Testing on how you commit to your bids in Swoopo is very hard. This is one major issue that Swoopo pros and beginners both struggle with. Knowing when to give up on an auction and save your bids vs. when you should double down and go for the win is tough to deal with.
The next question is how much you should be willing to invest in any one auction in Swoopo. For reference, here are three basic principles that will guide your bidding and help you decide later on.
Commit to a Bid Limit
On the first one, know the bid limit as you start bidding. Remember to set a limit to the number of bids you're willing to spend and stick on that. For example, if 10% is your figure to stop on the bids, then note it and do not go over. Unless you are a seasoned pro who's confident enough to invest 15% or even 20% of the total price in bids, that's good to go, as long as you stick to it.
You can use the "Swoop in Now" feature as an assurance in case you invest a large amount of bids and lose that auction.
Commit to a Final Price Limit
Just as it's important to set a bid limit, also know your final product price limit. For example, if you're bidding on a video game with a final price of $50, you should decide at what price it's no longer worth bidding on. Let say we stop at $40. That depends on the item.
It's up to you how badly you want to win vs. how much you'd like to save. The need versus the want I guess. Make the decision in advance and then commit to that final price limit. It helps.
Commit to Buying Enough Bids to Win
The last is committing on enough bids to win. Be ready and prepare in spending up to 10-15% of the auction price. In fact, this principle alone is one reason a few top Swoopo bidders can win time and time again. It’s just about the willingness to invest the amount of bids necessary to win!
All Right I’m Ready, What Else
If you’re good to go, join over 400 other Swoopo bidders who've purchased the Swoopo Manual. Get to learn the techniques and "sneaky tricks", and also the best time to bid on Swoopo used by top Swoopo pros to win big.
Wednesday, June 23, 2010
Committing to Swoopo Auctions
Posted by Swoopers at 7:39 AM
Labels: Best Time for Swoopo, Best time to Bid on Swoopo, Bid on Swoopo, win in swoopo
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