eBay sniping

From: Mike Ford <mikeford_at_socal.rr.com>
Date: Thu Apr 24 17:58:46 2003

>I have mixed feelings about sniping. I've lost a number of bids to
>"snipers". The thing that bugs me about it is that for items I care
>about, I don't have an opportunity to respond to the snipe. Most of the


A) Sniping makes us feel bad about losing items we really would not have
bid a lot more for anyway.

B) Sniping makes us feel bad about losing items we really would have bid a
bit more for (and maybe, maybe not have won).

Solution
Always bid what you REALLY would be willing to pay for an item and stop
fussing about it.

or

Start sniping, especially on items you really want, but really prefer to
get at a lower price.

The simple fact is that seeing that somebody else is willing to bid X,
often increases the value of an item to X+ something in our minds. With one
of a kind items, that + something can get pretty wild too. Paying too much
for something you really want can't be that great of a sin anyway.
Received on Thu Apr 24 2003 - 17:58:46 BST