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Author Topic: Unique Auction Bidding Strategies: How to win.  (Read 2431 times)
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« on: March 27, 2009, 10:12:04 PM »

Modified 4/30/2009:

How are people getting Apple iMacs for $170.25? How about Nikon D90 Cameras (with lens kit) for $115.50? They are bidding in Dubli's Unique Auction and winning. I want to learn how they are doing it and teach all of you. (And as I learn more and we begin to discuss this, there is a good chance that I will close this topic to member's only. So register now to keep updated.)

If new, first click here to learn about Dubli and the Unique Bid Auction.

There are two messages that I have received as I have bid in the Unique Bid Auctions:

1) "Your bid of $XX.xx is neither unique nor the lowest single offer."

2) "Your bid of $XXX.xx is unique, but not the lowest unique offer."

I suppose there is a third, that I have yet to see, that says "Your bid of $XX.xx is the lowest unique offer." (I'd love to see this message with 2 seconds to go. I hope to soon.)

Make sure that you check your "Current Auction" page after you have bid. It will tell you what your current status is in the acutions that you have bid on. For me on one of the auctions, I got message #2 above until the last 20 minutes, when it changed to message #1. I then bid some more, but never got anything but message #1 after that.

Some lessons:

1) You might assume, as I did, that if you place a fairly low bid that is unique, but not the lowest unique, that once it is no longer unique, the lowest bid MUST be above where you last bid. This is NOT the case. (Example: the iMac that went for $170 - I was bidding in the $400s thinking the lowest unique would be there or above based on my prior bidding. I was wrong.)

2) If you have bid multiple times, your 'Current Auctions' tab only shows you the status of one of the bids. I guess, but am not sure, that it will always show you the status of bids in this order: 1) Unique and Lowest, 2) Unique but not lowest (the lowest of these if there are multiple) 3) If all of your bids are not unique, then it shows this status and chooses the lowest of your bids to show. (This all needs to be confirmed.)

3) If you bid a range of bids, you get an e-mail with the status of each bid - check your spam folder if you don't see it right away. Its important to find out the status ASAP. Then you can see the status change, as it does, in your 'Current Auction' page. (In the manner I explained in #2, above.)

Some ideas (but no guarantees):

1) Bid $160 worth of bids in a long range where you think the auction will end. For example, this iMac auction ends on 5/6/2009. You could bid from $165 to $215 and get every bid in that range. (Since the last iMac ended at $170.25, this MIGHT be a good range to try. If you get the iMac for, say $210.25 because that is the lowest unique bid, you've spent $370.25 for a brand new iMac. Not bad. THIS PLAN IS VERY RISKY. - You might bid $160 worth of bids and get nothing. But remember, right now, there aren't that many customers on dubli. If you plan to do something like this, do it before dubli really starts to advertise.

2) Bid a very low range and then a range where you think the item will end up based on previous auctions. Then, as the status of the bids in the low range changes to 'Your bid is neither unique of lowest', you can know that the lower bids are filling up. (Of course, its difficult to know if there is a low bid that is still unique.) This will give you some information about where to place new bids (maybe in the middle of the two ranges you started with). Again, there certainly are no guarantees with this plan.

3) Bid $0.75 to $1.75 on every auction. This will change (especially as people read this post) but right now there are a lot of auctions that ended in this range.

(I just love 3 item lists.)

I know that a community working on this can come up with some great ideas to increase our chances of getting really cheap good stuff. Why not join the discussion?
« Last Edit: April 30, 2009, 05:25:24 PM by admin » Logged

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« on: March 27, 2009, 10:12:04 PM »

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BigFatCow
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« Reply #1 on: March 29, 2009, 12:21:52 PM »

"Your bid of $4.75 is neither unique nor the lowest single offer."
So, this means that it is not unique, but does it tell us anything about whether you are too low or too high? I don't think so. But I don't know for sure.


I think it definitely says your bid it not unique, but I think the second half of the message is saying that there is a unique bid at a price lower than you.

I just bid on my first unique auction. After this initial message, do you get any updates? Are you informed if your bid becomes the unique low bid? If you were the unique low bid, would you be notified if you were no longer unique?
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« Reply #2 on: March 29, 2009, 12:25:48 PM »

I didn't get any updates but I bid with about 5 minutes to go. I know that at about that time in the auction, you can no longer post a range of bids. maybe they also turn off notification (If there is any to begin with.) We need to discuss this more.
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« Reply #3 on: March 29, 2009, 01:07:11 PM »

Please post the item you bid on. Thanks
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BigFatCow
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« Reply #4 on: March 30, 2009, 12:47:29 PM »

I don't think it's in my best interest to post information on a specific item if I have a unique bid. If I was unique, but not the lowest, at the time I input my bid, that doesn't mean that mine can't become the lowest unique bid. With the unique auction, it seems that there will be some information we are willing to share with each other, and other messages that we will want to keep to ourselves. I think where it makes sense to create an item specific thread, or add to an existing discussion, is when you placed a bid and it wasn't unique.
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BigFatCow
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« Reply #5 on: April 03, 2009, 10:18:48 AM »

In response to my own question, you can update the status of your bid. I did have a unique bid that was not the lowest. Now my bid is neither unique nor the lowest.
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« Reply #6 on: April 03, 2009, 11:36:18 AM »

In response to my own question, you can update the status of your bid. I did have a unique bid that was not the lowest. Now my bid is neither unique nor the lowest.

How do you update the status? Is it on the dubli website?
Thanks for joining the discussion. The more participation we get, the more likely we will be to get some great deals.
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« Reply #7 on: April 03, 2009, 02:04:10 PM »

OK I got the "Your bid of $xx.xx is neither unique nor the lowest single offer." Message.

