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(Pdf) Ebay Auction Secrets - Make Money Online - Index of

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<strong>Make</strong> Your Net <strong>Auction</strong> Sell!<br />

This means that if the item you are bidding on is currently at $261, and you bid<br />

$262, your bid would be refused. You must bid a minimum <strong>of</strong> $266 to stay in<br />

the game.<br />

If you place a bid, do you win? The answer is a loud and clear... maybe.<br />

You only win if you have the highest bid when the auction closes. One great<br />

feature <strong>of</strong> Internet auctions, however, is that they will notify you if you are outbid<br />

and by how much. Got to keep that auction frenzy going somehow.<br />

6.2. Your Computer Will Bid For You<br />

Proxy bidding is an interesting feature <strong>of</strong> auction sites. Picture this...<br />

There is a signed edition <strong>of</strong> “The Firm” by John Grisham being auctioned. You<br />

have a signed collection <strong>of</strong> all his works, except this one. You are desperate to<br />

have it and are willing to pay up to $325 for it. At this point, though, the bidding<br />

is only $202.50.<br />

What is your best strategy? Are you going to sit by your monitor, waiting and<br />

watching? Should you bid the $325 right now? Thanks to proxy bidding, you<br />

don’t have to do either. To win the book, all you must do is click “proxy<br />

bidding” below the minimum bid amount and enter your proxy bid <strong>of</strong> $325. The<br />

computer will bid for you. Whenever your arch-rival bids on your book, the<br />

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