Ebay strategies?

Started 2 months ago | Discussions thread
Smaug01
Smaug01 Senior Member • Posts: 2,766
Re: How could this happen? Was no reserve set? eBay 101 continues.
1

Corkcampbell wrote:

How could this (below) happen? Was no reserve set? Doesn't really make a difference what the bidding starts at, as long as a proper reserve is set. Allowing low bidding allows some to make a low bid just to keep the auction on their possible purchase list.

"Starting the bidding super low, as you mentioned can get you burned. I tried that recently and overestimated the interest in the item, so someone got a $100 (new) luggage rack for $4 + shipping. I should have started it at a low price, but not a "grab my ankles" price."

Yes, no reserve. Bidders don't like reserves at all; it's perceived as playing games.

There's no point in starting the bidding at $1 if you're going to have a reserve. That's just assuming people are stupid. Plus, I hate getting all those: "what is your reserve?" messages.

-- hide signature --

-Jeremy
*********
"Rudeness is the weak person's imitation of strength."

 Smaug01's gear list:Smaug01's gear list
Pentax MX-1 Panasonic FZ1000 Panasonic Lumix DMC-TS30 Olympus OM-D E-M10 III Olympus M.Zuiko Digital ED 40-150mm F4-5.6 R +16 more
Post (hide subjects) Posted by
Bob
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark MMy threads
Color scheme? Blue / Yellow