| |
| |
|
Auction Information |
|
|
|
eBay Online Auction Sniping Secrets
Since their introduction several years ago, online auctions, such as eBay, have been one of the hottest destinations on the World Wide Web. Auction sellers are attracted by the prospect of a broad venue for their products and the possibility of high profits resulting from emotion-driven bidding wars. Bidders on online auction sites are drawn to the unique shopping opportunities and potential to purchase hard-to-find items at low prices. One technique many successful auction bidders employ is called sniping. Auction sniping is waiting to place your bid until seconds before the auction closes. In most cases, the last-minute bid precludes competing bids and assures the sniping bidder the winning bid at the lowest price. Some web sites estimate that sniping occurs on 5 percent of all eBay auctions that close with bids. While this technique is not without controversy - mostly from disgruntled sellers or competing bidders - it is permitted on most online auction sites including eBay. In fact, an eBay Community Development representative related eBay's position on one of eBay's message boards: From: daphne
There are several advantages to sniping on auctions. The first is that the sniper prevents counter-bids and is more likely win the auction. The most significant advantage is that sniping prevents emotional bidding wars. These are events that auction sellers dream about - two or more bidders start running up the price of a listed item because they get caught up in the excitement of the moment. More often than not, the sniper will win the auction at a lower price if they do it correctly. There are some problems associated with sniping manually. First, you must be online to bid when the auction closes. This may not be convenient if the bidding for that PEZ dispenser you've been drooling over ends in the middle of the night or while you are at work. Second, depending on your connection speed, your last second bid may be submitted too late. The auction might close before your bid reaches eBay. Not to worry though, there are several software and web-based solutions to automate the sniping process for you. Sniping software programs, such as iSnipeIt reside on your computer. You simply enter the item number you wish to bid on and input your maximum bid. At the appropriate time, the sniping software connects to the internet and places the bid for you. This requires your computer to be on, the sniping program to be active, and a connection to the internet. One advantage to having sniping software resident on your computer is increased security. Most desktop applications don't require your eBay ID and password to reside on servers continuously connected to the internet. However, the timeliness of your snipe depends on your connection speed and your internet service provider. This can be a problem for some people. Online services such as http://AuctionInsights.AuctionStealer.com mitigate these connection issues. They have high-speed connections to the internet and can place your last second bid regardless if your computer is on or not. While web based services are generally more expensive than a desktop software application, their reliability is remarkable. An advantage to online sniping services is that they respond quickly to frequent changes in eBay's web site that can disable a desktop software program. The hapless auction sniper who is attempting to use a desktop solution is often out of luck until the programmer modifies his or her code and the user installs the update. Sniping online auction sites such as eBay can be of great benefit to the bidder. It saves them money and greatly increases the chances that they will win the auction. Give it a try on the next auction you bid on! ______________________________________________ Doug Feiring publishes "AuctionInsights.com", an all-encompassing FREE resource guide that provides nuts-and-bolts strategies, ideas, and tools to build a successful eBay online auction business from the ground up, visit http://www.auctioninsights.com
MORE RESOURCES:
Auctions - Google News |
|
|
|
RELATED ARTICLES
All Terrain Vehicles (ATVs) Sell Well On eBay ATV auctions are healthy markets on eBay. All terrain vehicles have changed in the last few years (naturally) and the major change has been from one person ATVs to two person models. How To Sell Internationally On eBay Without Risk Many people just getting started on eBay have reservations when it comes to selling to International buyers. Possibly they've heard a few second-hand horror stories, or they feel it's simply not worth the extra hassle. The Ins and Outs of Dropshipping on eBay Dropshipping is an attractive marketing technique, but when you take it to eBay it becomes a real phenomenon. There are tens of thousands of people running dropshipping business as you are reading this article. When It Comes To eBay, Don't Follow The Herd Q: I want to start an online business. Since I don't know anything about ecommerce and building websites and such, I'm thinking about starting out selling products on eBay, then pay