Darn it, 'lost' an ORIS TT1 Ebay auction last night
Darn it, 'lost' an ORIS TT1 Ebay auction last night
Author
Discussion

redchina

Original Poster:

495 posts

284 months

Friday 17th July 2009
quotequote all
there was an Oris TT1 Divers watch on Ebay yesterday, this retails around $2000 AUD.

I had to leave my PC 15 minutes before the end of the auction and it sold for $670.

someone got a damn nice watch for the money there, but it sure wasnt me!
DAMN!

XJSJohn

16,124 posts

242 months

Friday 17th July 2009
quotequote all
you need some sniping software, something like this.

http://www.auctionsniper.com/


redchina

Original Poster:

495 posts

284 months

Friday 17th July 2009
quotequote all
aha!

so that's how they do it.

have you used this yourself? is it effective (and worth the 1%?)

ta : )

dustybottoms

512 posts

218 months

Friday 17th July 2009
quotequote all
redchina said:
aha!

so that's how they do it.

have you used this yourself? is it effective (and worth the 1%?)

ta : )
I've used this several times and it was very effective, never lost an auction using it and of course you only end up paying what you wan't to pay. Having said this, I haven't used it for a few years now as I don't buy that much on ebay anymore.

XJSJohn

16,124 posts

242 months

Friday 17th July 2009
quotequote all
Redchina, not used that exact one, was just the first one that google spat out ... but they do all work well. just look for "ebay sniper"

PaulHogan

7,211 posts

301 months

Friday 17th July 2009
quotequote all
redchina said:
there was an Oris TT1 Divers watch on Ebay yesterday, this retails around $2000 AUD.

I had to leave my PC 15 minutes before the end of the auction and it sold for $670.

someone got a damn nice watch for the money there, but it sure wasnt me!
DAMN!
I never understand this: if you would have been happy to pay $700 for this (which would still be a bargain against $2000 (and assuming you can afford $700)) then why didn't you bid to that sum.

Whenever I see something I want on ebay I bid once for the sum I'd be happy to pay for it. Sometimes I get outbid and sometimes I win. I'm never disappointed as either I think the winner overpaid or I'm the winner. I once bid £1,500 on an item and won it for 99p! Sold it later for £2000.

Stig

11,823 posts

307 months

Friday 17th July 2009
quotequote all
PaulHogan said:
redchina said:
there was an Oris TT1 Divers watch on Ebay yesterday, this retails around $2000 AUD.

I had to leave my PC 15 minutes before the end of the auction and it sold for $670.

someone got a damn nice watch for the money there, but it sure wasnt me!
DAMN!
I never understand this: if you would have been happy to pay $700 for this (which would still be a bargain against $2000 (and assuming you can afford $700)) then why didn't you bid to that sum.

Whenever I see something I want on ebay I bid once for the sum I'd be happy to pay for it. Sometimes I get outbid and sometimes I win. I'm never disappointed as either I think the winner overpaid or I'm the winner. I once bid £1,500 on an item and won it for 99p! Sold it later for £2000.
Because if you use ebay to set your highest bid, you're showing your hand early and also giving the seller the opportunity to shill bid to see what your max is (as they can incremental bid to 'see' what you're prepared to go to).

Sniping means that the bid goes in at the last moment and will only bid enough to win (unless your limit is too low of course).

The savings I've made sniping more than cover the cost of doing it.

That said, there's a LOT of people who use it now so it's not as beneficial as it once was.

andy_s

19,788 posts

282 months

Friday 17th July 2009
quotequote all
Ah, the great ebay sniping debate - I too don't see how a snipe programme is beneficial - if you put your highest bid in (the amount you feel the article is worth) then that's it - if the bid goes to someone who is willing to pay more than you think the thing is worth then isn't that what auctions are about? If you turn around and say, well, I would have paid another .50p or £1 then clearly you just didn't enter your highest amount that you thought it was worth - surely? If you put the same 'max' in your sniping program you'd have lost as well.
If the seller 'shill' bids, surely that shows in the auction and as for 'revealing your hand' - I'd suggest that if you've entered your maximum value and someone is willing to pay more then you lose - I can't see how knowing how much someones top bid is affects how much money they have to spend?
Personally, and I'm open to persuasion, I think it's largely psychological...

uremaw

301 posts

220 months

Friday 17th July 2009
quotequote all
Imagine the scenario.

You want to buy an item, and are willing to go to £100.

The item is currently sitting at £20 with 1 day to go.

If you bid £100 now, you will become highest bidder (at £21) but the other bidder(s) will have 24 hours to spot this and rebid themselves. As you've set your bid to be £100, every time they bid they'll be told you've outbid them. Even if they don't go up to over £100, the price you pay will have been pushed up by the other guy(s) bidding against you.

If you instead wait till 5 seconds before the auction ends, not only will you be going in better informed (you'll know what the current bid is at the last moment), you'll also give your opponents no chance of rebidding.

It really does work, even without sniping software (i prefer to do it manually). You save a fortune that way.

R.P.M

1,942 posts

244 months

Friday 17th July 2009
quotequote all
I always use...

www.goofbay.com

I must have used it the last 30 times and it has only let me down once.

Set your maximum amount and time you want it to bid in at (like 5 seconds to go) and bingo...you end up buying stuff whilst your having a drink

Menguin

3,780 posts

244 months

Sunday 19th July 2009
quotequote all
Christ not this again!

But yes, sniping software enables you to pay less than your maximum, that is what the non believers don't seem to understand. If everyone did put in their max bid at the start of the auction then fine, it wouldn't work. But (almost) no-one does. They wait till the end.

Steve748

8,542 posts

207 months

Monday 20th July 2009
quotequote all
The sniping thing is an ebay tool and designed to make sure you don't forget to bid and I only use it if I am unable to bid myself.

I always check what the item would have/does cost new or what the max I'm prepared to pay and then 10 seconds before the end put my bid in.

The only time this failed was when I hadn't logged in for just under 24 hours and when I clicked the bid it came up with the sign in page.

If I need a reminder I use the alarm facility on my phone.

tom g

1,046 posts

218 months

Monday 20th July 2009
quotequote all
Menguin said:
Christ not this again!

But yes, sniping software enables you to pay less than your maximum, that is what the non believers don't seem to understand. If everyone did put in their max bid at the start of the auction then fine, it wouldn't work. But (almost) no-one does. They wait till the end.
not just that, but it never ceases to amaze me how few people understand the "enter your maximum bid". I see seasoned 100+ feedback users chipping away, bid at a time... against another hapless bidder who's entered his max bid early.

I use bidslayer. you pay a few dollars for 20 or so bids, and their server bids for you, so you don't even need to remember to leave your computer on. It's saved me £100s over the years.

redchina

Original Poster:

495 posts

284 months

Wednesday 22nd July 2009
quotequote all
sorry all, i didnt quite mean to start a debate that has clearly been had before...I was just venting a little frustration..