PriceBenders Strategy
Quote of the Day
"We have forty million reasons for failure, but not a single excuse."
-Rudyard Kipling
Copyright © Cecil Miles, Your Network Marketing Guide
Pricebenders Auctions @ TripleClicks.com
Please search our archives for many more home based business building tips (link in right column). This Blog carries the full set of Stone Evans' Articles, the home biz guy.
In this article I discuss what I do with PriceBenders auctions. This in no way implies that this is the best method or the only way you can capitalize on winning these auctions. It has worked in the past and seems to continue to work with the new format we now have with PriceBenders. I don't change our guessing price every auction, it stays the same because you never know what the end price will be. Sooner or later it will come close to my guess.
Building my T-Credit bank is my primary objective. Our standing order at TripleClicks is for 125 T-Credits each month. Setting up the standing order helps build our base for less than $40 a month and gives us Executive Affiliate status in SFI. There are many benefits because of this. Today we will focus on the benefits of my strategy and how I plan to succeed.
PriceBenders Auctions are exciting but if you let your emotions take control you will lose a lot of t-credits and a lot of money. We are tempted every day to enter auctions but entering an auction with less then 500 T-Credits is dangerous and not considering what those T-Credits cost you can be expensive. We see many auctions won for less than 1.00, perhaps less than 50 bids for the winner. The problem is when you enter the bid the dynamics change and if you are not aware of who you are bidding against or the nature of the items being bid for, the time of day, or time of week or month; you will have no idea what to do or how to play.
Playing Pick-the-Price helps give you a feel for what is happening on the floor of PriceBenders. You get to know who the winners are. Just as important is watching a complete auction. We take extensive notes, who is bidding, what time they usually play, what type of auction it is, etc. our spread sheet of won auctions covers more than 1500 auctions and lets us sort according to Name, Item, Time or Day, winning Price. We calculate averages and look for anomalies, similarities and patterns. One thing is always true, the game is always changing. We are serious about building PriceBenders into our business model, it is not a hobby but we plan to play to win.
We are promoting the auctions to new people everyday. Every new member that joins us we increase our revenue to reinvest in PriceBenders and SFI. Because this is such an important aspect of our strategy we offer as much support as possible to new comers; gift certificates and t-credits are available to our active affiliate team members. We also will send a free copy of our notes on auctions and our sortable spread sheet. Duplication is very important and we want others to share in our success.
PriceBenders opens a lot of doors. Besides being a lot of fun it is a path to unlimited wealth. Buying and selling items at TripleClicks is a small part of our long term wealth building strategy. We welcome and support all of you.
Pricebenders Auctions @ TripleClicks.com
Please search our archives for many more home based business building tips (link in right column). This Blog carries the full set of Stone Evans' Articles, the home biz guy.
In this article I discuss what I do with PriceBenders auctions. This in no way implies that this is the best method or the only way you can capitalize on winning these auctions. It has worked in the past and seems to continue to work with the new format we now have with PriceBenders. I don't change our guessing price every auction, it stays the same because you never know what the end price will be. Sooner or later it will come close to my guess.
Building my T-Credit bank is my primary objective. Our standing order at TripleClicks is for 125 T-Credits each month. Setting up the standing order helps build our base for less than $40 a month and gives us Executive Affiliate status in SFI. There are many benefits because of this. Today we will focus on the benefits of my strategy and how I plan to succeed.
PriceBenders Auctions are exciting but if you let your emotions take control you will lose a lot of t-credits and a lot of money. We are tempted every day to enter auctions but entering an auction with less then 500 T-Credits is dangerous and not considering what those T-Credits cost you can be expensive. We see many auctions won for less than 1.00, perhaps less than 50 bids for the winner. The problem is when you enter the bid the dynamics change and if you are not aware of who you are bidding against or the nature of the items being bid for, the time of day, or time of week or month; you will have no idea what to do or how to play.
Playing Pick-the-Price helps give you a feel for what is happening on the floor of PriceBenders. You get to know who the winners are. Just as important is watching a complete auction. We take extensive notes, who is bidding, what time they usually play, what type of auction it is, etc. our spread sheet of won auctions covers more than 1500 auctions and lets us sort according to Name, Item, Time or Day, winning Price. We calculate averages and look for anomalies, similarities and patterns. One thing is always true, the game is always changing. We are serious about building PriceBenders into our business model, it is not a hobby but we plan to play to win.
We are promoting the auctions to new people everyday. Every new member that joins us we increase our revenue to reinvest in PriceBenders and SFI. Because this is such an important aspect of our strategy we offer as much support as possible to new comers; gift certificates and t-credits are available to our active affiliate team members. We also will send a free copy of our notes on auctions and our sortable spread sheet. Duplication is very important and we want others to share in our success.
PriceBenders opens a lot of doors. Besides being a lot of fun it is a path to unlimited wealth. Buying and selling items at TripleClicks is a small part of our long term wealth building strategy. We welcome and support all of you.
Thank You for joining us: Pricebenders Auctions @ TripleClicks.com
Quote of the Day
"We have forty million reasons for failure, but not a single excuse."
-Rudyard Kipling
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1 comment:
This month we continued to play Pick-the-Price until our TCredits where almost exhausted. If we had quit when we were back to where we started, over 250 TCs, we could have used them on a Double MRP points auction. The resulting MRP balance would have been nearly the same but our VersaPoint balance would have been 250 points stronger. We would have also had an opportunity to win an auction.
Evaluation is a nessasary function of planning. Next month we will only play Pick-the-Price if after we have acquired the maximum Eager Zebra action VersaPoints (more shares of the executive pool) of 200VP and have over 300 TCredits left. Otherwise, we will use those TCredits to bid in a DP PriceBenders Auction. We can earn up to 500 VP for bidding, for each bid we earn one VersaPoint and 10 MRP ( member reward points).
Strong Future Warriors
http://www.tripleclicks.com/13938594/pbgw
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