As I read the answers to this question, there seems to be disagreement on bidding tips and strategies. Ask the following questions to put you on perspective and not lose track in your bidding strategy. What’s your objective when bidding? Are you sticking to a budget or win the bid at all cost?
What you need to know before entering to bid to help you decide when to use auto-bidding and the no auto-bid option:
- Prepare a bidding plan. It includes your bidding budget, consisting of the amount of TCredits you’re going to spend, the number of times to participate in bidding and what items you’re going to bid.
- Go to TripleClicks Pricebender Auction and review the item’s bidding schedule. The time and which day of the week are important factors that can affect your chances of winning the bid.
- Familiarize yourself with the bidding features, which is associated with each bidding item. Knowing each feature will enlighten you to decide which auction item will increase your chances of winning.
- Pick an on-going auction and observe how it progresses. Make note of the number of participants and their responses during the bidding and the price of the item. Find out more info about the participants by clicking their usernames. You’ll going to know if there are heavy hitters among them. This will help you when to participate or not. Less expensive items may lead to less attraction of bidding participants and thereby increases the chances of winning. Observe the auction timer. If the counter almost reaches zero again and again before starting over, it could mean fewer bidders and higher chances of winning the bid.
- Review the bidding price history to determine the best time of the day that has fewest bidders. Generally lower winning price means less bidding participants.
Equipped with this information, you’ll be able to decide when to use the auto-bid and the no auto-bid options and increase your chances of winning the bid.
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As I read the answers to this question, there seems to be disagreement on bidding tips and strategies. Ask the following questions to put you on perspective and not lose track in your bidding strategy. What’s your objective when bidding? Are you sticking to a budget or win the bid at all cost?
What you need to know before entering to bid to help you decide when to use auto-bidding and the no auto-bid option:
- Prepare a bidding plan. It includes your bidding budget, consisting
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