I agree, Patrick.
  Richard

Richard Del Belso

Date: Mon, 25 Feb 2008 13:28:02 -0800
From: [EMAIL PROTECTED]
Subject: Re: [MOPO] More about my coming auctions that are NOT on eBay
To: [email protected]

Jeez,  as for 'fair' or 'unfair' an argument could be made for both.   First, 
define Fair.  Bruce will have unfixed endings because he feels it is fair, 
given his needs and it will benefit his bottom line.  Who can blame him?  This 
is a business and that is certainly fair.   In fact, it's likely that Bruce 
will work out any 'kinks' so that those participating will feel that it is a 
fair auction in the long run.  Still, the task is not simple.  For in an 'in 
person' "Live" non fixed ending auction you don't bid your maximimum amount up 
front, you are there to 'feel' the room, etc. not to mention see the item in 
person that you are bidding on.  And in person "Live" auctions are not unending 
but end when someone IN THE ROOM reaches the highest bid for that item.  The 
problem with an online 'auction' is that unless it is "Live" not everyone who 
is bidding or has bid is in the room at the same time.  Not everyone has the 
same chance to bid their highest amount by using strategy which is what one 
does when sniping in an effort to 'win' an auction that you may or cannot be 
present for.  I must add here there Sue Heim says it best when you tell her 
that you 'won' an auction on Ebay.  To quote Sue..."Oh, great, congratulations, 
you won, does that mean you don't have to pay for it?"  HA!But to say that it's 
completely fair to continue an auction unending really means that whoever is 
present online when Bruce has finally had enough and says "going, going, gone" 
thinks it's VERY fair and the others either won't know when this moving ending 
line is about to end or will not be allowed to use the strategy inherent in 
bidding for items in person.  It's as if what's being created is an online 'in 
person' auction where many of the bidders might need to run to the metaphoric 
bathroom (or to bed, perchance to dream of a poster they just lost, or work, or 
T-Ball games, school plays, etc.) when the auction they are bidding on finally 
ends.  In other words, they won't be able to always be there to bid the item 
up, which means their only option is that they will be forced to bid their 
highest amount before leaving the computer.  The online Ebay 'fixed-ending' 
auction does provide for a level playing field inasmuch as everyone knows or 
can strategize using the rules inherent to the game; either bid early and often 
or learn how to snipe or find a service to do it for you.  What does it matter 
if you bid the most you want to spend with 3 seconds left or 3 days left?  It 
matters a lot if it's online and NOT "Live."  A service can make time 
'relative' and I just see the confusion of a possibly never-ending auction 
where the 'finish line' keeps moving as maddening.   I mean how is it 
considered fair if that item you coveted finally ends at  9am in NYC but 5 am 
in Hawaii or elsewhere around the globe...then you have the audacity to say 
'well, I guess you just didn't want it enough?!'    That's ridiculous.  Maybe 
I'm not understanding the whole pluses and minuses of this idea, maybe Bruce is 
planning "Live" auctions which renders all the ideas within this note moot, but 
the benefit of the Ebay or any fixed ending auction is specific to it being 
'online' and not "Live."  Fixed ending, online NOT "Live" auctions give the 
bidder some modicum of control over when and how they will strategically bid, 
especially when considering bidding on several items from several Sellers, not 
to mention estimating how and where to budget for those bids when more than one 
item is desired from those in Bruce's auctions while simultaneously bidding on 
other items from other Sellers.  Now if only Bruce could figure out how I can 
'win' an auction, then NOT have to pay for it (and still get the item and live 
happily every after...).  Of course, with all his book giveaways he's the 
closest I've ever come to it!Patrick TupyOn Feb 25, 2008, at 11:38 AM, Craig 
Miller wrote: I'm certain you're honest and believe what you say,  but auctions 
that 
 continue until people stop bidding are "unfair"?  Really?  All the millions of 
 auctions have occurred over time in places that aren't eBay have been 
 unfair, because people could bid until they were through?  It's only those 
 auctions where there's an arbitrary ending time that are fair?  Especially 
 when some of the bidders have access to external bidding software; that 
 makes them really, really fair.

 Craig.

 
 At 01:36 AM 2/25/2008, [EMAIL PROTECTED] wrote:
 My Two penneth
  
 Bruce I can understand your feelings about fixed end as opposed to extended 
end auctions, however fixed end I think is the fairest way.
  
 If you are at a live auction the hammer drops no more bidding on that item, 
same should happen on an internet auction, if you have the standard ebay seven 
days then instead open it up to ten days but the end is the end.
  
 Otherwise how long will an auction go on for.
  
 If a bidder loses out then so be it, he didn't bid enough. We all have had 
regrest when bidding "oh I'd have paid an extra $5 or $10" but what if your 
opponent had bid an extra $100 or $200 would you go that far? Maybe and mybe 
not. I am sure we have all learned our lessons and had our fingers burned with 
getting into auction fever, If that is what you wish to encourage Bruce, but my 
personal opinion is that it is not a fair way to operate.
  
 With open ended auctions you could be accused of greed, with such a business 
operation that you have Bruce, you don't need to be tarred with such a brush as 
your turnover is exemplarary.
  
 The only other point I would make, if you are dispensing with ebay then you 
are in the position to makes some savings which you can pass on to your 
customers both sides. This will encourage punters to bid that little extra more.
  
  
  
 Apart from that I wish you well with starting your own auction site I am sure 
it will be a success with all the past reputation you have from ebay. 
  
 Best of luck.
  
 Adrian
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