Entertainment Shopping

Entertainment shopping sure is gaining in popularity. (source pennyauctionwatch)

You may be interested in hearing that Nick Lachey, former star of boy band 98 Degrees, current MTV star of "Taking the Stage," and ex-husband to Jessica Simpson, announced on the Rachael Ray show last week that he's a partner and spokesman for the lowest unique bid, reverse auction Winnit. Winnit was previously Tribber.com.

But why is Winnit listed as running their business registered in The Seychelles with state filing number 46142 ?

Winnit International, Inc.
Suite 1, Mec Complex
Avenue D'Ahora
Providence, Mahe
Seychelles

Winnit's Porsche Winner $17.10

by auctionwatcher on December 1, 2009

checkDigg("http://www.pennyauctionwatch.com/2009/12/winnits-porsche-winner-17-10/", "5137", "http://www.pennyauctionwatch.com");

Congratulations to the winner "chazza" of Winnit's lowest unique bid auction for a 2010 Porsche Cayman, the winning bid was $17.10. This would mean that there were at least 1,710 bids (at $4 per bid) placed on the auction.

There are now testimonials posted http://www.winnit.com/testimonial.php.

Once members have placed a bid, Winnit will inform them whether their bid is (1) unique and/or (2) the lowest. Based on this, Winnit will provide hints for the next bid in order to help users guess the lowest, unmatched amount on the same product. Each auction has a set fee-per-bid ranging from $1 to $4 depending on the product. Members may bid multiple times in any auction, but please note that the bid fee applies to each individual bid.

If a single Lowest Unique Bid has not been received by the close of an auction then the winner is determined by the lowest bid amount that has been placed by exactly two members. The member that placed this bid amount first will be deemed the winner. If an auction does not have a bid amount that exactly two members have placed then Winnit will find the bid amount that three users have bid and apply the same rules.

Winnit winners are notified of their prize within 12 hours of an auction's close in order to account for the reconciliation of bids and the auditing of results when necessary.

How to get started:

  • Create a user account
  • Select an auction to bid on
  • Place your bid (bid fees are listed by product)
  • Winnit will immediately inform you of the status of your bid and let you know whether or not you have guessed the lowest, unique amount. Remember to press the refresh button Refresh to update the status on your bids
  • You will be updated on the status of your bids by e-mail and may also view auction status on your "My Account" page
  • At the close of an auction, if your bid remains tagged as the Lowest Unique Bid, you will be notified of your win by email with instructions on how to proceed!

Note from WINNIT on facebook: ouch.

Winnit.com Hi guys! We are truly sorry about the delays in shipping! Due to sickness we are behind on deliveries. We are working around the clock to get items out before the 16th of december so you will have them before christmas! Again, we are truly sorry about this, but please do no worry about the legitimacy of Winnit. Everyon...