About Us

No1PennyBazzar - the next generation of online auctions

Founded in UK in 2009, No1PennyBazzar is one of the world’s most innovative auction sites. Based on a widely used and familiar business model, the company sells premium products like: computers, cameras, game consoles and even cars, at very low prices.

Here is how it works: our online customers buy “tenders” in advance. They cost $1 each and are sold in packs of 10, 25, 50, 100, 250 or 500. Bidders have the choice of placing single bids, or, using an electronic bid assistant called the “T-matics”.
Every bid placed, increases the price of the product by 1c and the auction countdown by up to 20 seconds. To help keep track of the money spent on bidding, each auction displays the amount spent on bids by the customer and how much the bidder would save overall, if they won the auction at that moment. The ‘last bidder standing’ when the countdown reaches zero, wins the auction – usually at a very low price; winners save, on average, 65% and more when compared to the recommended retail price.

What makes No1PennyBazzar so unique?

Every user can get top of the range, brandname products for extraordinarily low prices.

Behind the scenes at No1PennyBazzar

No1PennyBazar.com is a service from Global-Fair-Trade located in London, UK. We are a company with more than 25 years of experiance in software development, web design and internet base customer service. The entire company is becoming internationalized step by step; all of our official communication is in English or German. Visit out website portal at www.global-fair-trade.com for more information.

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