Bidding On Slow Ebay Auctions And Winning
in a day while some go much slower, garnering only two or three
bids throughout. Auctions generally slow down during summer
and speed up during the winter. However sales on eBay are
slowing down as more sellers than buyers sign up in the hopes
of getting rich quick. However, there are many methods that
you can use to turn the 'slower' auctions to your advantage in
order to get the best price.
The first method is to wait to bid. When you see an item
that is moving slowly, don't bid immediately. Instead, wait
until it is almost ending before bidding on it. This is due to
a number of factors. By bidding, everyone can see that you
are interested in the item, and that might interest them in
the item too. Leaving an item alone for as long as possible
helps keep the price down and makes the item appear to
be unpopular, allowing you to bid at the last minute to
obtain a bargain.
Secondly, use eBay's 'Best Offer' service. If a seller is
selling an item using 'Buy it Now' and it still hasn't sold
when the auction is ending, using 'Best Offer' to make an offer
usually results in the seller simply accepting your offer so
they can get rid of it. This applies to items which do not
usually sell well as the seller would probably have relisted
the item two or three times before, and so be too annoyed at the
prospect of re-listing that they would simply accept the
offer to get rid of it.
Thirdly, conspiring with other buyers can often result in a
win-win situation where both of you can buy an item for
cheap as you avoid bidding and raising the price of the item. This is
especially if there are two or more similar items that you
are interested in. Making a few friends can provide you with the
contacts to work together on auctions in the long term.
Taking in turns to bid on different auctions results in a win-win
situation for all involved.
Acting as a discerning buyer also intimidates the seller
into feeling better about a lower price. Asking detailed
questions about the condition of the item, acting as a
knowledgeable buyer also makes the seller reconsider
his price, and he is more likely to give you a lower price
than he originally requested. With the number of sellers
on eBay now, common items have their prices forced to
extremely low prices. This is how the market functions
- supply and demand.
Lastly, buying in bulk allows you to purchase a sellers
stock for extremely low prices. When auctions are slow, bulk
offers usually have the seller eager to offload their goods for a
low price. Essentially, the longer you spend on eBay, the more
experienced and discerning you become, and the greater the
chance you'll stumble upon an auction for something unique
and totally unexpected.
About the author:
Learn how to successfully sell your stuff for a profit on
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