| Online auctions sites have gained immense popularity | | | | rewarding users for their loyalty. Exceet earns |
| for a good reason. You can save a lot of money. Well, | | | | it’s income from advertising and businesses |
| you can if you choose the right online auction site. If | | | | offering surveys. |
| you choose the wrong one then you could end up | | | | Users earn Points for taking surveys or for spending |
| paying too much. Two of the main contenders are | | | | time on the social network portion of the Exceet |
| Exceet and Swoopo. You need to know the truth | | | | website. You earn Points for doing the things you |
| about both. | | | | usually do online. So you can win a flat screen TV |
| Swoopo | | | | paying no cash at all...only a bit of your time. |
| Swoopo has come under fire because it’s | | | | Another unique aspect of Exceet auctions is that all |
| business is built around users spending too much on | | | | auction products are free. Only the Bids themselves |
| buying bids that are spent with little or no wins to show | | | | cost points. All the sale prices and shipping is free! |
| for their efforts. There is no doubt that Swoopo | | | | There is no increasing sale price…that stays at |
| auctions are exciting like Exceet auctions, but Swoopo | | | | zero! |
| users can only get “Bids” by spending | | | | Finally, users don’t have to wait to the final |
| their hard earned money buying them. Swoopo also | | | | seconds of the auction for things to get interesting, |
| slowly increases the price at which the eventual | | | | unlike Swoopo auctions. Most Exceet auctions have |
| winner will pay to receive the product. The cost of | | | | reserves, where the reserve represents a certain |
| dozens, if not hundreds of bidders, Bids plus the | | | | number of Bids rather than an individual bid amount. |
| eventual selling price of the item often adds up to | | | | When a reserve is met the countdown clock |
| many times the actual cost of simply buying the | | | | immediately reduces to 60 seconds. So even if there |
| product. This is Swoopo’s business model. It | | | | are 2 days left on the clock, for example, the clock will |
| earns its income at the expense of its customers, | | | | immediately reduce to 60 seconds. That means |
| disguising auctions its as bargains. | | | | you’re 60 seconds away from winning the |
| Exceet | | | | product. |
| Exceet is a completely different type of auction site. It, | | | | However, if you bid on a reserve auction, but the |
| too, has exciting auctions where the final bidder when | | | | reserve is not met before the countdown reaches |
| the countdown reaches zero is the winner. But that is | | | | zero all your bids are repaid. |
| where the similarity ends. | | | | Conclusion |
| Exceet’s auctions are built around a business | | | | Swoopo and Exceet auctions may look similar at first |
| model that is designed not to trick users like an | | | | glance. But they are not. Exceet auctions are there to |
| elaborate magic show but actually as a means of | | | | reward users for their time and loyalty. |