Quick e-bay question (sorry)
#1
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Quick e-bay question (sorry)
I am a bit of a new boy when it comes to selling on e-bay.
Question. If I put an item up for auction but have a Reserve Price on it what do I put down as starting price??
Thanks, David
Question. If I put an item up for auction but have a Reserve Price on it what do I put down as starting price??
Thanks, David
#3
What STEVEBOXER says.
I'm not some hardcore Ebayer, but I have sold a few things there in my life time. If it is an expensive thing with high reserve, my starting price is high as well, so that it reaches the reserve quicker. It may not be a right strategy, but that's what I have done, and sold my goods.
For example, if I want at least £1000 for a good, my reserve starts from at least £100. If I want minimum 20 quid, then a quid is cool for starting price.
I haven't sold things on Ebay for a long time. I've heard that it's quite restricted now with all sorts. I don't know whether you have to go with some criteria about the starting price or what.
I'm not some hardcore Ebayer, but I have sold a few things there in my life time. If it is an expensive thing with high reserve, my starting price is high as well, so that it reaches the reserve quicker. It may not be a right strategy, but that's what I have done, and sold my goods.
For example, if I want at least £1000 for a good, my reserve starts from at least £100. If I want minimum 20 quid, then a quid is cool for starting price.
I haven't sold things on Ebay for a long time. I've heard that it's quite restricted now with all sorts. I don't know whether you have to go with some criteria about the starting price or what.
#4
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OK thanks. I'll do that but it does seem a bit odd to have a starting price under the Reserve as it just wastes people's time making a bid that is instantly rejected?
David
David
#5
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yes its an entierly useless festure and puts most people off
if you bid abouve the reseve price it will automaticly bid the reserve
if you add a couple zeros on your bid "by mistake" then you will see the reserve price and then you can retract your bid because you entered the wrong amount
if you bid abouve the reseve price it will automaticly bid the reserve
if you add a couple zeros on your bid "by mistake" then you will see the reserve price and then you can retract your bid because you entered the wrong amount
#6
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The bids won't get rejected they will still be the highest bidder albeit with the reserve not met, The item won't sell until the has hit the reserve amount or above,
As above the naughty way to find out a reserve price is to enter the wrong amount and then retract but as you are the seller this is irrelevant to you.
As above the naughty way to find out a reserve price is to enter the wrong amount and then retract but as you are the seller this is irrelevant to you.
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#10
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TBH I only buy 'Buy it Now' stuff these days - can't be arsed with the sniping, will I, won't I get it - If i want something, I want it now! Not possibly/maybe in 7 days time if I win it, or lose it at 1 sec to go by 20p
#11
You can put the reserve as your starting price, if you like. But less you put as your starting price, more it attracts the bidders, I think. Then they end up reaching the reserve because they start fighting with their bids to grab your good. Even after the reserve has been met, people may continue to bid up and up if your good is so worth it for them. It's called bidding, and it's the name of the game.
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