PegDown is a very interesting platform that basically lets shoppers decrease the prices of different items by 50 cents at a time. This is done by merely clicking a button.
That is, any item which is listed on PegDown has a constantly-decreasing price that is hidden to begin with. You (as a registered user of the site) are allowed to click on a button that will reveal that price, and lower it by 50 cents at the same time. And once you have discovered how much the item retails for, you can do two things. You can either grab it right there and then, or you can wait and check it back a while later. If that is the case, you might be able to get it for even less. But you will run the risk of losing the item altogether.
PegDown, then, can be defined as a marketplace with decreasing prices. Yet, it is vital to point out that the sellers still receive the price that they would receive at any other retailer or auction website. So, it is a win-win situation.
PegDown.com In Their Own Words
Lower the prices for the stuff you want!
Why PegDown.com It Might Be A Killer
It is a novel way to get these items you want at prices that are much lower than usual.
Some Questions About PegDown.com
How many product categories are already featured? 
