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Reply to "Snipe price vs. eBay?"

Here is the conversation to date:

Posted Tuesday, June 01, 2004, 11:21:13 AM
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Periodically, the last time for 3 out of 5 snipes in the import wizard, the wizard adds $0.25 or $0.50 to the minimum bid as shown in my watch list. Is this behavior by design, and if so, why?

Thanks,
David

Michael W.
Support Posted Tuesday, June 01, 2004, 1:53:25 PM
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If I understand you correctly, it‘s by design: we conveniently add the next increment over the current bid: you can‘t bid less than an increment and be sure to win. And you certainly can‘t bid the current bid. And of course, you can modify the amount to any amount over the current bid.

michael
senior technical support

david.elson@sympatico.ca
Customer Posted Tuesday, June 01, 2004, 2:14:25 PM
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Hi,

I can accept that in where bids have been made. But it also happens on watch list items for which there has not yet been a bid.

Thanks for the speey reply,
David
Michael W.
Support Posted Tuesday, June 01, 2004, 2:39:51 PM
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You can give me an item# if you want. But what is likely happening is that the seller has a minimum bid requirement, and we‘re cueing off of that.

michael
senior technical support
david.elson@sympatico.ca
Customer Posted Tuesday, June 01, 2004, 3:13:45 PM
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Michael,

It is unfortunate, there are currently no bids in my spikes that fill the bill. If I get a chance later this evening, I‘ll try to import some days off bids that will hopefully be stable for a few days.

My understanding was that a minimum bit was hidden from everyone but the seller. The most I ever see is ‘Minimum not met‘. If AS can get this info, how can the rest of us access it?

I do find it hard to believe that on a lot with a $0.99 to $2.99 starting bid vendors would regularly place a minimum bid of only 25 cents on the lot.

Anyway, I will try later and let you know.

Thanks for your attention to this,
David
david.elson@sympatico.ca
Customer Posted Tuesday, June 01, 2004, 3:15:18 PM
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Mike,

Oops! That should read:

I do find it hard to believe that on a lot with a $0.99 to $2.99 starting bid vendors would regularly place a minimum bid of only 25 cents higher than the opening on the lot.

Michael W.
Support Posted Tuesday, June 01, 2004, 3:36:38 PM
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We don‘t know a seller‘s reserve amount, but the auction will often show a minimum bid even with no bidders. Frankly, how that‘s practically different from a reserve auction, I don‘t know---the effect is the same. But everyone can see that minimum bid. It‘s not hidden.

And no, we don‘t know more than eBay shows any bidder.

michael
senior technical support
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