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#1
01-13-2015, 02:06 PM
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I wish eBay would do away with reserves entirely. If you're going to put a reserve on your item, then start it at the reserve price. I never bid on items with reserves, but that doesn't mean I wouldn't be interested in buying at the reserve price.
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#2
01-14-2015, 01:44 AM
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I've seen and won auctions on Ebay where the seller had the starting bid of 1 cent. One auction where I was the only bidder. The seller had a fit. He tried everything he could to void the auction. I forwarded all the emails to Ebay. I finally did receive the item. And the person was gone from Ebay soon after.
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#3
01-14-2015, 02:41 AM
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Quote:
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#4
01-14-2015, 08:37 PM
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For 1-cent (or 99 cent) auctions to work consistently for a seller, they have to have a kind of critical mass of bidders actively bidding. Some are able to achieve that through their own promotional efforts, large base of repeat customers, etc. It used to be that there were enough collectors scouring ebay auctions on a weekly basis that the only advertising effort you had to put forth was to write an accurate/catchy title. With ebay's push for fixed price listings and virtual elimination of up-front listing fees, much of the sense of urgency on the part of both buyers and sellers was removed, and that necessary mass of buyers that was once a given became more of an exception. A few diligent sellers are still able to pull off the 99-cent auctions, but for most, the "good ol' days" of running 99-cent auctions are a thing of the past.
__________________
Ebay Store and Weekly Auctions Web Store with better selection and discounts Polite corrections for unidentified and misidentified photos appreciated. Rude corrections also appreciated, but less so.
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#6
01-15-2015, 01:05 PM
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No ...speak your peace. This is one of my favorite topics! There are no right or wrong answers. I just know what works for me.
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#7
01-15-2015, 01:17 PM
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Bobby, there actually IS a right answer when it comes to the type of selling strategy that a seller uses, but there is no way that a Net54 buyer can possibly know the 'right answer' for any particular seller, unless he analyzes the seller's business plan. The seller is in the best position to know what the 'right answer' is for him personally. For me it used to be .99 cent auctions with no reserve. It no longer is.
__________________
$co++ Forre$+
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