Sunday, March 30, 2008

lowest unique bid strategy!!how to win your bid!!!

Can you imagine the possibilities that come with acquiring items lower than cost price? You can reap greater benefits if you discover the potential behind this. Besides keeping your prized item, you can opt to sell it at a higher price and indirectly earn a nice tidy sum for this. Otherwise, you are free to present your loved ones with the item you have just won. Imagine your girlfriend’s delight if you gave her a brand new N95 which you have won just by submitting the lowest unique bid.

what is lowest unique bid
-check http://www.mystarbid.com

The variation from the traditional style auction system is the auction result is awarded to the Lowest Unique Bid when the predetermined Required Number/time of Bids has been met and the auction is closed. THis is a quite new shopping style that very hot in australia, uk or state, and now we also have in singapore(tatarah), malaysia(astro, mystarbid.com, jia yu channel)

the strategy for the lowest unique . (tatarah.com, mystarbid.com-www.mystarbid.com , bid4prize.com)


You should use your skill and judgement to develop a winning strategy.
The variation from the traditional style auction system is the auction result is awarded to the Lowest Unique Bid when the predetermined Required Number/time of Bids has been met and the auction is closed. Each Bidder is required to pay an Administration Fee in order to place a Bid. This is best illustrated with the following example:

Apple iPod Shuffle 1 gig - Recommended Retail Price : $199
Required. No. of Bids : 200
Administration Fee : $2.75
At the end of the auction the lowest ten bids may look like this :
Bid 1: $0.01
Bid 2: $0.01
Bid 3: $0.02
Bid 4: $0.02
Bid 5: $0.02
Bid 6: $0.03 Lowest Unique Bid
Bid 7: $0.04
Bid 8: $0.04
Bid 9: $0.05 Unique, but not the lowest
Bid 10: $0.06
Bid No.6 is the Lowest Unique Bidder and is awarded the auction result and would have to pay only 3c. He/she has therefore purchased an article for $3c (Bid Amount) + $2.75 (Admin Fee) = $2.78 = 1.4% of the Retail Price ($199)!
The game is easy to play and success depends on you being able to outwit fellow bidders by using your skill and strategy to place the lowest unique bid!


Strategy

Try and predict where you think the auction will end and place bids around that price mark first..

Get your bids in early! If there is no single lowest unique bid then the winner is determined by the first person to place a bid.

75% of bids are made within the last 24 hours, make sure you have enough credits left to cancel out other bids!

1 some website will control it by time: www.mystarbid.com
bid as much as budget you can, actually if you wish to buy a n95 at rm1600, you can take about rm1200 as budget, and put it as bid , then you can cover all the possibilities and you will grab the items at highest percentages. Bid at the website just new launch. like tatarah,com, mystarbid.com. x5.com.au.

2 some website will control it by bidder: www.mystarbid.com
if 600 bidder - you must wait until 299 bidder then the other 301 , you bid it all to full. then the possibility for your win is 100%

10 comments:

Anonymous said...

ZapADeal is using the opposite approach, highest unique bid wins. Bidder should use the same skills & technique mentioned on this article. Also they have (1) bid to zero and (2) penny bid

Try it here www.allanphp.zapadealbiz.com

Shabbir Hazari said...

ZapADeal is also offering Lowest Unique Bid alongwith more Auction types, its great. have a look at www.rashidahazari.zapadealbiz.com

Gabrielle said...

here's another one that rocks!

Gabrielle said...

oops... I forgot to put it in the post... www.dubli.com/4376076

Snagoo said...

If you're looking to try out Lowest Unique Bid sites, try Snagoo - they have a "No Losers" policy, which means that at the end of every Lowest Unique Bid auction, you get ALL your paid bids back to use in the other auction types!

Check it out at www.Snagoo.com!

Nick Jordan said...

Yes, these auctions represent the new wave in ecommerce field, but the most powerful is www.uniquebidwin.com to my mind. They operate worldwide and the shipping is free also..

Nick Jordan said...

I guess I should leave a link, so http://www.uniquebidwin.com

Best Penny Auction said...

Nightcents is definitely an honest and reliable site, if you're just starting to use penny auctions this is the site i would suggest using. Its easy to use, there's less competition, and your chance of winning is pretty high.

Penny Auction said...
This comment has been removed by the author.
Lowest Unique Bid said...

Some of the deals for a Lowest Unique Bid.