Dr. Tyke, ( knew you'd like that one Chris)
So an opening (minimum) bid on a No Reserve
Item is a moot point - right ? I can't wait to try
this new theory.
Mike
----------
>From: "Chris Robertson" <ckrobertson@hotmail.com>
>To: mikeadam@wcnet.net, Fred_Katz@ci.sf.ca.us,
datsun-roadsters@autox.team.net, solex67@hotmail.com
>Subject: Re: More eBay Questions
>Date: 3, Aug , 4:08 AM
>
>You can set the starting bid at whatever price you want. I've started
>auctions at a penny. This really seems to attract people, even when there
>is a reserve price set. Just human nature, I guess.
>
>"No reserve" means that the item will sell as long as there is at least one
>bid, regardless of the amount.
>
>Placing a reserve insures that if you are successful in selling the item,
>you will get at least a certain amount. It also allows you to start bids
>ridiculously low to attract bidders and not have to worry about letting it
>go for nothing.
>
>Auctions tend to attract more bidders and attain higher bids if they start
>out extremely low, have very detailed descriptions, good photographs, and
of
>course a seller with a history (positive feedback).
>
>In general, eBay is a seller's market. There are bargains to be had, but
as
>a buyer you are competing with a very large number people, many whom have
no
>realistic idea of the items' value. Not to mention those bidders out in
the
>middle of nowhere. Having a used widget delivered to their doorstep is
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