THERE ARE A NUMBER OF REASONS AN EXPERIANCED BIDDER WILL PLACE A LOW BID AT FIRST TO MARK THE AUCTION, ESPECIALLY IF THE ITEM HAS NO RESERVE! WHY NOT START LOW AND HOPE YOU WILL GET LUCKY! YOU CAN ALWAYS RISE YOUR BID BUT YOU CAN NEVER LOWER YOUR BID!
IF YOU BID HIGH IN THE BEGINNING YOU OFTEN WILL RAISE THE PRICE IT WILL END UP COSTING YOU! THIS IS BECAUSE THERE MAY BE OTHER BIDDERS WHO WILL PLACE MULTIPLE BIDS TO TRY AND OUT-BID YOU!!
HAVE YOU EVER BID ON AN ITEM AND HAD IT SAY "SORRY YOU HAVE BEEN OUT-BID BY ANOTHER BIDDER" SOME PEOPLE GET CHALLENGED THEN THEY GET CAUGHT UP RAISING THEIR OWN BID IN COMPETITION WITH THE OTHER BIDDER.. THIS IS THE INTENT OF AN AUCTION TO START A BIDDING WAR!.
MULTIPLE BIDS MAKES THE ITEM SEEM MORE INTERESTING AND WILL ALWAYS RAISE THE FINAL PRICE. ITEMS WITH LITTLE OF NO BIDS WILL USUALLY SELL FOR MUCH LESS THAN THE EXACT SAME ITEM WITH MULTIPLE BIDS.
ALSO AFTER THE AUCTION ENDS EBAY WILL SHOW YOU HOW HIGH THE OTHER BIDS WERE.. WOULDNT YOU FEEL LIKE AN IDIOT IF YOUR BID WAS TWICE AS MUCH AS THE THIRD HIGHEST BID AND THE SECOND HIGHEST BIDDER WAS ONLY TRYING TO RAISE YOUR BID, AND MAYBE WAS JUST A SHILL BID??
EBAY IS ALWAYS A GREAT TO BUY OR SELL ITEMS BUT BE CAREFUL! IF YOU WATCH ITEMS OVER TIME YOU WILL NOTICE THAT TWO ITEMS THAT ARE EXACTLY THE SAME WILL SELL ON THE SAME DAY FOR RADICALLY DIFFERANT PRICES.
FOR EXAMPLE I BID LOW, WAS THE ONLY BID AND WON MY 2001 ORIGINAL VIPER SERVICE MANUAL ON EBAY FOR $19. THIS IS AFTER WATCHING PHOTO-COPIES OF THE SAME MANUAL SELL FOR WEEKS PRIOR AT $55-65...
