by Tim Ryan
A few months ago, we'd a new penny auction bidder emailed us showing her own annoyances. She had already paid around $100 on a penny auction web site with absolutely nothing to show for it.
Penny auctions can be difficult and also irritating, especially at the beginning. The Penny Auction Listing is designed to support completely new bidders avoid frequent penny auction mistakes.
This post tackles one of the usual penny auction bidder mistakes - inadequate basic research.
Penny auction success is directly related to research. A lot of completely new penny auction bidders head straight into auctions thoughtlessly. Their attempts normally end in frustration.
If you are a new penny auction bidder and also like to be successful, you must do your research to begin with. This means that you need to wisely study a penny auction online site in which you are interested just before bidding. Research isn't just glancing over a site for a couple mins. Just as hurtful as it can seem, we persuade new bidders to monitor a website for a few days right before jumping in with both feet.
There're three questions that will assist your penny auction research:
1. Who are the power bidders?
Figure out just who is the winner, and exactly how frequent. Get away from power bidders except if you have a pile of cash to spend.
2. What penny auction items seem to be getting the most interest?
Avoid very busy auctions. Start with focusing on smaller auctions like low value giftcards, DVDs, etc. The phrase risk=reward is usually true for penny auctions also.
3. When is the bidding on the site most active?
Lunchtime, evenings, and weekends tend to be the most hectic bidding times. Concentrate on low-traffic hours of the day and make an effort succeeding those auctions, even when the things are less desirable.
So the lesson is to do not ever take too lightly the power of research. Some of the most good penny auction bidders always research auctions before bidding.
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New Unique Article!
Title: How to Prevent Penny Auction Problems
Author: Tim Ryan
Email: info@salesmanagementmastery.com
Keywords: penny auction reviews,penny auctions,penny auction,online auctions,auctions reviews,shopping online,online shopping,shopping,gambling,society,lifestyle,internet,business,leisure,fun
Word Count: 333
Category: Hobbies
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