Why do people bid with days remaining? If I bid, I wait until the last few minutes. Do they expect to win?
Even if something has no bids, I wait until the last moment to do so, so I don't get out bid or have a bidding war.
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Why do people bid with days remaining? If I bid, I wait until the last few minutes. Do they expect to win?
Even if something has no bids, I wait until the last moment to do so, so I don't get out bid or have a bidding war.
Some people (myself included at times) place their highest bid at the start when they see an item they are interested in. It will increment up (bidding by proxy) automatically until they finally are outbid (if they ever are outbid that is).
I use auctionsniper.com for my ebay bidding. I put in my maximum bid and never look at it again. If I win then I paid as much as I wanted to. If I get out bid, then it was too much $$$ for me.Quote:
Originally Posted by sammm
Paul
Same for me.Quote:
Originally Posted by sammm
I snipe...
All the people that bid early do is drive the price up for everyone else :x
Right. All those who swoop in late never drive prices up! :roll: Colonel Mustard called and said get a clue.Quote:
Originally Posted by channelmaniac
I could have typed that. :shock:Quote:
Originally Posted by channelmaniac
I think I will... :)
I snipe too.
I agree, all those early bidders do is drive the prices up. Why have a bidding war with three days left? Dumb. :roll:
[quote="droptop"]Why not just put in the price I'm willing to pay rather than chance paying more than I wanted by a snipe war? Dumb. :roll:Quote:
Originally Posted by channelmaniac
Snipe war?
Sounds like you are Col Mustard now...
There is no snipe war on eBay... If you bid with 10 seconds left in the auction and you put in the price you want to pay... how can that be considered a snipe war?
Otherwise... you put your price in early then someone else will just drive the price over what you want to pay.
I find that I get my best bargains by sniping. If I don't win and another sniper gets it then he/she was simply willing to pay more than I was... and at least we aren't driving the price up like crazy.
RJ
I've seen bids go nuts on Russian WW2 Medals that I used to collect because there were several folks using sniper programs. When you have an item that several people want and the majority are sniping then yes, you will drive the price and battle someone else for what you wanted.
Let's call it this - different strategies for different eBayers. What works for one obviously won't work for the other. And from now on, you'll be Prof. Plum. :wink:
Sorry Three Bean but SnipingWars are just not possible.
Lets say three people are sniping a product at 5 seconds. At 5 seconds their bid is sent to eBay. Then eBay's servers will end the auction.
With only 5 seconds left, there simply is not enough time for a war.
From Auction Snipers FAQ:
Quote:
What if two or more people snipe the same items at the same time?
Although the probability of this happening is very small, we have developed our software to give bidders an equal chance of winning in all possible cases.
For example: If two bidders are sniping on the same item with the same max bid, and both choose to snipe with just 5 seconds left -- our bidding system will send eBay both bids at the same time.
The rest is up to eBay. The winner will be the bid that eBay received first. We do not have control over which eBay servers we send to, and therefore cannot pre-determine who will win.
But you're still going to go at it with someone over the price... why not just set your max price at the beginning of the auction and leave it at that? Same outcome apparently.
Example of my next snipe:
http://cgi.ebay.com/ebaymotors/ws/eB...spagename=WDVW
I'm willing to pay 185.00 for the header. My snipe bid is in. I never have to look at it again untill its over. If it goes over 185, then I will have not paid more than I want. By not "showing" my cards I will not drive up the price.
Monkey says "snipe or be sniped" I have to agree.
Paul
Say the going price is $45 for the same header... I bid $185 as my max bid. eBay automatically bids the $45 for it and keeps bidding for me by proxy until my max provided the there are other bidders. Otherwise, I pay less for the item. Never at any time are my cards shown... same outcome for the bid.Quote:
Originally Posted by Ataim
But you forget there's a "gambler's mentality" to eBay in that if someone doesn't get the winning bid they may keep bidding until they do.
Human nature is that people want to win and that drives price up. Just look at how many auctions for things go for more money than what those items would cost new out on the web somewhere.
RJ
The sniping prevents the simpleton bidder from driving the price up.
Example 1:
3 Bean puts in a max bid of $200.
He is the only bidder, so the bid sits at $20.
Simpleton comes along and says wow, I can steal this! He bids $25, but then he sees 3 Bean still has it and the price is now $26.
Simpleton is not too bright, so he continues this stupidity, driving the price up on 3 Bean to $100 before giving up.
3 Bean pays $100 and thinks he got a good deal.
Example 2
Ataim puts in a snipe bid of $200.
His bid doesn't show up, so the item sits at 0 bids.
Simpleton comes along and says wow, I can steal this! He puts in the minimum bid of $20, and he is the high bidder. Happy to be in the lead, he walks away from it.
Ataim's snipe bid hits at $200 with 5 seconds to go, and he gets the item for $21.
Simpleton's own ignorance has been used to out smart him, getting Ataim the best possible deal.
Bingo!
Hmmm... with that explanation, you've got me re-thinking my eBaying...
Of course, my wife has been sniping for years...
She says, "All is fair in love and eBay!"
I'll admit Titus's explanation has me re-thinking my Ebaying too! But, how many of y'all have sold items on Ebay and couldn't believe how much money you got for an item?!?!
IMHO there are valid arguments to be made for both sides of this discussion.
Who you callin simpleton!!!!
When I sell on ebay I ALWAYS have a reserve set at the price that I'm willing to part with it for.Quote:
Originally Posted by sammm
Well that goes without saying! :PQuote:
Originally Posted by Ataim
BTW. Is sniping free? I like free! :D
not free but close to it, 1% of price or $0.25 which ever is greater.Quote:
Originally Posted by POS Racing
Paul
I must admit that sniping doesn't make a difference much of the time. If there is anyone else sniping at the same time, it really just turns the auction into a silent auction. I have always preferred this, as it protects me from myself. Before I began sniping (manually by the way 'cause I can be a CB too), I would bid like 3 Bean. The problem was, I would get caught up with the excitement and raise my max bid in the heat of the moment. That leads to buyer’s remorse.
Compliments of T&E! (From another thread)Quote:
Originally Posted by POS Racing
Quote:
Originally Posted by TroyAndEddie
I like www.auctionsniper.com better. Not free but better service than the free site.
At fees of $.25 to $5.00 it is reasonable.
What's eBay?
I think it's a trading post where you can give your old car and some ca$h for a nice pretty Miata.
I would like to take a moment to apologize to anyone lacking Alligator Hide that may have taken offense to being referred to as a Simpleton. Perhaps I should have used a more politically correct term.... say Educationally challenged EBay Troll? 8) :twisted: :wink:
I'd laugh if it didn't hit so close to home... :(Quote:
Originally Posted by channelmaniac