All products listed on the Website will have a minimum price that must be bid in that auction to qualify to participate (the 'Minimum Price'). After you place a bid that either meets or exceeds the Minimum Price, and if you decide to place another bid in the same auction, there is a price specified that your next bid must either meet or exceed (the 'Next Bid Amount'). If your bid does not meet or exceed the Next Bid Amount, then your bid will not be entered into the auction.