How Much Money Is On My Ebt Card
How to Save Money on eBay
eBay is a market. Just like the flea markets in a city, eBay is a place where people come to buy and sell. The only difference is that eBay has much more activity. On eBay, the smarter you are, the better price you get. There are a few ways to do this, one of the most popular is auction sniping.
Auction sniping works by having a computer bid for you at the final few seconds of an auction. Because human bidders have slow reaction times, having to click through a few screens before actually placing a bid, snipers have the advantage. There are many sniping services on the Internet, a good example is auctionsniper.com However, most, if not all of these services charge money. They may have a free trial or promotion, but eventually, if you continue to use the service, you will have to pay. Wouldn’t it be nice if you could get deals without having to fork over the dough?
Another common practice on eBay is to go to the completed listings page and look at the prices the item you’re looking for has sold for in the past. A quick skim will give you the average price, a good starting place for your bidding. But what if you want to go lower? Like most things, there’s a trade-off in eBay Auctions. The longer you wait, the more likely you are to get a lower price on eBay. A simple way is to look at the prices on the Completed Listings page and determine what you think is the middle of the 25th percentile of prices. So for example, out of a hundred prices on a page, you pick the 25 lowest ones and find the average of those. Then you keep bidding that price on auctions, one at a time, until you win. Unfortunately, this quickly becomes cumbersome, the calculations are especially difficult because of the difficulty of extracting the prices quickly and easily from the eBay Completed Listings page. In addition, if you have a certain time frame that you want to win an item in, it becomes difficult to determine how much you should bid on each auction.
A helpful solution may be to use ottabid.com. This website uses completed listings data to calculate how much you should pay given how long you are willing to wait.
All of the methods presented in this article, from auction snipers, to completed listings analysis are great ways to save money on eBay. After a little while, you will find what works best for you.
Daniel Cohen is the founder and chief programmer at http://www.ottabid.com, the site that lets you win auctions for less on Ebay.