Well, that would be another way to differentiate MopoBid from Ebay.
Sothebys.com, may it rest in peace, worked in this way.
The question for you, I think, is whether this feature will be popular.
People are used to using snipes and setting the maximum they will pay.
I think that you can bet that ebay thought about this question when
they set up ebay --- or have considered it. I'm sure they feel that
changing the system for
ebay would be very dicey for them.
But for you? It might work well. I confess I don't really have a
sense of it.
In my auctions on Sothebys.com, I had several occasions where auctions
were extended --- and I got some very nice results on that auction
site.
Kirby McDaniel
On Jun 14, 2005, at 2:37 AM, JR wrote:
Kirby, Claude and others,
Actually, there may be a way to make on-line auctions behave in a much
more "traditional" fashion -- and that is to have the official end
time automatically *extended* by a set amount of time if there is a
last-second bid. We're actually trying to integrate this approach into
MoviePosterBid.com right now, but it is a real programming challenge
to make it work. The idea is that if a last-second bid comes in, say,
2 seconds before the item is scheduled to close, then the end time is
automatically extended by, say, another 60 seconds. If no other bid
comes in, the "fair warning" has expired and the last bid wins it. If
another bid comes in, it is now the high bid. If another bid comes in
that is within a few seconds of the new ending time, then the ending
time is once again extended for another 60 seconds, etc.
This way, you not only simulate the live auction effect of saying
"going once... going twice.. fair warning... sold!", but you also end
up pulling the teeth of the automatic sniping programs. People could
still use sniping programs to manage their bids and place their bids
for them while they are off doing other things, but you would no
longer have the situation where several automatic sniper bids battle
it out in the last micro-second of an auction -- because if that
happened, then the auction would be extended by at least another 60
seconds, giving anyone who is seriously interesting in continuing to
bid on the item a last chance to do so.
We hope to have this new auction approach in place fairly soon, but as
you can imagine it is a very tricky thing. You have to make sure
everything works just right in all circumstances because you are
adjusting the end time, the most critical moment in an auction, "on
the fly" -- and you are asking a computer do it instead of a live,
experienced auctioneer.
But we think we can make it work.
-- JR
----- Original Message -----
From: [EMAIL PROTECTED]
To: [email protected]
Sent: Monday, June 13, 2005 21:03
Subject: Re: [MOPO] Reply to Claude
Thanks Kirby
I agree with you that the "beat the clock" method is different than a
live auction but realistically it is the only way to have an internet
auction. You can call it a hybrid from the old standard, and i agree
with you, but I still think it is an auction. After all, no matter
how the game is played only one person ends up with the item.
However, because of sniping it is more of a crapshoot.
The second part about condition--i agree with you. Claude
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