Chapter 6

Bidding to Win

IN THIS CHAPTER

check Placing bids

check Timing your bid

check Bidding strategies you don’t want to miss

check Becoming an expert at sniping!

check Retracting a bid in an emergency

Quite a few years ago, on the day after Christmas, I was on The Today Show with Matt Lauer talking about post-holiday bargains on eBay. This wasn’t the first time I’d been on the show with him; but this time Matt seemed very interested in getting a deal on a child’s lamp that I happened to be selling. He and his wife had just had a baby, and everyone likes a bargain.

If everyone likes a bargain, then I’m not like everyone — because I love bargains! When I was teaching classes at eBay’s own eBay University (yes, there really was one), my favorite class to teach was Buying and Browsing, because I love the thrill of the chase and the acquisition of a good deal without all the haggling.

Often, the first thing that people ask me is how they can stop getting outbid at the last minute of an auction. I always say the ...

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