why are ebay bidders so stupid?

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Pray To Jesus

Diamond Member
Mar 14, 2011
3,642
0
0
<snip>

Don't break the forum format.

AT Moderator ElFenix
 
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Muse

Lifer
Jul 11, 2001
37,841
8,309
136
there's something i never understood about most bidders on ebay. They see an auction starting price $1, with 6 days to go...and like 20 peopel bid. Do they really think that by bidding 6 days early they are going to get the item for a dollar? There is no reason to EVER bid on an auction until there is less than 30 seconds remaining!

oh, and the worst part about this is when there's an auction with a good "buy it now" price and some moron ruins that by bidding a dollar

Yeah, I know what you're talking about. If I can, I always wait until the last 10 seconds, take my shot and see where the chips lay. Unless I can't be at my computer at that time, then I'll make a bid maybe and see what happens. But 10-20 bids a day or more before the auction end seems stupid to me, I never get into that stuff.
 

Muse

Lifer
Jul 11, 2001
37,841
8,309
136
No. ALways bid at the end. If you bid earlier, you are just giving all the other people who are interested a chance to beat you. By not bidding, you aren't drawing attention to the item. If there is someone else who wants the item, you can either snipe them at the end, or end up in a bidding war with them throughout the auction. Just bidding what you're willing to pay is stupid and will only drive up the price in the end.
This.

Just decide what you are willing to pay and bid that just a few seconds before the auction terminates, assuming it hasn't been bid up beyond that. That's the smartest strategy. I've thought it through, been doing it for years, this is the answer.
I learned about the bidding at the last minute today, first bidding. I also discovered the 'watch this item' option. That's pretty useful.

Sometimes it seems like the bidder could save more money if they did some research and bought it from a store...
Watching items is useful for a variety of reasons.

Many times items selling on ebay are better bought elsewhere, newer, cheaper and with warranty and from a company who will stand by their merchandise. You have to do your homework.
I agree with jmw8se. Research the item, email the seller to find out what you are getting, decide on a price you are willing to pay, and in the last 30 seconds bid the amount you concluded the item was worth to you.
If you bid beforehand, you're just going to cause other peoples curiosity as to what your proxy bid was to drive the price up.

Sniping on ebay=Cool

Dave
Exactly.
 
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paperfist

Diamond Member
Nov 30, 2000
6,517
280
126
www.the-teh.com
Thing with proxy bids and putting in your max is someone may sit there guessing what it is once it see they keep getting out bid in a effort to get you to pay more. If you wait till the end you can do the same thing while letting the clock tick so you don't end up paying your max.
 

Muse

Lifer
Jul 11, 2001
37,841
8,309
136
Let's say there are two people looking to buy a certain video card in a certain eBay auction, Bob and a guy named Fred.

Bob and Fred are both willing to pay $100 for the card. The auction is at $50 with no bids.


Scenario 1: Fred, the inexperienced eBayer who likes to overpay, quickly spots the auction and bids $100 so he'll be done with it. Minutes before the auction ends the price is still $50. Fred thinks he's going to get the video card for $50. Now it's Bob's turn to try and snipe. He bids first $60, then $70, then $80, then $90, then $100 but still doesn't have the card. Bob gives up and Fred wins the card for his maximum price $100.

Scenario 2: Both buyers silently watch the auction that remains with no bids until the last few minutes. Both are unaware that someone else is trying to get this item so with 20 seconds left, Bob bids the minimum $50 on the auction, assuming no one else is going to bid. Fred, with his fast reliable cable connection, quickly notices this bid with only 15 seconds left. With only one chance at bidding, Fred bids $100 (like he did in the last auction). He gets his bid in with 5 seconds left and is in the leading bidder with a cost of $51. Bob has no time to react and Fred wins teh video card for $51.
Yeah, so, both these scenarios were stupid. You just wait until the last few seconds, put in the most you're willing to pay and confirm your bid, don't consider another strategy as long as you can make the scene. In scenario 2, Bob should have made his first bid at $100, not $50. If there were no other bidders he still would have won the item at $50. By only entering $50 on his bid he took the chance of losing the item when he could have won it at a price he was willing to pay. I've thought all this through, been there done that, I know the score.
 

