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Participating in an Auction gives you a chance to get your favorite product at lesser price. You need to learn the auction process before participating in any auction. Here are some tips.
If you are new to online auctions, observe live auctions for some days to understand how other people are bidding and winning.
Read How It Works, FAQs, Terms and Conditions to understand how bidding process works.
For initial participation, use free points that you get on registration. You can still win with free points.
Start participating in lower value products which requires less credits to place bids.
Keep enough credits balance before auction goes live. Buy additional points.
Keep high-speed internet connection to ensure uninterrupted service.
Wait and watch if too many users are bidding, Bid when competition level decreases.
The last 30 seconds are crucial. You must be quick to outbid others. When you get outbid you place your bid as fast as you can
Keep an eye on FLASH OFFERS. There are multiple instances where for flash offers during an Auctions. The more you bid, higher the discount offer (upto 99%) you get.
Not confident? Never Mind. You can still buy your favorite item from BEST OFFERS section directly
ID : Auction ID of the product listing.
PER BID : Number of Points required for single bid.
YOUR BIDS : Number of Bids you have placed so far. This is just to help you keep track while participating in multiple auctions at a time.
MAXBID PRICE : Auction ends at this price irrespective of remaining time. If the current bid amount reaches this price, the counter restarts at 00:00:30 until a new bid is received. The last bidder at 00:00:00 wins the auction.
OFFER PRICE : The discounted price (which is lesser than the normal listing) the product is available for for QuickBuy.
CURRENT BID : The ongoing Auction Price
QUICK BUY : This option allows you to quickly buy the item during the auction at lesser value than the normal listing price
BID NOW : Click to register your bid and the corresponding points get reduced from your account.
FLASH OFFER : Surprise lowest offers get flashed at different intervals and the flash offer price keeps reducing (upto 99% discount) as the Auction progresses.