Great question Slavica,
First I recommend that you read Tips and Strategies for winning Pricebenders
Auction. Read it over and over again till it sinks in your mind for a permanent
Reminder since it is very vital for your winning success in the auction.
2, don’t rush to participate in the auction, take your time and study the product
The once you want to bid on how much they worth and how much you are willing
To spend on it. Remember it is a penny increment auction on the surface, but
Actually each bid will cost you at least $0.29 so put that in consideration when you
Bid to determine your profit or lose.
3, Study the people who are bidding on the auction, their bidding behavior, their
Strategy, their experience, who they are, We used to have their name and more info
About them but not anymore, but you can still truck them down, by country flag
And by the list of bidding they do from latest winners list.
4, Very critical start from the (1wa ) first timer who never won pricebenders auctoin
Before.
Then do the junior auction for your next 8 winning bid, no reason to jump to others
Since you have 9 chances before you put yourself with experienced bidders. You will
Gain enough feeling what is coming at later days. Also watch the experienced bidders.
5 Never engaged in a bidding war, don’t put your emotion and ego ahead of what
You are there in the first place, Don’t pay more than what the actual item worth for.
If your final expenditure looks more than what you are paying if you buy it from
Store, take your lose and get out of there.
If I go car auction, I wouldn’t be willing to pay $ 5000.00 for $ 2000.00 worth car
Because of everyone has a tag war on it. Be smart and be efficient. Profits are made
When you buy it not when you sell it. Keep that in mind.
Last but not least don’t be emotional, if you win ok, repeat that strategy, if you lose ok as well correct your mistake and keep moving forward.
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Great question Slavica,
First I recommend that you read Tips and Strategies for winning Pricebenders
Auction. Read it over and over again till it sinks in your mind for a permanent
Reminder since it is very vital for your winning success in the auction.
2, don’t rush to participate in the auction, take your time and study the product
The once you want to bid on how much they worth and how much you are willing
To spend on it. Remember it is a penny increment
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