How to Bid Q - How do I place a bid?
A - 1. Carefully review the item listing, and click the “Place Bid” button.
2. Enter your maximum bid.
3. Click the “Continue” button.
4. Review your bid, and click the “Confirm Bid” button.
eBay will bid on your behalf up to your maximum. You'll get an email confirming your bid. And at the end of the listing, you'll receive another email indicating whether you've won the item, with an explanation of next steps.
*Tip: Until you click the "Confirm Bid" button, your bid will not be entered into the system. Always review your bid amount before confirming to avoid mistakes such as typos. Should an error occur in the bid amount, simply use the back button on your browser and re-enter the correct bid amount.
Q - What are some good bidding strategies?
A - Everyone has their own way of bidding.
Some prefer to bid early in the listing using eBay's proxy bidding system.
Others will place the item in My eBay, Watched Items, and bid late in the auction....even as late as the last few seconds. This is referred to as Sniping, which is defined as "the art of placing a bid, with a high proxy, during the last few seconds of an auction. The intent is to leave no time for a manually placed reactive bid from another bidder."
See post #2 regarding 'Proxy Bidding'
See here to learn about Snipe Bidding -
http://cgi3.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=supersniper Q - What is the most efficient way to bid?
A - A good general rule of thumb frequently given by Answer Center Responders is to:
Bid once.
Bid the maximum amount you are willing to pay.
Bid as late in the auction as you are comfortable...the later the better.
Many seasoned eBayers will agree that the most inefficient way to bid, is called "nibble bidding". Nibble bidding occurs when a member bids against another members proxy bid by bidding one increment at a time in an attempt to outbid the earlier proxy. Or, in a reserve price auction.....the bidder will bid in increments in an attempt to reach the reserve price.
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