I've sold many items on eBay and it's always nice to have 40 bidders in the first two days of your auction - it all but guarantees it's going to go for more money than it's actually worth. BUT, as a buyer, am I the only one that doesn't understand people that bid on a items 5 or 7 days from completion? Grrrrrr.
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ebay bidders
- Thread starter Shambler
- Start date
Oh wow - I think this solves the mystery - people don't understand an auction. Would you throw up your hand at an ordinary auction and say $250 when the auctioneer says lets start at $5.... Heck NO you'd say $5, and you just might win it - I've seen it many times. While at some point, you do STOP raising your hand, you don't start with your maximum bid.
eBay has built in tools and there are tons of third party tools to keep you informed of auction status. You don't have to bid to accomplish that.
smitty said:Aren't you familiar with how Feebay works? If you bid $500 on an auction that's at $5.....it doesn't up the current bid to $500.There's a bit of difference between Feebay and a live auction........
Huh? I guess if you were the only one thinking that way, you'd be correct. Unfortunately, you jumped hundereds of bid stops with your bid. If you bid $700 on a detector worth $750 in the first day and the next goofball says, "well, hell, that things worth $750 so let me drop a $750 bid on it" - then what happens to the bid price? The two of you agreed inadvertently to pay way more than you had to because now the bidding is at $710, and I've seen it happen within minutes. Even though you believed you were doing something smart, the two of you did something silly. There are tools available so you don't have to do that and over a month or so you each could've saved hundreds of dollars.
Maybe it's just that detector buyers are Internet challenged.I put a serious bid out there the first day to let other people know there is a serious buyer. I am always prepared to bid more. But I love watching that guy bidding seven times and is still not the high bidder. There is really no tactic to getting something cheaper on Ebay. If you want the item you better be there with 5 minutes to go and be prepared to bid. Sometimes a miss spelled word can help you get something cheaper, but over all that is quite rare.
mrwilburino
Member
I use the old tactic of putting my bid in during the last five seconds of the auction (sniping). If I end up on top then the other bidders don't have time to change their minds and bid more. People tend to get caught up in the competition aspect of the auction at times. That's when prices get out of hand. Good for the seller of course.
Shambler said:smitty said:Aren't you familiar with how Feebay works? If you bid $500 on an auction that's at $5.....it doesn't up the current bid to $500.
Huh? I guess if you were the only one thinking that way, you'd be correct. Unfortunately, you jumped hundereds of bid stops with your bid. If you bid $700 on a detector worth $750 in the first day and the next goofball says, "well, hell, that things worth $750 so let me drop a $750 bid on it" - then what happens to the bid price? The two of you agreed inadvertently to pay way more than you had to because now the bidding is at $710, and I've seen it happen within minutes. Even though you believed you were doing something smart, the two of you did something silly. There are tools available so you don't have to do that and over a month or so you each could've saved hundreds of dollars.
Shambler,
You answer has a few flaws. Lets take your example. Actually they are not silly, If I have my mind set to pay up to $700, it doesn't matter when you bid if someone else has his mind on bidding $750. If I wait for the last 5 seconds and bid $700 and he waits for the last 5 secs to bid, the results will be the same. I sure don't see how you could have saved hundreds of dollars in your example. While waiting for the last second can have an advantage if the other person bidding doesn't put there maximum bid and then runs out of time.
HH
Oak
greedykind
Member
i think someone is trying to steal a detector for nothing but keeps getting smoked!
e-snipe... everytime. Always use e-snipe. If the item is something you intend to have at any cost... put in a high maximum bid and set it for 4 seconds. Otherwise put your bid at the maximum you are willing to pay and still use 4 seconds. 4 sec is usually enough... using e-snipe you will not bid the price up and you do not have to monitor the auction. There is a time window as the auction comes near the end when you cannot cancel but until then you can cancel your bid if you get cold feet.
http://www.esnipe.com/
J
http://www.esnipe.com/
J
Open two windows, set the second window up with your maximum bid. Keep refreshing your 1st window... unless ebay now counts down without refreshing. I haven't done it manually in so long I don't know if you still have to refresh or not. Anyway, monitor the auction in one window and have the other set so you can just click the bid button with a few seconds left... but if you have a slow connection... esnipe!
J
J