Swoopo Reviews

6.66667
Your rating: None Average: 6.7 (3 votes)

Swoopo.com Reviews Swoopo Claim: Swoopo is an entertaining and innovative auction site that is somewhat like a raffle, a game, and a little like gambling. Swoopo is a money saving opportunity where most of the auctions are won at 35% of the retail value of the merchandise. Users purchase a bidpack at 0.60 cents per bid and place bids on an item up for auction. For every bid, the price of the product goes up 12 cents and the auction countdown timer increases by up to 20 seconds. Once no more bids are received and the timer runs out, the item is sold at a significant discount to the last bidder. All other bidders lose their bids, but they are offered the opportunity to purchase the merchandise for retail price minus the cost of their lost bids. Swoopo gives you the chance to purchase a $2,000 TV for $500. If you were going to purchase a TV for retail anyhow, you mind as well attempt a Swoopo auction first and save if you win, purchase anyway if you lose. Swoopo often runs special offers and promotions where you can receive free bids and may end up winning an auction for free. Swoopo provides such an opportunity to save money that entire product lines and strategies have been developed to teach Swoopo tactics and win more auctions.

 

Swoopo at a Glance

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Official Site:

Entertainment Shopping, Inc.
Entertaining and Discount Online Auctions
Dependant on Bidpack
Supplier Dependant
7/10 initial post first impression rating.
Subject to change upon Editorial Review.

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Editorial Swoopo Review

Swoopo.com queued for review by a MoneyStance Editor.

 

Independent Swoopo Reviews

squidoo.com
"Now in order for it to make up for the low price its selling its goods, it is charging for the bids that are being placed, its as simple as that. Other bidders are basically paying for that item for one bidder to walk away with...its like a lottery system."

reviewstream.com
"So in conclusion, this is a great way to buy TVs, video game consoles, laptops, and cellphones for cheap, however the entire concept takes a little bit of getting used to."

Michael Baxter
"I caution many against using this site. I can almost guarantee you will spend more than you want in order to finally win an auction. I personally felt the desire to purchase more bids and try again, wiser and more confidant I had "figured the system out." "

Ryan Guina
"I read several online articles stating Swoopo is a scam. But after watching a few auctions and looking at the site, I don’t think it is a scam. I’m pretty sure everything is as advertised. But I also think that some people get upset with the bidding structure or may not understand it...People have a tendency to give in to temptation, and what could be more tempting than a 42 inch plasma TV for less than $100? "

Ed Oswald
"While the winner is likely to get a very good deal, especially on bigger items where the final price is hundreds below retail (even when you add the cost of bidding), those who lost could have spent quite a bit just to bid, and are likely doing so because of the money they need to spend to win."

christianpf.com
"As you can see in the screenshot above, the high bidder placed 186 bids @ 60 cents each for a total of $111.60 spent bidding on this camera. The final auction price ended at $22.76. So, doing a little simple math we can see that this lucky guy Zyan100 got this $800 camera for a total of $134.36!"

debtkid.com
"Bidders on Swoopo.com are the most talented and cunning of any bidders on the internet. Since the actual bid itself costs money, the bidders are reluctant to simply throw them away on an item that they do not believe it worth it. The ability to distinguish between desired and undesired items allow other bidders to “swoop” in and try to spend their bids wisely. In this regard, Swoopo.com combines the excitement of bidding with the competitiveness of a game!"

ripoffreport.com
"The second deception is that they purportedly have shill bidders that are paid to sit and run bids up and perpetuate the auction and coincidently these bidders seem to win the auction more often than not."

sitejabber.com
"It's a gambling site, not an auction site. Once you have accepted this you can stop calling it a scam. Secondly, it would be a great site if not for a handful of cheaters who dominate all the high priced items (and I know they cheat for a fact with proof). "

sanjose.bbb.org
"Rated A by the Better Business Bureau. This company has been accredited since 06/01/2010 and we are satisfied that it honors its commitment. The company has agreed to uphold our accreditation standards, which include a commitment to act in accordance with ethical business practices and to respond to customer complaints. "

 

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