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Why do you get idiots paying over the odds on Ebay ?

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Old 04 January 2009, 11:26 AM
  #31  
cossie-nutter
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It's not just Ebay actions they are ruined it's also car auctions

1 car auction that springs to mind was at Cambridge and Mr Polski bided a Ford Puma S reg up to £1900 (The week before I brought 1 of these in better condition for £590!)

Then again....

Mr Polski bided a Nissan Micra W Reg up to £2200 when only worth at the Auction £790 / 900

It's crazy they haven't got a clue and IMHO is the same thing that's happening on Ebay!
Old 04 January 2009, 12:49 PM
  #32  
51st state
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Originally Posted by cossie-nutter
It's not just Ebay actions they are ruined it's also car auctions

1 car auction that springs to mind was at Cambridge and Mr Polski bided a Ford Puma S reg up to £1900 (The week before I brought 1 of these in better condition for £590!)

Then again....

Mr Polski bided a Nissan Micra W Reg up to £2200 when only worth at the Auction £790 / 900

It's crazy they haven't got a clue and IMHO is the same thing that's happening on Ebay!

lets hope mr polski wants to buy subaru impreza's in the near future
Old 04 January 2009, 01:39 PM
  #33  
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Originally Posted by MikeCardiff
Yoza, not a bad plan, but falls down on a few points...

1) I doubt you'd get them into this country that cheap, not once you have paid the shipping for a container and import duty. The mark up on hardware for gaming stuff is pretty tiny, most of the money is made on games.

2) To open a trade account with Nintendo will probably need a MUCH bigger initial order than that - in all honesty they would tell you they wont sell to you direct, and would make you open an account with their UK distributor, who wouldn't let you open one when you tell them you aren't already a business, don't have a retail shop, and are hoping to flog the lot on Ebay.

If it was that easy and cheap, sellers who already have trade accounts with Nintendo would be importing them by the container load and selling them for £30 or £40 to beat all their competitors and making a fortune.


That's easier than you think mate.

My friend and I went half's on 20 ps3's 2 months after they were first released, all brand new with manufacture warranty. we paid something like £200 each for them and sold them for £350 each. Youv'e just gotta do it at the right time to get it right, and when you get it right its bloody brilliant
Old 04 January 2009, 01:46 PM
  #34  
Paul3446
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Can anyone explain why anyone bids on something when there's about 6 days to go?

There is no reason to bid until a few seconds from the end, but people just don't understand!
Old 04 January 2009, 01:49 PM
  #35  
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Shill bidders probably mate
Old 04 January 2009, 02:51 PM
  #36  
RJM25R
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Originally Posted by Paul3446
Can anyone explain why anyone bids on something when there's about 6 days to go?

There is no reason to bid until a few seconds from the end, but people just don't understand!
I'll explain what I do:

Put in a bid early on, for the amount that I would happily pay for the item.

Ignore said item for a week, or however long the auction is, and see if I've won. I find that it works for me, as I don't like the idea of bidding against someone at the last minute and paying more than my original set amount. It also means that I don't have to be "online" to make my bid in the last few seconds.
Old 04 January 2009, 02:53 PM
  #37  
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Originally Posted by RJM25R
I'll explain what I do:

Put in a bid early on, for the amount that I would happily pay for the item.

Ignore said item for a week, or however long the auction is, and see if I've won. I find that it works for me, as I don't like the idea of bidding against someone at the last minute and paying more than my original set amount. It also means that I don't have to be "online" to make my bid in the last few seconds.
Same as me. I'd rather bid my set budget early and if I'm prepared to pay more, I'd log on near the ending to watch
Old 04 January 2009, 02:58 PM
  #38  
Paul3446
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Unless you cannot be online at the end, you are only pushing up the price that you will pay.

Have your maximum price in your head and put that in with 10 seconds to go.

That way, you don't have time to up your bid and no-one else has time to outbid you, if put in that bid with a week left, you are likely to get outbid before the end.
Old 04 January 2009, 02:58 PM
  #39  
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The answer to the original question is in the title - 'Idiots'.
Old 04 January 2009, 04:40 PM
  #40  
wagrain
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I have phases of buying stuff in bulk and then selling it on ebay for a huge profit. Its easy money, but you MUST ALWAYS send via a fully trackable insured delivery service. Then if they claim an item hasn't arrived, you either have proff they DID receive it, or can claim it back from delivery company.


