Post by Erich on Jun 8, 2011 11:32:21 GMT -5
Tips & Strategies For Winning Pricebenders™ Auctions
There seems to be no limit to the number of tips and strategies out there on the Internet about how to win penny auctions and spend the least number of bids to do it. Trouble is, there seems to be little consensus on many matters. Some “experts” recommend using auto-bid tools, others warn against them. Some stress intricate strategy and mathematical accuracy of bid timing and amounts. Others claim that winning is most simply a matter of bidding at the right time.
However, what most DO agree on is that preparing yourself and practicing a few, clear penny auction do's and don'ts could save you a lot of money AND increase your chances of winning. For preparation, read (and re-read if necessary) the “How It Works” article HERE. Then, before placing a bid for a Pricebenders™ auction item, be sure to familiarize yourself with these essential do's and don'ts:
Pricebenders™ Do's
DO...determine a bid budget and stick to it.
DO...watch the auction timer. If the counter almost reaches zero again and again before starting over, it means that there are probably not very many members bidding on that item...and that means your chances of winning are higher.
DO...consider some of the less-expensive items. Generally, fewer people bid on cheaper items and, again, fewer bidders mean your chances of winning are higher.
DO...time your bids wisely. This is a vital factor to winning. Bidding right after the start of an auction, for example, is usually a wasted bid.
DO...observe the auctions and list of recently won auction items to determine the best time of day that consistently have the fewest bidders (generally, the lower the winning price, the less bidders there were).
DO...enter the "Pick-the-Price" contest (located adjacent to all Pricebenders feature auctions). There's no cost to enter and it's simple, easy, and fun! Just log in at TripleClicks at the start of each new feature auction and submit the amount you think will be the winning price of the item. Yes, you can enter each time we start a new auction...so multiple times every day you have another chance to win! If you pick the final price exactly right, you immediately win 200 free TCredits, a $58 value! If no one picks the exact, final price, 20 free TCredits is awarded to the person(s) whose prediction was the closest without going over.
DO...purchase your TCredits for bids in bulk if you can. In this way, you'll minimize your cost per TCredit (as low as $0.29 each) and ensure you'll have as many as you need to complete an auction. Running out of TCredits at the last moment can be costly...and heartbreaking!
DO...if you're on the TripleClicks homepage, check out the auction item's description page by clicking the item name. In this way, you'll be sure to know EXACTLY what you are bidding on and avoid unpleasant surprises later. You'll also be able to see the bid log listing all bidders for this item. Tip: Click on a bidder's name to see their TripleClicks "TConnect" Webpage to learn more about him or her.
DO...use Pricebender's Auto-Bidder with care! This useful tool can ensure your bids are entered automatically, so you won't have to stand by monitoring an auction...but it should be used carefully and with your budget in mind. Tip: Let's say you think an item's final price is going to be $1.75. A smart auto-bid might be to set up, say, 10 TCredits for between $1.50 and $1.75. Of course, keep in mind that if the price never reaches $1.50 none of your bids will be placed. Conversely, if the price goes beyond $1.75, someone else may win the auction after your ten TCredits have been automatically bid. If you think the auction is near it's end you can still bid and wait till the timer goes down low.
DO...read Pricebenders Rules & Policies and be sure you understand the rules and limits for participating in the penny auctions.
--------------------------------------------------------------------------------
Pricebenders™ Don'ts
DON'T...bid more on an auction than you are willing to lose.
DON'T...wait too long to bid. Connectivity issues, computer crashes, latency (network delays), and other factors may interfere with your bid. If you wait till the last few seconds to bid, you're running the risk that your bid won't go through in time. And make sure you understand that when you bid, it just resets the auction clock, so being the last one to bid before the clock hits zero gains you little if anything...and may just keep you from winning if your bid is delayed by one of the afore-mentioned technical issues. If your strategy is to wait until the "last possible moment," we recommend bidding with NO LESS THAN 5 seconds remaining.
DON'T...get overly excited when bidding. You'll be more likely to break your budget and/or use your TCredits up faster than you need to.
DON'T...get in a bidding war with other bidders. If you can, sit back and let others battle and use their TCredits trying to out-bid each other.
DON'T...pick an item on which to bid just because it looks like only a few members are bidding on it. A lot of members wait until the last few moments to bid. So while it may look like only a few bidders are interested, dozens more are probably watching and waiting—particularly if it's a popular item.
