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| Automatic bid increase | Tue Mar 24, 2009 06:56 PM | |  |
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Example: someone bids $21.00 for an item, with seven seconds remaining in the auction. My snipe is $21.15, to be placed six seconds before the end. My bid will not be accepted, since the bid increment is $.50.
My idea: have an option for each auction that will automatically increase the snipe amount by $.50 or $1.00, if the first amount is too low and is not accepted as a valid bid.
There may be some legal or Ebay policy implications for this, but it seems like it would be a useful and successful feature.
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| | Tue Mar 24, 2009 07:28 PM | | |
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| Sashka |
| Support |
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| Posts: 1154 |
| Member Since: Feb 13, 2008 |
| Location: www.myibay.com |
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If you wish to pay $21.15 as your maximum, then this is your maximum.
If you agree to increase your max to $22.15 instead, then you should've put $22.15 in the first place, not $21.15.
When you bid, you have to put your absolute maximum. If you win -- you get a great deal. If you lost -- someone else is paying too much.
My own recommendation is to add about 5-10% on the top of your max to cover bid increments and things like "man, I should've bid a little higher!"
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