Wednesday, April 30, 2008
My peeps, some of you are driving me crazy with your complaints about losing eBay auctions at “the last second.” If you are serious about winning anything, you must snipe. A snipe is an automated, last-second bid. The people who are beating you out are most likely using sniping services (which eBay finds perfectly “legal”). As you know, it’s very difficult to manually place a bid in the last millisecond of the auction. If you’re up against software, you’ll lose every time.
An advantage of sniping is that you enter your maximum bid into the sniping program and not eBay. Every time you enter a higher bid on eBay you are running the price up. Normally, you bid, and then someone else bids, and then you bid again, and so on, and all the while the item is getting more expensive until finally a sniper wins at the end, albeit at a much higher price than s/he would have paid if you hadn’t been playing this little game. It’s a penny-wise and pound-foolish way to bid.
With sniping, you can cancel a bid (which you can’t do on eBay) or make it contingent on another bid. In the latter case, you can make bids on multiple items and say that if this one wins, automatically cancel the other(s).
If you snipe, one thing to keep in mind is that you have to enter a serious maximum bid, because if you bid way too low there’s no chance to redeem yourself. If you’re going to bid here, for instance, keep in mind that it unusual to get an old Ossie for under $1000. Just because the price stands at 54 pounds does not mean you should snipe at 100 pounds. Well, you can, it’s just a waste of a snipe.
You can search for sniping services online; there are plenty out there. I’ve always used Bidnapper.