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Ebay strategies - Page 3

post #31 of 38
My apologies if you've heard this rant of mine before. But I'd greatly appreciate a comment from anyone who knows about the inner workings of eBay. Why don't they. . . prolong the auction as long as bids of a certain size are being made with an approved frequency? For example, a garment is about to go for $300. The initial posted deadline passes. If anyone wants to bid at least 10% more, he or she has a minute in which to do so. A $330 minimum bid comes in. Then anyone who wishes to make a higher bid has one minute in which to bid a minimum of $363. And so on, until there are no more bids. Why wouldn't this work? And if eBay were to charge the seller a percentage of the final price, wouldn't this procedure generate much more income for eBay? Mike
post #32 of 38
Quote:
.  Why don't they. . . prolong the auction as long as bids of a certain size are being made with an approved frequency?   .  Then anyone who wishes to make a higher bid has one minute in which to bid a minimum of $363.  And so on, until there are no more bids.
as a frequent bidder and buyer on ebay i like to know that when THE AUCTION IS OVER IT'S OVER.. BIDDERS SHOULD BID ON TIME AND THE PRICE THEY'RE WILLING TO PAY..CAN'T ALWAYS STEAL ON EBAY..BE HAPPY WITH A GOOD BUY
post #33 of 38
Mike, good to see you back. You've not been around for awhile.
post #34 of 38
I've been selling on eBay for a while, and the $1 starting price pretty much always works to generate more bidding interest. Reserve pricing sucks, as it puts an artificial barrier in place for the person bidding ("I have no idea how much I have to pay to win this, so screw it.") I routinely sell $1000+ items for $1 starting, and people ALWAYS bid it up because of the opportunity for a bargain. The large number of bids I receive helps to froth up the bidders' frenzy in general, and the prices always seem to come out right. It's worth the risk, in my mind. The guy selling the 50 Belvest jackets was an idiot -- you can't flood the market with an item that has a fairly limited amount of interest around it, as it keeps prices down (hello, supply and demand.) If he had done 1-2 at a time at $1 starting, I bet he would have done well... -s
post #35 of 38
What do people think about what the auction looks like? A lot of sellers have well very professional selling pages and i never do this, due to time and i only sell every so often are people more likely to buy from the professional page such as this auction http://cgi.ebay.com/ws....65&rd=1 compared to my auction that looks like http://cgi.ebay.com/ws....58&rd=1 sorry don't mean any shameless promotion but couldn't find another auction that wasn't as professional and gave decent information
post #36 of 38
The more information your auction has, the higher the bidding will go. It's that simple. On the other hand, I'll often take a risk on auctions with low amounts of info if the seller has a good track record -- because others are reluctant to bid without lots of data, that's often where you find the best deals.
post #37 of 38
If the measurements are there and there are at least a decent number of pics I'll bid, assuming excellent feedback ratings. Having a very nice auction doesn't necessarily mean I'll bid any more since it's worth what it's worth. A nice auction does say that the seller is professional and likely not going to screw me over. It's very true that some that put up lousy auctions result in steals so it's not that big a turnoff. I pretty much ignore auctions without the measurements - it's too much of a pain to email them asking about measurements all the time.
post #38 of 38
New to board and my first post. I have been very successful of late on eBay with auctionstealer.com. I do think sniping is often the only way of getting the best items. It only failed me once. I also find the strategy works to avoid auction euphoria which results in overbidding. I decide what I am willing to pay for an item and that would be my top bid. I have generally been buying Zegna and Canali suits and jackets, with an occasional pair of Zanella slacks. Also would be very interested in preferred eBay vendors. I have found several who have good merchandise with equally good service. Ned Soltz
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