Swoopo.com
junkie06
10-03-2009 06:51:43
Hey my friend introduced me to this site and now im hooked...he won a macbook for $63.22 a few weeks ago. The site is similar to ebay, bid on cool items and win....anyways if you are going to sign up please pm me your email so you can use my referral link.
thanks
RolltheStampede
10-03-2009 06:57:05
Shaboopi?
doylnea
10-03-2009 07:08:03
I so wish I had thought of this business model. It's amazing.
junkie06
10-03-2009 07:34:41
me too, then again its never to late....i wish i was a coder, or we can partner up )
ghounds07
10-03-2009 08:14:22
This company must be makin bank...$.75 charge per bid placed, and there are hundreds of bids on these items, not to mention each bid adds 15 seconds onto the end time, I've been watching this wii w/ 15 seconds left for like 5 minutes and it still hasn't ended...
Eeyore
10-03-2009 08:18:54
Remember the old "Onsale"? That's the way their auctions worked too, except they didn't think to charge for bids. This is brilliant...they've managed to figure out a way to monetize auction fever. 8)
ghounds07
10-03-2009 08:24:11
Yeah, I am truly jealous of this concept, they have most likely made $500+ on a $250 wii.
ghounds07
10-03-2009 08:50:26
They just made $1,000 selling a wii....haha
doylnea
10-03-2009 11:43:18
http//blogs.zdnet.com/BTL/?p=14122
[quotec944556531]There are auctioning strategies at play within Swoopo, including an automated “bidding butler” that places bids for you while you’re away, ensuring that you’ll be the one to walk away with the items. And there are also “penny auctions,” which appear to provide even better deals for the bidders but end up benefiting Swoopo the most. Consider a weekend penny auction for a 13-inch Apple Macbook, which regularly retails for $1,299 but went to a winning bidder for $79.16, plus $239.95 in bidding fees (that’s 319 bids times 75 cents each.)
In the end, the winner paid $318.41 - still a fantastic deal. But that $79.16 means that there were 7,916 bids on that Macbook - and at 75 cents each, Swoopo collected $5,937 on that single laptop computer. Assuming it paid full retail price for that Macbook (and that might be a naive assumption), it still profited $4,638.[/quotec944556531]
EatChex89
10-03-2009 14:25:31
Sometimes I wonder why I don't think of these things.
junkie06
10-03-2009 14:35:32
can anyone replicate this code/template?
SkatingCrippled
10-03-2009 15:46:54
[quotea59002835a="junkie06"]can anyone replicate this code/template?[/quotea59002835a]
Yes, and I'm sure that they'll do it for you.
tjwor
10-03-2009 15:51:47
[quote07ceff2f83="junkie06"]can anyone replicate this code/template?[/quote07ceff2f83]
My friend introduced me to this site, I haven't tried to win anything yet, because I don't have the money, my friend has won 2 cameras, but has lost a lot of money on other items..
and as for making a site like this, it probably wouldn't be very profitable, if you google you will find a few others like it (or look at the ads on the Swoopo page itself)
The thing is, the startup cost would be enormous. In order for people to believe it is legit, they would have to start getting the items, and telling friends, it would be hard to have a large enough customer base to actually make money for the first several items you would struggle to come even close to getting your money back...
Swoopo has been around for several years, operating in Europe, and that is how they were able to open in the U.S. because they had funds to support the downtime. (how they got started originally, i don't know)
I've been trying to think of a brilliant idea for a website that would make me money, but currently i'm making about $5 per week on my best site...
Investopedia
10-03-2009 18:16:57
i f.king hate the internet. If it wasn't for it, i wouldn't know about slickdeals or this site...
Just got sucked into swoopo, bought a measly 30 credits, and am going to be shooting to win a GPS.....
I figure if I spend $22.50 on bids and get a $600 GPS for $100.... i'm way ahead of the game... or "gain"
liEDITli.... $22.50 in credits, just about gone.... Hate this shit.
akalic
10-03-2009 18:46:47
is it best to play this "game" at night? considering there would be less people spamming the bid button. i hope i'm understanding this concept correctly, judging from the front page
EDIT no slice of the cake for canadians? boo. cry
bballp6699
10-03-2009 19:33:41
My guess is that you can make money off this if you're smart about it and have patience. You'd have to make a pretty big commitment to it. If you bought 700 bids ($525), and waited until the bidding hits a reasonable amount, you can put the auto bidder on. There are very few items that get above 700 bids for the winner. In fact, I've only seen one or two and they were worth $1500 or above. Go after an item from about $700-$1200. You should win it and could make a nice profit if you resell. Obviously your mileage may vary.
