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Subject: 
Re: Dutch Auction Experiences
Newsgroups: 
lugnet.market.theory
Date: 
Wed, 27 Oct 1999 10:44:31 GMT
Viewed: 
362 times
  
In lugnet.market.theory, John DiRienzo writes:
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

   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 purchasing 2 of them.
  I realize that DYA just made them available, but I'm considering trying it
anyway.

   Did you use any special eBay features to attract bidders? Or did the picture
just say it all?
   Do you thin that your experience is related to the popularity of the set?
Or the attractive price point for the model?



Message has 2 Replies:
  Re: Dutch Auction Experiences
 
Thanks for the information. I acquired some 8480 Space Shuttles from a (...) overseas (...) it (...) picture (...) Nope. I think sets like these sell themselves. (...) set? Yes. Also I was looking for a buyer who'd buy more that 1 (...) The price (...) (25 years ago, 28-Oct-99, to lugnet.market.theory)
  Re: Dutch Auction Experiences
 
John Robert Blaze Kanehl wrote in message ... (...) Additionally, (...) to (...) hits, (...) Supercar (...) overseas (...) it (...) picture (...) I did a few things that I think helped my auctions. I ran quite a few "series" of auctions, and tried (...) (25 years ago, 29-Oct-99, to lugnet.market.theory)

Message is in Reply To:
  Re: Dutch Auction Experiences
 
Scott-A wrote in message ... (...) ended (...) 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 (...) (25 years ago, 27-Oct-99, to lugnet.market.theory)

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