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25 May 2006

eBay Bidding Tips

Both Robert (my loving husband) and I like to shop at eBay for great bargains. Robert have got a lot of brand new Victory Motorcycle accessories from eBay at dirt cheap prices.

However, it's not always that easy to get the items we want. A lot of time there were whole bunch buyers wanted the same products we were interested in, they started placing their bid too early, and created bidding war. That's a huge mistake!

Every auction on eBay is set to end at a certain date and time. If you look at any given auction you will notice a "Time Left" and it will say how many days or hours or even minutes are left before that auction ends.

And, we all know that the highest bid at the time that an auction ends wins the auction, so there is absolutely no benefit and no point to place your bid early! Placing your bid early actually just hurts yourself!

When you place a bid at the beginning or middle of an auction you only raise the current bid price. Raising the current bid price only encourages other interested bidders to place their bids against you. This creates a bidding war that only jacks up the price for the auction. So never place a bid on an auction you are interested in until the very end of the auction!

Here are the keys to buying things cheap at eBay:

  • Be patient. If there is an item you want to buy, don't get too caught up in the excitement of the auction.
  • Don't get upset if you lose the auction.
  • While millions of items being sold on eBay, there are tons of new items being listed everyday. The chances are very good that a similar item to what you were interested in will be listed for sale very soon, just keep checking.
  • With so many items being listed on eBay, you need to be patient and wait for a good buying opportunity when a bunch of people haven't created a bidding war over an item you want. Then you will just bid at the last second for the amount you are willing to pay.

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Anonymous Anonymous said...

You can also benefit your favorite charity when bidding on ebay. I was lucky to stumble on this site, but I have been able to donate $20 to my cause already!...

14/2/08 6:55 PM  

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