|
Yeah, except the system was NOT originally "set up" this way.
Originally there was no such thing as computer-automated "sniping" at the last
second. If you wanted to place a last second bid, you had to actually watch the
auction close and wait just as long as you dared to click the SEND button to try
and slip in that last over-trump bid in the few seconds before the auction
closed. If you cut it too close, your bid didn't get in, so this left enough
real-time for humans to do active last-minute bidding and counter-bidding. Now
it happens all off-screen in cyberspace where the sniper computers duke it out
in milliseconds. Since they are using the safe, logical maximums their users
plugged in days ago, without any real emotion or excitement, the final price is
often far lower than it would have been if those same people had been forced to
bid in person, keyboard-to-keyboard in that last minute or two.
That is how it was "set up" originally and it worked very well -- if you check the historical price databases, you will see that during this period the highest prices were being realized all across the board on eBay. Why? Because with that original set up people did place their opening bids earlier. Then someone trumped it. They got to thinking about it (in their minds perhaps they were already visualizing the poster on their wall...) and so they decided they were willing to "pay a little more" and entered a counter-bid. Real bidding contest would develop (just as they still do at live auctions) and prices were worked up, often above the sacred "I'm only going to bid so much and not a dime more" logical figure that people like to set early in an auction. The final last-second bids were often just the icing on the cake, adding even more to the price. The automatic sniping programs have ruined all that -- and I appreciate any
seller who tries to find a way to get back to some of that ol' time online
auction excitement. But I'm afraid they won't have much luck. The others are
right in saying that the sniping technique has now become so firmly embedded
that most people feel this is the way it is supposed to be, and should be, and
that it is wonderful and won't do it any other way. Too bad.
The idea of putting in a price of "I will only pay this much and no more"
was always there, by the way. You simply put in your hidden maximum bid and the
system incremented the price up to your maximum during the course of the auction
as other bids came in -- but that approach allowed for the price to rise during
the course of the auction and for people to "stake their claim" and it
allowed time get that bidding-contest thought process going (i.e., "I'm not
gonna let this bozo who's been bidding me up all week steal it at the end for
one more measly dollar!").
I think the original set-up was better, more interesting and exciting --and
I'm a buyer, not a seller. For sellers, I think the original set up was great.
But of course I personally do use a sniping program myself on eBay these days --
you have no choice. You have to use one in self-defense if you want to stand any
chance of getting the poster at all. Like I said: too bad -- it's nowhere near
as much fun as it used to be. Could this be yet another reason why eBay sales
are down? Because it's not much fun anymore?
By the way, no auction sniping programs have yet discovered www.MoviePosterBid.com, so the
potential for that ol' time auction excitement is still there at MPB. We've
had nice some bidding contests as a result. I hope the sniper programs
never support MPB -- but then again, I guess there are a lot of people out there
who wouldn't even consider placing a bid at MPB just *because* they can't use
their beloved sniper program.
And that's too bad as well.
-- JR
|
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT EBAY J R
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT EBA... Erich @ Posterdemic
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT EBA... Natalie
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT... Kirby McDaniel
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT EBA... Richard Halegua Comic Art
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT EBA... Twonine5
- Re: [MOPO] AN INCENTIVE NOT TO SNIPE AT EBA... And Anonymous

