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Last post 22 years ago by mhollowa. 7 replies replies.
Tracking your bids
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mhollowa Offline
#1 Posted: Thu, Feb 21 2002, 10:23 AM EST
Joined: 10-03-2001
Posts: 517
To help manage my bids, as well as keep track of lot closing times, I copy a list of lots and paste them into Excel. I use this list to select lots -- and compare prices -- without begin chained to CB. Over time, the list also helps me estimate an average CB market price for a particular item.
BBJ Offline
#2 Posted: Thu, Feb 21 2002, 4:46 PM EST
Joined: 11-21-1999
Posts: 286
To much Work For Me.I Set My Auto Bid And Forget It.
mhollowa Offline
#3 Posted: Fri, Feb 22 2002, 3:51 AM EST
Joined: 10-03-2001
Posts: 517
Then how do you decide your maximum bid for an item?
turdon Offline
#4 Posted: Fri, Feb 22 2002, 4:12 AM EST
Joined: 05-10-1999
Posts: 37
I check retail (using various online vendors) for an item I am unfamiliar with, decide what I am willing to pay (including shipping), set my auto bid price and check back at the end of the auction. The prices I set are always below retail for boxes and at retail box price for 5 packs that I want to try.
mhollowa Offline
#5 Posted: Fri, Feb 22 2002, 6:02 AM EST
Joined: 10-03-2001
Posts: 517
That's my point. Retail prices -- from up-scale smoke shop to local beer stop, from mail order catalog to internet retailer -- can vary widely. And winning bids can vary widely. I think a continous auction -- versus the annual fund raiser for the local high school band -- is setting a market for any particular item based on the average winning bid, over time, for that item. I think I can set a much closer maximum bid by knowing that average rather than the average retail prices. To me it's worth a little extra effort. Beside I'm analytical and playing the spread increases the fun.
BBJ Offline
#6 Posted: Fri, Feb 22 2002, 9:53 AM EST
Joined: 11-21-1999
Posts: 286
I Know What I Want To pay for An Item And Set The Auto Bid At That Price And If I Win I Win.If I Loose I Will Bid on It Next time.No Big Deal.
BBJ Offline
#7 Posted: Fri, Feb 22 2002, 9:55 AM EST
Joined: 11-21-1999
Posts: 286
I Have Hung Around Here A Lond Time I Have A Pretty Good Idea What Things Could Go For.
mhollowa Offline
#8 Posted: Fri, Feb 22 2002, 11:13 AM EST
Joined: 10-03-2001
Posts: 517
Thanks for the advice. I'm new to CB and still trying to figure things out...such as why 5-packs close one day and boxes another.
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