I have been a hardcore ebayer for 4 years. In fact I have sold close to
20k items on ebay over the years I operate 2 stores that are
powerseller accounts and this one as well.
Sniping auctions for me is consistently one of the best ways to buy on
ebay. As much as I like proxy bidders as a seller, I will tell you as a
buyer it is the only way to go.
Bidding at the last second assures you will get the lowest possible
price. I have listed big ticket items like cars, motorcycles, and
computers on ebay. By far I get the highest bid when I start out
ridiculously low and let lots of bidders compete for the auction.
The reason this works so well is that placing a bid actually gives you
emotional ownership of the item even if it is for a few seconds. Then
when I am outbid the item was emotionally taken from me, so I naturally
big higher.
I have listed laptops startign at .01 cents with no reserve and even
though the average closing price is say $400.00 I will sel it for
$450.00
When you snipe auctions you never actually bid on the item till the
last minute. The auction sniping website does it for you so you don't
have to babysit your auction either. Then when you win you get an
invoice and pay.
Other than that the next biggest secret to getting a good deal is
knowing your limits. Unless you are buying a truly one of a kind
collectibel do a completed items search on ebay and see what the
average closing price is. Write down your high and low and set you
auction sniper to try the low bids first. If the doesnt work slowly
move your bids up.
I have gotten so good at this that I seldom pay more than the average
lowest price for items closing on ebay. Doing this saves me money and
keeps me emotionally dettached from the need to keep bidding even
though I can get it cheaper elswhere.
Do a google search for auction sniping sites, their are many sites that
offer this service and some will even do it for free for the first
couple so you can get your feet wet.
To Snipe or not to snipe that is the question
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