etsweptster wrote:When I see something I want, I bid the max I am willing to pay. I don't always have time to try to remember to come back and bid on it later. Either I get it or I don't. Most times I end up getting it for less than my max bid was anyway. Plus, if it's a reserve auction, I know instantly whether or not I have bid enough to meet the reserve. I have lost out on too many items in the last 5 seconds of the auction to try to play the sniper game...although I do respect all the snipers out there! Having sold tons of stuff on Ebay, I don't see any difference in what I get for stuff whether it has bids on the first day or not...usually get around what I expect for it.
Bidders before the last minutes of an auction are a seller's best friend and a buyer's agony.
If u bid early, u are a fool and here is why.
Ive been an ebay sniper for 10 yrs and have over 2500 feedbacks from BUYING.
If someone bids early, and I outbid them early, then they have time to reconsider their "max" which simply drives the price higher if it is something I want. That is how a "bidding war" starts. GREAT for the seller!
However, if they bid their "max" and I snipe in the last 5 seconds, they have no time to "up" their max. Saves the winner money.
So go ahead and bid early. I will see you've bid and I will bid it up incrementally until I get it to your max, then I will stop and leave u there.
When u come back and raise your max, and I will bid u up again. Sellers love that, I call it "supporting the fair market value" and in the end u pay a damn lot more.
If I should happen to outbid u by a couple bucks, I can pretty much be sure u will show up and reclaim the lead. Cool, now Im off the hook to buy it. But, I now know what your max was, and often u reveal your bid strategy if I study the bid history. Now I know u will bid 25, 50, 75, or 31, 41, 51, etc so it is easy for me to come back and put u right back to your max.
Another way that sniping will save u money happened this week on an item I am waiting to snipe. It was listed at $149, but so far there are NO bids. So the seller lowered the price to $99, thinking there is no interest. Cool, just saved me $50! I am sure it will end with me as the only bidder, but if I had bid early, it would not have been lowered.
So there's your free lesson on successful ebay bidding. Use it however u like.