How to Win on Quibids
Winning in the world’s biggest online retailer and penny auction requires cunning, the tools of the bidding trade and strategy. Every bidder knows that winning the auction means being the highest bidder when the time runs out. Of course, you would also need to know about other aspects about the bidding war such as your competitors. Here is how you can win on Quibids –
This cannot be stressed enough. Unfortunately, it is also often neglected. Penny auctions such as Quibids are addictive and can cause some players to set unrealistic expectations. Therefore, the first tip to win on the penny auction website is to limit your spending to realistic levels. You have to realize that you’re up against serious competition on Quibids…there are people (like the one in the video below) that have spent over $700,000 on QuiBids! Because of this, staying realistic is of the utmost importance.
The Time and Day Matters
You can win big if you keep this fact in mind and capitalize on it when the opportunity arises. For example, you can win if you only bid on the day and time certain Quibids items are put up for auction for the least amount. How will this help you win? There is less competition for items that sell for less than their average price. In other words, you will have better chances of snagging a bigger prize if you be patient.
Bid Late Strategy for High Value Products
If you absolutely have to gun for high value products and can afford to pay more, you can choose to bid at the very last second at the Very Hot Price or Hot Price of the auction. What are they? These are records of statistics that are reported on Quibids Report. These are basically rare price points which mean there might not be many bidders vying for them unless they are in it for the long haul like yourself. Also keep a close eye on other bids and wait it out till other bidders give up. You shouldn’t have a problem with this if you are in it for the long haul. Claim your prize once the field is clear.
Know your Bid Time
You can bid cheaper on certain auctions by selecting the best time to bid. For example, if you bid on a time when they are less competitors bidding for a particular item you have a stronger chance of winning. There are a lot of auctions for people to choose from so you won’t have trouble looking out for auctions with a thinner online crowd.
Use Bid Ninja
This particular software gives Quibids bidders a definite edge. Bid Ninja is designed to provide users a layout of the Quibids playing floor. For example, it provides the number of auctions your competitors have won, the auctions they are currently bidding in, and more. But the best part is that Bid-Ninja also lets you know the best week and hour of the day to play in. Such a tool would give you a plethora of strategies (read opportunities) to win big and then some.
*** Avoid this next temptation like the Plague! ***
Going for the Big Prize
Going for the most popular item on auction immediately is a bad idea, period. This is one of the most common mistakes that beginners make when they use the website for the first time. Needless to say, the results aren’t pretty. Remember, there is a lot of competition for these particular items and most of the competitors are seasoned bidders.
So there you have it. Remember, when it comes to winning big in Quibids, strategy counts. Choose the best online software, remember when to bid, keep track of your competitors, avoid the common pitfalls and you will rake in the winnings in no time.