We're waiting for a container from China that me and 2 friends have clubbed together for. It's now in the UK and due to have passed customs and be delivered to our storage some time this week.
Cost us $500 to have the container shipped from China to our UK storage plus the cost of the contents $30k(which you have to pay up front to the Chinese) We got an exchange rate of $2 to £1 when we did the transcation so we we're happy with that!

If we only sell 50% of the container stock at prices 35% lower than UK retail prices we will get our initial investment back plus another 200%.
If we sell the lot then we will be more than happy!
Old 04 January 2009, 05:16 PM
  #41  
Ru55e11
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Originally Posted by wagrain
I have phases of buying stuff in bulk and then selling it on ebay for a huge profit. Its easy money, but you MUST ALWAYS send via a fully trackable insured delivery service. Then if they claim an item hasn't arrived, you either have proff they DID receive it, or can claim it back from delivery company.


We're waiting for a container from China that me and 2 friends have clubbed together for. It's now in the UK and due to have passed customs and be delivered to our storage some time this week.
Cost us $500 to have the container shipped from China to our UK storage plus the cost of the contents $30k(which you have to pay up front to the Chinese) We got an exchange rate of $2 to £1 when we did the transcation so we we're happy with that!

If we only sell 50% of the container stock at prices 35% lower than UK retail prices we will get our initial investment back plus another 200%.
If we sell the lot then we will be more than happy!
Right. So whats in the container then?

<Russ>
Old 04 January 2009, 08:23 PM
  #42  
wagrain
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Originally Posted by Ru55e11
Right. So whats in the container then?

<Russ>
First rule of business:

Don't tell anyone your plans or they might jump on the bandwagon and take some of your profit.

I missed out on a bandwagon a few years ago.
Years and years ago, before mobile phone ringtones and logo's were all the rage, I had the software and hardware to do them. I was sending them to friends and family via text messages or by connecting them to my pc. I was doing it for years before it became big.
For those of you that have been members on Scoobynet since the early days, you may recall a guy sending out Scooby type logo's (Impreza, STi, WRX sort of thing)for free to your mobiles, all I needed to know was your mobile number and what network you were on. That was me! I sent out over 600 logo's via scoobynet free of charge.
I was trying to get the business set up to offer them for sale via txt, but didn't have the infrastructure inplace to sort this and kept getting doors slammed in my face. I went through a company (that now specialises in these amongst other stuff) but had it ripped from under me It was as if someone didn't want me to do it. Within a few months of me trying to get this off the ground, it started appearing in the newspapers and mags.
The rest is history.

No I longer tell ANYONE of my plans unless they are directly involved.
Old 04 January 2009, 08:40 PM
  #43  
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Right. So whats in the container then?

<Russ>
Knock off Viagra
Old 04 January 2009, 08:46 PM
  #44  
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Originally Posted by Paul3446
Unless you cannot be online at the end, you are only pushing up the price that you will pay.

Have your maximum price in your head and put that in with 10 seconds to go.

That way, you don't have time to up your bid and no-one else has time to outbid you, if put in that bid with a week left, you are likely to get outbid before the end.
Sorry but that's bollox There are so many people using sniper software these days that if it's one they've targeted it doesn't matter when you put your bid on. I've used both ways over the years, these days I tend to use RJM's method successfully enough
Old 04 January 2009, 08:50 PM
  #45  
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Originally Posted by cossie-nutter
It's not just Ebay actions they are ruined it's also car auctions

1 car auction that springs to mind was at Cambridge and Mr Polski bided a Ford Puma S reg up to £1900 (The week before I brought 1 of these in better condition for £590!)

Then again....

Mr Polski bided a Nissan Micra W Reg up to £2200 when only worth at the Auction £790 / 900

It's crazy they haven't got a clue and IMHO is the same thing that's happening on Ebay!

