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
Topic: Re: Snipers How To Workshop


Just for the record, contrary to what some people think, there's no rule against "sniping," or bidding in the last moments of the auction. You will hear all kinds of debates about which method (proxy bidding or sniping) is more effective, and eBay would recommend proxy bidding, but bidding at the last moment of the auction is perfectly acceptable and legal. :)

Daphne
eBay Community Development

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:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Auction Central News

John F. Kennedy painting sells for $162500 at Heritage Auctions
Auction Central News
Rare signed original painting by John F. Kennedy, 35th U.S. president, oil with pencil on canvas board. Price realized: $162,500. Heritage Auctions image. DALLAS – A rare painting completed in 1955 by President John F. Kennedy and auctioned by Kennedy ...



Salt Lake Tribune

Feds rake in $6 million from oil and gas lease auctions, including ...
Salt Lake Tribune
Some parcels draw top dollar for Bureau of Land Management, while acreage in San Rafael Swell fails to attract minimum bids. Feds rake in $6 million from oil and gas lease auctions, including lands near Utah's. (Erin Alberty | Tribune file photo ...

and more »


Auction Central News

Julien's Auctions to sell more Neil Young classics Dec. 17
Auction Central News
A 1949 Cadillac convertible Series 62 owned by Neil Young. The car has a 331-cubic-inch V-8 engine and Hydramatic transmission. Estimate: $45,000-$55,000. Julien's Auctions image. LOS ANGELES – Julien's, the California auction house known for its high ...



Buffalo News

Bidders abound as LPCiminelli auctions equipment - The Buffalo ...
Buffalo News
Snow was falling at a brisk pace on Buffalo's East Side Tuesday, but that didn't stop a couple hundred eager construction contractors and individuals from coming out to look for deals amid the tools, vehicles and equipment being auctioned from ...

and more »


Eurosport.com

Klitschko auctions robe containing Joshua fight prediction
Eurosport.com
Wladimir Klitschko has raised £160,000 from the sale of the robe he wore in his final professional fight against Anthony Joshua. The robe had a USB stick sewn into it which contained Klitschko's prediction of how the April bout would unfold. The ...
Wladimir Klitschko auctions robe to charity for £150,000 | Daily Mail ...Daily Mail
Wladimir Klitschko auctions off robe from Anthony Joshua fight - including infamous USB stick - for £160000Mirror.co.uk
Klitschko Auctions Off Robe From Joshua Fight, With USB PredictionBoxingScene.com
SkySports -The Sun
all 13 news articles »


FOX43.com

Gaming Control Board Announces Schedule And Procedures For Category 4 Casino Auctions
FOX43.com
Should this round of auctions occur, the two holders of Category 3 (Resort) slot machine licenses could participate along with any Category 1 or 2 license holders even if any of those holders have already won a Category 4 auction. This round of ...

and more »


Vanity Fair

David Rockefeller and the Largest Art Auction of All Time
Vanity Fair
When David Rockefeller died, last March, at the age of 101, the last living link to the Gilded Age was gone. The world's eldest billionaire, he was the youngest and last-surviving grandchild of America's first billionaire, John D. Rockefeller Sr. (1839 ...



Art Newspaper

Re-discoveries lead London Old Master auctions
Art Newspaper
Poor Rembrandt. Of all the greats, he is perhaps the artist most concerned with truth—but also the artist whose works have been most hopelessly muddled by art historians. Lot 10 in Christie's Old Masters Evening Sale on 7 December was a case in point ...



Central Bank of Iraq Auctions $169364577 on 14 December 2017
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on December 14 registered $169,364,577 in sales, a – volume same from the US $169,364,577 sold by Iraqi Dinar, credit and transfer at the previous auction held on December 13. The ...



Morphy Auctions' March, 2018 Sports Memorabilia Sale to Feature an Astonishing Collection of Items Belonging to ...
Benzinga
Morphy Auctions, the finest auction destination for fresh to the market collections, is excited to announce that it will be offering the Gary Traugh Cassius Clay Collection as part of its upcoming March 24, 2018 Sports Memorabilia sale. Over 150 ...

and more »

Google News

home | site map
© 2006