I don't think its worded very well.

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« Reply #8 on: April 08, 2009, 07:47:03 AM »

I want to get this discussion going. I know we're getting a lot of hits in this topic and there is no new posting. We can figure this out if we discuss. Very soon, they are going to be posting some very high ticket items it the Unique Bid section. There will be houses, cars, Harley Davidson motorcycles and $10,000 debit cards (the proceeds from the debit cards will go to a couple of very worthy charities, I understand).Some thoughts:

We need to understand all of the messages that you can get the first time you post and exactly what they tell you. We've begun that conversation, but we need to continue. Then we need to understand if there are messages that you are given after you bid when someone else bids that changes the status of your bid. For instance, if you have the lowest unique bid and they tell you that (I don't know if they do, but I assume so) and then someone else bids that same amount. Do they tell you? What if your bid is unique but not the lowest unique and then someone else bids on the price point that used to have the lowest unique and now yours is the lowest unique. Are you notified?

We need to get ready for these large items that are coming. I would love for someone who has contributed to this forum to win one of those.
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« Reply #9 on: April 30, 2009, 04:31:06 PM »

I've updated this post. (See original post.) Let's discuss and see if we can come up with some good ways to win the dubli unique bid auction. (Or, at least increase our chances.)
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lorwellman
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« Reply #10 on: June 21, 2009, 10:26:24 PM »

OK, so I bid a couple times on the unique auction for the 24" Imac.  I bid $23.00 and $13.75.  I, like you, was confused on the message I got that said my bid was neither the lowest or unique.  I was not sure if it meant that there was a lower bid that was unique or just lower bids that were  not unique either.  So, I decided to bid $.25 to see what message that gave me.  It also said my bid was neither the lowest or unique.  Now I am even more confused because you can't go lower than $.25.  Unless of course you can bid zero but I am not sure you can do that.  I really want to learn more about how to win this type of auction.

Has anyone learned any more on this since the last post??

Thanks,
Lori
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« Reply #11 on: June 22, 2009, 12:01:10 AM »

OK, so I bid a couple times on the unique auction for the 24" Imac.  I bid $23.00 and $13.75.  I, like you, was confused on the message I got that said my bid was neither the lowest or unique.  I was not sure if it meant that there was a lower bid that was unique or just lower bids that were  not unique either.  So, I decided to bid $.25 to see what message that gave me.  It also said my bid was neither the lowest or unique.  Now I am even more confused because you can't go lower than $.25.  Unless of course you can bid zero but I am not sure you can do that.  I really want to learn more about how to win this type of auction.

Has anyone learned any more on this since the last post??

Thanks,
Lori
Hi Lori,

Thanks for joining getting this topic going again. I still don't know a lot. I know that many of the same people seem to win these auctions. So, they must be doing something you and I are not.

Here's my interpretation of the two messages I've seen:

1) "Your bid of $XX.xx is neither unique nor the lowest single offer." This means that, at the price you bid, there is at least one other bid. I don't think it means any more than that. so, that means that that the lowest, unique bid could be lower than your bid, or higher. I think a better way of putting it is "Your bid is not unique."
2) "Your bid of $XXX.xx is unique, but not the lowest unique offer." This means that you have made a unique bid and that it is not the lowest unique bid. It means that the lowest unique bid, at that moment, is below your bid. When this message changes to #1, which it will if someone else bids the same price, don't make the mistake of thinking that the new lowest bid is higher than your old bid. You can't make that assumption. I think a better way of saying this is, "You bid is unique, but there is a lower, unique bid."

I think one key is to bid early at different price ranges. This makes it more likely that you'll get some unique bids. Then watch when the unique bid messages change to the non-unique messages. This can help you know what price ranges are filling up with bids. (Although you don't know for sure.)

One more thing: Its very possible that there are other messages. If anybody see a message different than the two above, please post what they are.
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lorwellman
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« Reply #12 on: June 22, 2009, 07:11:00 PM »

Well, I decided to bid again and this time I got the message that my bid was unique
but not the lowest unique so...at least I have a unique bid out there.  It's a fairly low
bid so there is a possibility that I could win if someone else bids the same as the lowest
now and mine is close to that!!  I am anxious to see what price ends
up winning it so I can maybe learn a bit more.  It ends Wed.

I agree, if the same people are winning a lot of bids, there has to be a strategy
they are using.

I will keep you posted and let you know if I get a different message.

Glad I found this forum!

Lori
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« Reply #13 on: June 22, 2009, 11:38:17 PM »

Well, I decided to bid again and this time I got the message that my bid was unique
but not the lowest unique so...at least I have a unique bid out there.  It's a fairly low
bid so there is a possibility that I could win if someone else bids the same as the lowest
now and mine is close to that!!  I am anxious to see what price ends
up winning it so I can maybe learn a bit more.  It ends Wed.

I agree, if the same people are winning a lot of bids, there has to be a strategy
they are using.

I will keep you posted and let you know if I get a different message.

Glad I found this forum!

Lori
Lori, make sure you check your 'Current Auctions' often (in your account box - not up above on the Unique Bid page). That is the only place you'll see it if someone else bids the same as you. (Or bids just under you and you become the lowest unique!)

Thanks for joining the discussion.
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lorwellman
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« Reply #14 on: June 23, 2009, 10:17:19 AM »

Thanks..I didn't know to do that.  I am confused though because when I check my current auctions the only bid in there is the one that I bid $.25.  The most current one was the one that showed it was unique but not the lowest and it is not showing up under current auctions.  It shows up under bid history but not current auctions.  Any clues?

Lori
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