Wednesday, April 17, 2013

Why High Value Items Are Not Always The Best Target On Unique Bid Sites

You might just be after one product, but there are thousands of places that you could purchase from. A local store, high street store, commerce store, or one of the many bidding sites that are on the internet; they are all options. Here is the thing, more and more people are realising that the best option for them is to head for lowest unique bid websites. Why? Simply because the prices here can not be matched anywhere else in the world! In fact, even fake exports from various places end up being much more expensive.

Why are these items so cheap?
It is easy to explain; people do not generally understand how these sites work. Well, the minority do and they are taking advantage of everything they know. That being said, the majority of people are still focusing on commerce stores and what we know as the main stream auction sites. They continue to pay over the odds for MP4 players, scooters, GPS systems and more!

Why are high value items off the agenda?
When you first log onto one of the unique bidding sites, you might find that you are pushed towards the high value items. That is only natural as these items are more desirable. You will be seeing TV sets go for 0.5% of their retail price and MP4 players going for less than 1% of their retail price. The problem is that bidding on these websites is probably not as simple as you might imagine. The harsh reality is that these websites are full of people that actually know what they are doing. They have experience when it comes to bidding on these websites and therefore, they are much more likely to win these items than you are as a newbie.

So, should these websites be avoided?
No, of course not! Every single month, 100s of different items will be listed. Some items are extremely low in value, whereas others are extremely high in value. The good thing is that most of the experienced bidders will be aiming for the big prizes. This means that the lower value items are up for grabs, and a great chance for beginners to start. This is your chance to get a great deal on a huge range of products. Of course, you need to take your time and don't rush. If you rush, you could end up losing money and nobody wants to do that.

How can you lose money?
On unique bidding sites, you pay for each bid that you make. Essentially, if you want to be successful, it's best to devise a strategy. Of course, the only way you can make a proven strategy is by testing it out. This means that there is likelihood that you will lose some cash over a short space of time. Of course, this will be offset by the fact that eventually you will start winning items on a regular basis at a huge reduction in comparison to their actual retail prices. If you think you have come across a piece of information that can help your strategy, then write it down and make sure you use it in the future.


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If you want more unique bid auction information take a look at the BidGrid website. Their how it works page does a great job of explaining everything in more detail. You can also bid for free in their practice auctions which is the best way to understand the lowest unique bid principles https://www.bidgrid.co.uk/en/how_it_works.html


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