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Each time a passenger is upgraded through a Plusgrade bid, the airline pays a small commission to Plusgrade. So, it's in the company's interests to upgrade as many passengers as possible. It's also in the airline's interests to do so as each upgrade represents extra high-margin revenue.
It's always worth it when you're bidding. A large number of airlines around the world offer bid-to-upgrade options for premium economy or even business class. The best part of bidding is that you get to decide how much you're willing to pay.
A good rule of thumb for bidding is to figure out the difference between the cost of your ticket and the cost of an upgraded ticket and bid 20% to 40% of the difference. There's no guarantee you'll win your bid, but if you get lucky it's an upgrade at significant savings.
Follow this equation for a bid price: calculate the regular cost of a business class seat. Subtract what you paid for the economy fare, and aim for around 20% to 40% of the remaining price. Bid slightly above the minimum to beat the crowd, since most people will choose the minimum.
What is Upgrade Bidding? Bidding on airline upgrades is basically like a blind auction for unsold seats on a flight. Over 50 major airlines use a platform called Plusgrade to let passengers bid on unused space in their business- and first-class cabins rather than flying with empty seats up front.
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A good rule of thumb for bidding is to figure out the difference between the cost of your ticket and the cost of an upgraded ticket and bid 20% to 40% of the difference. There's no guarantee you'll win your bid, but if you get lucky it's an upgrade at significant savings.