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Subject: 
High Starting Price, or High Reserve - Which is Best? (was Re: Bulk Listings On Ebay)
Newsgroups: 
lugnet.market.theory
Date: 
Fri, 14 Apr 2000 10:15:51 GMT
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I think that the lack of bids on some items was more directly related to the
fact that I set high opening bids on the lots in this batch.  But then I'd
rather not sell them then get a ridiculously low price for them, which
happened to several lots in my previous batch which all had an opening bid
set at $1.


Has any one any thought on what works best between:
1. Starting auction at $0.01 but placing a higher resrve.
2. Or starting the same lot at the high resreve.

Just wondering

I tend to construct my auctions in a way that makes sure that the value exceeds
$8 ( As below that it is just not worth the hassle.) - but still start the
auction at $0.01 / NR.

Scott A



Message has 2 Replies:
  Re: High Starting Price, or High Reserve - Which is Best? (was Re: Bulk Listings On Ebay)
 
Scott A schreef: (...) I usually start an auction at about 1/2 to 2/3 of the price I need to make... that usually works fine. Some of my past auctions for Shell mini promo's only got $1 while they cost me $1.35 O well, too bad for me I guess. (it (...) (25 years ago, 14-Apr-00, to lugnet.market.theory)  
  Re: High Starting Price, or High Reserve - Which is Best? (was Re: Bulk Listings On Ebay)
 
(...) From my experience at Ebay,I have followed one piece of advice they offer,I usually start my auction at the lowest reasonable price I am willing to accept.I have sold nearly everything I posted the 1st time and if not I lower the bid and it (...) (25 years ago, 14-Apr-00, to lugnet.market.theory)  

Message is in Reply To:
  Re: Bulk Listings On Ebay
 
John, I'll be so bold as to assume that you were referring to the batch of my auctions that ended on the 12th, based solely on the date and number of auctions that I had closing at the same time. While some of the lots did not get outstanding (...) (25 years ago, 14-Apr-00, to lugnet.market.theory)  

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