urdahl50
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posted on March 7, 2002 09:37:14 AM new
I sell China by the piece if it is really popular and I know Bidders are looking for replacement pieces. Why do bidders out bid each other for the same piece when other pieces are sitting there without any bids?
Alicia
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peiklk
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posted on March 7, 2002 09:46:33 AM new
Sshhhhhh!
Don't tell them!
Actually, there are a number of factors: PayPal/No PayPal, BillPoint/No Billpoint, Seller rating, Shipping to other countries, Picture/No Picture, etc.
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trai
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posted on March 7, 2002 10:14:49 AM new
Mental ownership.
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sun818
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posted on March 7, 2002 10:15:00 AM new
Two identical items listed by the same seller. Only one auction has a bidding war and the other one is left alone. How do you explain that? I think there is more to it than just your business policies. Is that what you meant by etc.?
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urdahl50
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posted on March 7, 2002 10:29:35 AM new
SUN:
Yes, that's exactly the question. Or another seller has identical pieces at a lower price and they start a bidding war. The logic is just not there. (to me anyway) I always look for the best price, don't you?
A
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sun818
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posted on March 7, 2002 10:41:05 AM new
Price is important, but not the determining factor for me. Convenient payment options like PP,BP, or CC would sway me to add a few dollars to the total price. As long as there is one bid, I tend to get another.
What is it? It must be worth bidding on because someone else has bid on it? Do you gotta have it?
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mballai
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posted on March 7, 2002 10:42:40 AM new
Some people do not know how to shop. They get fixated on an auction and the hormones take over.
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urdahl50
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posted on March 7, 2002 10:48:13 AM new
Yep! hormones are a great thing!!
A
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peiklk
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posted on March 7, 2002 11:52:42 AM new
When I look for an item, first and foremost I look for a Buy-it-now that's reasonably priced. Otherwise I look for something ending soon. Something just listed that already has a bid of $1 or $2 is going to skyrocket over the next 5-7-10 days. No sense getting my hopes up.
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MsSwtHmAl
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posted on March 7, 2002 12:48:55 PM new
Sometimes it has to do with the time the auction ends. Maybe your item is set to end at a time that is convenient for them.
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REAMOND
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posted on March 7, 2002 01:43:22 PM new
I have only had this happen with newbie buyers. I can not believe that they will bid up an item, and if they had looked at my other auctions, they would see I have the same item BIN for less than their bid.
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freyj
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posted on March 7, 2002 06:37:03 PM new
There are just too many factors in this new medium to try to explain such a bidding frenzy. Some day it will undoubtedly be the subject of a paper by an MIT doctoral thesis.
There are a lot of subjective factors that are hard to predict. I get emails from winning bidders that explain why they bid so high, most of which are very personal and otherwise unreasonable.
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quickdraw29
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posted on March 7, 2002 09:38:34 PM new
Some people think it has to do with policies/feedback/etc, but I've done identical listings/same item/same day, usually just a different end time or category, and one will end with multiple bids and $14.00, while the other sits there with no bids at $7.50. It's all about being in the right place at the right time.
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