Imagine sitting down at your desk with a pen, notepad, calculator, and cup of coffee. You fire-up your computer and open up an upcoming QuiBids or DealDash auction.
As the auction begins, jot down EVERY BID placed by EVERY USER and the time in which it each bid was placed
Throughout the auction, continuously monitor and evaluate the number of bids each user places in order to determine his/her “bid spend”
Once the auction is over, calculate and analyze all bids by user and auction type (for example, an iPad) recorded in your notepad.
You’ll need to repeat this process thousands upon thousands of times over the many days, weeks, months, and years! Or, save your time and simplify the process — let Bid-Ninja do the the work for you!