Dec 22, 2013

What's Your Auction - Live Auction Bidding Strategy?

With Valentine’s Day upon us, I’m sure all you romantics are diligently surfing eBay for that perfect and rare gift for your sweetheart. Of course, the fun in surfing eBay isn’t just found in bidding. Winning is even more fun, provided that you don’t pay too much. Therein lies the danger in auction bidding: You can always win if you must. All you have to do is outbid the competition. But, winning doesn’t always mean paying a higher price. Outbidding the competition is as much about strategy as it is about price.

That being the case, what’s your auction bidding strategy? At live auctions, are you a “stealth” bidder, who bids with a wink, a nod or a surreptitious wave? Or do you bid aggressively, hoping to scare off the competition? What’s your online bidding style? Are you a sniper or a squatter? Do you bid online using the same style of bidding that you use at a live auction? Read More

No comments:

Post a Comment