Re: OT eBay bidder's habits



X Kyle M Thompson <kyle.thompson@xxxxxxxxx> wrote:

> On Sun, 30 Oct 2005, Woody wrote:
>
> >X Kyle M Thompson <kyle.thompson@xxxxxxxxx> wrote:
> >
> >> I have just sold my PS2 on ebay, and was a bit worried that
> >> no-one was bidding on it, then suddenly people bidded in the last
> >> hour - why dod people do this? Why not just bid initially and
> >> then forget about it.
> >
> >That would be daft.
> >I always wonder why people bid before the last 10 minutes.
>
> Surely if someone is willing to pay more than you they will
> always win, whenever you bid?

Indeed they will. however, if you bid later, less people will drive the
price up. Something that goes up too early will get too expensive.

> I may as well have put the thing on for a 1 day auction as it
> turend out.

Probably wouldn't have gone up high if you did that. People have to see
it.

--
Woody

www.alienrat.com
.



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