Subject:
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Re: Dutch Auctions on Ebay.... Has anyone any advice?
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 14 Oct 1999 22:21:53 GMT
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Viewed:
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1980 times
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> Starting things low gets people interested and once they have bid on
> something at a low level they are more likely to keep bidding on it. If
> there are several of the same set competing (as with 8880) it's an even
> better idea because people will often bid on the lowest priced
> alternative (so they'll bid on yours rather than the one which starts at
> $50) and then they are less likey to bid on another one at the same
> time.
I normally start low too : $0.25 and NR. But this can lead to a high number
of bidders - which can discourage people too.
The problem for me is if I do "go Dutch" with a 7 x 8880 auction, with a
starting price of $1, it will take a lot of bids for me to break even(?).
Scott A.
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