someone to build a website for me once the money starts coming in. Royal Memorabilia - An eBay Prince or Pauper? There has always been a fascination with royalty and as a niche area for collecting and auction trading, it is still a relatively accessible market. And it can also be extremely interesting. Why 95% of All eBay Sellers Fail eBay is now the 8th most visited site on the internet and it has just one purpose - sales. With 40 million visitors per month most eBay sellers are missing a golden opportunity. Effective Auction Listings - How To Create Them Once you've created the best possible title for your item, you will move on to writing your auction description. Here, you have more space to give a detailed description of the item you are selling in the body of your auction. When You Need Extra Cash Ebay Fits the Bill We all have items in our closets and stuffed in drawers that we no longer have a use for. Some of us use our free time to manufacture craft items that we give to our friends and families for gifts, and still others of us buy candles and other items in bulk to sell to family and co workers for a little extra cash. How To Profit Using eBays Saved Search Feature Did you know that eBay will help you locate products you can buy cheap, then flip for a quick profit? No? Then listen up, because I am about to let you in on a little known feature of eBay that can literally stuff wads of cash in your wallet in less than 24 hours.This is an eBay tool that I use every day to locate products that I can buy and resell or buy cheap and keep for myself and my family. EBay: No Way?Yes Way (Ten Seller Themes) Hearing that there are more than 1.2 million registered eBay users, that more than 25,000 members make five figure income as full time eBay entrepreneurs, and that more than 250,000 part timers make several thousand dollars a year of supplementary income from eBay enterprises would make anyone comment in disbelief with, "No Way". From Ebay Zero to Power-Selling Hero: Using Feedback Effectively When I talk about feedback to new Ebay sellers, I usually compare it to having one note posted on the door of a brick-and-mortar business for every transaction. At almost any business--no matter how bad the service--you would have a lot of positive transactions; and thus a lot of positive notes. Top 10 Free Online Wholesale Resources By the time that a product has made it to your local retail store, it's probably changed at least three people's hands, possibly even more than that. And each one of those people had to mark up the cost of the item to cover their investment and make a profit. Finding Products to Sell on eBay Do you know how many people in US are earning their livelihood with the help of eBay? According to a new survey conducted on July 2005 by ACNielsen, a leading research firm, an astounding 724 thousand Americans respond that they rely on eBay for their main or supplemental income. Apart from these professional sellers, another 1. Professional eBay Auctions Reap the Profits for Sellers eBay offer an unbelievable amount of traffic for ANYONE wanting to sell on their auction site, so much so that millions of items are listed on it everyday. So with all this competition how do you make sure that your listing doesn't get lost amongst the rest and that customers keep coming back to you. The International Affiliate Program of EBay eBay trades in more than 33 international countries with over 157 registered users worldwide with 75 million based in the USA and 10 million in the UK.eBay's affiliate program must be the mother of all affiliate programs as far as size and potential scope for earning an income through promoting other peoples items. Fed Up With eBay? For many people, their first experience of working online involves selling products on eBay. This was how I got started back in 1998 and I know countless other people that have done the same. Profitable Paper Piecing on eBay -- Part 2 Basic Paper Piecing TipsHere are some tips that will help you create paper piecings that will sell!Save some time by eliminating the "tracing" of patterns. Take your pattern, lay it over your cardstock and use your stylus to "trace" it onto your cardstock. Selling on eBay? Heres a Success Tip for Your Online Auctions Are you planning to sell on eBay? Or have you tried in the past but not had much success with your online auctions? If so, here's a strategy that has worked very well for me.In my experience, the auction lots where I created a useful collection of related items got more bids and closed at higher prices than auction lots that were all one thing. How to Sell Your Crafts on eBay Artists, craftspeople and photographers are successfully selling their wares everyday on the online auction site, eBay. According to a recent analysis of eBay sales, a crafts-related item is sold every nine seconds, a scrapbook item is sold every minute, and 40 cross-stitch items sell in an hour on eBay. eBays Latest Fee Increases--Is this the beginning of the end? On January 13, eBay sellers received an unwelcome announcement from eBay. Fees were going up.
|
| home | site map |
| © 2006 |
