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Thread: Bidding increments

  1. #1
    TheBest.com
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    Bidding increments

    Will these go back to what they were originally, or be $1? (the online rules should maybe be adjusted, if it's the latter)
    George Kirikos
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    I think greg mentioned bid increments being included in the auction tracker automatically


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    I think bid increments should be:

    $1 up to $100
    $5 up to $500
    $10 up to $1,000
    $100 up to $10,000
    $1,000 up to $100,000
    $10,000 up to $1,000,000


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    I think the seller should state bid increments. its up to the seller to decide if he wants to risk with high increments and possibly cut of a bidder or two. High increments may also net you a higher sale price.


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    If someone knows the Ebay bid increments, please post.


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    Thanks Ed30

    Current Price Bid Increment
    $ 0.01 - $ 0.99 $ 0.05
    $ 1.00 - $ 4.99 $ 0.25
    $ 5.00 - $ 24.99 $ 0.50
    $ 25.00 - $ 99.99 $ 1.00
    $ 100.00 - $ 249.99 $ 2.50
    $ 250.00 - $ 499.99 $ 5.00
    $ 500.00 - $ 999.99 $ 10.00
    $1000.00 - $2499.99 $ 25.00
    $2500.00 - $4999.99 $ 50.00
    $5000.00 and up $100.00

    Seems to me that these might need to be increased some for a live auction with time limits between bids.


  8. #8
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    I honestly think this will cause massive confusion...

    I think it should be "Bump a buck minimum" it worked well last week didn't it? The easier, the better.

    If it ain't broke...don't fix it
    .


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    Originally posted by TopNames.com
    I honestly think this will cause massive confusion...

    I think it should be "Bump a buck minimum" it worked well last week didn't it?

    If it ain't broke...don't fix it
    The increments will be automated, top. Gregr is developing a bidding script.
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    oh...nevermind
    .


  11. #11
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    I still like the $1 increments too though.
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  12. #12
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    Originally posted by gregr


    Thanks Ed30

    Current Price Bid Increment
    $ 0.01 - $ 0.99 $ 0.05
    $ 1.00 - $ 4.99 $ 0.25
    $ 5.00 - $ 24.99 $ 0.50
    $ 25.00 - $ 99.99 $ 1.00
    $ 100.00 - $ 249.99 $ 2.50
    $ 250.00 - $ 499.99 $ 5.00
    $ 500.00 - $ 999.99 $ 10.00
    $1000.00 - $2499.99 $ 25.00
    $2500.00 - $4999.99 $ 50.00
    $5000.00 and up $100.00

    Seems to me that these might need to be increased some for a live auction with time limits between bids.
    You mean MINIMUM bid increments! Otherwise, as you stated you need 75 bids to reach from 25 to 100.

    Seems not reasonable to me.


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    Well, I dunno ... you've got to allow enough time for people to make a decision AND to respond. I'm sure I'll learn more once I witness the "process" (I wasn't able to be there this past Sunday) firsthand. Generally, though ... I'd suggest allowing for more time between bids and LIMITING the amount of names to be auctioned on any one given night.
    If this has all been discussed ad infinitum already somewhere else, I apologize. There's lots of threads on this new auction subject. Any comments on my suggestion(s) would be greatly appreciated, as well.
    Thanks and Good Luck.
    PS. See you Sunday!


  14. #14
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    It was ok as it was.

    Somethimes you need to go up in $1

    next time $10

    Somethimes $100


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