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LuxeSwap - Official Affiliate Thread - Page 809

post #12121 of 14672
Thread Starter 
Quote:
Originally Posted by brokencycle View Post

I'M THE HIGH BIDDER ON SOMETHING (AND NOT JUST THAT SHEARLING COAT)


icon_gu_b_slayer[1].gif

I'm curious! Don't tell me.
post #12122 of 14672

Outbid.  I flew too close to the sun.

post #12123 of 14672

There better be some shirts in 39/40 with smaller shoulder widths :fu: :fu: :censored: :brick:

post #12124 of 14672
Thread Starter 
Quote:
Originally Posted by IChen View Post

There better be some shirts in 39/40 with smaller shoulder widths ffffuuuu.gif  ffffuuuu.gif  censored.gif  baldy%5B1%5D.gif

30 kiton
25 attolini
30 borrelli
10 barba
more….
post #12125 of 14672
Thread Starter 
post #12126 of 14672
Quote:
Originally Posted by brokencycle View Post
 

Outbid.  I flew too close to the sun.

 

Sniping, man, sniping.

 

Don't pre-bid - just bide your time, keep your powder dry, and then put in your one-and-only bid at the end. Bid the max that you're prepared to pay and that's it.

post #12127 of 14672
Quote:
Originally Posted by Journeyman View Post
 

 

Sniping, man, sniping.

 

Don't pre-bid - just bide your time, keep your powder dry, and then put in your one-and-only bid at the end. Bid the max that you're prepared to pay and that's it.

This. All day. Every time.

 

Google for eBay bid strategies if you want to read academic papers about why.

post #12128 of 14672
Quote:
Originally Posted by Journeyman View Post
 
Quote:
Originally Posted by brokencycle View Post
 

Outbid.  I flew too close to the sun.

 

Sniping, man, sniping.

 

Don't pre-bid - just bide your time, keep your powder dry, and then put in your one-and-only bid at the end. Bid the max that you're prepared to pay and that's it.

 

Or do the next best thing:  bid earlier but bid your max and let the Ebay proxy software do its job.

 

I must say that some of the nibbling I've seen in Luxeswap auctions has been really amusing, sometimes running to more than 20 bids on an item by the same bidder.  :crackup:

 

Cheers,

 

Ac  :)

post #12129 of 14672

20 bids by the same bidder? lol :lol::rotflmao:

post #12130 of 14672
Quote:
Originally Posted by Academic2 View Post
 

 

Or do the next best thing:  bid earlier but bid your max and let the Ebay proxy software do its job.

 

 

You can, but it doesn't work as well as sniping.


If you bid your max amount early, then you will unfortunately get some imbeciles who will keep on bidding, bidding, bidding to find out what your max bid is so that they can then bid a bit more than it.

 

This has one of two results - either they give up before they reach your max bid amount, but they've driven up the price considerably, or they end up bidding more than you and you then have to decide whether to increase your bid or whether to give up on the item. If the item still has a few days to run, the temptation to bid more (even though you'd previously decided what your max bid was going to be) will be strong and may prove very hard to resist.

 

Sniping - bidding your max at the last minute - is much more effective because it prevents "bidding up" (which is bad for the seller but good for the buyer, as it keeps prices down) and it also prevents you from succumbing to the temptation of upping your bid as you don't have time to do so.

post #12131 of 14672
Quote:
Originally Posted by Journeyman View Post
 
Quote:
Originally Posted by Academic2 View Post
 

 

Or do the next best thing:  bid earlier but bid your max and let the Ebay proxy software do its job.

 

 

You can, but it doesn't work as well as sniping.


If you bid your max amount early, then you will unfortunately get some imbeciles who will keep on bidding, bidding, bidding to find out what your max bid is so that they can then bid a bit more than it.

 

This has one of two results - either they give up before they reach your max bid amount, but they've driven up the price considerably, or they end up bidding more than you and you then have to decide whether to increase your bid or whether to give up on the item. If the item still has a few days to run, the temptation to bid more (even though you'd previously decided what your max bid was going to be) will be strong and may prove very hard to resist.

 

Sniping - bidding your max at the last minute - is much more effective because it prevents "bidding up" (which is bad for the seller but good for the buyer, as it keeps prices down) and it also prevents you from succumbing to the temptation of upping your bid as you don't have time to do so.

 

I know all this.  That's why I said it was second best.  :)

 

Cheers,

 

Ac

post #12132 of 14672
Thread Starter 
this also gives me anxiety every Sunday night.
post #12133 of 14672
Quote:
Originally Posted by SpooPoker View Post


30 kiton
25 attolini
30 borrelli
10 barba
more….

Made me think of...

 

Warning: Spoiler! (Click to show)

 

Thank you for another round of awesome auction results!  

post #12134 of 14672
Thread Starter 
Quote:
Originally Posted by ASNY2VA View Post


Thank you for another round of awesome auction results!  

You killed it tonight.
post #12135 of 14672
Quote:
Originally Posted by Journeyman View Post
 

 

Sniping, man, sniping.

 

Don't pre-bid - just bide your time, keep your powder dry, and then put in your one-and-only bid at the end. Bid the max that you're prepared to pay and that's it.

 

 

Quote:
Originally Posted by masaccio View Post
 

This. All day. Every time.

 

Google for eBay bid strategies if you want to read academic papers about why.

 

 

Quote:
Originally Posted by Academic2 View Post
 

 

Or do the next best thing:  bid earlier but bid your max and let the Ebay proxy software do its job.

 

I must say that some of the nibbling I've seen in Luxeswap auctions has been really amusing, sometimes running to more than 20 bids on an item by the same bidder.  :crackup:

 

Cheers,

 

Ac  :)

 

First of all, I bid my max - what the item was worth to me, so sniping or anything else wouldn't have mattered.  While I would be interested in academic papers that show that sniping somehow yields a lower purchase price, I find it hard to believe because almost every well-designed auction type yields very similar final prices.

 

The idea is that bidding early shows to other potential bidders that there is value in the item.    The problem to the theory is Spoo's auctions are already followed by a lot of clothing aficionados who know what an item is worth.  In this particular case there were already 8 or 9 bids when I placed my bid this afternoon.  I bid $45, the winning bid was almost twice that.

 

I have used snipers in the past, but I have found no correlation with lower winning bids.

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