Ebay & Ecommerce » Are You An eBay Auction Sniper?

What is an Auction Sniper?  Auction sniping is waiting until the last possible moment before an auction closes to enter your bid, with the hope of outbidding other sellers that didn’t anticipate such a move. Auction sniping is not a violation of eBay rules and is considered fair practice in auction bidding.

Why Snipe?  Well, my main reason for writing this is to give you some tips on how to ‘flip that auction’ and take advantage of misspellings. By doing this you can purchase items for pennies on the dollar and resell them, making a great profit!  It’s a great way to get inventory.  It’s also a great way to get name brands for your kids and sell them later.  ;-)

Use a program such as fatfingers.com or typohound.com – there are more.  Think of commonly misspelled words.  Examples you can check out are:  Gymboree, Hanna Andersson, Baby Lulu, Oilily – these are all highly sought after brands.  I like to look for my favorite brands, items that sell well – and even items I like to buy for my kids!

Do your research before purchasing ANYTHING, unless you know by experience that it’s going to sell for you.  I like Terapeak, but there are other eBay research programs that you can use.  Sometimes just by using the eBay completed listings, you will be able to get enough information to make a decision if you want to resell or not.  Once you have your listings in front of you, sort your listings by ‘ending soonest’ so your turn around time is less.

Do not bid on anything yet – this will only drive up the ending price.  Use a sniping program such as Gixel.com – unless you know you can physically be at the computer to bid last minute.  If you think you’re going to be bidding on numerous items, use a sniping program to be sure you won’t miss out on any last minute bidding.

I’ve dabbled in SMS to my cell phone and proxy bidding.  But it’s much easier to use a program that does everything for you!  Enter a price you are comfortable paying and you’re done!

Good Luck and let me know how you make out!  :-)

Jenn Cangelosi is owner of Boutique Bargains and a dedicated eBay expert who has transformed her hobby into an online business guiding moms wanting to build a successful eBay business.

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