics, childrens’ toys and games as well as home and garden products. Some auctions even offer a number of bids to use on the site at a bargain price. There are literally hundreds of different auctions going on at the same time.
Each auction has a time limit. A countdown is displayed second by second and each time a bid is placed, a small amount of time is added on. Therefore countering eBay type bid snipers to grab a product at the last second.

Users must time their bids as they only get the number of chances they are willing to pay for. Once the countdown finally reaches zero, the highest bidder is declared the winner and goes on to pay for their product.
Users can browse through previous auctions for products so as to make an estimate on how much the auction they are interested in will cost them to get a better idea of when to enter bidding. You can also follow @SwoopoUK on Twitter and be notified of the latest hints, tips and auction bargains.
Summary
Overall, I believe that Swoopo to be a fantastic idea, assuming you do your research and learn how it all works first. Having never used the site myself I cannot pass judgement on it. But having read reviews of the site I can assume that it is a place to find a real bargain. However, I would perhaps re-iterate to anyone who is planning on using the site, to do their own research into it first.
Swoopo.co.uk, an innovative auction site which is an alternative to eBay, it offers a new way for users to purchase goods at cut prices, without costing huge amounts of money, if you are willing to risk losing a few pounds on wasted bids in order to make massive savings when you do win, then it is definitely worth looking into.






Comments: 1
4:07 am 1st March, 2010
Interesting concept, but I think it will be hard to go mainstream because consumers have to buy an intangible product (credits).