Today we are debuting a very exciting new feature at Pricebenders. Effective immediately, on many Pricebenders auctions, you will now have the option to get all your bids back by simply buying outright the item you were bidding on! You can do this at any time while the auction is going on–or for up to 24 hours after the auction has ended.
The Buy Now (BN) price will typically be the MSRP (Manufacturer’s Suggested Retail Price), but may be lower or higher in some instances, depending on our costs.
Yes, you can now bid boldly and with confidence at Pricebenders…because, no matter how many bids you make, you can get them all returned immediately to your account…by simply buying the item you wanted in the first place!
Please note that once you’ve used the BN option for an auction, you can no longer bid in that auction.
Q & A
Q: How do I know which auctions have the BN option?
All auctions that have the BN option available will display a blue shopping cart icon at the bottom of the panel on the Pricebenders index. To purchase the item (and get all your bids back), just click the cart icon displayed on the right side of the image.
Q: Where can I find out what the BN price is?
The BN price will always be listed in the sidebar on the Auction Details page (get to the Auction Details page by clicking the item’s title or image).
Q: What do I do if I want to use the BN option and buy the item?
Once you’ve bid on an auction from the Auctions Index, a shopping cart icon will appear to the right of the image. Click this icon to proceed to checkout. Or, from an individual auction’s details page, click the “Buy Now” button located above the auction’s product description. Alternately, if the auction has already ended, you’ll automatically receive an email from TripleClicks with a link you can use to make your purchase within 24 hours.
Q: Is there CV, VP, and MRP awarded when making a BN purchase?
CV, VP, and MRP are awarded ONLY on BN purchases of TCredit packs (excludes Progressive TCredits pack auctions) and Lifetime Custom Prestige Domains at this time. Keep in mind, however, that for every BID you make, you can be earning VP (up to 1000 VP/month). And for every TCredit that your PSAs and PRMs spend bidding on auctions, you can be earning Direct Commissions. Plus, every purchased TCredit spent bidding on auctions adds to the TripleClicks Executive Pool–that you’ll share in (provided you hold the minimum rank of Executive Affiliate).
Q: Should I promote this new BN feature to my affiliates?
It’s definitely a MAJOR improvement to Pricebenders…and it could very well make a large number of your affiliates want to start promoting Pricebenders or start bidding themselves…because now they have a “safety net.” That is, if they don’t win, they can get all their TCredits back and just buy the product outright. So, yes, it’s a very good idea to at least make sure that your affiliates see this announcement.
Q: I really like this new Buy Now feature, I think it’s a game-changer! How can I get started on promoting Pricebenders?
Check out these Pricebenders resources:
- How to earn an extra $200 or more each month selling TCredits for Pricebenders
- What are the benefits of Pricebenders auctions that I can promote to prospects? (Ask SC thread)
- Pricebenders discussions at the Forum
Q: Which items will NOT have the BN option and why?
Physical products that we are unable to acquire at wholesale prices will not have the BN option. CSAs also will not have the BN option due to the fact that there are a finite number of CSAs available each day. PSAs will also not have the BN option at this time–but we hope to make PSAs available in the future.
Q: Is BN available for all bidders in all countries?
For most physical items, the BN option will only be available for USA and Canada residents at this time. For many non-physical auctions (such as TCredit packs), however, BN will be available to all bidders from all countries.
Q: So what happens exactly when I click on the icon to purchase the item I’ve been bidding on?
Clicking the shopping cart icon will take you to a page with the BN price and other details, and a link to place your order (buy now) if you want to.
Q: What if I decide I want to take advantage of the BN option AFTER an auction has ended?
As soon as a BN-eligible auction ends, we’ll automatically send all bidders a brief email with a link to buy the item and get your TCredits back. Note: The offer is good only for 24 hours after the auction ends, so don’t delay if you wish to take advantage of the offer.
Q: Is shipping free on BN purchases?
There are no shipping costs on digital items but, on physical items, you will have to pay the shipping cost when you check out.
DISCUSS IT! Log in at the SFI Affiliate Center, then head over to the FORUM–to the SFI NEWS DISCUSSIONS section–to discuss this announcement with your fellow SFI’ers.