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 21:09:11 GMT
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Highlighted:
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(details)
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Todd Lehman <lehman@javanet.com> wrote in message
news:Ft0Lvu.F1J@lugnet.com...
> 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
I suppose it depends on the buyer. I know what I want, and, to a certain
extent, what it is worth to me. The fact the method of getting a set is via
a sale or auction does not really bother me. However, I do acknowledge that
there is a mass of people who "browse" ebay (etc) looking for "bargains".
Scott A
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