The Growing Excitement and Variety - Daily Deal of The Day Site

Penny Grab is the first daily deal site to feature desktop shopping software Penny Grab Pro, where bidding allows for more strategic competition between bidders. Penny Grab will also feature Grab Auctions for even more chances to win big and save big on popular products, this growing new trend where the auction does not have timers. The bidders will be given a range in which the item will sell for at which point they will be able to place their bid until the predetermined amount is reached. The lucky winner walks away with an amazing deal!

The growing excitement and variety of Deal of the day Site makes for an important question: Why is PennyGrab.com different from the rest? The answer is simple. Operated by an Internet Retailer 500, HamGo.com brings 10 years of ecommerce experience to the penny auction arena, Not only does the staff bring experience in internet marketing to the table, they also have experience in excellent customer service and a quality product base.

PennyGrab.com Announces Grand Opening

There’s a new daily deals site that launched last week. PennyGrab.com will be offering national deals on gift cards, gas cards, gold coins, gold bars, Apple products, and more.

In celebration of America’s Independence Day, PennyGrab will be featuring gold one ounce 2011 American Eagle Coins.

Behind PennyGrab is Huntington Beach, CA-based electronics retailer,HamGo.com.

So how does it work? Each product will be listed with a price range in which the item will sell. Users purchase credits and use them to raise the price at one penny to five cents per credit until the Daily Deal price is reached. Another great feature of PennyGrab is you don’t even have to purchase credits to participate — all items have a “Buy Now” price that drops anywhere from one cent to five cents. The first person will get to purchase the item at a low price, usually 20 percent off or more. The “Buy Now” will then reset the purchase price to the original listed retail price.