You may have shown penny auction website in routine during internet surfing. Swoopo, pennysteal and bidster are some of biggest name in penny auction market. There all offer bidding for specific type of product but their process for acting as bidder is different. But no any script can give you complete desirable features and facility to run your website on web. The common feature may be counted as creating new auction within seconds, controlling auctions, managing bids from customers, producing deal reports, displaying the "buy it now" button, timely produce coupons and classify hot lists specific items.

Normal process of a penny auction functions are as: at the beginning bidder bids on a service or item, the rate of the listing is increased by $ 0.01 which is modifiable and auction time is total to 15 seconds. Again here the time is changeable. Even if in given time frame if no bid placed then the last bid with biding amount. An email has been send to winning user ID after items succeed. The winning bidder has to pay amount in given time frame. Different payment alternatives are available such as easypay, PayPal, neteller etc. penny auction software gives the customer with a mass of tools and services. Few of them are control and security, templates standard design so that the site seems gorgeous, payment alternative for different region, and offering support organism like bug setting, rearranging of database of email and chat support in crash system. Ideal software package may contain encrypted code that can be set up in one domain and the advance version includes non-encrypted code that can be run on multiple domains. Normal penny auction software should add the following: design scalability and customization for the exclusive themes of the site and also to make it seem eye catching.

Any penny auction software should have ease for customers and must be user friendly. The option of buy it now gives your bidders the choice to purchase the item at the inexpensive rate after the auction is finished.  Importing and exporting data of sales and bids feature help you in future crashing your website. Active member list of website to inform them about new product and featured coupons. You should verify for most required features such as shipping and tracking module, marketing and display banner, back-end system controlling, security system and strength, coupons and special sales tools, auction clone choices and language option are the extra features which software must be prepared with.