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Economic theorists have for years promoted the benefits of auction sniping for purchasers of online auction products like those listed on eBay, the world’s largest marketplace. The reason is simple: the standard eBay auction has a fixed duration before the term expiry, and the time is the only function that is known to every user. Everything else – how many bidders will bid by the time the auction closes; how many people in the world are looking for used Titlest Golf Balls or that Chanel purse or that Seiko watch or that Limited Edition version of the original Nintendo? All of these facts and figures are entirely unknown and no one, not even eBay itself could provide concrete figures.

We can all agree that any information is an advantage. So typically, an eBay user who sees 15 other bidders on an item knows the item is in high demand and every user is making an economic decision when deciding on that final price to bid. No final price is ultimately wrong since the value of a good lies in what the highest bidder is willing to pay. Those engaging in auction sniping of eBay products will have information on other users in the marketplace while not divulging any information about their own interests in buying the product. Hence, they have an added advantage.

But if we take this one step further and create a scenario where everyone bidding conceals their bid until the final seconds and we have no idea of how many bidders exist (which is agreeably a lot less fun and not something eBay would not want to do), then the price paid for a given eBay item will be free of any emotional reactions to the other bidders ascribing a value to an item and the price that will result is the lowest possible price the market would bare.

Scientists and mathematicians have provided ample evidence of the savings to be attained when one snipes eBay auctions using a sniping software like goSnipe as opposed to placing a bid directly on the eBay website. The user also has piece of mind because they can put their maximum bid and comfortably know that if they win, they will have paid the lowest amount they possibly could – an amount that is not bid up because that user bid it up; and if they lose, they lost on a rational basis rather than re-adjusting their price to reflect an emotional response to other bids being placed on the item the eBay user is after. goSnipe auction sniper users often times win items at substantial savings to the maximum price which they are willing to spend. We encourage you to try goSnipe and judge for yourself! Please visit http://www.goSnipe.com to check for special services and offers.