Why do people nibble on ebay?
Code:
Member Id: random( 101) £11.00 04-Jul-11 22:52:13 BST
Member Id: o***5( 310) £10.50 05-Jul-11 06:37:24 BST
Member Id: o***5( 310) £8.50 05-Jul-11 06:37:03 BST
Member Id: o***5( 310) £4.50 05-Jul-11 06:36:04 BST
Member Id: o***5( 310) £3.50 05-Jul-11 06:35:43 BST
Member Id: o***5( 310) £2.30 05-Jul-11 06:35:21 BST
Member Id: o***5( 310) £1.90 05-Jul-11 06:34:57 BST
Member Id: o***5( 310) £1.50 05-Jul-11 06:34:12 BST
eBay isn't like a real Auction in that there is a fixed time limit.
In the above example random has placed a proxy bid of at least 11 quid (note the earlier time of their bid).
o***5 doesn't understand how to get the best out of ebay and is nibbling away a bid increment at a time. No doubt s/he will continue until they outbid random or time runs out.
Here's how to win on ebay:
Sign up for
Auctionsniper here
Set Auctionsniper to bid your max right at the end (this stops o***5 from bidding again as there's no more time!)
Sit back and let the software work for you.
Of course you can do without the software and just bid your max right at the end (some enjoy that) but if you're at work or it's 3 in the morning then the few cents it costs is worth it.
The other option is to nuclear bid - stick a huge bid in (say a million pounds) - you're bound to win but watch out for another bidder using the same tactic - that queen cage could prove expensive!
R2 (874
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