Any tip to win an auction?
We strongly recommend you to learn how “proxy bidding” and “bid extension” works in Japan. Proxy bidding: When you place a bid, you enter the maximum amount you’d be willing to pay for the item. Your maximum amount is kept confidential from other bidders and the seller. The system compares your bid to those of the other bidders. The system places bids on your behalf, using only as much of your bid as is necessary to maintain your high bid position (or to meet the reserve price). The system will bid up to your maximum amount. If another bidder has a higher maximum, you’ll be outbid. BUT, if no other bidder has a higher maximum, you win the item. And you could pay significantly less than your maximum price! This means you don’t have to keep coming back to re-bid every time another bid is placed. Bid extension: Unlike Ebay,if a bid is placed during the last 5 minutes of an auction, the auction will be automatically extended to 5 minutes left. The auction will close once all bidding activi
