eBay requires you to set a minimum bid, the lowest bid allowed in an auction. All auctions have minimum starting bids, and some have a reserve price -- a secret minimum amount the seller is willing to accept for the item. Make it a point to shop around, and make your bid accordingly. Getting $1,150 for a $1,250 item is an 92% efficiency and would be considered a success in almost any auction. Here is eBay's help page that explains automatic bidding. How It Works: Uncover eBay auctions/items with no bids but ending soon. Make sure you really want the item, because if you don't pay, the seller can file an unpaid item strike against you. Sponsored Brands Once the bids go over your reserve, you have to sell to the highest bidder. As anyone who has even looked at a sample of bids from an eBay auction should know, there are a variety of different strategies that people use when bidding. If you've made a mistake when bidding on an item, you can retract your bid in certain circumstances. eBay offers a tip when the bidder places a bid that doesn’t meet the current bid. If an existing listing hasn't received any bids and there are at least 12 hours left in the listing, you can add a reserve price. You may be able to retract your bid. They started with a $.99 minimum bid. You can choose to do the work and control the keywords and bidding, or select automatic targeting, which allows Amazon to match your ad with relevant keywords; Works Best For: Customers already in the decision-making process. Do not close any case until you have your item returned. And About.com has a nice short guide on Understanding eBay Bidding, where it states, "You may pay less than your bid if you win. ... minimum and/or max purchase requirements, category/item restrictions, coupon reuse limitations, and expiration date.) $2.75: $0.25: $3.00 “Do I hear $3?” You tell your proxy your maximum bid is $25.00 and take a nice, eBay offers a proxy bidding service that allows you tell eBay beforehand the highest amount you are willing to pay. That's because you're trying to get me to end the listing early, and miss out on the chance that later bidding would raise the selling price. And you should make that $40 bid even if, at the time, the current bid is only $1. Wider targeting options. Retracting a bid. Here's how: Find your listing in My eBay Selling - opens in new window or tab or Seller Hub - opens in new window or tab. Pricing your items | eBay 554783836913 232ef11d-98fb-4ffe-9905-471576d6cff4:1765976b1cc 19997 Current Bid Bid Increment Minimum Bid eBay Auctioneer Bidders; $2.50: $0.25: $2.75 “Do I hear $2.75?” Joe Bidder tells his proxy that his maximum bid is $8.00. You may be surprised to see stuff worth tens of thousands of dollars offered for auction starting just a under a buck. I have just tried to bid on items in my watch list and its letting me bid the amount I … This isn’t the case, again thanks to eBay’s automated bidding software. Many buyers seem to think "Make Offer" to mean they have to offer a lower price, some even think they have to offer a ridiculously low price and alienate the seller straight away, if you are really interested in an item that is open to offers then decide what the item is worth to you and make that your best offer, (leave a little room for negotiations) the worst the seller can do is say no thanks Look around on eBay for similar products to get an idea of what other sellers are charging. Simply enter the maximum bid while placing your first bid, and enable eBay to do this for you. Why sniping with one's maximum value is the optimal bidding strategy for eBay. However, remember that minimum seller requirements apply to list Fixed Price items. She can start the auction at $75, but set a reserve for $150. Auctions are how items were originally bought and sold on eBay, and they continue to be popular. If you place a bid on an item, you enter a contractual agreement to buy it if you win the auction. eBay Coupons Frequently Asked Questions (FAQ's) General. 11) Is the Fixed Price format available for all of eBay's sites? the minimum amount that a bid … Ebay does not require a seller to pay shipping both ways. This can be frustrating, and they may quit bidding because it might take them several bids to top the current bid placed by someone who is familiar with the proxy bid system. I had to do this for another item which only went for £1.50 .I have no idea why it has done this . Auction-style formats Auction. If your item is valuable you can set a 'reserve' (minimum £50), which means that even if people bid, you don't have to sell your item if the bids remain below your reserve figure. If the Starting Price is $5.00, the first bidder has to bid at least $5.00, but can bid more. 2 min article; Automatic bidding. Some keep increasing their bid over the course of the auction (which is called "nibbling"). 