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In lugnet.market.theory, Peter White writes:
> In lugnet.market.theory, Lindsay Frederick Braun writes:
> > 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
> >
> As a sniper from a far-off land, who needs to snipe to get enough items to
> justify the freight, bulk items are difficult to keep track of.
> But there are bulk auctions with lots of items of interest and bulk auctions
> without much of interest.
> Remember snipers get sniped as well.
> For the tortoises put in your maximum bid and hope for the best,not just your
> maximum minimum bid.
> -pete.w
Pete, This is my conclusion also, It's hard to keep track of the large bulk
uploads,especially if one wants to get some combined shipping. As I win more
lots I tend to bid more to get the deal on shipping, but with 84 auctions all
ending in 2 minutes,it's impossible to really know where you stand. I know I
can get sniped, but if there is at least a minute between auctions I have time
to react. John
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Message has 1 Reply:
 | | Re: Bulk Listings On Ebay
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| (...) John, Recently I bid on half a dozen items and threw one in just as an add on, guess what,I only won the add on. So I then had to throw in some bids on the second batch to try and make it worthwhile. More staggered auctions means the more I (...) (24 years ago, 14-Apr-00, to lugnet.market.theory)
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Message is in Reply To:
| | 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 (...) (24 years ago, 13-Apr-00, to lugnet.market.theory)
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