Penny Auctions are a great way to save money on everyday expenses like gas and groceries. You can even win ipads and much more. The best part is, that there is NO risk!! If you do not win the auction, you can apply all of your bids that you had used trying to win the item, TO THE PURCHASE PRICE!
Welcome to my blog, quibids strategies coming up next! stay tuned! And remember to bookmark this page.
Quibids Winning Strategies
Tip #1 watch the item you want to win for a while before you start bidding, check the "recently completed auctions" to find out what that particular item normally sells for. And associate the best price for the day of the week, and time of the day. From the data you collect make a decision of when you want to participate on the auction. Just make sure you have enough bids to go all the way if you run into some heavy competition.
Tip #2 Spend time checking on bidders so that you have an idea if you want to go against them for an item. Just take time to watch first. Also, note the Bidders that you don't want to bid against.
Tip #3 Don't bid on items that you aren't willing to pay full price for. I like to bid on walmart Gift Cards, because i shop at Walmart every week. When I go into an auction, I am willing and able to pay full price. If I win, thats an added bonus! If I lose, then i use the Buy It Now feature, where I can use all of my placed bids toward the purchase price.
Tip #4 I like to use the Bid O Matic to bid for me. I think there is an intimidation factor associated with it, it tells other bidders that you are not giving up
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