Strategies to Win Shopping Auctions

An entertainment shopping auction is an online bidding which charges it's users per bid they make. Since people are paying for each bid, the item usually sells for a very low percentage of its actual value. The problem is that sometimes bidders will spend almost as much, if not more money trying to win auctions with no luck. Keeping in mind this issue, here are some suggestions for the bidders.

Track past auctions for the same item

In a spreadsheet, keep track of each item and what end price, and time of day it ended. You can then calculate the average price the auction usually gets for a particular product.

Get as many free bids as you can

Do this by referring friends and by using free bidding websites. Most Entertainment shopping sites have lucrative referral programs. It's a lot easier to bid with a clear head knowing you did not have to pay for the bids, then if you are stressing over how much money you are possibly throwing away bidding on each item.

Have a set number of bids you are willing to use for each particular auction.

If you exceed this number, then move on to the next online auction. This will prevent you from getting too caught up in the moment, and possibly spending way too much trying to win an individual number.

You are never guaranteed a sure strategy to win at these Entertainment shopping auctions, however you can increase your odds greatly if you follow those tips strictly.