Bidding and winning on Beezid can get a little tricky and many factors can contribute to your success. The time of day is very important and plays a pivotal role in adding to your strategy. Because humans function on a similar internal body time clock we all tend to do similar things. How many of you guys have facebook?….Exactly. Chances are you do. Why? Because your friends do. Unfortunately we tend to travel in herds, that’s just human nature, however this can be a good and a bad when it relates to penny auction strategy.
Herds are usually bad when it comes to Penny Auctions, my opinion is the less competition I have the higher my chances are of winning. Makes sense right? So now you ask yourself, when is there less competition? No different than the roads in your neighborhood, the internet acts much in the same way. So the best times to bid would be early in the morning, late in the evening, and at night while everyone’s sleeping. Lunch is also a good time because as they’re stuffing their faces with food, you’re winning their auction.
OK so you registered at Beezid and you purchased some bids. It’s a good idea to start with an intro bid package and I believe theirs is $23 dollars, keep in mind this price sometimes changes because they’re running promotions on a constant basis. This is the reason why they don’t list the cost of their bid packs. In order to view that you have to register. Registration is a pretty simple process, fill out your information but make sure it’s accurate this is important because they’re going to need a current address to ship to just incase you win. Click HERE to Register if you haven’t done so yet.
First thing that a beginner has to do is to familiarize themselves with the site and how things work, this shouldn’t take too long and the concept isn’t too difficult. Keep in mind they have a variety of different auction types and they work a bit differently.
Their most popular is the traditional Penny Auction that everyone is familiar with during which when a bid is placed the price goes up by a penny. The other ones you’ll probably encounter are;
Thriller Auction - No Autobeezid allowed (more on Autobeezid below)
Cherry Auctions- The only Auctions that Free bids can be applied to.
and
Reveal Auctions - where a user spends a bid to reveal a price, if the price is right, you can purchase the item. Discounts off retail range anywhere from 10-40% off.
Once you got some bids under your belt, this when the important strategic component comes into play. The key here is to get on an auction that has the least amount of competition. There are two ways to go about this and the most common and cheapest way is to study the bidding history and make a list of bidders at a columns length. Then start hash counting the bids placed, remember this is important if you want to minimize bids placed. This is a great way to determine how hot the auction is. Let me explain;
The most common bid pack purchased is 50 bids. Once the bidders have placed close to 50 bids, some space opens up for a strategic take over. This is important because as they’re running out of bids, you’re set and ready to go. The only thing to do now is attack.
The second method of keeping an eye out on your competition is probably the most efficient way. Not only is it efficient but it is the best possible option if you’re serous about winning any auction. Look if you have a strategy that works and you’re winning by all means keep doing what you do and win those auctions! But if you’re like most and need a little help then Beezid Pro Analytics does what a pen and paper can’t do.
Although the tool isn’t free, it’s definitely well worth the price. Here’s how it works;
Jason Cooper the man behind this analytics tool has created a world where every single auction that beezid ever hold gets logged in his system. Now what’s great is that the Beezid Pro system is actively monitoring all bidders at all hours of the day. So it dosn’t matter what time of the day you decide to use the tool, the information always stays up to date and fresh for you to implement your attack.
The tool really does help in terms of providing you with a wealth of information on your auction of choice. Remember if the auction is saturated, move on to the next and always keep the time of day in mind.
Read more about Beezid Pro and how it can improve your game, at their Official Site.
I hope this helps your game, we are all here to do one thing and that is win to save money.
If you have any tips please don’t hesitate and share below by posting a comment!
P.S. If you register at Beezid, you do get some free bids. 10 to be exact. Good Luck guys!
{ 2 comments… read them below or add one }
So I have spent over a $100 dollars in bids, but never win! I have tried every trick you list, I am getting so fed up, and feel like it is impossible!
Danielle, how long have you been using beezid? and how much did you invest in a bidpack? one thing you have to remember is that nothing is impossible. This is true in any scenario. If you continue to push through the barriers, we have no doubt you will be successful.