However, 4 times out of 5, there's always someone who places their proxy maximum bid clearly much higher than me, and probably 10x the actual value of the item. Keep in mind that you will have to provide your eBay login info to these services, but it will save you from having to do the work yourself. This tactic is used to try to prevent other bidders from having a chance to place a higher bid before the auction ends. Now everyone knows about sniping, and it’s pretty much an accepted bidding method. See More Best Ebay Snipers: 10 Sniping Services You Can Use. I love your last point. The practice you wish to curtail, is the practice of bidding. You'll be better prepared to make decisions in the crucial last seconds of the auction; Tip If you are immediately outbid, someone else has placed a maximum bid higher than your current bid. bryanps from Australia on February 24, 2011: those are really sound advice. Naturally these two goals are mutually exclusive, but this does not make my goal, to pay less, unfair or unethical. You win it, you own it! Emma (author) from Boston on July 03, 2010: MacGruber, I'm sure there is some shill bidding that takes place, but most savvy Ebay bidders always bid last minute manually or use a sniping program to do it for them. hope this help every one get good wins! A seller's goal is to sell the item at the highest possible price. Interesting and useful for me. A 'last minute' bidder bid far too early in my book. TERRYTIBBS from Milton Keynes, U.K on March 16, 2011: The only problem with watching an item with the intention of sniping right at the end is that sometimes sellers end the auction early and you can miss out on an item you really wanted. Number of bids and bid amounts may be slightly out of date. My strategy is similar to your actually but the only difference is i use a time to keep up with the bid clock. You should have already researched the item and figured out its value. American If it’s taking up too much of your life or an item costs too much, be willing to walk away — or log off — and return to bid another day. Remember, sniping is a game. It's rather subjective. I'm not one to complain, but items I've often really wanted have been snapped in the dying seconds by someone who's proxy's are in the thousands. Ebay won't let you bid in the last seconds of an Auction, they block your bid. Interesting advice and comments and I suspect the Proxy v Snipe debate will carry on for ever! Simply due to human psychology, showing interest in an item can spark interest in other bidders who might otherwise have remained neutral over the particular item's desirability and therefore passed it by. RolyRetro from Brentwood, Essex, UK on April 13, 2012: I use the Auctionsniper site, you can import all of your watched items and set a maximum price, and how many seconds before the end you want to place your bid. If your Internet connection is slow, make your bid within the final two minutes before the auction ends. Have friends are relatives bid on the same item. kartbahnfan from Dusiburg, Germany on May 24, 2010: hm, that's probably nothing for me, good introduction for newbiews though! In the last 15 minutes of an auction you've bid on in the past, you can instantly bid one increment higher than the current bid by clicking the "1-Click Bid" button. i haven't won many auctions! ive never been on ebay before should i use this techingue to????????????????????? Bid During the Last Minute. I've lost items before because i was either not logged in lol or because my reminder on my phone would come up and i will snooze it for an extra 4 mins and forgot about it. The crossword clue 'Make a last-moment eBay bid' published 1 time⁄s and has 1 unique answer⁄s on our system. Most seller would send me messages saying i was wrong for doing so but honestly who wants to pay extra. Emma has been placing winning bids on eBay for years. The reason why is most people bid incrementally, gradually increasing their bids as they sit there and figure out just how badly they want the item. The only way to snipe effectively is to do it manually. Sherry Hewins from Sierra Foothills, CA on July 19, 2012: Sniping makes for some heart-pounding action. Once you win an item in a group, BidSlammer will cancel bidding for the remaining snipes in that group. I have managed to place a bid on the last 10 seconds through my phone app, it makes it easier and quicker. The only way you can beat a bid already placed is to bid higher. 2 min article; Tips for winning auctions. and 2) Another buyer makes an offer to the seller to end the auction early for a guarenteed sum of money and due to the reasons detailed in "1)" the seller accepts. When I was using Ebay regularly I won tons of auctions using it. It was just 5 days ago that Island Echo first reported on the bizarre twist of events of the Compton monolith, which was listed on eBay with a starting bid of just 99p. She teaches eBay newcomers the basics at conferences and in numerous television and radio interviews. How to Outbid the Competition at the Last Minute in…, How to Use HTML to Give Your eBay About Me…, How to Ship Your eBay Item with Federal Express. The sniping technique keeps you from unnecessarily driving up the price of an item by only placing your bid at the last minute. Here we study the second-price auctions run by eBay and Am- Some bidders get a little carried away with auction. But remember, you’ll have to pay the piper later. Test it a few times until you know how many seconds you have to spare when placing a bid. Before you start sniping, figure out how long it takes to get your bid confirmed on eBay. Although it's a risky strategy for these "forced-bidders", they seldom run across each other it seems. They've just driven up your bid. Yes, if you sniped at a Million Dollars for a pair of jeans chances are you will win the auction at, say, $5 above the highest bidder. I never use snipeing. Retracting a bid. So I have no qualms at all about sniping - it's a part of the process that was deliberately 'designed in' from the beginning. Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet ByALVINE.ROTHANDAXELOCKENFELS* Auctions on the Internet provide a new source of data on how bidding is in‘ uenced by the detailed rules of the auction. Last-minute bidding in eBay charity auctions. Sniping (doesn't matter which auction site: Howrse is similar to eBay I imagine) doesn't work for those on dial-up because by the time you 'swoop' in, the auction is probably going to end, no matter how much time you allow for the page to load. The sniping technique keeps you from unnecessarily driving up the price of an item by only placing your bid at the last minute. eBay uses a proxy bidding system, you may bid as high as you wish, but the current bid that is registered will only be a small increment above the next lowest bid. This happened to me twice, the last 10 to 15 seconds of the auction I bid and a screen pops up and say you have to bid one of these amounts, by the time you do that the auction is over. "I just gotta have it!". She was among eBay's first PowerSellers and has made eBay a full-time business for 12 years. Will definitely try it out next time I'm around on ebay. Especially sticking in your maximum bid near the end rather than nibbling. I thought that was the only way how you can win an auction. luxembourgkid from Luxembourg, Europe on December 11, 2010: Very nice indeed. Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet ByALVINE.ROTHANDAXELOCKENFELS* Auctions on the Internet provide a new source of data on how bidding is in‘ uenced by the detailed rules of the auction. There is another dimension to all this, often overlooked by writers when they champion their favourite on-line auction strategy. Automatic bidding is the easiest way to bid on an eBay auction. Here we study the second-price auctions run by eBay and Am- So maybe if this trend continues, auctioned items will be easier to buy! 2) The early bid by the proxy out-trumps a same-bid by the sniper AND even a close-higher snipe if the snipe does not meet the next increment, which on higher priced items is going to be £5 or even £10 a pop. It's pretty nerve wracking on the seller's part too. This can be done manually, by software on the bidder's computer, or by an online sniping service. … Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet By ALVIN E. ROTH AND AXEL OCKENFELS* Auctions on the Internet provide a new source of data on how bidding is influenced by the detailed rules of the auction. you can also use programs such as auction sniper to do the bidding for you. “Bid Sniping (last minute bidding). With many bids coming in the final seconds, your bid might be the last one eBay records. I thought he would have a heart attack. Thank you so much for this information!GREAT idea to buy something in less price .thanx once agin great hub! To put it as simply as possible, the tactics to use (Proxy or Snipe) are relative to the Providence and Market Value of the item. Here's her sniping strategy for winning with the lowest bid possible. One of you will end up paying an outrageously high price. All the auctions where I put a bid earlier, a few days or so before the end of the auction, I always lost the auction. If there is any such thing as a golden rule on ebay its "Only Bid What You Can Afford and Want to Pay for an Item". If his maximum beats mine, even if I swoop in at the last minute, he will still win the auction. Use tools to bag overlooked items. Often sellers start auctions at 99p or less, hoping a bidding war … And then in the last minute the highest bid of the other bidder is revealed, because my bid will automatically be 50 cents more. And sometimes that is higher than I expected... Great sensible advice! I will leave the bid page on in the browser with my maximum bid and just leave it sit there while i monitor it in my other computer and see what the bids are and, it sort of give me and estimate of how much extra to add to win. Here we study the second-price auctions run by eBay and Am- You also can see instantly whether anyone else is doing any last-minute bidding. If you place your maximum bid up front, it should be unnecessary to place another one. You also can see instantly whether anyone else is doing any last-minute bidding. wow, the things you learn on hubpages, e.bay is great if you know how to work it your advantage. Some bidders, however, are upset when they lose to a sniper, but the fact is, the high bidder wins in any auction, whether you’re sniping or using the automatic bid system. However, your idea of outrageously high may be someone else's market value. Marsha Collier is the undisputed eBay expert, with more than a million copies of her bestselling books in print. This will give you sufficient time to change your bid if you need to beat out a late bid (by using the other browser, which is set on the "enter bid" page). This not allowed on ebay. However, this structure has been shown to display reactive bids, such as last-minute bids [53] [54][55]. Each group will execute only one eBay snipe. I'm a smart buyer, and unfortunately have to resort to sniping to prevent "bidding fever". If if it doesn't then how many times have we seen items suddenly declared 'no longer available' because an irritated seller pulls it when there is no early activity. But if you want to avoid trigger higher bids (which in the heat of the moment can go very high), all you have to beat is the human reaction time. And if they reject it and tell you they will let the auction run then you can just wait and snipe! 