==================================
Remember those of you who are using TC Pricebenders to build an online income source with SFI should primarily bid on Co-Sponsored Affiliates [CSA] and TCredits [TC]. Of course there are tens of thousands of other items being sold so you might decide to bid on other products too which is fine and can increase your Team Leader status....which translates into higher commissions from you CSA's. Silver coins and bars have recently caught my attention for investment purposes..
One final thing to understand is the SFI, TripleClicks, Pricebenders are all one home business with the parent company being Carson services. SFI, TC, and PB should be used together when your goal is to create a profitable Home business with ongoing residual income. SFI's home office is located in Lincoln Nebraska. SFI launched online and quickly became successful in 1998. I've personally enjoyed a profitable home business with them since Feb 2000.
Carsons Services- Strong Future International
Address: 5945 Cornhusker Hwy, Suite A, Lincoln, NE 68507
Phone: (402) 434-8480 (Mon-Thurs, 9 a.m. to 1 p.m. CST)
Fax: (402) 434-8483
See all the auction results and winning bids [and qualify to bid]after you join SFI free of charge. Then you will automatically become a TripleClicks [TC] member and get access to all auctions along with about 50,000 products and services being sold for pennies on the dollars.
SFI-Triple Clicks & Pricebenders Free Memberships
Within a minute or two after completing the above form, you will get an email confirmation [might need to look in your spam or trash box if you screen and filter all unknown emails] from SFI..
Then click on the email link and login to your SFI affiliate acct. At that point you can click on the "HOT SPOTS" drop down menu and you will see TRIPLE CLICKS near the bottom. Simply click on that link and it will take you directly to Triple Clicks and Pricebenders. Depending on what browser you're using, you might need to.enter your sfi id/password again to get into TC. Regardless, at that point, you will also be a TripleClicks & Pricebender affiliate with all rights and priviliges.
If you would rather just be involved with TripleClicks & Pricebenders and not use SFI as a free home business go to the following SFI-Triple Clicks & Pricebenders Auctions
I don't recommend this because most all of us here are either looking for work at home income or adding another source to what we're already usine. Once more all 3 are interconnected.for those interested in online income!
Either way... I wish you the best!.
To Your success
Erich
There seems to be no limit to the number of tips and strategies out there on the Internet about how to win penny auctions and spend the least number of bids to do it. Trouble is, there seems to be little consensus on many matters. Some “experts” recommend using auto-bid tools, others warn against them. Some stress intricate strategy and mathematical accuracy of bid timing and amounts. Others claim that winning is most simply a matter of bidding at the right time.
However, what most DO agree on is that preparing yourself and practicing a few, clear penny auction do's and don'ts could save you a lot of money AND increase your chances of winning. For preparation, read (and re-read if necessary) the “How It Works” article HERE. Then, before placing a bid for a Pricebenders™ auction item, be sure to familiarize yourself with these essential do's and don'ts:
Pricebenders™ Do's
DO...determine a bid budget and stick to it.
DO...watch the auction timer. If the counter almost reaches zero again and again before starting over, it means that there are probably not very many members bidding on that item...and that means your chances of winning are higher.
DO...consider some of the less-expensive items. Generally, fewer people bid on cheaper items and, again, fewer bidders mean your chances of winning are higher.
DO...time your bids wisely. This is a vital factor to winning. Bidding right after the start of an auction, for example, is usually a wasted bid.
DO...observe the auctions and list of recently won auction items to determine the best time of day that consistently have the fewest bidders (generally, the lower the winning price, the less bidders there were).
DO...enter the "Pick-the-Price" contest (located adjacent to all Pricebenders feature auctions). There's no cost to enter and it's simple, easy, and fun! Just log in at TripleClicks at the start of each new feature auction and submit the amount you think will be the winning price of the item. Yes, you can enter each time we start a new auction...so multiple times every day you have another chance to win! If you pick the final price exactly right, you immediately win 200 free TCredits, a $58 value! If no one picks the exact, final price, 20 free TCredits is awarded to the person(s) whose prediction was the closest without going over.
DO...purchase your TCredits for bids in bulk if you can. In this way, you'll minimize your cost per TCredit (as low as $0.29 each) and ensure you'll have as many as you need to complete an auction. Running out of TCredits at the last moment can be costly...and heartbreaking!
