on 01-11-2012 09:58 PM
Okay I am pretty new to Ebay. I wonder if it is possible to program auto bids by the seller, to keep outbidding a buyer in order to raise the selling price....
...because I have been bidding on two things and no matter what time of the day or night i increase my bid....I am instantly outbid...like in the same second. I am wondering and its putting me off...as i guess it would be okay if another buy could program such a thing...to keep winning the bid to their prescribed limit..
but if its possible for the seller to program this ...then I dont think its fair at all..
...can someone shed the light for me as i hope the answer will be that a seller could not program such a thing..
snoogleboogle
on 01-11-2012 10:18 PM
What you are experiencing is call automatic, or proxy, bidding. It happens when someone else has place a bid before you that is higher than the amounts you are entering.
The auction prices are raised in increments, and as a general rule the current price will be one increment higher than the next highest bid.
For example, a $5+ item requires a bid increment of 50c. Let's say it starts at $5 with no bids and someone comes along and places a $20 bid. The price stays at the opening amount of $5 with the first bid.
If I then place a $10 bid on that item, I will be automatically outbid by the previous bidder because theirs was higher, and the price will go up to $10.50, even though the other bidder placed an amount of $20.
As you can never know another bidder's amount until you exceed it, it's better to work out the absolute most you are prepared to pay for an item, then bid one as close to possible to the end of the auction (either manually or with what is known as a sniping program, which places the bid on your behalf at a designated time, usually within the last few seconds). That way, you'll never get caught in a bidding war, and if you win, hopefully it's for less than you were prepared to pay. If you lose, you at least know that you didn't lose because you didn't bid your maximum price.
on 01-11-2012 10:20 PM
What is happening is that another bidder has placed a much higher bid and you are just slowly nibbling away at it by upping your bid by small amounts.
eg It the other bidder has bid $100 and the start is 1.00 then it will show as a bid of 1.00
If you then bid $2 it will show the winning bid at $2.50 and so on until you finally bid over the $100 and you would then be the highest bidder with a bid of $101.00
As for your question about setting bids, it is possible to use a snipe program and it is usually set for the last few seconds of the auction and you set it for the maximum you are willing to bid.
on 03-11-2012 09:31 PM
If you click on the number of bids it will take you to the bidding page where all the bidders are shown,(their ID's are hidden for safety reasons).
Once at the bidding page just click on Show automatic bids,(it's in blue on the right hand side).
That will bring up the automatic bids which shows you how the bidding works,:-D
on 03-11-2012 10:06 PM
simple solution is to bid the max you are prepared to pay and if you dont win just move on.
on 04-11-2012 05:03 AM
In additona to the excellent information you have been given by others, here is some reading for you that will be helpful to you 🙂
how ebay bidding works -
http://pages.ebay.com.au/help/buy/proxy-bidding.html
bidding & buying basics - http://pages.ebay.com.au/help/buy/basics.html &
http://pages.ebay.com.au/help/buy/aboutbidding.html