Pognu - www.pognu.com

Those that have always been keen on online auctions but who feel they have outgrown the model championed by eBay and related marketplaces should give this website a good look. Named Pognu, it offers online auctions that last only a couple of minutes. These auctions have prices that fall vertiginously, and they are over in a flash. This is something entirely suitable for today's online crowd - a crowd that maximizes "micro" concepts is bound to take a liking to a system in which briefness and snappiness are the main tenets.

There are no fees to be paid for listing anything on the site, and no fees have to be paid for buying anything either. If an item that was listed did not sell, the item is automatically relisted for free as well. Of course, featured auctions are included for those who are looking for additional exposure and outreach.

In any case, there is a credit system that lets users unlock a series of advanced features, and these credits can be earned or purchased for only 10 cents.