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LuxeSwap - Official Affiliate Thread - Page 810

post #12136 of 15279
Quote:
Originally Posted by brokencycle View Post

 

 

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.

 

 

Obviously, the situation will differ depending upon the item.

 

However, in general, if you bid early, you indicate to others that you value an item and you indicate the value that the item has to you (your max bid amount). Some (thankfully not all) people will try to establish your max bid amount by placing incremental bid after incremental bid so as to find out what the current max bid amount is. This pushes up the price. Unfortunately, given human psychology, people are affected by what other people will pay for an item - it's well established that if an item is more expensive, a reasonable percentage of people will actually perceive it as being more desirable. The auction structure also inspires our competitive spirit - people want to win and so they bid more.

 

Therefore, bidding early - even though you may decide to simply bid your max amount and then bow out without bidding further at all - can influence the bidding behaviour of others. It can push up the price so that the max bid amount is higher than your max bid amount.

 

Now, it may well be that the bid that won the item was always going to be higher than your max bid, but it's also the case that by putting in your max bid early, you can drive up the price as other buyers strive to beat your max bid and that can then push up the amount that other people bid for the item. If you snipe, though, it means that other people don't have a chance to find out your bid and react to it and so they may, therefore, not bid as much as they may otherwise have bid had they known that your bid was $X.

 

TL/DR - I still think that it's best to snipe at the last minute as I think that it tends to keep prices down and keeps other people from knowing about your max bid amount.

post #12137 of 15279
Quote:
Originally Posted by SpooPoker View Post

the suspense is terrible.

I hope it will last.

 

I see what you did there.

Quote:
Originally Posted by SpooPoker View Post


Be careful now, Augustus. You may fall in.

Now your just hitting us over the head with it!

post #12138 of 15279
Just read over the discussion about bidding strategies ...

My unsolicited two cents is that when you have a seller who generates as much traffic as Spoo does, nothing really matters ... sniping, early max, bid, etc.

I think there could be merit on not bidding until near the end if the seller is a total random who doesn't get much traffic. That way, maybe the other one or two people interested in the item don't know there's a lurker.

But yeah ... I think Spoo's page sort of renders all this irrelevant because there are so many people who see these items and also know the schedule of when auctions get posted and when they end - that part also makes a really big difference.
post #12139 of 15279
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post #12140 of 15279
Quote:
Originally Posted by SpooPoker View Post


Quote:

Talk to me about this skirt. Measurements, please?
post #12141 of 15279
Thread Starter 
Quote:
Originally Posted by _AMD View Post

Quote:
Originally Posted by SpooPoker View Post


Talk to me about this skirt. Measurements, please?

Good taste. Its beautiful.

Across Waist 14.25"
Across Hips 20"
Length Total 23"
post #12142 of 15279
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post #12144 of 15279
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post #12145 of 15279
Whoever is selling the loud 46 Polo jackets: I like your style.
post #12146 of 15279
Hey Spoo,

What suit brands/designers have you been gravitating towards lately?
post #12147 of 15279

How's the sizing on the Huntsman 3pc?

post #12148 of 15279
Quote:
Originally Posted by NickCarraway View Post

How's the sizing on the Huntsman 3pc?

Yes spoo, what size is this... smile.gif let the possible pre-sale bidding war commence!!
post #12149 of 15279
Thread Starter 
Quote:
Originally Posted by sugarbutch View Post

Whoever is selling the loud 46 Polo jackets: I like your style.

Right! I had that white and blue one once. I miss it.
Quote:
Originally Posted by othertravel View Post

Hey Spoo,

What suit brands/designers have you been gravitating towards lately?

To wear or sell?
Quote:
Originally Posted by NickCarraway View Post

How's the sizing on the Huntsman 3pc?

Quote:
Originally Posted by Marc Voorhees View Post

Yes spoo, what size is this... smile.gif let the possible pre-sale bidding war commence!!

Pit to pit 24.5" vest 22"
Sleeves from shoulder seam 23.25"
Shoulder seams across 18.75" vest 13.5"
Across Waist 22.75"
Length from BOC 31" vest 22"
PANTS
Across Waist 17"
Across Hips 22.5"
Inseam 27.5"
Cuff height 0"
Extra material under cuff 2.75"
At cuff 9"
Rise 14.5"
post #12150 of 15279
Quote:
Originally Posted by sugarbutch View Post

Whoever is selling the loud 46 Polo jackets: I like your style.

 

A few of the items in the last photo set are from me.

 

True story: I bought the white with blue paisley PRL size L cotton blazer brand new, tried it on in store, and wore it exactly once to a beach wedding in FL late last year.  Total wear time, maybe 3 hours tops.

 

Hope I'm not killing the value by posting a "fit pic".  Hot arm candy not included, but definitely obtainable with a blazer like that!

 


Edited by TheNeedMachine - 3/16/16 at 7:33pm
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