Going After the 'Big One'
Who would turn down a brand new MacBook Pro or a Samsung television for $24.60? We offer such opportunities to our users every day. So how do you actually land the big fish? Here’s what we recommend:
Set realistic expectations
It’s important to understand that the more expensive items will generate the most competition. Items costing more than $1,000 will always generate a lot of interest and bidding. It isn’t uncommon for more than 100 people to bid on these items in a single auction. These auctions are high risk/high reward and ought to be treated that way.
Winning such an auction with a small number of bids is possible and happens every day. Recently, user SHILE06 won a Nikon D90 12.3MP DSLR Camera + Lenses with only 4 bids placed! This isn’t the norm, though. Most users who win more expensive items place a considerable number of bids before winning. Feel free to try your hand at winning with only a few bids placed, but do so with the knowledge that such a win is much less statistically likely.
Focus on an item that you want to win and watch other auctions for it. There are many factors that affect what price an item will ultimately sell for. Many can be learned by observation. For example, certain items will generate more competition and bidding at night than in the afternoon. Savvy users are often rewarded for doing research before bidding on a large auction.
Eyes on the prize!
Focus your bidding on a single auction at a time. Users who focus their attention on one item have a higher success rate and are generally more satisfied with their experience using QuiBids. Also, never enter an auction without a sufficient number of bids. Keeping your focus means doing whatever it takes to avoid leaving mid-auction to purchase additional bids.
Finally, be sure to set a budget on bids you’re willing to spend and stick to it.
What if I don’t win?
Our QuiBids commitment to you is to provide a fun, engaging shopping experience and plenty of great deals. One way we stand by this commitment is the “Buy Now” feature, which allows you to use any bids that were placed during an auction toward the retail market value of that product. It’s a security blanket that lets you walk confidently into any auction knowing that you’ll never have to pay more than our retail price for the auctioned item. It’s our way of showing how much we appreciate your business.
We hope this advice all helps you haul in the “Big One.” We love to hear from our users, and encourage you to share any and all other tips they have to help win the “Big One” in our comments section below.
QuiBids does not guarantee that enacting the suggestions listed above will lead to winning any auction. Auctions are dependent on the users participating in them and so one can never be certain what another user will do.
HOWEVER, following the guidelines listed above will increase your odds of winning in a given auction, especially if you’re a beginner. The article above should be read as a well-informed opinion, not a formalized mode of operation.