| eSnipe Review |
| eSnipe serves one primary purpose for power buyers on eBay: it places bids for them during the last few seconds of the auction, a practice known as “sniping” in the online auction world. eSnipe reduces bidding wars by masking interest in auction items until the last possible moment. Because auctions on eBay take three to 10 days to close, emotional overbidding can start soon after the auction opens and last until the auction closes, instead of mere minutes as is the case in traditional offline or “outcry” auctions. |
| eSnipe protects bidders’ privacy. For example, eSnipe is popular among buyers of collectibles, who treasure the anonymity it brings them. Even on the Web, news travels fast in communities of collectors, who prefer to avoid triggering interest in an item by bidding on it too early. |
| eSnipe allows users to place bids when it’s convenient for them. Overseas users, for example, do not have to stay up to the middle of the night just to place a bid. Other users like eSnipe because it allows bids to be “canceled” up until five minutes before the auction close, whereas eBay’s terms of agreement treat any bid placement as a contract to buy. |
| Manual sniping has been widely practiced for years, often by auction enthusiasts who keep multiple browser windows running with one hand and stopwatch in the other. A class of utilities that ran on the users’ machines started the automated sniping trend, but they weren’t reliable because of inaccurate system clocks, unpredictable computer performance, and outright crashes at inopportune times. |
| eSnipe will remain free for bids under $25. The charge for winning bids $25 and over will be 1% of the final auction price—no charge if you don’t win, and no single fee more than $10. (All amounts listed here are in U.S. dollars.) |
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