What’s your winning strategy on iBid? There are many different ones to choose from, and you can change yours anytime.
Is there a favorite iBid strategy that you often use when you are bidding? There is no set way that you have to bid on iBid. If you use a certain plan one day, it doesn’t mean that you have to use the same one the next time – and it’s probably better for you if you don’t! Here are some things to think about when you are adopting a new strategy into your rotation. Read on for more information.
Sitting back and watching the auctions unfold when you aren’t bidding can be a great strategy. After watching certain people bid a few times, you can almost predict what they are going to do when they’re bidding. Most people are creatures of habit. If you notice a bidder who consistently drops out of an auction at a certain point, such as when the auction hits a price of $10, or when there are a certain number of bidders that join the auction, then you have a “leg up” on them.
Don’t Spend All of Your Bids at First.
Not spending all of your bids at the beginning of an auction is a great strategy that will result in saving lots of bids. You need to use patience and observe the auction if you want to use this strategy. The way to go about using this strategy is to put in a few bids at the beginning to see if the auction will end quickly, and if it doesn’t, then drop out for a bit.
The only problem with this strategy is that sometimes auctions end suddenly, and you might miss out. You wouldn’t want to use this strategy on something that you are incredibly interested in. This is a good strategy to use on items that you frequently see on iBid. Remember, being a person who drops in and out of auctions might miss out on some opportunities that other, more persistent bidders might take advantage of.
AutoBid Bidding Strategy
Are you incorporating the AutoBid into your iBid strategies? The AutoBid is a great tool that iBid gives (some fee of the charge) to all bidders, that you can put in as many or as few bids as you like. You can cancel it or add more bids at any time. No matter what your core strategy, whether it’s generous with your bids or more frugal, the AutoBid can help you win.
Thanks for Reading the iBid Blog
I hope that this article on improving your strategy to win more auctions was helpful for you. iBid has everything that you need for your home and family, with items for every age and stage of life. If you’re looking for a few last-minute Christmas presents, be sure to check out what iBid has up for auction today. Go check out the site and bid on some great items. Have fun on iBid, and happy bidding everyone!