Profitable Business Ideas

Strategies To Win Pricebenders Penny Auctions At Least Cost : Multiple Times Winner Reveals

By Dele Ojewumi http://www.homebiz-supermarket.com

All rights reserved. You are not allowed to distribute as free content, with or without all links intact. You do not have FREE giveaway rights! You may not distribute this digital report as a free gift, post it on your website or include it as part of a package.

Table of Contents
1. What qualifies me to write this report?...................Page 3 - 4 2. Objective of this reportPage 5 - 6

3. Benefits derivable from winning Pricebenders Auctions..Page 7 - 8 4. Winning StrategiesPage 9 - 15

Before Auction StartsPage 9 - 11 During Auction.Page 12 - 15

What qualifies me to write this report?

You may wonder what makes me qualified to write this report. Well, you may not know but i am a multiple times winner of Tripleclicks Pricebenders auctions.

It is not just the number of times that one wins auctions that matters, as some win most inefficiently(at high cost) while some participate so frequently that a number of wins does not reflect efficiency either.

I can assure you that I have won in at least 80% of the auctions I have taken part in and at relatively low cost.

For some of my winnings, you can take a peek here

==> New Penny Auctions : Pricebenders Making Waves

and

==> Win Penny Auctions

You also want to know my pedigree?

My Profile

Objective of this report This report aims at helping you win Pricebenders auctions at the least possible cost and not merely winning at any cost. Winning at any cost is just foolish to say the least as exemplified by the Strong Future International (SFI) forum post quoted below: "Foolish bidding! A Price benders auction just ran for 250 credits. Note: this was NOT a (WBF) Winner bids free auction. As a test and a sample of smart bidding, or unsmart as you may read this. I put 1000 TCredits up for bid on auto bid. I just wanted to see how many credits would be spent on this auction. A few of you posted many hundred bids to try to take me down. So, how many credits would you spend to win 250 credits. 50, 100, 250 and then pay for them? Yes, this auction was idiotic. Many of you spent many credits for a chance for the 250 credits. JT you made a galiant effort. And several times I thought about backing down and giving you the win. But then I felt foolishness would not be served if they were joyed on the win. Folks, you all need to bid smart. Know when to back out and come back another day..

For the record, I spent 837 credits on that auction, just to win 150 credits. Then have to pay $23+ dollars for them. JT, you spent a ton and I know the feeling of Oh, I am going to take him down Folks, have fun with the PriceBenders Auction. Have fun, but bid SMART. This is NOT a Vandeta. But a chance to win cool prizes at a 90% discount on price."

Benefits derivable Auctions

from

winning

Pricebenders

The problem most marketers face with affiliate opportunities and more so network marketing companies, is the inability or difficulty in raising downlines. Where some downline is raised, most turn out inactive and it stands to reason that only raising a significant number of downlines will achieve the objective such that if even a sizeable number don't perform, the little percentage that does perform will more than compensate for the inaction of others. Meanwhile, most relatively new marketers do not possess the skill nor experience to sponsor affiliates. This is one area where Strong Future International (SFI)'s Pricebenders penny auctions comes in quite handy. Strong Future International (SFI)'s Pricebenders penny auction is one very productive way of amassing these downline whether in the form of Personally Sponsored Affiliates (PSA's) indirectly through S-Builder Co-op shares or Co-Sponsored Affiliates (CSA's) or both. Though the ability to raise a significant number of downline is one major benefit of Pricebenders penny auctions, it could also be used to buy brand new products at bargain prices. Brand New Products For Pennies

Let's read what was stated in SFI NEWS of Thursday, May 12, 2011 "Speaking of winning, check out these statistics from our April auctions: - 175 auctions ended at less than $2.00 - 142 auctions ended at less than $1.50 - 115 auctions ended at less than $1.00 - 73 auctions ended at less than $.50 - 41 auctions ended at less than $.25

And so far in just 11 days in May, we've had 33 auctions end for less than 30 cents. Yes, Pricebenders is producing a TON of incredible bargains for SFI affiliates and TC members! We hope you'll come try it out.

And in case you need any more reason to try out Pricebenders, here's a testimonial we just received:

{I've added over 2,000 CSAs to my team for $9.86 through the auctions. Purchased 6 S-Builder co-op units for less than 8 cents a share. Won over $6,000.00 worth of TCredits if purchased individually from the PTP contest.}"
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Winning Strategies Winning penny auction bids is not just luck. A lot has to do with careful planning and research before the auction starts as well as adhering to pre-planned rules and procedures during the auction.

Let us now consider these strategies.

