Should I promote participation in Pricebenders to my team? If so, for what reason(s)?

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4476 votes
Sunildatt Limaye, Aff (India) Top Author Forum Guru 5/1/2015 7:18 pm
Affiliate since: 07/05/2024, Power Rank: 99999999 | Read Sunildatt's 150 other Ask SC answers
Hello Bob,

Pricebenders is supposed to be the top most tool for all affiliate to earn commissions by referring NON SFI members to Pricebenders auctions.

Yes you can promote it to your team to build their business as more they participate in Pricebenders auctions more PSAs they can earn. For every 10 bids one gets chance to earn at least one PSA.

Other reason can be , to get Action VPs by bidding on PB auctions so that they can maintain EA or leadership level.

Another
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4421 votes
Ben Roos, Aff (South Africa) Top Author Forum Guru 5/2/2015 1:12 am
Affiliate since: 08/30/2014, Power Rank: 99999999 | Read Ben's 16 other Ask SC answers
Hi Bob

You should definitely promote participation to your team in Pricebenders for the following reasons:

- They can get items to build their business at a very good price i.e PSA's and T-credits
- Its huge fun to participate
- They put money into the executive pool
- They earn MRP with witch they can buy things with on TC
- You earn matching vp
- They learn new strategies
- They can win electronic goods etc at a fraction of the price which they
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4409 votes
Robertson Dsilva, Aff (Singapore) Top Author Forum Guru 5/3/2015 7:02 am
Affiliate since: 05/05/2004, Power Rank: 219 | Read Robertson's 212 other Ask SC answers
Pricebenders should be promoted to your team because great benefits can be obtained by participating in the auctions. Such benefits include:

KNOWLEDGE

Team members need to get a grasp of PB auctions. They can only gain the knowledge by participating in the auctions. This knowledge will come in handy when they are promoting PB gateways or signing up PRMs who may need clarification.

TEAM BUILDING

One huge benefit Pricebenders is that it helps to build your
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4404 votes
Nimo Ponifasio, Aff (New Zealand) Top Author Forum Guru 5/4/2015 4:52 pm
Affiliate since: 10/01/2013, Power Rank: 99999999 | Read Nimo's 381 other Ask SC answers
The answer to your 1st question is Yes – promote Pricebender Auctions to your team.

The reason why they should take part in the Auctions are because of the many benefits they can get by participating:
- Auction is fun, and the thrill of winning an auction can be quite exhilarating.
- There is a whole range of items on auction – business and non business related and they can have their pick.
- A lot of the items for auctions are very useful for building their businesses.
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4387 votes
, () Top Author Forum Guru 5/1/2015 8:27 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
You should not only promote Pricebenders to your team but you should promote all aspects of SFI in a weekly newsletter. However I digress.

Explain to your team that Pricebenders is a very valuable way of building your business. For every bid you make in the auction it adds 1 Action VP to your count. If you want to progress to Bronze Team Leader for example, you need 1000 action Vp as well as sales VP. Participating in the auctions will add to your count. It can also
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4380 votes
Rob Simpson, Aff (Texas, US) Top Author Forum Guru 5/2/2015 9:29 am
Affiliate since: 01/23/2015, Power Rank: 99999999 | Read Rob's 36 other Ask SC answers

Hi Bob,

Yes, I believe you should. Pricebender's is a great penny auction and I use it to help myself in several ways - and believe you and your team could use the same:

- Definitely make at least one bid per day, because now, with the new red tab SFI has given for PB, you can earn TWO AVP for just one T-Credit spent on your first bid for the day. Done each day, this is another 30VP bonus...

- Also, if you make 3 or 4 bids and try to time them around the flash
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4378 votes
Harshita Meghji, Aff (Kenya) Top Author Forum Guru 5/2/2015 5:52 am
Affiliate since: 11/25/2013, Power Rank: 99999999 | Read Harshita's 64 other Ask SC answers
Hello,

Yes definitely you should encourage your team to participate in pricebenders. There are many reasons and benefits:-

# 1. As you are bidding you have a chance to win attractive auctions eg t credits, electronics, laptops, PSAs , CSAs, gift cards, and many many more

#2. Even if by chance you were not able to win any auction still for each bid you earn Action VP ( per month you can earn max of 500 VP)

#3. On each bid you earn VP plus 5 mrps and in
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4367 votes
Dzul Latif, Aff (Singapore) Top Author Forum Guru 5/1/2015 10:59 pm
Affiliate since: 06/06/2014, Power Rank: 99999999 | Read Dzul's 193 other Ask SC answers
Team Participation into PriceBender is good.

Here's a simple breakdown, how it will benefits the whole network..
(As per outlay in SFI Basics)

1) Collect as much versapoints;
By participate into PB, each TCredit that we spend are exchange with avp (Action VP). As avp is an important element to grow our versapoints, hence, with PriceBender, we are allowed a 500 extra vps to score.

2) Generate Sales;
In order to join in the auction in PriceBender, we
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4365 votes
Maria Derly Siyambio, Aff (United Arab Emirates) Top Author Forum Guru 5/3/2015 2:15 pm
Affiliate since: 04/10/2014, Power Rank: 99999999 | Read Maria Derly's 31 other Ask SC answers
Hi Bob,

My reply to your question is definitely a Sweet Yes:) for the following reasons which I consider:-

1. Certainly, its fun! Why? we all know that Pricebenders™ Auctions deliver brand new (and, occasionally, refurbished), brand name merchandise, gift cards, and more at prices that are really far below typical retail. In fact, prices start at just $.01 (yes, just one cent!). With each bid received, the price increases by just one cent. The final bidder may then buy the
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4354 votes
, () Top Author Forum Guru 5/2/2015 3:11 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Thanks for this question.

What is Pricebenders Auction?

1. Its a Trade Mark of TripleClicks.
2. Pricebenders Auctions deliver brand new (and, occasionally, refurbished), brand name merchandise, gift cards, and more;
3. The prices will be far below typical retail.
4. Prices start at just $.01,;
5. With each bid received, the price increases by just one cent.
6. The final bidders on these penny auctions may then buy the items for the ending price (usually
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