grrr! this sucks

bass76 · 09-08-2007, 01:43 AM

Quote:

Originally Posted by luckyedboy66

i noticed that, but why would you do that?

Why would you do it? So you win the auction! Normally people pick a round number as a max bid. If you pick a price that is a little MORE than what you think is a typical round number max bid, your chances of outbidding someone is higher. I explained it above but I'll do it again.

You want a VW guitar, let's say that the max you can afford to pay is $300. This is a very round number, and chances are that other people bidding on the guitar have chosen this ROUND number as their max. So you choose $301 or $300.50 or some UNrounded number like that. Just a little more than your typical max bid. Its the opposite of advertising. How many products have prices of one dollar or one cent less than a round number? The retailer wants $300 for something but they advertise it for $299.99. This sounds a lot cheaper than $300 yet its only one cent difference.

bass76 · 09-08-2007, 01:48 AM

Quote:

Originally Posted by paratwa

That has been in effect for years. I used to snipe on ebay all the time. I would wait until there was 15 sec left and try to snipe the item. It usually worked, unless someone had a higher bid set up in auto bid. I got a few emails from pissed off bidders, but thats the game!

I don't understand. Do they think you're being unfair?? Its slightly different to a real auction due to time being the ending factor rather than outpricing but like you said thats the game. If they really want something they need to get smart and put in a higher bid. People are funny and weird.

luckyedboy66 · 09-08-2007, 02:15 AM

Quote:

Originally Posted by bass76

Why would you do it? So you win the auction! Normally people pick a round number as a max bid. If you pick a price that is a little MORE than what you think is a typical round number max bid, your chances of outbidding someone is higher. I explained it above but I'll do it again.

You want a VW guitar, let's say that the max you can afford to pay is $300. This is a very round number, and chances are that other people bidding on the guitar have chosen this ROUND number as their max. So you choose $301 or $300.50 or some UNrounded number like that. Just a little more than your typical max bid. Its the opposite of advertising. How many products have prices of one dollar or one cent less than a round number? The retailer wants $300 for something but they advertise it for $299.99. This sounds a lot cheaper than $300 yet its only one cent difference.

ahh that makes sense. thanks

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