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A few days ago, I got an interesting eMail from a new eBay user asking whats the best strategy for bidding and keeping track of items of interest. Over the years, this has been blogged about by many users and discussed numerous times.
My general view is and always has been to do two simple basic things, in this order.
- 1st Watchlist. Put the item on your Watch List First, always FIRST. (get Watchlist reminders)
- 2nd Place a Bid Next immediately leave a bid, just a very small bid to get on eBay's radar as an active bidder. (get outbid and ending soon reminders)
By having it on your watch list AND having placed a bid, it enables all of eBay's notification systems in your favor. Getting two-pronged reminders you run a much smaller chance of forgetting and losing out. If you leave the BID FIRST, the Watchlist add-on option disappears automatically.
You can leave your final bid anytime, I must say leaving a final bid right off the bat can be as successful as waiting for the last 10 seconds. Though, leaving slightly less than your max bid and then coming back can also work in some instances.
After putting the item on the WATCHLIST, another technique many swear by is called "Nibbling", bid in modest increments until you're the winning bidder, then just keep coming back as soon as you're outbid and repeating the process. Then leaving your biggest bid towards the end.
So, what do you do?
Peter
Hi Peter,
my strategy is a different one. Of course I watch the article, but I don't bid until the last 4 seconds. It is not necessary to show the other bidders before that someone else is interested. Then I offer quite a high amount (the maximum I am willing to pay), sometimes with the assistance of a sniper. I have won many auctions in this way and never overpaid, since I don't get into the "bidding fever". As I am only interested in a piece once in a while there's no danger that I forget bidding.
Best regards
Shinigami
Birgit
Hi,
I have discovered that I rarely bid on anything I put on my ebay watch list. Either because it lets me know too early that the auction is ending, so I miss the end, or because maybe I am simply more interested in watching the progress of something, than in actually buying it, but in a way, both those reasons are the same, aren't they.
To be honest, I haven't bid on ebay for a while, but I find now that when I do bid online, or indeed in person, a late bid is my preferred strategy. Maybe not as late as Shinigami, though, as I would probably mess that up. 🙂
Best wishes,
Julia
Like every one else, I watch for most of the time. About twenty four hours before closing I’ll post a bid well under my low end limit but high enough to see if there are automatic bids. A few hours before ending i’ll Post my low limit, this allowed me to see how high the auto bid goes. If I am still the winner, I’ll let it ride, if not a few minutes before the auction end I post my highest bid and hope for the best. Some times I get sniped (maybe by Shinigami ?) other times not. One hing about Ebay, there will always be another item I like.
I do almost the same way like @Shinigami, but I get 6 seconds more. ?
www.wyssemaria-art.com
[email protected]
If you want to win items at the lowest prices on eBay auctions, you need to simply only bid a few seconds from the end (snipe). - I appreciate this is not at all in the best interests of the seller, but is the best strategy I have found as a buyer... sorry sellers ?
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A free Asian art discussion board and Asian art message board for dealers and collectors of art and antiques from China, Japan, Korea, Thailand, Cambodia, Vietnam and the rest of Asia. Linked to all of the BidAmount Asian art reference areas, with videos from plcombs Asian Art and Bidamount on YouTube. Sign up also for the weekly BidAmount newsletter and catalogs of active eBay listing of Chinese porcelain, bronze, jades, robes, and paintings.
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