2 min article Great hub. I dont use ebay but i will definitely try these steps and use to buy something on ebay. 1) The Sniper will of course know a proxy is running and will have tested for it, but he still has to best-guess the Proxy-max and could fall foul of his own tactics by sniping only to be sniped back by the proxy with even less time to respond, or more likely, no time to respond! In closing, I would also like to add that proxy bidding is fairer to sellers and lets face it, without them there would be no eBay! If you decide to use proxy bidding to manage your eBay bids, you will generally wind up paying more for the item if there is anyone else interested in winning that item. Analysis of Bidding Rules on eBay: This page explains why last minute bidding on eBay (called sniping) is the best strategy for buyers, and also why sniping is the most civilized and polite way to shop. A sniper's goal is to win the auction at the lowest possible price. And why am I complaining and not doing the same? Use the other to view other snipers or last-minute bid changes (by hitting reload). We keep it simple: you tell us what you want to win, and we snipe eBay for you. 0 results for last minute bids Save last minute bids to get e-mail alerts and updates on your eBay Feed. If they see that you are, then they may wander off and never come back to that auction at all—but they've just driven up your bid and therefore the final cost of your item. I normally enter a snipe bid 50 seconds before the auction ends. Last minute [seconds] bid gives others no time to re-bid but the earlier you place your max, the more time others have to nibble at it. Let me explain why. Check out 'Newsday.com' answers for TODAY! You won, congratulations! Other members may be using the same tactic, could have set up automatic bidding , or may simply react quickly and place a higher bid before the auction ends. Always add a few cents/pence to your max - £23.77 rather than £23.00. Last minute [seconds] bid gives others no time to re-bid but the earlier you place your max, the more time others have to nibble at it. For another thing, last minute bidding often forces sellers to sell items for less than what they would like. il deffo use these tips cuz im rubbish with Ebay most the time! There is nothing a seller likes more than to see a several day long bidding war at the expense of several bidders. Very Nice work! If you’re losing sleep, barking at your cat, or biting your nails over an item, rethink what you’re doing. This allows you to spread multiple bids around for common snipes to get the best price. Cancel bids with no penalty up to 5 minutes before the end of the auction ; Make last-moment bids while you're asleep or at work ; Avoid gut-churning bidding wars Raise your bid only to the level where you’re sure you’re getting a good return on your investment; don’t go overboard. This paper examines the differences in last minutes bidding behaviour between eBay and Amazon. I hear the argument about bidding early just allows tinkers to nudge an early bid up and up, but I do believe that is going to happen anyway, whether you are involved or not. I usually snipe (without software) in the last 3 seconds, but usually fail cos of these "risk-takers". Guess that was just far-fetched. Hang out on the auction page and wait for just before the end of the auction. Linda Tadlock from Atlanta on March 08, 2011: I've never tried selling or buying on Ebay before but it's good to know more on bidding. Should help. The only ones which I won, were the ones where I placed my bid in the last minute. Sometimes someone will place a bid just to have one in there because they liked the item when they saw it, but they won't follow up on it. Auction sniping, the process of placing bids at the very last moment of an auction, is an (often unduly) controversial topic on eBay.Though there are groups of buyers and sellers alike that advocate sniping, and competing groups of buyers and sellers that are sure it’s a kind of cheating, most of the eBay community pays sniping little heed. Bidding early basically tips your hand by indicating your interest in an item. Unfollow last minute bids to stop getting updates on your eBay Feed. This page was last updated: 05-Dec 03:11. I have engaged in many reverse auctions where the window is extended multiple times, thus driving the price even lower. By reloading the item continually, you’ll be aware when you’re in the last 60 seconds of bidding. Don’t lose heart if you lose the auction. Other bidders may be using the automatic bidding system. Adjust the amount of the bid as high as you feel comfortable so that you can beat out the competition. 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