Anatomy Of An eBay Bidding War
- From: John Turco <jtur@xxxxxxxxxxxxxx>
- Date: Fri, 13 Apr 2007 03:32:47 -0500
Hello, all:
Here's an interesting eBay <http://www.ebay.com> auction, completed on
4-8-07:
Kodak Easyshare CX6200 - Item number: 320099305950
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320099305950
Bid History
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=320099305950
The item's description:
"Up for auction is a kodak easyshare cx6200 digital camera. The camera
comes with the following: 128mb card, case, tripod, instructions, usb
cord, and of course the camera. The camera is in excellent working
order. This is 2.0 mega pixels and a 37mm lens. There is a tiny crack
in the camera that doen't affect it operations at all. I tested the
camera with two double A batteries and it works fine lens and all. For
use on computer you will need to buy the software."
Bidder info:
Bidder 5
Feedback: 1 to 9 ? 100% Positive
Registered on eBay: Between 3 and 4 years
Bidder 4
Feedback: Zero ? 0% Positive
Registered on eBay: 1 week or less
The seller's starting bid was $9.99, and on April 8 (the last day), I
placed the first (and my sole) one, $13. Then, as expected, there was
a flurry of activity, with eight more bids made.
The winner (Bidder 5) edged out Bidder 4, $202.50 to $200.00. Alas, the
CX6200's "list price" was only $130 USD, when Kodak introduced it, in
2003! (It's out of production, now.)
Currently, in fact, Broadway Photo <http://www.bwayphoto.com> is selling
the CX6200's replacement (C300, 3.3 megapixel), for $47, refurbished.
As you can see, a few paragraphs above, Bidder 4 is a newcomer to eBay.
His only bid was $200, after Bidder 2 posted $17.01. Within a half hour,
Bidder 5 entered four more bids, finally nipping Bidder 4, near the end.
Why he allowed an eBay rookie, of all people, to goad him into jacking
up the cost to $202.50, is quite inexplicable. Both individuals must be
absolutely clueless, about digicams!
Sad, truly sad.
Incidentally, eBay has recently altered its "bid history" policy:
"To help keep the eBay community safe, enhance bidder privacy, and
protect our members from fraudulent emails (such as fake second chance
offers), eBay has changed how bid history information is displayed. If
you place a bid on a higher-priced item, only you and the seller of the
item can view your User ID in the bid history. Other members can no
longer view User IDs and will see anonymous names, such as Bidder 1."
It's a lucky thing, too, for Bidders 4 & 5, as thus, they were spared
public humiliation. <g>
Cordially,
John Turco <jtur@xxxxxxxxxxxxxx>
PS: I obtained a used CX6200 ($20, total), via eBay, in August. I really
wanted the proprietary USB cable that was included, as Kodak is asking
around $20, for it, alone.
My CX6200 works okay, but, its LCD panel is dead. That's why I was
hoping to win this auction, although, I was almost certain somebody
would "snipe" me.
.
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