Subject:
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Re: Bulk Listings On Ebay
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 13 Apr 2000 09:44:20 GMT
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Viewed:
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668 times
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Hi,
Jeff Hudson wrote:
> In lugnet.market.theory, John Hadd writes:
> > Has anybody noticed that the sellers who use the bulk upload seem to get lower
> > prices on their auctions? As a sniper, I find it impossible to bid on 25, • 50,or
> > 100 auctions all ending within a minute or two. One set of auctions just ended
> > tonight had many giveaway prices and the one I watched last night seemed to
> > realize very low prices on many items. Why anyone would use the bulk upload on
> > many items doen't make sense to me. I would maybe load them 10 at a time or
> > something, but a big bunch seems to drive away bidders. IMHO
>
> From a non-sniper bidder standpoint, I like these kinds of auctions. If I know
> I'm not going to be near my computer when the auction ends, I'm more likely to
> bid on this type of auction. Reason being I know that one person can't snipe
> all the auctions, so the odds that my bid will win are increased.
Likewise--I usually put mine up in groups of 15-25. All are different items, and
only rarely do they attract people who want a broad spectrum of items. I haven't
noticed a serious price diferential between putting up six and putting up 35; and
in fact one of the same lot sizes that went up in the former went up in the latter
and netted twelve times the first auction's amount. I'd say that unless you are
putting a serious dent in the day's ending auctions, you're not going to affect
overall price or bidding.
That last item, total volume of your auctions / total volume of auctions ending
that day, might have more of an effect. For example, if 250 LEGO auctions end on a
given day, and 140 of them are yours, you may get an algebraically (not
arithmetically) lower number of bids/lower cap on bids as people reach their own
spending limits or the limits of the number of auctions they can watch (what the
original poster mentioned above). But if you put up a LEGO pitchfork, I can almost
guarantee you it'll go for the same forty bucks whether it's one of 5 or one of
500--that is, if it's the only pitchfork up for auction.
Does it defeat the purpose to put up groups of 100-200 auctions at a time? Maybe,
but I can't imagine it being too significant (other than discouraging snipers,
which does not necessarily keep prices down--more people are just as liable to
place bids earlier, and the snipers will choose their preferred targets and drive
them that much higher). There are more than enough snipers for a few extra LEGO
lots. Or are you saying that *boredom* drives sniping behaviour? ;)
Sorry, 5.45am stream-of-consciousness drivel. Time for bed! zzzz~ :)
best
Lindsay
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Message has 2 Replies:
 | | Re: Bulk Listings On Ebay
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| (...) lower (...) ended (...) upload on (...) know (...) to (...) snipe (...) and (...) haven't (...) and (...) latter (...) are (...) affect (...) ending (...) end on a (...) own (...) the (...) almost (...) of (...) Maybe, (...) drive (...) LEGO (...) (25 years ago, 13-Apr-00, to lugnet.market.theory)
| | | Re: Bulk Listings On Ebay
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| (...) lower (...) ended (...) on (...) know (...) to (...) snipe (...) and (...) haven't (...) and (...) latter (...) are (...) affect (...) ending (...) on a (...) own (...) the (...) almost (...) of (...) Lindsay, This is the other point I'm (...) (25 years ago, 13-Apr-00, to lugnet.market.theory)
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Message is in Reply To:
| | Re: Bulk Listings On Ebay
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| (...) 50,or (...) From a non-sniper bidder standpoint, I like these kinds of auctions. If I know I'm not going to be near my computer when the auction ends, I'm more likely to bid on this type of auction. Reason being I know that one person can't (...) (25 years ago, 13-Apr-00, to lugnet.market.theory)
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