ader098

Member
Mar 9, 2010
99
3
66
Wow, just seen a used item sell for 216.68 when Amazon has it new for $209.95 plus free shipping.
LOL
 

Muse

Lifer
Jul 11, 2001
37,841
8,309
136
Wow, just seen a used item sell for 216.68 when Amazon has it new for $209.95 plus free shipping.
LOL

That kind of think happens all the time on ebay. People just don't check. I always look around before going for something, well usually. I'm not completely methodical. I don't always search ebay before buying something at amazon. In terms of retail, Amazon is very often the best option, however not always by any means! The way the world works, you will always wind up paying more in the long run if you don't comparison shop.
 

Nebor

Lifer
Jun 24, 2003
29,582
12
76
I put in what I'm willing to pay as a max bid and leave it. Then I either win it or I don't, and either pay as much as the item is worth to me or less. The time and fretting aren't worth doing otherwise, and my notions of fairness preclude the use of "sniping" programs.
 

0roo0roo

No Lifer
Sep 21, 2002
64,862
84
91
lol necro.

depends how desperate to win, if you throw out a number and walk away and don't care then its fine, it saves time.
 

Muse

Lifer
Jul 11, 2001
37,841
8,309
136
I put in what I'm willing to pay as a max bid and leave it. Then I either win it or I don't, and either pay as much as the item is worth to me or less. The time and fretting aren't worth doing otherwise, and my notions of fairness preclude the use of "sniping" programs.

This is what I do, however I wait until the last moment when I can. It tends to ward off bidding wars and I figure my odds of getting it and at the best price are maximized using this technique.

I guess I've heard of sniping programs but I've never researched them. I suppose someone might have a program that would outbid me in the last 2 seconds if I hit confirm at zero minus 5 seconds, and maybe it happens. Yeah, that seems pretty crafty and I'd never engage in those shenanigans. I kind of doubt that happens a lot, that sort of thing doesn't seem to happen to me. Actually, I haven't tried sniping anything in quite a while. Most of the stuff I get on ebay these days is Buy it Now.
 

caddlad

Golden Member
Jan 14, 2002
1,248
0
0
The way the world works, you will always wind up paying more in the long run if you don't comparison shop.

Sniping programs FTW. I dont have time to helicopter an eBay item. Set in your max, go to woik and drop the hammer 7 seconds out. If I lose it's because someone else valued the item more.

Luv the necro tho.
 
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BUTCH1

Lifer
Jul 15, 2000
20,433
1,769
126
I think it's dumb to start an auction at $1 anyway. I started all of my auctions at about 50% of what I expected. If I sell a video card worth $100, I start the auction at $50. No dork is going to get my card for $1. lol

I've never seen a "Buy it now" price that was even moderately competitive. Like Mr. T used to say "I pity da fool" who buys it now.

BIN is very useful for smaller items IMO, I've used it a lot and a lot of people don't want to wait 4-5 days to see if they've won an item, that only adds to the time it takes to get it if you win it at all..
 

Muse

Lifer
Jul 11, 2001
37,841
8,309
136
Sniping programs FTW. I dont have time to helicopter an eBay item. Set in your max, go to woik and drop the hammer 7 seconds out. If I lose it's because someone else valued the item more.

Luv the necro tho.

I like ebay, auctions and especially BIN. Ebay and Amazon are my two favorite shopping stops on the net. Google comes up with a lot of things and places to get them. I hit pricegrabber.com, it often finds me a better deal than I otherwise know of. There's probably better ways to find them, I haven't found a deal finding site that stands out recently. Maybe they've all succumbed to bribes from their sponsors.
 

SP33Demon

Lifer
Jun 22, 2001
27,929
142
106
Sniping programs FTW. I dont have time to helicopter an eBay item. Set in your max, go to woik and drop the hammer 7 seconds out. If I lose it's because someone else valued the item more.

Luv the necro tho.

Yep, this. I've lost snipes, but at least I didn't feed the hype machine to drive the price up.
 
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