DO...if you're on the TripleClicks homepage, check out the auction item's description page by clicking the item name. In this way, you'll be sure to know EXACTLY what you are bidding on and avoid unpleasant surprises later. You'll also be able to see the bid log listing all bidders for this item. Tip: Click on a bidder's name to see their TripleClicks "TConnect" Webpage to learn more about him or her.
DO...use Pricebender's Auto-Bidder with care! This useful tool can ensure your bids are entered automatically, so you won't have to stand by monitoring an auction...but it should be used carefully and with your budget in mind. Tip: Let's say you think an item's final price is going to be $1.75. A smart auto-bid might be to set up, say, 10 TCredits for between $1.50 and $1.75. Of course, keep in mind that if the price never reaches $1.50 none of your bids will be placed. Conversely, if the price goes beyond $1.75, someone else may win the auction after your ten TCredits have been automatically bid. If you think the auction is near it's end you can still bid and wait till the timer goes down low.
DO...read Pricebenders Rules & Policies and be sure you understand the rules and limits for participating in the penny auctions.
--------------------------------------------------------------------------------
Pricebenders™ Don'ts
DON'T...bid more on an auction than you are willing to lose.
DON'T...wait too long to bid. Connectivity issues, computer crashes, latency (network delays), and other factors may interfere with your bid. If you wait till the last few seconds to bid, you're running the risk that your bid won't go through in time. And make sure you understand that when you bid, it just resets the auction clock, so being the last one to bid before the clock hits zero gains you little if anything...and may just keep you from winning if your bid is delayed by one of the afore-mentioned technical issues. If your strategy is to wait until the "last possible moment," we recommend bidding with NO LESS THAN 5 seconds remaining.
DON'T...get overly excited when bidding. You'll be more likely to break your budget and/or use your TCredits up faster than you need to.
DON'T...get in a bidding war with other bidders. If you can, sit back and let others battle and use their TCredits trying to out-bid each other.
DON'T...pick an item on which to bid just because it looks like only a few members are bidding on it. A lot of members wait until the last few moments to bid. So while it may look like only a few bidders are interested, dozens more are probably watching and waiting—particularly if it's a popular item.
==================================
Remember those of you who are using TC Pricebenders to build an online income source with SFI should primarily bid on Co-Sponsored Affiliates [CSA] and TCredits [TC]. Of course there are tens of thousands of other items being sold so you might decide to bid on other products too which is fine and can increase your Team Leader status....which translates into higher commissions from you CSA's. Silver coins and bars have recently caught my attention for investment purposes..
One final thing to understand is the SFI, TripleClicks, Pricebenders are all one home business with the parent company being Carson services. SFI, TC, and PB should be used together when your goal is to create a profitable Home business with ongoing residual income. SFI's home office is located in Lincoln Nebraska. SFI launched online and quickly became successful in 1998. I've personally enjoyed a profitable home business with them since Feb 2000.
Carsons Services- Strong Future International
Address: 5945 Cornhusker Hwy, Suite A, Lincoln, NE 68507
Phone: (402) 434-8480 (Mon-Thurs, 9 a.m. to 1 p.m. CST)
Fax: (402) 434-8483
See all the auction results and winning bids [and qualify to bid]after you join SFI free of charge. Then you will automatically become a TripleClicks [TC] member and get access to all auctions along with about 50,000 products and services being sold for pennies on the dollars.
SFI-Triple Clicks & Pricebenders Free Memberships
Within a minute or two after completing the above form, you will get an email confirmation [might need to look in your spam or trash box if you screen and filter all unknown emails] from SFI..
Then click on the email link and login to your SFI affiliate acct. At that point you can click on the "HOT SPOTS" drop down menu and you will see TRIPLE CLICKS near the bottom. Simply click on that link and it will take you directly to Triple Clicks and Pricebenders. Depending on what browser you're using, you might need to.enter your sfi id/password again to get into TC. Regardless, at that point, you will also be a TripleClicks & Pricebender affiliate with all rights and priviliges.
If you would rather just be involved with TripleClicks & Pricebenders and not use SFI as a free home business go to the following SFI-Triple Clicks & Pricebenders Auctions
I don't recommend this because most all of us here are either looking for work at home income or adding another source to what we're already usine. Once more all 3 are interconnected.for those interested in online income!
Either way... I wish you the best!.
To Your success
Erich