Monday, August 23, 2010

BidCactus Review - How to bid low and win the auctions

I'll uncover the Secret, tested technique- How to Win Auctions on BidCactus.

For those who do not know, BidCactus is an online "penny auction" internet site. There are a lot of these penny auction sites around, such as Swoopo and Madbid, but BidCactus is the only one licensed by the Better Business Bureau as being fair. BidCactus is a Connecticut business and not run out of the United Kingdom or who-knows-where like the others. Also, with BidCactus you really hear about real people winning prizes (I know someone who won a Nintendo DSi package for $85).

Firstly, set up an account with BidCactus- Click Here

Winning auctions on BidCactus is a bit unlike than Ebay. You've to buy bids packs in order to bid on an item. You are able to buy bid packs in amounts of 30, 50, 100, 250, or 500. Bids cost $.75 each, but this is where the secret technique begins...

Start off with the bidpack of 50 bids. While other bidders are trying to win 42" LCDs or laptops, you should be bidding on bigger bidpacks (yes, you are able to win bidpacks in the auctions). Here is a winner from today:

75 Bids
08/17 06:11 PM $0.50
Cal4

So, this person won 75 bids for $0.50- that's less than $.10 a bid!

Now you'll be armed with 75 bids to easily outlast your competition and win auctions on BidCactus. You may even would like to win a lot of bid packs before going after your prized item.

Once an auction begins, appear bidding to allow people know you're serious. Then space out your bidding and let other people waste their bids. Preserve most of your bids for the closing of the auction. But the question is "when is the closing?". Everytime someone places a bid the timer increases by 20 - 30 seconds and the price increases $.10. Just stay concentrated on winning this item by making last second bids. When people reallize that you aren't leaving, they will feel like they are wasting their bids. You'll see the other bidders begin to dissappear till you're the final one left. If you have ever won money on a slot machine, you will get the same feeling when you see "Winner" flashing on your computer display.

Here are a few more tips for winning auctions on BidCactus:

* There'sA bit known "Night Owl" promotion where you save 5% on buying bid packs between 2AM and 7AM Eastern Standard Time. The reason for this advancement is because they do not have very much traffic at this time... which is precisely why this is the better time to do your bidding!
* Just bid on one item at once- stay concentrated on that item!
* Picked out your item with wisdom because you can only win 1 time per twenty-four hours and only two times per thirty days.
* At last you are able to win your 42" LCD for $1 or for $100, just stick with this technique and you'll win!



Now Let's Go Win Auctions on BidCactus!

Sunday, August 22, 2010

Top Penny Auction Websites

Internet business is roaring business industry nowadays. Here consumers have charming items at extra ordinary low price.
This Penny auction and online auction has become as popular as the lotto games. This auction got popular just 4 years back and still the craze of people. Penny auction and online auction present all items in auction with a lower limit price and instigate people to bid for it.
There are other online auctions those who are gaining popularity. It's inevitable that when there are a lot of players in the same game then competition gets tough and the prices are came down, which a boon to the consumers.
Bidfather.com is based online auction company and offers people items that are deserving their money. Penny auctions and online auction have taken the business to it is apex. Many bidders participate in this auction process. The system is a base price is fixed and bidders improve on the prices and finally when the time expires only the highest bidder gets the claim. The bidding process is the bidder increases the price by one cent over the previous bid price. However, it is pertinent to pick out a honest site for bidding. Because of the growing popularity of online auction, a lot of fake websites have come up.
It's necessary to enquire your friends who are using such as sites for bidding in auctions, or do inquiry over the website by reading their certificate from the reviews or blogs. The auction sites are luring as the price is most down by 99% then the price you pay for the item in departmental store. The items are of quality and durable stuff. But one has to understand the economics of the process. For instance, a bid begins at 50 cents and if there are 1000 bidders then the overall fee collected is $500. From these bids, the provider takes certain part of the money thereby collecting $520 for the item costing just $200.
Therefore, the income it earns from the bidding process is $320. Bidders are advised not to place a lot of bids on a single item or else they may not earn the item thereby losing a strong amount as provider fees.
Measured bidding is the crucial part of this business. It needs experience and you've to stay agile on the bidding process. When you register for bidding, you're welcome to try your luck in their bidding process.

Friday, August 20, 2010

BidCactus - An Introduction

Launched in April 2009, Bidcactus is a new type of web-based auction experience that combines the thrill of real world entertainment with the efficiency and value of online shopping.

Bidcactus was born out of a desire to provide you, the online community, with a fresh approach to "auction entertainment." Because we are digital, we are able to quickly adapt to the rapidly developing product universe in a way that is virtually impossible for land based companies. In this way Bidcactus can provide its customers with access to the latest, cutting-edge product lines offered within the digital and electronics communities.