I'm confused

Who exactly are high bidders ruining it for exactly, apart from those hoping to grab something for a steal
Old 04 January 2009, 09:54 PM
  #46  
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I agree


Anyway on a lighter note. wagwrain seems like you do what I do but MUCH larger quantities

We should talk business lol
Old 04 January 2009, 09:55 PM
  #47  
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Quote:
"Sorry but that's bollox There are so many people using sniper software these days that if it's one they've targeted it doesn't matter when you put your bid on. I've used both ways over the years, these days I tend to use RJM's method successfully enough "


If you can give me one example where this way can possibly get you an item cheaper than waiting until the last minute, I'd love to hear it.

If someone is using sniper software then you probably won't win it either way, but if they are not, you have a chance to get the item cheaper by waiting until the end, you can't possibly get it cheaper if you have already joined the bidding war and put the price up.
Old 04 January 2009, 09:58 PM
  #48  
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Put it this way I've ALWAYS bid first on an item, hell my old black mk3 2door golf gti 2.0 16v (yes very hard to come by cheap now and very regret selling it last year ) i bid on literally a few seconds after the guy listed it, and I won it UNDER my set budget. Few other bids on but still got it at a nice cheap price I was over the moon had been searching for the right one for absolutely ages.

Infact I've only ever lost a handful of auctions on ebay, and I always bid very early. I never like to bid in the dying seconds incase comp crashes, you click on wrong link (bloody annoying and has happened to me, lol) etc etc.
Old 04 January 2009, 10:24 PM
  #49  
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Originally Posted by ash002004
Same as me. I'd rather bid my set budget early and if I'm prepared to pay more, I'd log on near the ending to watch
Auction Sniper and Sniping Service and Software for eBay Auctions (eBay auction sniper)

costs pennies (i think your first few are free) allows you to do exactly what you do now --- but just puts the bid in with 2 secs to go

so even if someone wants to outbid you they dont have time -- I rarely loose an auction -- you still have to be careful with your maximum bid though --- dont get carried away

i use it -- and it works!!!
Old 04 January 2009, 10:38 PM
  #50  
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Originally Posted by hodgy0_2
Auction Sniper and Sniping Service and Software for eBay Auctions (eBay auction sniper)

costs pennies (i think your first few are free) allows you to do exactly what you do now --- but just puts the bid in with 2 secs to go

so even if someone wants to outbid you they dont have time -- I rarely loose an auction -- you still have to be careful with your maximum bid though --- dont get carried away

i use it -- and it works!!!
Nice one mate I might give that a go
Old 04 January 2009, 11:06 PM
  #51  
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Just because you've won some auctions by bidding early, you have still paid as much or more likely more than if you had waited until the last minute.

I'm not saying you cannot win auctions like that, just that you cannot possibly get an item cheaper by doing it that way.
Old 05 January 2009, 02:04 AM
  #52  
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Originally Posted by Paul3446
Just because you've won some auctions by bidding early, you have still paid as much or more likely more than if you had waited until the last minute.

I'm not saying you cannot win auctions like that, just that you cannot possibly get an item cheaper by doing it that way.
Ok I'll explain it again

I will bid on things very early that I have my eye on. If I'm interested at the start of a search, I'll put a watch it on it. If at the end of my search I have a few in the watch it pile, I'll compare them and bid on the one I see fit.

This first bid, will be certainly lower than my set budget for said item, say I think the item is worth a grand. My maximum bid will be say, £750. So my first bid will be £300-£500, most probably a bit higher. During the final minutes of that auction, I'll log on and see if I have been outbid. And 80% of the auctions I've bid on, I never had to even bid up close to my MAX bid.

So therefore I'm saying..... I haven't actually paid over the odds. I've actually saved myself money, even tho I haven't spent the whole money anyway. Hoorah for myself Bid, and won an auction well under budget at a great price
Old 05 January 2009, 02:08 AM
  #53  
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There are no "rules" on ebay where it comes to bidding...... You can win bidding early, you can win bidding late. but I can guarantee you now, that you would win more auctions using my method, than using yours. very risky business waiting till the last few seconds, lol. What....you think your the ONLY one staring at those red numbers on that auction screen repeatedly clicking "Refresh" to see the time? And then waiting for an exact timeslot to quickly type your bid in?

There will be others thinking the same as you, it's riskier than my method anyway lol
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