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Got sniped

On Ebay I'll place an initial first bid then wait and see what happens. If the bidding goes above what I'm willing to pay I drop out. If I think it's a good deal I wait until 20 seconds are left and place my maximum automatic bid. Sometimes you win, sometimes you don't. There'll always be something else you want anyway so losing an item is no reason to get upset. If I can ever get another Stanton 890 FS two cartridges with 4 stylus package in an unopened DJ box again for $70 again I'll be very happy.
 
on our local swiss auction site we have the "three minute law". If an item ends say by 12:00 and someone puts in a bid 10 seconds before the end, end time becomes 12:03, and so on and so on...

Sometimes you will see items ending 45 minutes after the original time because of this, it's fun to just watch an item go up and up. Why isn't e_bay doing this, it seems leaving it to the last second is just a matter of who has the fastest connection, or just luck...or the better sniping program ?
 
on our local swiss auction site we have the "three minute law"...

Yahoo Japan has a similar setup. I got into a bidding war with another buyer and it got real expensive. This type of system is very beneficial to the seller. If ebay went this route, I'd do very little purchasing.
 
in any auction, you should decide beforehand how much you are really wanting to spend for the item...
Wishful thinking...
 
You all do realize that shopgoodwill employs its OWN shill bidders to up the bidding on items right? Absolutely zero else explains what some of this stuff on their website goes for, especially the stuff that is *local pickup only" which should limit the number of bidders and thus the price, but always goes for way higher than it should.
And don't tell me about my aluminum foil hat or second shooter theories, anyone who's not an idiot can see that shopgoodwill is doing this.
 
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A while ago I learned how long it took for a bid to post on ebay.
I'd look at my atomic clock and bid at the very last chance to slip in a bid.

Far more successful than putting my highest bid in way before the auction ends.
 
Thanks for all the advice, input, opinion, .02 Cents and debate. I'm not really sad about the item, but I am happy I started a thread that has 4 pages. I learned somethings in this thread.
Thanks,
Beer
 
3 seconds seems to be my sweet spot, with my computer.
I usually have two screens/windows open, one for watching the timer countdown and one for entering the bid.
Manual sniping can be risky though, hit confirm bid a second or two too late and the item is gone, sold to someone else.
 
3 seconds seems to be my sweet spot, with my computer.
I usually have two screens/windows open, one for watching the timer countdown and one for entering the bid.
Manual sniping can be risky though, hit confirm bid a second or two too late and the item is gone, sold to someone else.

That's why I quit doing manual sniping, its too fraught with possible problems like slow internet connection, hiccup in ebay's website, wrong price entered, etc. etc. And the need to be up and at the computer (or device) at the very second the bid needs to go in is inconvenient at best, and downright difficult at worst.

As mentioned above, your best friend is a sniping service like Esnipe which I've used successfully for almost 8 years now. Simple, inexpensive, especially when you consider your time and the results if you are really interested in the item and able to bid appropriate and effective amounts. No sniping program is going to help you win if you cheap out on your bid, hoping against hope that no one has seen "your" item but you.

I never reveal my intentions on an item by bidding early. If I have a question, I ask the seller to not put it into the auction page Q&A (but seller has final say on that). Sniping also helps to avoid emotionally charged bidding within the last few minutes, and keeps your heart rate and blood pressure down.

As mentioned, sniping services really only cost a few cents to a few dollars depending on final value winning bid. Some of you mentioned you'd certainly pay a few more dollars if that bid was successful - IMO, the cost of a sniping service is trivial compared to the improvement in success rate, assuming you're bidding correctly.

Otherwise searching for the best BIN or make offer deal also can give you a very good price/performance return.
 
Bidding early may result in a bidding war. As a buyer I don't want to encourage that, so I use a sniping service. For common items I look for the most attractive BIN offer from a reputable seller.
 
I use esnipe all the time. I set it below my threshold of pain and it keeps me out of trouble. Yeah I lose a few but I experience no buyers remorse.

Good luck

Eric
 
Yahoo Japan has a similar setup. I got into a bidding war with another buyer and it got real expensive. This type of system is very beneficial to the seller. If ebay went this route, I'd do very little purchasing.

i'm with you. I bid for a cartridge last night on Yahoo Japan auction. Was supposed to end at 10:22 pm, went on until 10:45 pm because people (including me) kept bidding at the last minute. It was the first time I experienced this, and for a while I was wondering if the site was on the fritz. I won, but it was annoying sitting there until the very end waiting to see the outcome, especially since the price was just short of my maximum budget and I therefore had to wait it out. That sort of thing will definitely minimize my time on Yahoo Japan.

Having said that, got a hell of a deal on a Nagaoka MP-300 w/ SME headshell.
 
At the end of the day, its worth to you what its worth to you. Nobody wants to pay more than they have to. If you've been waiting for a while for something in particular and it comes up, you put in what is worth to you. Most of us know ballpark where these end. If you really want it Go high side. I'm sure more than a few of us have looked at an item and said if I can get this for X I'll buy it. On the other hand if you're looking for something specifically, and it goes in (let's say 50 dollar range). You keep on losing 5,10,20 bucks. Go 30-40 high. Your time and effort half to be worth something.
 
PS while I never jump in early. Nobody sees what your max bid ((not even the seller). So theoretically, if you put your last (highest bid )when listing starts, its pretty much the equivalent of sniping.
 
I do not trust ebay sellers enough to place my bids early. I found this out hard way that a lot of sellers (more than you probably think) place bids on their own auction using different accounts. You may think that's ridiculous, but it is very true afaik. I've seen it happen and heard sellers admit it. If a certain item is sitting at very low price and little time to go, they'll place a very large amount, win it, and relist it. I always bid my max with less than 10 seconds left.

I've heard this but wondered about it. It doesn't make sense. If I buy my own item, eBay gets 10%. A reserve would be cheaper.it might've made sense before eBay changed their policies. I don't know.
 
I always snipe. eBay is not like a real auction at all and the only way to be sure that you get what you want is to max bid at the last moment. If you bid and walk away then you get what you get. They should have a 30 second extension for every bid so people could fight it out if they wanted.

The 30 second extension is actually a really good idea,,,,,,,, imagine how much more money ebay could make in fees over all these years, and it allows sellers to get the last drop.

I never snipe per se, rather I place a bid once I am absolutely positive I want the item, then place a proxy bid for the MOST I am willing to pay. This way I never pay more than I want to pay and often times pay a lot less than I was willing to pay,,,,,, and I don't have to watch the end of the auction at weird hours.
 
One of the things I like most about sniping services is the ability to schedule a bid, but then come back later and cancel after I come to my senses... I often realize I don't NEED a twentieth pair of speakers or my stack of receivers is getting close to the ceiling!
 
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