by
babies_stole_my_dingo
"Snipers
take advantage of the clock."
True. All the auctions end at a preset, stated time.
If only snipers could see what this time was,
and place their bids accordingly, then this would
be unfair, but that isn't the case. The fact is, you
don't even need to have a clock synchronized to eBay's
time to effectively snipe; all you need is a watch
with a second hand.
"Snipers
use special software." Sometimes. So can
you. Sniping software is available to everyone. It
isn't inside information known only to the Elitist
Gang of Snipers (EGOS--of which I am proud member
#019). We don't have special decoder rings that only
we can use in order to get this software. Some sniping
services are even free. I typed "auction sniping"
into Google and got about 17,800 hits. You can't tell
the difference between a snipe done by a service and
a manual snipe anyway. I have seven-second manual
snipes, and seven-second machine snipes, and you can't
see which is which. In fact, I usually snipe closer
to the end of the auction manually than I do using
vrane.
"Snipers
prevent a 'reactive' bid." This is true.
So what? If the user had read the eBay tutorials,
and let the proxy system do the work for them, they
wouldn't need to bid "reactively." You can bid to
the very last nanosecond if your proxy is high enough,
and the best-placed one-second snipe can't do anything
about it. Also remember that snipers can't bid "reactively"
either. The sniper gets one shot. The eBay
tutorials aren't in a secret spot, known only to snipers.
They're in clear, easy-to-read English. The proxy
system is explained. The bb's are here to help anyone
who asks. We don't eat very many babies.
Follow-up:
"Snipers cost sellers money because no one can come
in and bid after them." Possibly true to
a certain extent, but this argument presupposes a
lowballing proxy. If your proxy is your true max,
then the seller gets more money because our
bids duke it out and the high bid wins. Not to mention
sniper wars, where two or more snipers are vying for
the same item. Also, the only bid that costs the seller
money is the bid not placed. It is not the sniper's
responsibility to subsidize other peoples' poor bidding
styles. If a person can't figure out what the widget
is worth to him without my bid, that isn't my fault.
And think about it for a minute. The sniper places
his max bid. The lowballer places a bid that
is less than his max. Who is really costing
the seller money?
"Snipers
place ridiculously high bids, knowing that they can't
possibly be outbid by a proxy at that price."
From my experience and from what I've read on the
boards, the "nuclear snipe" is largely a myth, altho
I have seen it happen a time or two. Snipers bid what
they are willing to pay, for the most part. At the
same time, no one says that a "nuclear proxy" would
be "unfair" to a sniper, or a nibbler. Also, see "Sniping
costs sellers money," above. The two are kind of mutually
exclusive.
"A
sniper figured out my proxy and placed a bid one cent
above it and yanked the widget out from under me."
Snipers are not psychic. We don't have special powers.
We don't know your proxy. If you bid early, then we
can research your bidding pattern and see what it
might take to beat you, but all the research I've
done on previous bidders hasn't changed the amount
I bid; it just gave me reassurance that I actually
had a chance to win. Items are always won by one increment,
or less. Wins by one cent are rare, coincidental,
and sweet.
"I
was the high bidder all week and then a sniper came
along and stole my widget." The widget was
never "yours." eBay knows no "dibs." If you needed
it that badly, you should have proxied more. Lowballers
win every once in awhile if no one else is interested
in the widget, but a reasonable snipe will beat a
lowballer every time. And should.
"Snipers
always win." Not true. Lots of times we lose to previous
well-placed proxies. It isn't the last bid that wins,
it's the highest. Heck, sometimes we don't even bid
because the price has already gone up over our max,
but you never hear "My proxy beat off a sniper who
never even bid!" But it happens all the time, to me,
anyway.
So,
with all that in mind, why is sniping "unfair," if
the rules and tools are there for everyone, free of
charge?
"All
right, I guess sniping isn't unfair. Why is it the
best way to bid?"
Lots
of reasons. First, it's a good deterrent for shillers
(sellers who bid on their own auctions or have friends
do it for them). A shiller can eat up an early proxy
bid, leaving you at or near your maximum. Shilling
is illegal, but unscrupulous people do it anyway.
However, they can't shill a bid that isn't there.
Second,
it prevents nibbling. Inexperienced eBayers (and experienced
eBayers who should know better) often nibble up a
bid looking to beat out your proxy. This can be annoying,
but there isn't anything you can do about it. Except
snipe.
Third,
it prevents somebody using you as a "personal shopper."
You've gone to all the trouble of searching for the
item; you don't need some lazy person searching your
bid history to see what you're bidding on because
they collect the same thing and are too shiftless
to hunt it down themselves. There are also people
out there known as "enemy bidders," who will follow
you around and bid on the same widgets you do, not
because they want them, but because they don't want
you to have them, or they want you to pay out
the nose for them. This sometimes occurs if you've
been a little outspoken on the eBay bulletin boards
on some controversial issue.
Fourth,
a seller can make changes in an auction nearly right
up to the end, even if it has bids. If you wait until
the final few seconds to bid, all the revisions are
in. You can base your bid on the final auction page,
instead of a description that may have changed materially
since the beginning of the auction.
Fifth,
it prevents you and your money from being tied up
in an item for a week. Remember, even if you are outbid,
if the overbidder retracts or is cancelled by the
seller (it happens) and you become the high bidder
again, you are still responsible. If you wait until
the last second to bid, you will already know if the
item has gone over your maximum, and you can move
on to another one with a clear conscience.
