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What are auction and Bidding Details at Bidstall and how is it different
Now lets explain you what are auction details at Bidding website Bidstall and how they are different from previous auction and bidding details displayed.
If you are a bidder who registered prior to Feb 15th 2014, you would have used to the auction details where we used to show details about
1) Total bids
2) Non Unique Bids
3) Unique Bids
As we always aim to improve your experience we believe its important for us to show relevant details which will further enable you to plan your bid accordingly. With this in mind we are now showing the below instead
1) Bidders
2) Average Bids per Bidder
3) Unique Bids
1) Bidders is the total number of distinct bidders who have placed bids in the auction. For Eg: if 2 bidders have placed bids on iPhone auction with an aim to win the same, one from Bangalore & one from Delhi. Then total bidders =2.
2) Average bids is the average bids per bidder. For eg: if there are 2 bidders and one has placed 8 bids and another bidder has placed 10 bids then then
Total Bidders =2
Average Bids per bidder = (8 + 10) divided by 2 = 9
3) Unique bids is an indicator of the number of unique bids placed by all bidders combined in that particular auction.
Things to Note:
Bidders : Is an indication of competition. If there are 10 bidders it doesn’t necessarily mean all of them are serious about that product, however they have expressed interest. This is updated every 10 seconds
Avg Bid per bidder : Is an indicator of how many bids on an average it takes for you to reach 1st position. if average bids = 8 that implies it may take at least 8 bids to reach 1st position. Sometimes it can be less or more depending on when you started to bid. This is updated every 5 seconds
Unique Bids : Is an indicator of how many unique bids are placed in that auction. This value is updated every 5 seconds.
As always our aim is to improve auction and bidding experience. Feel free to write to us if you have any queries or feedback.
Related Links : Get Many Free Bids, Online Bidding Site, Win Apple iPhone
Source : http://bidstall.com/auction_and_bidding/?p=292
If you are a bidder who registered prior to Feb 15th 2014, you would have used to the auction details where we used to show details about
1) Total bids
2) Non Unique Bids
3) Unique Bids
As we always aim to improve your experience we believe its important for us to show relevant details which will further enable you to plan your bid accordingly. With this in mind we are now showing the below instead
1) Bidders
2) Average Bids per Bidder
3) Unique Bids
1) Bidders is the total number of distinct bidders who have placed bids in the auction. For Eg: if 2 bidders have placed bids on iPhone auction with an aim to win the same, one from Bangalore & one from Delhi. Then total bidders =2.
2) Average bids is the average bids per bidder. For eg: if there are 2 bidders and one has placed 8 bids and another bidder has placed 10 bids then then
Total Bidders =2
Average Bids per bidder = (8 + 10) divided by 2 = 9
3) Unique bids is an indicator of the number of unique bids placed by all bidders combined in that particular auction.
Things to Note:
Bidders : Is an indication of competition. If there are 10 bidders it doesn’t necessarily mean all of them are serious about that product, however they have expressed interest. This is updated every 10 seconds
Avg Bid per bidder : Is an indicator of how many bids on an average it takes for you to reach 1st position. if average bids = 8 that implies it may take at least 8 bids to reach 1st position. Sometimes it can be less or more depending on when you started to bid. This is updated every 5 seconds
Unique Bids : Is an indicator of how many unique bids are placed in that auction. This value is updated every 5 seconds.
As always our aim is to improve auction and bidding experience. Feel free to write to us if you have any queries or feedback.
Related Links : Get Many Free Bids, Online Bidding Site, Win Apple iPhone
Source : http://bidstall.com/auction_and_bidding/?p=292