50sen Increment per Bid | Ramblings of an e-trader

Monday, 22 January 2007

50sen Increment per Bid

A thought came to me recently. Each bid on eBay only has an increment of 50sen. Perhaps eBay people think that 50sen is the same as 50cents, but it is not.

What is the value of 50sen? What can 50sen buy today? Perhaps ten sweets or less.

So I think that to allow a 50sen increment per bid is too low. I think it should be a minimum of MYR1.00 but an adventurous bidder can of course place anything more than MYR1.00, like MYR1.01 or MYR1.09 to outwit other bidders and bag the auction.

That would be more exciting, don't you think so?

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