Today we have added “pre-bidding” to Pricebenders. Here’s how it works:
Every auction on the UPCOMING AUCTIONS page now sports a “pre-bid” button.
Click this button and you can enter a quantity of bids you’d like to place on this auction when it starts. You can enter any number of bids you want…from 1 to 1,o0o,ooo. Each bid is one TCredit.
For each of your pre-bids, you’ll instantly receive 1 VersaPoint as soon as the auction starts (a great way to grab some quick VP!). And, as a special bonus, for every 10 pre-bids, we’ll add a FREE BONUS VP!
Example: Place 10 pre-bids and receive 11 VP. Place 20 pre-bids and receive 22 VP. Place 100 pre-bids and receive 110 VP. And so on.
Did you notice? We recently have been begun testing a 6-hour starting timer for all auctions (down from the standard 12-hour timer we’ve been using for the last year). This has, of course, greatly reduced the length of each auction.
Let us know if you like the shorter timer by joining an auction!
Head over to the FORUM–to the SFI NEWS DISCUSSIONS section–to discuss this announcement with your fellow SFI’ers now.