g7w, we built our business on the bet that penny auctions are not a sustainable model. That's why we offer a more sustainable, risk-free, fair & honest alternative to penny auctions. We turned the penny auction model upside down on itself and solved the one issue that makes people feel like penny auctions are scams: we removed the risk of bidding.
If you don't win an auction at DealDash, rather than losing the bid money, you can purchase the identical product from DealDash at a normal fixed store price using the Buy it Now option and get a full refund on all the bids you lost. 8/10 bidders win auctions on DealDash. Half of DealDash's revenue is generated through the Buy it Now.
This approach has helped us become the longest running company in the market in a very competitive and venture backed market. Over 3 years, DealDash has grown its profitable, recurring revenues to 8-figures annually and now provides the service to a US base of 275,000+ shoppers.
We are audited, backed by respected investors and 90%+ of our sales transactions are repeat sales. Our customers love our product and we are in the business to keep it that way.
Please visit DealDash for a better understanding of how we differentiate from other penny auction sites.
You can reach me on email or Facebook.
goo.gl/f3F72 (facebook.com) - will@dealdash.com
Yours sincerely,
Will Wolfram
Founder & CEO