Am I overbidding myself? I bid on an item with 9 days to go. I know the item runs all year long and goes for about $55 to $60 a pop each time. However, there are 9 days to go on this item and still no one has bid. The current bid is $34.99. But I put down $70.01 just to make sure I would win the item. Is this a mistake? Did I bid too much too soon? Will this hurt me in some way? I feel like the bidders will come rollin' in closer to the end of the auction. I just can't imagine it not happening; this is such a popular item. Have I done the right thing? Help! Thanks - singingaardvark

audrey

AS will send the bid to Ebay. They will use just enough to win for you, if someone doesn't outbid you...a one time, placed at the last moment proxy, if you will. Here is a possibility. I had a woman bid on an item of mine last week $2000.00 It is something that usually sells 15 to 25 dollars...someone ran her up to 46.00. It can happen! If I were you, and as you say, it is there all the time, would bid the most I want to pay and no more. But, that is your choice! Nice thing about AS, you are not stuck..the bid can be changed

I personally wouldn't bid higher than the low end of the bids if it's something that sells over and over. Why pay too much when you know it will be available again? I did this once on some shipping labels, and got them for half of the lowest bids that usually won. Just got lucky by being patient.

The best things in life are furry....and flowers!

Not sure I really understand. Do you have the $70.01 set up as a proxy bid on eBay or do you have the $70.01 set up as a snipe?

This is just me and my opinion only.

IF you have set the bid at eBay, then you're telling anybody that sees it that your're interested in purchasing the item. The next person to come along and wants it will keep bidding until eventually she outbids you. There goes your $70.01. You could wind up paying more than you wanted to.

IF you set it up as a snipe, you should be good to go. Let the others bid and lose. When your snipe goes in, you WIN unless someone has a higher proxy bid.

I only bid when it's 150% necessary otherwise I let AS do my bidding for me.

Hope this helps,
Crafty

Six inches Lord, that's all I need!

First, welcome to the forum.

Just my opinion, but seems like you've done EVERYTHING wrong. if I understand correctly.

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I bid on an item with 9 days to go.

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Hope that's a bid entered at AS and not an early bid at eBay.
I only bid with 7-15 seconds to go.

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I put down $70.01 just to make sure I would win the item.

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That’s OK if you MUST have the item NOW, but if it goes for 55-60 all year long, why pay more than about 56 for it?

Check out bid groups. This allows you to enter many snipes on auctions and automatically stop bidding after you've won the number you want. Just pile 10-15 auctions in your bid group and bid 55.17 to 56.17 on each. AS will bid on all of them till you win one and then cancel the rest.

>CLICK HERE< for bid groups tutorial.

Hope that helps !... and again WELCOME

Puppy, I am assuming she meant she placed a snipe with 9 days to go!! Hopefully!

Mrs. M... You're probably right so I'll take back my EVERYTHING. Also the 70.01 instead of 70.00 was a good choice. (70.08 to 70.20 might be better though)

Just make your maxbid in AuctionSniper the highest you're willing to pay. If you stick to that motto, you'll never overbid and you'll be likely to win more auctions. Since Ebay uses a proxy bid system, it's actually Ebay that's doing the bidding for you - your maxbid which you either place yourself on ebay or thru AuctionSniper is your maximum bid, not your actual bid - so ebay will bid for you in increments up to that amount if necessary. If it's not necessary to go that high then you win it for less...