There are steps you can take to greatly improve your chances of winning internet auctions. Many people do not know the tricks of the trade, and this article will guide you on how to win internet auctions.
Things You Will Need
To follow the guidelines listed in this article on how to win internet auctions.
The first step to winning internet auctions is to never place a bid until 5 minutes before internet auctions end. If you place a bid earlier than this you are only going to drive up the price of internet auctions unnecessarily, and you can drive the item out of your price range. You want to keep the price of internet auctions as low as possible so you can pay the smallest amount to win the auction.
The second step to winning internet auctions is to look for auctions that are listed as "buy it now or best offer". Never use the "buy it now" feature, instead use the "best offer" button and offer the seller 70% of the buy it now price. Make your offer at the very beginning of internet auctions to beat your competition to the item(making a best offer does not drive up the price of the item in internet auctions, the seller either accepts your offer or rejects it) Many times you can win internet auctions by using this method. Also, if the first seller you make the offer to rejects it, just move on the next one if there are multiple sellers who are auctioning the item you are looking for.
The third step to winning internet auctions is to use auction sniping software. These programs will automatically place your bid with only seconds left in the internet auctions(up to your maximum price) so other people trying to win the auction do not have time to respond to your bid and you win the auction. You can find auction sniping software by performing an internet search for "auction sniping software".
Tips & Warnings