Colin,
I respectfully disagree with you. Whether you use a "sniping" program or
whether you enter the bid manually (both work equally well in the last
seconds), the benefit of not placing your bid earlier is to not show
your hand which gives folks time to THINK about their maximum and creep
up on yours. If they've loaded their snipe program with their maximum,
it isn't like they had time to debate going over your bid, they are
doing exactly what you would be doing; setting your maximum and pulling
the trigger in the last seconds.
The key is, as you say, not to get into a bidding war. Know your
product, set your maximum and don't waiver in the heat of the auction.
Ebay can be a good experience (and is for many of us) as long as you
keep your wits and don't let emotion get into your pocket.
73, Tony W4ZT
k7fm wrote:
> Holding your bid until the last few seconds accomplishes nothing, because
> many of the bidders use "sniping" programs, which automatically check the
> bid at the last few seconds, then up the bid to their maximum.
>
> While it appears that someone knows how much you bid, because the ending bid
> will come at the last second, just barely higher than yours, it is all part
> of the legal bidding process.
>
> Let us say you put in a maximum bid of $99.99. If the bidding process gets
> to $97.50 and your bid must be $2.50 higher minimum, then the sniper program
> will come out at $100 and appear to have beaten you by a penny.
>
> The secret is, if you want something, put in the maximum bid you are willing
> to pay, then forget about it. Where bidders get messed up is when their
> maximum bid changes depending upon whether or not someone else wants it. If
> you want something, what someone else is willing to pay for it is
> irrelevant. It only matters what you are willing to pay for it.
>
> I sell a few unwanted things on eBay, and from friend's estates. What I
> find is that a number of people have money and hate to lose at a bidding
> war, so they bid more than it is worth. To them, losing a bidding war is
> failure. That is perfect for a seller. Keep it up.
>
> 73, Colin K7FM
>
>
>
_______________________________________________
Amps mailing list
Amps@contesting.com
http://lists.contesting.com/mailman/listinfo/amps
|