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Re: [photo-3d] eBay bidding
- From: pd@xxxxxxxxxxxxx
- Subject: Re: [photo-3d] eBay bidding
- Date: Mon, 12 Feb 2001 12:31:37 -0500
Ron Beck writes:
> It seems to me from all the discussions so far, sniping provides you
> with two "features" or advantages. First, it keeps the initial bidding
> down on an item until the last few minutes of an auction. Second, you
> can keep changing your bid to make it the highest and hope your
> "competition" isn't paying attention to the bidding at the close of an
> auction.
I think there's more to it than that. Even if you have a fixed
maximum you're willing to pay, and you stick with it, you'd probably
like to get the item for a lot less than that. If you bid your
maximum early on in the auction, you're inviting others to come and
out-bid you. By holding off until the end, you have a better chance
not only of getting the item, but of getting it at a lower price.
-pd
--
--------
Peter Davis
Funny stuff at http://www.pfdstudio.com
The artwork formerly shown as prints
List of resources for children's writers and illustrators at:
http://www.pfdstudio.com/cwrl.html
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