Subject:
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Re: Dutch Auction Experiences
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 27 Oct 1999 03:12:06 GMT
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Viewed:
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351 times
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Scott-A wrote in message ...
> After seeking advice here, I went ahead with my Dutch 8880 auction. It • ended
> last night. On the whole, I think it went quite well. They went for $115
> each - I would have been happy with $90-$100.
>
> The only thing I did not like about it was that bidders could see each
> other's bids... this makes snipping very easy in my opinion. Additionally,
> there did appear to be a slight lack of understanding on the part of
> potential bidders.
>
> My only question now is : Will I get 5 lots of feedback... or only one?
>
> BTW : the auction had my highest ever hit count : 660... has anyone had
> higher than this?
>
> See the auction at:
> http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=182311527
Hey Scott,
You should get a feedback point from each person who bought a Supercar
(whether they will all leave feedback or not is something else). Dutch
auctions have their drawbacks, but, all in all, they are very useful when
you want to sell several items at once. If time permits, it is more
profitable to do one at a time, though, in most cases.
660 hits is pretty good! The most hits I have had on a single auction
was very near 3,000 hits a few minutes after an auction ended, and closer to
4,000 about a month after it had ended. Besides that, which was an
extraordinary event, most of my auctions have had between 150 and 400 hits,
and the better sets (like popular Trains or Castles, as well as the Supercar
when it was ultra-popular and pricey(1)) sometimes reach 1,000 hits.
1) before DYA made the 8880 so accessible and before the 8448 was
released.
--
Have fun!
John
Auctions and Trading and More at my Lego site:
http://www114.pair.com/ig88/
MOC,CA++++(6035)SW,TR,old(456)+++TO++PI,SP+#+++++
ig88888888@stlnet.com & IG88888888 on AOL
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Message has 1 Reply:
 | | Re: Dutch Auction Experiences
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| (...) Thanks for the information. I acquired some 8480 Space Shuttles from a hobby shop going out of business for $112.53 each. I wanted to try a Dutch Auction, but I haven't seen if they were profitable or not. I had an overseas buyer backout on (...) (25 years ago, 27-Oct-99, to lugnet.market.theory)
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Message is in Reply To:
| | Dutch Auction Experiences
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| After seeking advice here, I went ahead with my Dutch 8880 auction. It ended last night. On the whole, I think it went quite well. They went for $115 each - I would have been happy with $90-$100. The only thing I did not like about it was that (...) (25 years ago, 26-Oct-99, to lugnet.market.theory)
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