on 26-07-2013 9:19 PM
please can someone tell me the secret to winning the bidding, is there a formula that you can put in beforehand? i get outbid everytime even though i do it at the last second .... is it just bad luck or is there something i should know! Answers greatfully recieived.
on 02-02-2014 4:11 PM
on 26-07-2013 9:39 PM
Don't bid round amounts.
E.g., if you're prepared to spend up to £20, then bid £20.13 Ending with a few odd pennies can help you win.
on 26-07-2013 9:27 PM
It is the highest bid that always wins, not the latest.
If you are being outbid, then someone else values the item more than you and has bid more money.
Always bid your maximum as late as you can, you might even get some change back.
Also have a look on Google for auction sniper software
on 26-07-2013 9:37 PM
You are being outbid most likely by a sniper.
It workes like this.
Say an item is sitting at £20.00
To you it is worth £45.00, to me it is worth £100.00
So you place your bid of 45
I wait until seconds before the auction ends, and place my bid off 100
You are outbid, and have no time to place another bid
Whereas, I may end up paying 100 for the item, or I may get it for less, depending on who else bids and how much they bid
on 26-07-2013 9:47 PM
Ebay is not like an auction house where you bid against the next guy, upping your bid as you go until one of you drops out and there is a winner.
Because ebay have a set finish time, you need to decide how much you want to pay, the absolute maximum, not the I might bid higher max.
You then place that bid. (plus a few pennies in case someone else has the same top bid)
A lot of people wait until as close to the end as they dare or use a snipe site.
The highest of these bids will win, which is not necessarily the last bid placed as Ebay will bid for you until you are either outbid or you win the item.
If you are being outbid you are not bidding high enough, highest bid wins, no matter when it was placed.
on 26-07-2013 9:32 PM
If an item is popular you are very unlikely to win just by bidding one increment above the current highest bid.
Place your maximum bid within the last few seconds (less than 5 seconds and your bid may not get fully recognised). Either do it manually or use a sniping tool.