mhollowa
24 years ago
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
  • BBJ
  • Connoisseur
24 years ago
To much Work For Me.I Set My Auto Bid And Forget It.
mhollowa
24 years ago
Then how do you decide your maximum bid for an item?
turdon
24 years ago
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
24 years ago
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
  • BBJ
  • Connoisseur
24 years ago
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
  • BBJ
  • Connoisseur
24 years ago
I Have Hung Around Here A Lond Time I Have A Pretty Good Idea What Things Could Go For.
mhollowa
24 years ago
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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