Quote:
Originally Posted by gurpswoo1
Alot of the time, bidders see the listing but can't be bothered to wait or remember the time it ends, so they put their maximum bid in.
There is also the practice of the seller inflating the price early to get people to put the maximum bid in.
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^this
Also I think a lot of people simply don't fully understand the bidding process, they don't get that you can put in a bid higher than what you'll actually pay, and they get into emotional bid wars where they're more concerned about "winning" than about getting the item at a reasonable price.
Quote:
Originally Posted by MrBubbles
I always use my ebay sniper. Don't have to worry about getting it, don't have to drive prices up in the days before ending. ...
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I use a sniper too!
Unless the auction is a "Buy it now" or "Best Offer" I use Auction Sniper for 100% of my bids...
http://auctionsniper.com/ (if you tell them twistedsymphony referred you I'll get some free snipes
)
Auction sniper is great because I can sit and logically think about the maximum I'm willing to pay for an item, set up the snipe and then forget about it.... I don't get roped into bid wars driving the price up above my max.
Not only that but bid activity attracts more attention to the item so by not bidding you're keeping people's awareness of that item lower.
They also have a "bid group" feature which is awesome... so if there are say 10 auctions for the same item, you can put them all in a bid group and it will snipe each of them as they end and stop sniping as soon as you win an auction.
Using this feature I setup a bid group of about 75 auctions and was able to win a Wii with Zelda, the week of launch and only payed about $20 over RRP after shipping... the seller wasn't too happy as he was expecting a windfall but basically I loaded the bid group up with all the auctions I could find and I ended up winning one that ended in the middle of the night at the same time as a few others that got more attention.
I highly recommend sniping, and I wish everyone sniped... people would get the items they're looking for, sellers would get the max that people are willing to pay, and none of the bidders will pay more than they wanted to.