You’ve seen the advertisements, “Win this iPod touch for $4.19″ or “the hammer fell on this MacBook for just $15.23.” These temptingly good offers are brought to you by Swoopo, an auction site of sorts that has been shown a lot of hate by our commenters. My post back in September and subsequent interview with more »

Our story on swoopo.com, an auction site that advertises crazy low prices, continues to draw folks that are either angry at the site or impressed with their business model. The concept is rather unique: bidders pay per bid which tends to keep the prices low. Is it possible to beat Swoopo? Can it be taught?

One site that has been offering advice to our readers on swoopo is David Boyd from beatswoopo.com. Dave sells a guide book of sorts on techniques to beat Swoopo. The book costs $7 and is sold from his site. From his site:

A sample of 5,000 auctions was taken to formulate several different characteristics and trends on Swoopo. You will have the ability to know what day of week a product is going to be discounted the most. You will know what time of day you should be bidding on that product.

Let’s get to the questions:Follow the link to see the interview.

In case you missed it, my post on Swoopo.com has generated a lot of interest and comments. One of the comment leavers was Swoopo.com’s Senior Manager of Business Development, Chris Bauman.

Swoopo.com is an auction site unlike the traditional auctions you know and has taken a few lumps from readers of Gadgetell. Chris works for the US arm of Swoopo.com (formerly Telebid.com) and has taken the time to answer my questions and fill us in on what the company is thinking.

Scam or great business model? Swoopo tells all. Click more to follow.

New to the US market is swoopo.com an auction site, but not one like you know and hate love like eBay. No, swoopo is a very different and interesting concept. The price you pay is the cost of bidding plus the ending final price. Confused?

Each bid costs $1. Yes, you pay to bid. You can buy bids in groups of 20 up to 500. So every time you bid, you are charged $1. Now the flip side of this is the prices are very low on goods. For example, a 2nd gen 8gb iPod touch just went for $73.80 (final sales price, who knows how much that person spent in bids to claim it). They seem stocked with lots of gadgets, laptops and even jewelry.

It gets more interesting…