Subject:
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Re: High Starting Price, or High Reserve - Which is Best? (was Re: Bulk Listings On Ebay)
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Newsgroups:
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lugnet.market.theory
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Date:
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Fri, 14 Apr 2000 16:31:06 GMT
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Viewed:
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697 times
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In lugnet.market.theory, Scott Arthur writes:
> > Weird thing is, when I posted to lugnet (b-s-t) nobody replied, but at eBay
> > most lots went for over 2* the price I asked on lugnet and I never so far
> > had somebody win 2 lots, so they all had huge shipping costs too. Like said
> > before, from a sellers point of view eBay is great :-)
>
> I found this in the past to. BST posts atract little interest, but when it
> goes on ebay, AFOLS treat it different. Perhaps it is the picture etc which
> helps?
By their very nature of bidder competition and visible urgency, auctions
always obtain higher prices than straight sales or trades. (Well, almost
always.) It's just the nature of auctions, and one of the main reasons
why auctions are so popular.
--Todd
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