Create Your Own Swoopo-like Site with PHP Penny Auction Script 16

A penny auction site is a new generation of online auction sites where each bidder not only pays the winning bid for an item, but also pays an auction fee. The auction ends after a period of time, usually ten to twenty seconds, with no new bids, the last participant to bid wins the bid and also pays the final bid price, which may be considerably lower than the selling price of the item. The auctioneer makes money by selling bid packages, which usually far more than the value of the item. These auctions usually take place on the Internet and not in person.

php penny auction script 16

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