Credit Crunch You Say?
I’ve been doing my thing on Bidorbuy, as I have been for the past 2 years. If 2007 was about selling, then 2008 was about bidding for me.
For a while now I have been searching for bargains on Bidorbuy, especially on the Wednesday Crazy Auction (starts on a Tuesday midday until midnight Wednesday). Some of the profit I make through their affiliate programme, gets plowed into buying stuff on auctions. I don’t always win the auctions I bid on, but you know what they say: you can’t play if you’re not in the game!
I like to be in the game. Auctions are my guilty pleasure.
I do have a strategy though. I only bid on R1 auctions and mostly high value ones like solid gold and sterling silver jewellery or computers. I also try to get mixes of beads at a lower price than I could get online or in local stores.
Even though their are collectables like coins and stamps, I stay away since I have no idea of the value. Also, I know what I’m prepared to spend, and do not get involved in bidding wars. As fun as auctions are, they can get a bit emotional when someone seems to be bidding against you! It is not personal, so I walk away if someone wants an item badly enough. Sometimes I become a bit upset when it’s a product I really wanted, but perhaps next week the same sort of item will be auctioned.
Bidorbuy’s Crazy Wednesday Auction which takes place from 12.00pm on a Tuesday until 00.00am on a Wednesday, had me very surprised. The items on auction are reaching prices at a normal rate. You would think the reported credit crunch would slow down sales, but there seem to be a number of bidders for good quality items.
In between there are still a few bargains. I bought some semi-precious stones that came to R67.00 and R38.00, respectively and a sterling silver ring for R50.00 all including postage.
