Lesson 8. Sniping to Win
In this lesson, you learn how to win auctions at the last minute via sniping.
What Sniping Is—and How It Works
If you have any experience with eBay auctions, you’ve seen the following phenomenon. On day one of the auction, there are a few initial bids. On day two, the number of new bids trails off. On days three through six, few if any bids are placed. Then, on the seventh and last day of the auction, all hell breaks loose—with the heaviest bidding taking place in the auction’s final minutes.
What’s happening here? It’s simple: Interested bidders are employing a technique called sniping, and saving their best bids for last.
Understanding Sniping
Sniping is a technique used to win auctions via last-minute bidding. You ...
Get Sams Teach Yourself eBay® in 10 Minutes now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
