Tuesday, October 25, 2005
Ebay ponderings
2 commentsI have a question....why do people bid on things at Ebay so early in the bidding???!!!!??? It just drives the price up! I am not going to have a price war with someone on there 5 days before the auction is over! I, for the life of me, cannot figure out why people haven't figured that out!!!
3:50 PM
Often, it's a friend of the seller to generate interest. There is strange psychology to eBay. Some people won't bid on something unless someone else has bid on it.
I never understood the early bidding either though. The bidding war erupts in the last couple minutes of the auction anyway.
10:13 AM
Also, I tried bidding on something last night in the last 5 minutes. All that resulted is that I drove the price up for the winner (oops).