How To Make Money on Penny Auctions

Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.

You may have heard of these online bidding sites called Penny Auctions, but did you know you could make money on penny auctions?
All you have to do is sign up as an affiliate for one of the companies, and from there, it’s pretty easy.

Make Money on Penny Auctions – Go Big!

Each auction company is different, but their purpose is the same. They want people to buy bids to play on their auction sites. People become addicted to the auctions and therefore need to buy bids to play.

If you sign up as an affiliate, you will typically get paid through profit sharing. The company splits 50% of their profits with their affiliates. Depending on how long you’ve been with the company, how much you’ve invested (yes you have to pay), will depend on the payment you will receive.

As with any network marketing or MLM company, you have to put some money into the program. How much money you put in depends on how fast, or how much money you want to make on the penny auction program.

For the company I joined, I started at the lowest monthly fee, just to see how it works. It didn’t take long to realize that it was easy to make money on penny auctions, and I quickly jumped to the top level.

Essentially, you get paid for placing a free classified ad to promote the penny auction. The company makes money on people buying bids and using the auctions. You put the ad on a free classified site, and then report back to the company with the link for that ad. By proving that you’ve placed an ad, you are eligible for that day’s profit sharing.

When you sponsor other people as affiliates, you get rewarded for their activities as well, just like any sponsor-type business. So, you’re profits increase exponentially, and very quickly.

How Hard is it to Make Money on Penny Auctions?

You don’t need a website. You don’t need to know SEO (if you even know what that is), or how to market, or how to write copy, nothing.

If you can open an internet browser, and copy and paste text, you’re in!

The company writes the ads, and gives you dozens of suggestions of where to place them. You copy and paste an ad to a classifieds site, and report back to the company, and your done for the day.

Honestly, you can spend ten minutes a day, and make money on penny auctions.

It’s so easy, you could do it while watching TV, or before you go to work in the morning. Or for some, you could even do it at work;)

And it’s so easy, and fun, you should be able to find lots of people to sign up along with you.

How Fast Can I Make Money on Penny Auctions?

There are definitely rules on how the system works, and it will work differently for each person, but you can watch your profits grow from day one.

You get profit sharing results every day, so you can see your rewards increase daily.

Although you could take out small amounts of money, it is best to leave your profits in for a few months, so that they can grow within the system. Once they get to a certain level (depending on how much skin you have in the game), you can start paying yourself a handsome salary – daily. And, from your profits, you can pay for your monthly fee.

Whether you are looking for some extra house-hold cash, or are looking to create yourself a small business, you can definitely make money on penny auctions.

Have a look at this video and it will explain more about how you can make money on penny auctions.