Subject:
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autoFAQpost /market/auction/awareness/04_howto_determine_demand.en.faq
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Newsgroups:
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lugnet.faq
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Date:
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Mon, 12 Jul 1999 23:17:11 GMT
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Viewed:
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1606 times
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Subject: How do I determine demand?
Topic-Level: 1
Content-Language: en
Topic-Level: 0
Revision: Todd Lehman, 1996-01-08
Location: /market/auction/awareness/
<P>You can get a sense for demand by posting a "Would anyone buy this?" type of
message, but that won't tell you what people are willing to pay -- it will
only tell at a minimum how many people are interested. If you happen to get
three people who say, "I'll pay up to $75 for it," there's a good chance
you'll get $85 or $90 or more for it in an auction.</P>
<P>You can get a sense for what people are willing to pay by looking at the
history of other auctions (assuming you watch the group regularly), but that
won't tell you what people are willing to pay in your auction for your
particular item -- it's only a rough guide.</P>
<P>The only way to be sure about demand is to actually go through with the
auction.</P>
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