Investopedia
10-03-2009 20:32:48
Just saw a PS3 go for $26
$22.50... gone... seeya, wasted... never going on there again.
junkie06
11-03-2009 08:59:59
if you're gonna go for the larger prizes i would suggest getting larger credits
junkie06
11-03-2009 09:03:44
[quote2f064a1b84="tjwor"]
My friend introduced me to this site, I haven't tried to win anything yet, because I don't have the money, my friend has won 2 cameras, but has lost a lot of money on other items..
and as for making a site like this, it probably wouldn't be very profitable, if you google you will find a few others like it (or look at the ads on the Swoopo page itself)
[/quote2f064a1b84]
Yeah I want the nikon camera too...what did he do to get the two cameras or at least one of them...
akalic
11-03-2009 11:17:14
[quote886aa3e260="bballp6699"]My guess is that you can make money off this if you're smart about it and have patience. You'd have to make a pretty big commitment to it. If you bought 700 bids ($525), and waited until the bidding hits a reasonable amount, you can put the auto bidder on. There are very few items that get above 700 bids for the winner. In fact, I've only seen one or two and they were worth $1500 or above. Go after an item from about $700-$1200. You should win it and could make a nice profit if you resell. Obviously your mileage may vary.[/quote886aa3e260]
Make money off this site? You're better off with online poker..
Getting an Ipod touch 8gb for 70 bucks? Well that's something worth throwing in 5-10 bucks wildly for in my opinion.
bballp6699
11-03-2009 11:51:03
I'm not saying do it. I for one have no interest in trying. I'm just saying it's possible. I saw a guy on there last night that was winning almost everything for more than 70% savings. He probably spent a ton of money on bids, but i bet he made a killing last night.
DRay9911
11-03-2009 15:47:54
[quote14e2e33b26="RolltheStampede"]Shaboopi?[/quote14e2e33b26]
shattered
/mick jagger'd
-dan
Investopedia
12-03-2009 13:32:18
AdrienD1892
12-03-2009 13:53:21
Wow this would be a gambler's wet dream.
That's... crazy though I have seen a few others like this. I wonder what the company is making with advertising on top of that they are banking from the bidding and how many people don't realize how much they're actually losing.
No thanks, I'll stick with Ebay. I rather pay $100 to the person giving me an item than to some unknown company so I can brag I got a PS3 for $20.
doylnea
12-03-2009 16:28:14
wait - on comparable items ie a PS3 from eBay or Swoopo, you'd rather pay more in total to eBay?
Why?
bballp6699
12-03-2009 19:12:36
AdrienD1892
12-03-2009 20:36:21
[quoted6325ab13e="doylnea"]wait - on comparable items ie a PS3 from eBay or Swoopo, you'd rather pay more in total to eBay?
Why?[/quoted6325ab13e]
I didn't say that. If you're paying .75 per bid, and bid a few dozen times, but your final price comes out to $20 you're not actually paying $20 are you? You're paying more than that becuase you have to buy the right to bid. Also this is a complete gamble, because you ARE paying, so you run the chance of paying money and never getting an item. It's just not worth the risk for me. I rather pay a little more knowing I'm going to get what I'm bidding on, than pay $100 for the right to bid on something I may or may not get. I just don't have the money to waist
bruman
12-03-2009 23:38:32
[quote383c11c47e="bballp6699"][quote383c11c47e="Investopedia"]Some auctions of interest...
61" TV[=http//www.swoopo.com/auction/samsung-hl61a750-61-1080p-led-powered-dl/160176.html]61" TV
^Swoopo made $18,000 on this auction
[/quote383c11c47e]
Guy paid $3500 for an $1800 item. People are crazy, they should start selling cars on this thing. Could probably make a hundred grand on one car.[/quote383c11c47e]
Either I'm looking at it wrong or you are. What I see is the guy paid $244.98 for the TV. There were 4,389 bids -- that multiplied by $0.75 (the cost of one bid) is $3,291. So Swoopo made $3,291 off of that auction (plus the $244 the guy paid and minus the cost of the actual TV).
SkatingCrippled
13-03-2009 01:33:32
[quote56eb2a8195="bruman"][quote56eb2a8195="bballp6699"][quote56eb2a8195="Investopedia"]Some auctions of interest...
61" TV[=http//www.swoopo.com/auction/samsung-hl61a750-61-1080p-led-powered-dl/160176.html]61" TV
^Swoopo made $18,000 on this auction
[/quote56eb2a8195]
Guy paid $3500 for an $1800 item. People are crazy, they should start selling cars on this thing. Could probably make a hundred grand on one car.[/quote56eb2a8195]
Either I'm looking at it wrong or you are. What I see is the guy paid $244.98 for the TV. There were 4,389 bids -- that multiplied by $0.75 (the cost of one bid) is $3,291. So Swoopo made $3,291 off of that auction (plus the $244 the guy paid and minus the cost of the actual TV).[/quote56eb2a8195]
It was a penny auction, so there were more than 20,000 bids.