Sixth,
it allows you time to do all the research on the item
that you need in order to come up with your final
bid. You can check the seller's feedback and feedback
left, ask the seller a question or two if needed,
look at their "me" page, check their other auctions
to see if you can buy more than one widget from them
and save on shipping, etc. You can also search the
web and any local sources you may have so you can
figure out just how much you're willing to pay. And
if the same widget with a "Buy it Now" price that's
cheaper than the current one you're looking at comes
along, you can grab that one with no repercussions,
because you're not locked into the first one.
Remember,
there is only one advantage to bidding early
in an auction, and that is that, in the case of a
tie, the auction goes to the earlier bidder. By adding
a few odd cents to your bid, you vastly reduce the
chances of tying with another bidder. However, the
disadvantages to bidding early are legion.
"Are
there any pitfalls to sniping?"
Yes,
several. Altho this is a rare occurrence, eBay's servers
do go down on occasion; in fact they are down for routine
maintenance every Friday morning from about 1:00am to
about 3:00am PST. Your own ISP can also go down. You
can lose electricity, phone, and/or cable to your house
from any number of causes. You could be unexpectedly
away from your computer at the end of the auction. You
could forget about the auction altogether. Your computer
could break. You could experience delays in uploading
your bid and lose out on the auction. The seller could
end the listing early because they aren't getting any
bids or they don't like snipers. Any or all of these
things could cause you to miss out on an item you really
want. Also,
you have to live with whatever amount you type into
the bid box. If you accidently use a comma instead
of a period, you could wind up paying $1000.00 for
a $10.00 widget, if someone else does the same thing--or
if they decide that they really want it and a nuclear
bid is the way to go. Altho a misplaced decimal point
is a valid reason to retract, sniping gives you no
time to do so. So review the bid confirmation page
very carefully, and make sure the amount it
shows is the amount you want to bid; and be very
careful of the amount you put in the bid box, especially
on auctions from overseas. Remember, other currencies
may use a comma as a decimal separator, while
dollars use a period.
"OK,
so I still think sniping is the best way to bid.
How can I become a sniper?"
First,
make a note of the ending time of the auction. I set
an alarm in my PalmPilot for 15 minutes before the auction
ends (to give me time to boot up the computer and log
onto eBay); and, as a backup, I put a sticky note with
the name of the widget and the ending time on the computer
itself . Now comes the hard part...sit back and wait.
Check the auction occasionally to see if the bidding
has already gone over your max; if it has, you can move
on to another auction. This happens to me on a regular
basis. It's really no big deal, tho it's disappointing
for about a microsecond. Next,
you must determine your absolute top dollar, would
never ever pay more for this widget, True Maximum
bid. If you would be upset if you were outbid by one
cent on this item, then it isn't your maximum. Remember,
you only get one shot at this, so you better
make it a good one. Adding a few odd cents is helpful
as well. However, resist the temptation to put in
a "nuclear snipe." There may be another sniper or
a proxy bidder who has the same not-so-bright idea,
and you probably don't want to pay $10,000 for a $100
widget. Use the time before the end of the auction
to do your homework. Check the sellers feedback, and
feedback left. Look at their "me" page, if they have
one. Check their other auctions; they may have other
widgets you're interested in, and you could save on
shipping. Ask the seller any questions you might have,
and if you don't get an answer before the end of the
auction, you may want to reconsider bidding. Find
out what the going rate is for your particular widget.
It would be silly to pay more than retail for it if
you can just go down to your local Wal-Mart and buy
it there. You should also recognize that there are
very few "unique" items on eBay (with a few notable
exceptions), so chances are that the widget will come
up for auction again if you are patient. And don't
forget to take shipping and handling into consideration!
OK,
the ending time is close! Go to the front page of
eBay and sign in. Do not use Passport to sign in.
Problems with Passport are legion. Then go to
your "My eBay" page and click on the auction, which
you should have put on your "watch" list when you
found it. Right-click on "bid history" and then click
"open in new window." This should give you two windows,
one with the bid history and one with the auction.
The reason you watch the auction count down from the
bid history page is that it loads faster and gives
you a more accurate idea of when the auction is going
to end. Now go down to the bottom of the auction page
and type in your bid amount (did you remember the
odd cents?) and click "review bid." Check the confirmation
page to be sure that your bid amount is correct; if
it isn't, hit the "back" button and make corrections.
Resize
your windows and move them around so that you can
see the high bid amount on the "bid history" window"
and the "place bid" button on the bid review window
at the same time. Here is where your wristwatch comes
into play. No, you don't have to synchronize it to
eBay's time; you just have to pay attention to when
the auction is going to end according to your own
watch. Hit the "refresh" button at the top of
your browser when the second hand hits the 12, or
when it says 00 on your digital watch. This will give
you a starting point. And say, for example, it says
it will end in 8 minutes, 10 seconds. Wait until you
come back to that point on your watch again, and again
hit "refresh." Hopefully it will tell you that the
auction ends in 7 minutes, 10 seconds. In my experience,
this means that the auction will end seven minutes
from the time you hit the "refresh" button, not
the time it takes to load the page, when the second
hand gets to the 2. If it's a little off, then start
hitting it every thirty seconds until you get something
more consistent.
Now
you have consistency, and according to your watch,
the auction will end when the second hand gets to
the 10-second mark. Most people recommend, for your
first snipe, that you bid any time within the last
minute, and as you get a little less "snipe fever"
you can close that time up to within seconds of auction
close. So, in the last minute of the auction, pick
a mark on your watch, and as soon as the second hand
gets to that spot, click the "place bid" button on
the review bid page. A new page will come up, either
congratulating you on being the new high bidder, or
(snif, snif) telling you that "You've been outbid
by another bidder!" If you've been outbid--oh, well,
you gave it your best shot. If you are the new high
bidder, then go back to the bid history page and refresh
it one more time to see if you've been outsniped (it
happens). |