1, Watch and Learn – The first and most important bidding tip for having the best Craybid experience is to take the time to watch and learn how the auctions work. Be sure to read the FAQ and visit the how does it work page on Craybid.com before jumping into the auctions. Once you have a solid understanding of the bidding process and various Craybid features, it’s advised to take the time to participate in a few auctions as a bystander only. Watch the auctions and see how they play out. Some people even keep a notepad or excel sheet to track bidders and what type of bidding strategies they are using or what auctions they recently won. Visiting the winners page is useful to see what just sold and for how much it sold for.
2, Use the Auto-bid Feature – Wait! What is the Auto-bid? You should know this by now if you have taken the time to read the FAQ and may even be able to spot bidders using their Auto-bid. The Auto-bid is your automated bidding tool. This comes in very handy because when you book bids in your Auto-bid, you don’t have to sit at your computer and press the Bid Button over and over again every time you want to place a bid. The Auto-bid also removes the risk of placing your bid too late and having the system not recognize the bid causing the auction to sell right in front of you to the other bidder. The Auto-bid will place your bids during the last few seconds of the auction clock automatically. Auctions can not end when more than one person has bids booked in their Auto-bid. If multiple bidders have bids on their Auto-bid, they will take turns placing bids until all but one run out of bids. This is why you may notice the same few people placing their bids in a rotating order. Example: BidderA, BidderB, BidderC, BidderA, BidderB, BidderC, BidderA, BidderB…. you get the idea.
A secret tip: the high majority of all auctions sold are won with the Auto-bid!
3, Buy it Now if you don’t win – Craybid is much more than just an auction site, it’s a retail shopping store and you will find some of the newest & coolest items on Craybid.com that you might find in other retail stores – with comparable and competitive prices! It’s one of the main reasons people come to Craybid to shop for their families and friends. Why? Because the Buy it Now prices are fair, Craybid makes shopping more fun, plus shopping here gives you the chance to get a really really good deal. There are over 1,000 auction winners every month with thousands of examples of amazing deals. Remember the winners page..? Yes, just check that out and see what recently sold. Other auction sites are set up in a way that if you don’t win the auction, you’re out of luck and walk away empty handed with nothing to show for it. This is one aspect which makes Craybid different. It’s obvious that there is only one winner to each auction listed. So, what happens to all the people that did not win the auction? The Buy it Now happens! People that don’t win the auction have a full 7 days (not 1 or 2 hours like other sites – if they even have a Buy Now option) to decide if they want to buy the same item they were bidding on at regular retail price. In doing so, they’ll get back all the bids used in that auction. So what does this all really mean and what is the BIG takeaway? Bid on items you want and/or need. If you don’t win it, Buy it Now and get your bids back to try for something else. Remember… Craybid is a retail shopping site. Use these tips and take away the gamble but keep the thrill!