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eBay

If you buy or sell items on eBay, you will find tips and advice on this forum.

Ebay novice - please advise me!

27 replies

doglover · 25/11/2006 22:16

I have just seen an item of furniture that I love and would be ideal in our playroom. Bidding ends on Wednesday; there's been one bid so far. Do I wait until nearly the end and then frantically tap in my bids?! I'd hate to lose out but the tactics of it all completely confuse me! Please help a hopeless case!

OP posts:
QuootiepiesBetterThanMincePies · 25/11/2006 22:20

lol, I bid once when I see it, then if im outbid, ill maybe bid abit later... then if im outbid again, I frantic bid at the end Do little steps, otherwise you get bumped right up.

hunkermunker · 25/11/2006 22:23

I'd watch it, then make sure you're there for when it ends and see if it flurries - if you bid as well, it bumps it up and reminds the other person about it, IMO and IME.

doglover · 25/11/2006 22:28

OK experts! I'll let you know how I go! It's all very nerve-wracking, isn't it?!

OP posts:
SoMuchToBits · 25/11/2006 22:29

This is my strategy:-

  1. Work out what is the maximum price you would really be willing to pay for the item.
  2. Wait until the last minute the item is due to end (I usually bid with about thirty seconds left)
  3. Then bid your maximum amount.

If anyone outbids you at that stage, it will be more than you were prepared to pay anyway. I usually win things I want, unless the price goes beyond what I would be happy paying.

IvortheEngine · 25/11/2006 22:35

Ditto SoMuchToBits. Good advice. I learnt the hard way of course, but am I bitter? No siree!

Nellie245 · 25/11/2006 22:40

This reply has been deleted

Message withdrawn at poster's request.

SoMuchToBits · 25/11/2006 22:52

LOL Nellie!Same if it's one of my items!

auntymandy · 25/11/2006 22:59

thats ok aslong as you can rely on your pc not to crash at the vital moment!!

sophy · 26/11/2006 10:13

I agree with somuchtobits best strategy

foxtrot · 26/11/2006 10:16

Open ebay in two separate windows, then you can keep 'refreshing' one window to keep an eye on the bidding, and have your maximum bid ready in the other window, to click on 'submit bid' in the last 30 seconds.

CantWaitForTheSnow · 26/11/2006 10:18

Very disapointed to see that so many people use the same strategy as me - I thought I was the only one !

My best (i.e. closest and still won) so far has been a bid with 3 seconds to spare. I'm still aiming for that 1 second to spare bid ...

SoMuchToBits · 26/11/2006 10:20

Well, I just hope I never want to bid on the same item as you, then!

wheresthehamster · 26/11/2006 10:37

Make your bid an odd amount e.g if current bid was £100 and you were willing to pay £105 make it something like £106.77 this will beat anyone who bid £105, £106, £106.01, £106.51 etc.

wheresthehamster · 26/11/2006 10:38

Although now I've given away my own strategy....

Beelliesebub · 26/11/2006 11:00

That's my strategy too, hammy. I find having a clock by the pc with a second hand on it helps immensely because you can gage when to press the "confirm bid" button. I must admit foxtrot I hadn't thought of opening two windows, one to check the bids and the other to bid.

FrannyandZooey · 26/11/2006 11:08

Quootie, your tactic is called "nibbling" and is a sure way to keep bumping the price up and up!

Doglover, work out the absolute maximum you would be willing to pay for this. Think hard about it. If you decide you would pay £100 - what if someone else bid £101? Would you say "oh damn I wish I had bid £102?" Keep mentally pushing your bid up until you absolutely would not pay another penny for this item.

Then go to www.vrane.com and place a "snipe" for this auction. You can sit and snipe manually by having 2 windows open as mentioned earlier, but that relies on you being at your computer at the end of an auction. Vrane will place the bid for you a few seconds before it finishes.

Always add on a few pence (like 27p or so) to your final maximum bid, to avoid missing out by a few pence. Bidding at the last minute avoids having your maximum nibbled up by people like Quootie , and bidding your maximum all in one go avoids shilling from the seller, and that awful feeling of getting outbid at the end when you realise you actually would have paid more.

There may well be other people sniping the item you are after - the only way to beat them is to bid your maximum right at the end. If they still outbid you - well, that's fine, isn't it? They were willing to pay more than you.

Hope this helps and that you get your item

wheresthehamster · 26/11/2006 11:09

Also make sure you've actually signed in.
I've had about 20 secs to go, pressed bid now and the sign in screen has come up.
Aaaaargh. Obviously lost item.

doglover · 26/11/2006 13:43

Just turned on the computer to read all your words of wisdom! Terrifying! Seriously, many, many thanks for sharing your tips with me..... I never knew you were such a clever lot!

OP posts:
helenhismadwife · 26/11/2006 15:29

oh no you all do the same as me

Its great when you win something with a last second bid

tamum · 26/11/2006 15:33

The maxim that's always quoted on the eBay discussion boards is the best- "bid once, bid late, bid your max". I use Vrane or Auctionsniper if it's looking like it's going to attract a lot of last minute bids, or it ends in the middle of the night, but with more and more people using tools like this you increasingly have to pay to get bids put in with only 10 seconds to go.

doglover · 29/11/2006 22:35

I won!!!!!!!!! Thanks everyone for your invaluable advice. I placed my max bid with one minute to go- very exciting!

OP posts:
BexieID · 30/11/2006 14:36

I usually just bid the max I want to pay when I find something I want. I have missed a few things because i've completely forgotten about them!

mcnoodle · 30/11/2006 14:45

I know I'm being dim, but if you bid your max, don't you pay your max, and therefore never get a bargain?

Piffle · 30/11/2006 14:45

if it's likely to be a pricey item, wait wait and wait

Piffle · 30/11/2006 14:46

no you do not always pay your max bid, it's calculated on what the underbidders last bid is

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