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Subject: 
autoFAQpost /market/auction/awareness/04_howto_determine_demand.en.faq
Newsgroups: 
lugnet.faq
Date: 
Mon, 12 Jul 1999 23:17:11 GMT
Viewed: 
1481 times
  
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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