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 Local / Australia / 12529
    no reserves on aussie ebay —Pete White
   Got an email from ebay(australia) saying they were getting rid of 'reserve' amounts for auctions. They said it was only for auctions run through .au, as opposed to running auctions in other currencies like in US$ which means they would run as per (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
   
        Re: no reserves on aussie ebay —Richie Dulin
     (...) I'd ponder how their sample size compared to Lego's colour change sample size, but I'd just be accused of stirring up trouble about... well... you know... ;-) (...) My eBay purchases are pretty much restricted to bargains, and few of those (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
    
         Re: no reserves on aussie ebay —Pete White
     (...) LEGO's focus group was probably some soccer busloads of soccer moms and some plainloads of NASCAR dads sitting around a (very large)primary coloured table. (...) I have been quietly maintaining an empty closed shop on Bricklick ;^) Though it's (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
   
        Re: no reserves on aussie ebay —David Drew
     (...) I'm mostly a buyer, so I approve of getting rid of 'reserves', they were mostly very annoying, and as I saw it, no advantage for the seller over just setting a reasonable minimum price. (...) Of the approximately 1033 Spam emails I've got (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
    
         Re: no reserves on aussie ebay —David Laswell
      (...) There is, but it's not immediately obvious. If you post a hot item with a $1000 minimum bid, you might scare off bidders before they even get started. If you post the same item with a $1 minimum bid and a $1000 reserve, any guy with a buck to (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
     
          Re: no reserves on aussie ebay —Pete White
      (...) Low minimums do get more bids.........which leads to more bids. Bidders are funny, they see price validation in another unknown entity bidding. I have given buyers generous discounts when an ordinary item just got way out of hand with 2 (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
    
         Re: no reserves on aussie ebay —Pete White
     (...) Garage sale trawlers can afford to start low, but sale item scalping must be risky with no reserve and a low starting price. (...) Glad it's just not me getting persecuted ;^) I just delete them, I have never read any. pete.w (20 years ago, 21-Jul-04, to lugnet.loc.au)
   
        Re: no reserves on aussie ebay —Kerry Raymond
      (...) guess (...) opinion (...) I don't recall being asked. But I would assume that ebay have a lot of stats about the "success rates" (the item sells) with and without reserves being used. Of course, success to ebay (the item sells) and success to (...) (20 years ago, 21-Jul-04, to lugnet.loc.au)
    
         Re: no reserves on aussie ebay —Richie Dulin
     In lugnet.loc.au, Kerry Raymond wrote: -snip- (...) -snip- Not exactly: What is is 'worth' is one bid increment more than the second highest bidder is prepared to pay. For example, if there are two bidders, one prepared to pay $50, the other (...) (20 years ago, 23-Jul-04, to lugnet.loc.au)
   
        Re: no reserves on aussie ebay —Ignatius Renteria
   (...) as for the 'Reserve price going on Ebay " thats not such a big deal....... i think it's really more of a sellers tool than for buyers.....and as the majority of people are buyers.........it must be a good thing to get rid off. I've been a (...) (20 years ago, 23-Jul-04, to lugnet.loc.au)
 

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