Swoopo is a new site which started in Germany offering shoppers goods at prices at a fraction of the retail price has now hit the US. An example of the prices includes a 40inch Samsung TV which sold for $67 against its RRP of $1500. The only catch is that users are charged 60 cents every time they bid hence charges can add up quickly!. Critics are saying that the site is preying on individuals who overlook small increments of money they spend to pursue the discounts – often the odds are high as bids are being made against people in Germany, Britain and the states.
Tags: Swoopo
September 11th, 2009 at 2:55 pm
I think you’re the first person on the entire world wide web to identify the problem with Swoopo. It’s international! You’re competing against people that are awake at 2AM in your time zone and other time zones. The system never sleeps and therefore you can never get an advantage. The TRUE deals (most times) should go to those with SOME sort of an advantage. In “auction sniping” (like eBay), that’s usually at odd hours or the end of the auction.
With PriceDrip, the true deals go to those that are willing to accept the least discount.