Why doesn't ebay use the going going gone auction process. The goods go to highest bidder

[hoges69zi]

Why doesn't ebay modify their auction process to stop last second bidders waiting until the very end of the auction. When a last second bid comes in the auction end time should be extended by a set time maybe 5mins until the bidding finally stops. I think it is called going going gone the same as a normal auction

[harley_babes_hoard]

I would not bid if that was the case. I hate that extended time format.

[howie696]

stupid idea!! 

lets hope they never use it

[lyndal1838]

If ebay did use that system they would lose a huge number of buyers who hate it with a passion.

I have used other sites where it is at the seller's discretion and almost without exception seller's who have tried it have gone back to fixed time endings....but they have never regained the customers who hated the uncertainty of the unknown ending times.

[diecastcarsvicki]

with auctions if i find something i want i place my max bid what i would pay and if i win great if i dont well price was more than i wished to pay. i hate last second bidders but there is nothing can be done because no rules are being broken. best in best dressed.   

[2106greencat]

Use a snipe like gixen or something similar if it is really bothering you and keep up with the competition - the whole idea with an auction is LAST HIGHEST bid wins, can't imagine it being any other way.

That's what makes it FUN

[putney32]

hate hate hate the extended period auctions.

if ebay introduced them I'd never bid again

[cq_tech]

Ebay auctions are not true auctions per se, but rather 'time-limited tenders'.

[*crikey*mate*]

well an online auction is legally classified and supposed to be treated as an auction without a reserve (many similar characteristics to most time-limited tenders without other quantifying clauses) - but how would they be able to extend the time frame?

I've never come across that?

I mean, in a real auction you hear the auctioneer call "Going Once. Going Twice (or whatever)" and you can see when the hammer is going to fall - how would they pull that off in an electronic format?

There has to be some indication as to when an auction ends, doesn't there? There has to be some indication of when Acceptance will occur? otherwise they might go on indefinitely!

Bugger that for a joke, I want to know when the auction ends, both as a buyer and a seller - as a seller i don't want the added stress of deciding when is the appropriate time to pull the plug if there is no end in sight - I got enough decisions to make LOL plus - on eBay we can't end a listing early if there is less than 12 hours to go - so how would that work anyway?

I reckon it'd screw the entire framework, cos a 3, 5, 7 or 10 day auction, may never really have that duration - no one would know if they were Arthur or Matha!

For me, I need to know! If for no other reason than to decide if the item I want fits my timeframe or if I need to source a BIN option.

Can see how it might work if only one bid per item was allowed (like in a silent auction) but not in the format we have here.

So how does the going, going gone model work for electronic auctions?

[phorum_junkie*]

A certain other auction site has the option for sellers to extend the end time by, from memory, 2 minutes. When sellers came to the boards there asking for advice because they were not getting bids they were told to stop using that facility and their sales usually improved (not to anywhere near the ebay levels) I used to do reasonably well on that site, if things didn't sell on ebay I used to send them over there as listing was free but once ebay started reducing listing fees and then giving free ones away I stopped using that site as sales had dropped to almost zero.