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Guide to using the "Snipe Bid" Feature

Guide to using the "Snipe Bid" Feature

1. Snipe Bid is a feature that allows users to place automatic bids during the final six minutes of an auction. 1. What Is the “Snipe Bid” Feature?

When this feature is enabled, the system will automatically place bids on your behalf based on the maximum amount you have set in advance. This helps increase your chances of winning without having to monitor the auction continuously. The Snipe Bid feature helps you save time and increase your chances of winning your desired item at a competitive price. Two scenarios may occur during the auction process:

  • If the current bid is lower than or equal to your maximum bid amount, the system will automatically place bids on your behalf to keep you as the highest bidder.
  • If the current bid exceeds your maximum bid amount, the system will stop bidding and withdraw from the auction.

Cancellation of the “Snipe Bid” Feature

The Snipe Bid feature may be canceled in the following situations:

  • Another bidder places a bid higher than your maximum registered amount.
  • The seller ends the auction before its scheduled closing time.
  • If you attempt to cancel the feature within the final 36 minutes of the auction, the cancellation request will not be accepted.

2. Search for Auction Items2.How to Use the “Snipe Bid” Feature

Step 1: Search for Auction Items

You can search for auction items using one of the following methods:

  • Enter the auction URL directly from JDirectItems Auction (formerly Yahoo! Auctions).
  • Browse products through the available product categories.
  • Enter product keywords in the search bar.

Step 2: Review Product Information

Before placing a bid, carefully review the following information:

  • Product images and description
  • Current auction price
  • Seller reputation and ratings If you decide to participate in the auction, click the Snipe Bid button to continue.

Step 3: Set Your Snipe Bid

Enter the maximum amount you are willing to pay for the item. This amount is fixed and cannot be changed after confirmation. Click Snipe Bid to complete the registration process.

Important Notes When Placing a Bid

  • It is recommended to enter an odd bid amount to increase your chances of winning (for example, ¥5,001 or ¥12,511).
  • Before using the Snipe Bid feature, check the current auction price and the minimum bid increment in the Auction section. Your maximum bid should be at least one bid increment higher than the current price.
  • Registration or cancellation of the Snipe Bid feature must be completed more than 36 minutes before the auction ends.
  • To cancel your registration, select Snipe Bid and click Cancel Snipe Bid Registration.

Step 4: Confirmation

Once your registration is successful, you can review your active auctions in the Auction section under My Account. If you remain the highest bidder when the auction ends, Janbox will send you an email notification confirming that you have won the auction. The Snipe Bid feature is an effective tool that helps you save time and improve your chances of winning your desired item at a reasonable price. By using this feature properly, you can maximize its benefits and enjoy a more convenient auction experience.