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Say John ups the bid to $11, then Jane’s proxy will automatically up it to $11.5. It’ll bid the next least amount that’ll allow Jane to outbid the winning bid without surpassing her “maximum bid”. So eBay’s “proxy” will do automatic bidding for Jane. Bid increment increases as current bid price increases, here’s a quick reference: The bid now jumps to $10.5, which is eBay’s bid increment for items with current bid price between $5 and $24.99. So what happens now? Does the current bid increase to $800? Does Jane have to pay $800 now? No, not at all. She knows that she can get that phone locally at $999, so she decides that the maximum she’s willing to spend to acquire it through eBay (and still save quite a bit on it) is $800. Rather than bidding $10.5, Jane will set her maximum bid at $800. So for instance, say there's a new smartphone retailing at $999 with the current highest bid being $10 by John. Rather than watching the auction and responding manually to competing bids, eBay actually allows you to set a maximum bid from the very beginning. Now that is called nibbling, we talked about it in the previous section above. So John bids $10, Jane bids $10.5, John bids $11…etc. They could be watching the auction at the very same time and upping their bids accordingly.

Say we have two people bidding on an item, John and Jane. Let’s illustrate proxy bidding with an example. It’s there to ensure the ecosystem remains fair for everyone. Proxy bidding is actually a system placed by eBay to guarantee that the person willing to pay the most for an item wins the auction regardless of when they actually placed their bid. We’ll get into sniping in the next section but in this one, let’s focus on proxy bidding. In fact, my most recommended strategy is kind of a hybrid between proxy bidding and bid sniping. This would be my second recommended bidding strategy after sniping. When they see other people actively bidding and seemingly “fighting” over the item, they decided they want to get a piece of the action. The “social proof” gets people interested and excited in an item they may have otherwise ignored. On the other hand, people against the strategy argue that nibbling is a double-edged sword that may as well attract a lot of bidders due to the increased activity on the item. This increases your chances of winning the auction. People for this strategy argue that early “nibbling” activity in the auction by multiple bidders typically discourages a lot of non-serious bidders from jumping in because the auction looks intimidating and the price is going up fast early on in the auction (even though it’s still below market price, otherwise you wouldn’t continue bidding). Once the first bid is placed on the auction, the BIN price disappears and it’s no longer possible to buy using BIN. Sellers may allow items to have a BIN price as an alternative to the auction. “But It Now”, also known as “BIN” is not a bidding strategy per se, as using “buy it now” circumvents the whole bidding process. Some popular Auction & Bid Sniper Strategies Buy It Now

Jbidwatcher watched items time for free#

Worst case scenario, you try them out for free and you don't love them. If I had to recommend just one or two, I think that BidSlammer and Gixen are the best two. If you're getting super serious, then you can take a look at the paid plans. Their free plan is more than enough for the majority of users. These services work as a sort of freemium model. The snipers listed above are powerful, reliable, and trustworthy (and I don't get anything for recommending them). But the good news is that there are some great services that don't cost you anything at all. If their reliability can’t be trusted, might as well snipe manually.

Jbidwatcher watched items time password#

The reputation part is obvious, you’ll be giving them your eBay password after all.įinally, they need to be reliable because they’ll be bidding on your behalf on tons of auctions in the last few seconds. Most services are pretty close when it comes to features. When choosing a sniping service, the top things you want to look for are reputation, reliability, features, and cost. There are many sniping services out there, the majority of them are inexpensive.

Jbidwatcher watched items time manual#