Before Auction Starts 1. Before any auction starts, review the list of latest winners

==> Pricebenders - Latest Winners

You should identify the particular item you want to bid for and check the following, over as long a period backwards, as you possibly can. Two(2) weeks to One(1) month will do: a) What is the minimum, maximum and rough average price at which this item was won ? Knowing this will aid you in determining a possible point of entry into the bid as you should try and go into the bid fully, as close as possible to finishing to minimize the
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number of tcredits you utilize and thereby your overall cost.

b) Can you notice any trend as to whether the winning price was consistently lowest at any particular time of the day, or days of the week? Do not forget to account for timing differences depending on the part of the world that you are located. Knowing this will aid you in determining the time of the day and/or the days of the week when it is advisable for you to bid. It will indicate to you (generally speaking) what time of the day and/or days of the week has the lowest number of bidders as generally speaking, the more bidders, the higher the closing price is likely to be.

c) Multiple times winners for the particular item you want to bid on or indeed for any other item This is crucial for you to be able to identify experts should try to avoid for the time being. When you them on a bid, opt to wait for the next bid. Imagine saw my name on the latest winners bid and i feature bid you are participating in, it is likely that given experience, i will defeat you in that auction, so you see you in a my you

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should try to avoid wasting your credits until you become skilled enough to take on any expert.

2. Stock up at least 200 tcredits and if possible 400-500 tcredits. if you can afford to go higher than this, good enough, as it further assures your chance of success. This will prevent you from running out of stock of tcredits and so serve as a fall back should the going get tougher than expected. You should buy in lots of 200 tcredits as much as possible to get the cheapest possible price per unit of tcredit. This is because 200 lots is the largest size currently available.

3. Get ready to appear promptly at start-off, as some good bargains occasionally occur when most bidders may not yet have arrived and a win at a considerable bargain can arise. You should however only be on the alert to seize any opportunity at this time and not to start fully partaking in the auction at this stage.

4. If you have never won any Pricebenders auction before, you should first opt to participate in the 1st Win Auctions, where your chances of winning is obviously higher and where you can also more or less hone up your skills.==> 1st Win Auctions
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During Auctions

1. Be watchful to intervene with only 1 tcredit at a time should you see that the timer is approaching 4 seconds and no one seems to be intervening, to prevent the current highest bidder from running away with a win. Be conscious not to wait longer than 4 seconds before intervening as connectivity issues, computer crashes, latency (network delays), and other factors may interfere with your bid. If however, you notice anyone else still intervening before this time frame, just keep watching.

2. Generally speaking, the more the number of bidders and the more intense the rivalry, the more you will see interventions before the timer reaches about 5 seconds. Should this occur, just keep watching. Do not intervene at that stage.

3. Do not ever participate in a bidding war with other bidders. Just sit back and let others battle and use their TCredits trying to out-bid each other.

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4. If you occasionally intervene with 1 tcredit at a time, as advised above, during times that you see the timer approaching 4 seconds and you notice via the bid log that many others also intervene about the same time or soon after, it is an indication that there are still many bidders lurking around. Just lurk around, save your tcredits and leave them to continue doing the bidding.

5. You should be on guard and ready to jump into the bidding and participate fully when the average price you earlier researched before commencement of bidding (via latest winners) is attained. Note my words however "on guard and ready". I did not say you should actually jump in. I just meant you should be on "red alert". To jump in fully, you must notice a dwindling in the number of participants in the bidding. Remember that some may be lurking around, also waiting for the opportuned time. How do you ascertain this? This takes us to the next strategy.

6. With this strategy, you have to take a gamble to try and discover whether there are still lurkers around. As the bidding gets advanced, those who engage in bidding wars may already have exhausted their "arsenal" and one or more of them eliminated and/or only the current highest bidder now "comfortably" in the saddle.
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You will now notice that the timer may frequently approach 5 seconds, similar to when bidding was just commencing, with interventions at this point. You should refrain from intervening even when timer approaches 4 seconds and you will observe one or more others intervening. The more the number intervening which you can see via the bid log, the higher the number of bidders still lurking around. Leave them and keep watching until you have one or at most two doing this occasional intervention at 5 seconds of timer. Do this testing at least twice to be fully convinced there are no lurkers before you intervene.

7. Number 6 above is the real determinant of the time you should actually jump in to bid fully and it is further reinforced if number 5 equally occurs at about the same time. Note however that it is possible for Number 5 not to be attained at all during the auction before Number 6 manifests. That is why I stated that Number 6 above is the real determinant of the time you should actually jump in to start consistent bidding. However, when you initially jump into the bid, do this manually with 1 tcredit at a time even though now more consistently. This gives you time to assess whether some lurkers will still jump in. If they do, withdraw again and

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you have to re-test later again using number 6 until you now have least resistance.

8. When you see number 7 fully complied with, set your auto-bidder with as nearly as many tcredits as you have and within a range just above the current bidding price to a range definitely higher than required for you to fully exhaust your tcredits. You are now set to watch till you win the bidding.

9. Once you jump fully into the bidding using autobidder, which presupposes you have done all the testing required under number 7, and you still meet an opposition, do not panic and withdraw as he may likely not have as much tcredits as you have, since he may not have previously applied a cautious strategy as you have. Also, given that he cannot determine just how much tcredits you have, once you show consistency for some time, he may likely withdraw as he may reason that he should just not waste his tcredits should you be heavily loaded.

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To Your Success!
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All rights reserved. You are not allowed to distribute as free content, with or without all links intact. You do not have FREE giveaway rights! You may not distribute this digital report as a free gift, post it on your website or include it as part of a package

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