Our prior win limit program was not functioning 100% (was advising some people that they had reached their maximum wins when they had not) , so we began creating something new.
The new program is in final testing and will be implemented shortly (so no win limits are currently in effect). Here is a sneak peak:
Your current win total will be shown on the header. If the win limit for the prior 7 days is say seven and you have six wins. Then you will be able to bid on as many items as you wish. However, when you win your 7th item – you will not be able to place any more bids on any other items. This means that any autobidders you have placed will stop with the win.
If you sell your won item back to us for bids, you will receive a win credit. That simply means that while you have won your limit, we subtract one of your wins and you are allowed to continue bidding.
We are examining not counting the following wins (and feedback is appreciated):
- On items priced under $30. After all, people may not bid on a lower priced item if they are concerned about it impacting their win totals.
- Not counting a win if the closing price is under X amount. X could be be $5 or $9, we are not sure exactly. The point behind this is why would anyone who is close to their win limit, bid on an item if the price was low and run the risk of winning it which could stop them from bidding on an item they want later on in the day. If this person felt that they should not bid, then the item may go for a very low price and this not conducive to our charitable goals.
Please remember that win limits on Bidazzled need to be different than win limits on your typical penny auction site. As we are 100% Risk Free, there is far less need to protect people from a few big spenders. Specifically, people who invest a lot in an auction will exit when their investment nears the retail price as there is no incentive for them to stay. This then opens up an opportunity for someone else to enter the auction and win with very few bids. This is not possible under your typical penny type auction where there is only one winner and everyone else loses. In those auctions, people stay in till the very end.
We would love to have feedback on what you feel is fair and would work best.
Thank you all again for your support.
The Bidazzled Team