DRay9911
13-03-2009 02:47:22
<--- sucker
i ended up making an account, although i haven't bid on anything yet
looks like that damn bidbutler makes it tough for someone who is up at crazy ass hours in the morning (like me) to end up being the high bidder.
-dan
bballp6699
13-03-2009 06:13:45
[quote959390260f="bruman"][quote959390260f="bballp6699"][quote959390260f="Investopedia"]Some auctions of interest...
61" TV[=http//www.swoopo.com/auction/samsung-hl61a750-61-1080p-led-powered-dl/160176.html]61" TV
^Swoopo made $18,000 on this auction
[/quote959390260f]
Guy paid $3500 for an $1800 item. People are crazy, they should start selling cars on this thing. Could probably make a hundred grand on one car.[/quote959390260f]
Either I'm looking at it wrong or you are. What I see is the guy paid $244.98 for the TV. There were 4,389 bids -- that multiplied by $0.75 (the cost of one bid) is $3,291. So Swoopo made $3,291 off of that auction (plus the $244 the guy paid and minus the cost of the actual TV).[/quote959390260f]
The regular auctions go up by 15 cents each bid, this was a penny auction so every penny in the final amount was a 75 cent bid. 24400 bids x 75 cents. The guy that won the auction bid 4,389 of those times x 75 cents = $3291 + the $244 for the price of the TV + $70 shipping.
DRay9911
13-03-2009 07:03:45
there was a 1TB iomega external hard drive that went for under $4 (not including shipping). i tried to bid with 2 seconds left but i guess the processing time was too long and i missed out.
don't know if anyone else noticed the '1,000 iphone gift cards', they didn't call them 'Apple gift cards' which i thought was strange. can't remember the final prices but they were steals.
i just hope we find out in a month or so that the site is filled with shills
-dan
AdrienD1892
13-03-2009 07:23:56
Except, unlike Ebay, if you bid with 2 seconds left, it then adds 15 seconds to the clock. So the time never actually expires until everyone else decide to stop bidding...
I've been watching a TV's last 15 seconds for the last five minutes.
I'm sure there's a system to this where someone could get cheap items, but I'm just not willing to risk it.
Good luck to people who are. Let us know if you find a good way of bidding/winning
Investopedia
13-03-2009 08:33:19
[quote3ce1046541="AdrienD1892"]Except, unlike Ebay, if you bid with 2 seconds left, it then adds 15 seconds to the clock. So the time never actually expires until everyone else decide to stop bidding...
I've been watching a TV's last 15 seconds for the last five minutes.
I'm sure there's a system to this where someone could get cheap items, but I'm just not willing to risk it.
Good luck to people who are. Let us know if you find a good way of bidding/winning[/quote3ce1046541]
Oh yeah, that 61" TV lasted a good 24 - 30 hours before it ended, and it was at 5 seconds when I first found out about the site.... You have to think if a high priced item like that is at $50, it's not going to end for quite sometime. Although that's what I thought about a $25 PS3, which ended right in front of my nose (with bids in the account!)...
Dray - PM'd
JennyWren
13-03-2009 10:55:43
Wow, I'm pretty glad that isn't available in Canada, seems dangerous. Doesn't Bidz.com work on the same concept?
SkatingCrippled
13-03-2009 11:04:55
[quote3e6f328243="JennyWren"]Wow, I'm pretty glad that isn't available in Canada, seems dangerous. Doesn't Bidz.com work on the same concept?[/quote3e6f328243]
No, Bidz.com is a regular auction site like eBay, the only difference being that all auctions start at $1.00, and like Swoopo, the auction timer gets extended when someone places a bid in the last ten or fifteen seconds.
JennyWren
13-03-2009 11:12:54
Ah ok. I remember using Bidz.com once and all I really remember was the timer kept going up when people placed bids.
Man, I seriously need to come up with one of these ideas and make craploads of cash.
DRay9911
13-03-2009 13:21:36
if word of this site has spread to other discussion groups any of us take part in (freebie or non-freebie), i would be interested to see in a month or two if someone/anyone is ever the high bidder of anything significant.
-dan
DRay9911
13-03-2009 17:03:39
i officially hate this site now
http//www.swoopo.com/auction/acer-as8730-6918-18-4-inch-laptop/161611.html
i bid a few times and then stepped away, come back and the auction is over.
$11.82 + $20 for shipping = crap!