2 … 2 min article; Tips for winning auctions. Yes. If you see an item that you absolutely must have, mark it to watch on your my eBay page (or make a token bid) and revise your maximum bid as … Lowering your maximum bid. A few hours later I received a message from the seller that there is a minimum purchase, you can not buy just one item, you have to buy at least two. Here is the math for that: $50 x 13 = $650. Once someone has bid on your auction, you can't withdraw your item. eBay auctions with zero (or fewest) bids, but ending within mere minutes/hours, can contain 'hidden' bargains overlooked by most eBay shoppers and thus available at opening-bid prices. See Bidding on eBay to find out more. If there is also a Reserve Price, there is no winning bid until … When it looks like someone wins by just one bid increment (or exactly at the reserve price), that's not their actual (secret) bid unless they win by less than the minimum increment. Few people read eBay's fine print, so few people realize that the amount you enter as your maximum bid will probably not be what you pay, so long as you bid at the last second.. Speaking as a seller, if you're going to make an offer on an auction listing, then it should be higher than the minimum bid amount. ... With the immediate payment option on eBay, a listing is still available until a buyer has completed the purchase. They told me that in order to ship the item I already paid for, I would have to purchase another - either the exact same one or a different one, and in that case the shipping amount would go up. During the auction, it will place automatic bids for you above the highest bid, keeping your bid below the max you indicated at the start. This is especially useful when you're selling time-sensitive items, like tee times, food or holiday packages. Too many unpaid item strikes and your eBay … Auctions are different than fixed price listings in this situation. In the event a case is opened the best the buyer in any case will win is the original bid and they will have to return the item to get that. The Fixed Price format is available on all eBay sites (eBay Germany, eBay … These sellers haven’t lost their minds. Auction-style listings on eBay will often have multiple competing bidders, and you can maximise your chances of winning by having a well thought out bidding strategy. When you win an auction you always actually pay only a small amount more than the next highest bid-even if your bid was thousands of dollars more." Select Revise from More actions. As long as your maximum bid is the highest one among all maximum bids from bidders currently in the auction for an item, eBay will automatically adjust your current bid to be equal to the second-highest maximum bid, plus one bid increment (i.e. I'd love to know if "eBay's price suggestion" is actually my minimum bid … $500 [starting bid] + $650 [bid revenue] = $1,150. When you create an “Auction” listing, you specify an opening bid for your item(s), as well as how long you want the auction to last. If the bidding doesn't reach the reserve price, the seller doesn't have to part with the item. The bidder never knew the reserve price before that moment bidding at or above it. Retracting a bid. If you place the minimum as a token bid when you first see the auction, you can foil a Buy It Now from another bidder. You can't lower your maximum bid. When you place an automatic bid (a proxy bid) on eBay, eBay’s bidding engine places only enough of your bid to outbid the previous bidder. Simply enter the highest price you're willing to pay for an item, and we'll do the rest. Buyers impacted by your requirements can still see your listings, but they won't be able to bid on or buy your items. The downside is that new bidders who aren’t familiar with the system may bid only the minimum required increment each time. The fees detailed on this page apply to sellers whose account is not activated for Ebay wouldn't reveal a bid of $101 or $5,000 if the reserve was $100. If you've made a mistake when bidding on an item, you can retract your bid in certain circumstances. For more information, see our detailed article on eBay Best Offers. Automatic bidding is the easiest way to bid on an auction-style listing. Imagine a seller wants to get a minimum of $150 on a specific item. He’s the current high bidder at $2.75. If there are no previous bidders and the seller has not entered a reserve price, your bid appears as the minimum auction bid until someone bids against you. ... Coupons may increase the number of bidders and buyers on eBay, and may encourage recipients to bid more and on higher value items. Now, you might think that if the bidding is at the $1 level, you should bid no more than $2 or so. She may be worried that such a high starting price on an auction will deter buyers and no bids will be placed. But I'm suspicious by nature and have had far too many buyers 'guessing' my minimum bid in one try. The Best Offer is a commitment to buy, the same as making a bid on an auction item or purchasing an item at full price. (Buy It Now is disabled after a bid is in place.) Remember: the bid price will increase up to (but not exceeding) your maximum bid if other members bid against you. Hi I tried to bid on an item which was £1.50 and put £2 it told me I had to bid £3 and this was only yesterday. Cost: Minimum cost-per-click .2c, minimum daily budget $1. 2 min article You must have a minimum feedback of 10 or be ID Verified for single quantity listings. 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