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Penny Auctions viable market?

by Roy05
2 replies
Hey

I've been doing alot of research/ learning coding and I feel like I'm ready to start now. My plan was to start with gaming offers but I'm kinda disapointed by the payout from most game offers.

I'm now looking at Penny Auctions they seem to have a payout between 20-40 dollar per sale. I'm interested in this niche since the hollidays are coming up and people maybe looking to score some good deals. One thing scares me though when i look at the offer stats it seems nobody is promoting them at all the highest CR is 0.59%.

Is this a bad market to be in or is it just overlooked?

Also do you think This niche will work with traffic from LeadImpact?

Thanks from a newbie
#auctions #market #penny #viable
  • Profile picture of the author ChrisBa
    I think the whole penny auctions will be a fad, the good thing about gaming offers is they will like be around for a fairly long time. But that's just my opinion
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  • Profile picture of the author badboy_Nick
    No, do you know why? If you invest pennies you will only just get pennies back in return. The margins are so razor-think you won't get rich doing it.

    Go into markets where the big boys play and cost-per-clicks cost a few pounds. The stakes are higher, but it also means someone is paying even bigger money for their products and services. So why invest a ton of effort into an industry where your returns are marginal ... when you can invest the SAME effort but get 5-10x the return. This is how you ultimately get ahead in this game anyway. Doing it my way really is a lot smarter

    Nick
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