Thursday, June 30, 2011

How many Penny Auctions Sites are there?

How many penny auction sites are there? Have you ever wondered to yourself the answer to this question? Sure, there are plenty of small ones mushrooming everywhere on the internet but how many serious penny auctions are there in all? Well, it seems that the answer is 135.

I dug up this number from an article in detnews about penny auctions. Here I am quoting them: (The penny auction industry) has grown to about 135 sites today, according to the research firm Technology Briefing Centers Inc.

This was a hard statistic to pull out, so don't be surprised if you see the other lazy bloggers simply copy my research and put this on their own blogs. However, you know who the best authority is when it comes to penny auctions, right :)

So anyway, apparently the answer to the question how many penny auctions are there is about 135 today. And in the future? It is anybody's guess. Like any industry, it also depends on how much regulation will be brought to this new industry and a host of other unpredictable factors.

Do you have any interesting and blogworthy facts/news/anything else about penny auctions? Don't forget to mail those to me at quibidsblog[AT]! (replace [AT] with @)

1 comment:

  1. I agree there are a lot of them out there. today theres probably way more than 135