-dan
JennyWren
13-03-2009 18:48:29
Seeing as how the same items come up again and again, it seems the best thing to do would be to watch for a while and see what the average price is that your item is going for, and also take a look at the highest it goes for. Then pick some value between the two, wait until you see one of that item up in that range, and start bidding on it then. That way you won't be placing as many bids and you're still in the range where it's likely to actually sell. You'll miss out on the ones that go for a lot less, but you'll save in the long run on bids, since you will be a lot less likely to lose the bid.
tjwor
13-03-2009 20:09:35
the biggest problem with making money on swoopo is the fact that people have way to much of an invested interest in the items they are bidding on.
BidButler makes this unprofitable...
like the auction you were watching D-Ray, the guy may have been one of those guys that sets their bid butler on for several thousands of bids. This means that it doesn't matter if you would have been there, because you would have bumped it for another 15 secs, at which point many other people would have become involved most likely... The more people on the site, the harder it becomes to get good deals, and it i seeming to me to be to the unprofitable in the long run point...
mnx12
15-03-2009 17:23:09
Hey if anyone is planning on signing up, and would be willing to sign up under my ref so I can get 5 free bids, send me a pm.
I bought the $20 thing for 30 bids, but haven't bid on anything yet. Trying to figure out how to win lol.
ILoveToys
15-03-2009 18:33:14
Yeah...the fact that it costs something to bid is a joke. You'll end up spending way more than just bidding on ebay.
Iloveipods2
16-03-2009 01:59:46
wow if it's a really expensive item like a 40 inch TV this is def worth it because if you spend .75 on each bid and make 100 bids, that's only a $75 TV (+$20 for shipping)
Lower end items, not so much.
mnx12
16-03-2009 22:38:24
The $20 I spent is just wasted. No way am I doing that ever again. Don't waste your time and money.
Investopedia
17-03-2009 08:44:48
[quote6963f30f20="mnx12"]The $20 I spent is just wasted. No way am I doing that ever again. Don't waste your time and money.[/quote6963f30f20]
Yep I said the same exact thing, but I'm advertising it on facebook for .25 cents a click, got one sign up so far and spend about $3.50.... I guess that's not really worth it, but I guess I'm reaching a whole bunch of people so the opportunity is there....
If anyone wants to go in on a guide like "BeatSwoopo.com", let me know.
bruman
17-03-2009 09:26:30
there's a guide on demonoid
tjwor
17-03-2009 18:20:09
you aren't going to make money with just risking $20, look at the average amount of bids to win items, it is way more than just a few bucks...
it is going to have to be something like a 3 or 4 hundred investment to have good odds on a high ticket price item...
AdrienD1892
18-03-2009 10:33:13
[quote20392b600c="Iloveipods2"]wow if it's a really expensive item like a 40 inch TV this is def worth it because if you spend .75 on each bid and make 100 bids, that's only a $75 TV (+$20 for shipping)
Lower end items, not so much.[/quote20392b600c]
Plus the price you "won" the item for.
vijay04964
27-03-2009 10:52:46
But, is it hard to actually win the items, since there is a lot of bidding going on?
FreeOffersNow
31-03-2009 08:56:53
I think a key point here is to always bear in mind that you're more likely looking at saving between 50 and 70%, not 70 and 90%.
For example, you'll probably pay $250 ($230 in bids, $10 ending price, $10 shipping) for a $500 item and be happy. You're probably NOT going to pay $40 ($20 in bids, $10 ending price, $10 shipping) for a $500 item.
Also keep in mind that it doesn't seem to be any stretch of the imagination for someone to spend $ on an auction and not win it, so say you lose 2 and win 1, you in example one you may have spent $150 and $200 in bids before spending $230, meaning you actually spent $500 for the $500 item ($150 in bids, $200 in bids, $230 in bids, $10 ending price, $10 shipping). Hooray for math + logic. Great business model, by the way. I wouldn't be surprised to see it cloned.
DRay9911
04-04-2009 13:40:39
i've seen an explosion of banner ads for swoopo over the last few days
gmail
the pirate bay
anything for free
-dan
moneymaker11
16-08-2009 14:57:35
Signed up and left it, they just make you buy bids (which are expensive) wasted a tenner stupid me roll
bruman
16-08-2009 15:07:12
This is an offer on freebie sites as well.. I've seen it on the Git-R-Free sites, not sure if it's anywhere else.
epignosis567
21-08-2009 10:36:14
swoopo is a scam, their employees bid on them. i'm in a dispute with them now.
go to swoopo us site, look at any items end price, then go to all their other sites in all the other countries and find the same item. they offer the same item on all their sites worldwide, but the price doesn't change, only the denomination mark. which means that they're "selling" the same item for different prices all over the world, because they don't take into consideration the exchange rate. so if an ipod is going for $100 on the us site, you can get it for 100 francs, marks, pounds, yen or whatever on their other sites.
scam.