Dutch Auction

angel

Could someone explain, briefly, how a dutch auction works. I've read about it on ebay and I'm a bit muddled. Do I just bid as I would in a normal auction? The item that I'm interested in sells for £24 in the shops and the seller has 6 of them. Can I just put in my highest bid as I would normally? Is there any advantage to the buyer by buying from a dutch auction ... or the seller?

I've done a search here but can't find any info on it.

Thanks in advance!

smartie1976

I think, if I understand it correctly, the 6 highest bidders win the 6 items.
(think like bid-up tv).

Ebay says/

ebay wrote:

An auction in which the seller offers two or more identical items for sale is called a Multiple Item Listing (also known as a Dutch Auction). Unlike a single-item auction, Multiple Item Listings can have more than one winner. Each winner can win different quantities of the items on offer.

How to bid on a Multiple Item Auction

To bid on a Multiple Item Listing, click the "Place Bid" button on the item page. Enter the number of items you're interested in and the price you're willing to pay per item.

Each winning bidder pays the same price per item. The price each winner pays per item is equal to the lowest successful bid.

Example:

For a listing with 10 available items and 2 bidders:

Bidder A bid for eight items at £10 each.
Bidder B bid for three items at £11 each.
The outcome is:

Bidder B placed the highest per-item bid, so they win all three items they bid for.
Bidder A wins the remaining seven items.
Both Bidders pay £10 per item, as this was the lowest successful bid.
You can see what bids have been placed by clicking the "Bidders list" link on the item description page.

Bids that are not currently winning show their per-item bid amount

Bids that are winning at least one item all display the lowest winning bid.

Some of the winning bidders may have bid more than the lowest winning bid. Bids higher than the lowest winning bid are not disclosed.

angel

Anyone know if I could use a sniper for this?

smartie1976

Sure you could, but it's like anything, you don't have the highest bid(s) you won't get the item.