Online bidding auctions can be some of the most entertaining fun you have online. But they can also be the most frustrating experience if you don't do your research beforehand. Read on to learn tips and tricks from some of the top online auction bidding experts.
Research, Research, and Research Some More
One successful bidder says: "As far as advice... watch the auctions you're interested in BEFORE you bid and see what to expect. Know when to bid (time of day, time of week, time of month) to conserve energy, frustration, and not to mention... money! And the Buy Now feature is priceless. I don't feel like I'm losing money, rather aiming for discounts on products I'd already be buying."
Patience and Planning Pays Off
Another bidder said "This is not a frivolous addiction: it is careful financial planning! So far, I have earned a 50% profit on my investment by teaching myself who to avoid and by studying the selling prices of items in order to gauge the best time to begin bidding. Patience and planning pays off!"
Watch Out for Over Bidders, Keep Reasonable Limits
A top bidder on QuiBids Live Auctions said, "I have learned from QuiBids 101 to watch out for the notorious over bidders, keep reasonable limits, and I have used the Buy Now for many of my gift cards... Thanks to the Limit Busters I have been able to win by watching for the right times of the day to bid. I am disabled and am on a limited budget so I have to utilize every opportunity there is to win. Between working at studying the auction trends and the great values offered, I am able to enjoy things I would NEVER be able to enjoy otherwise!"
Be Careful with Your Bidding
Another bidder warns about keeping track of your bids. "My strategy is to wait till the last 10 seconds of an auction before starting to bid, and be careful with your bidding, so you don't use up a lot of bids - I like to wait for auctions that start in the wee hours of the morning as well. I only use the Bid-O-matic when I think it's getting really close to the auction ending to make sure that I don't waste too many bids."
Most Importantly: Have Fun
Last but not least, one bidder reminds us of the main purpose of these kinds of sites. "Even if you don't win at least you have that satisfaction of enjoying the thrill of an auction."
QuiBids launched in October 2009 and quickly rocketed to success as the leading online entertainment retail auction site. QuiBids Live Auctions stand out from the competition by providing an online auction model with the absolute best user experience and deals for consumers.
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