The reason a seller may not want to start an auction at a low price
and let the auction play out is that there may only be one serious
bidder watching the auction. I've won several items where I was the
only bidder, and thought I got a great price. If the seller had
started the auction at double the starting bid, I still would have
bid. Sure, sellers may be willing to accept the reduced price, but
they would first like to see if anyone will pay the high price.
-rk
On Jun 27, 2008, at 5:54 AM, Claude Litton wrote:
To all Mopo members-----------
How often we see items for sale on ebay at high prices and we just
ignore them. I find it rare that a person who lists items high
actually obtains a sale. Then we are besieged with "Reduced and
Ready", Reduced for quick sale", etc.
My immediate reaction is to ignore these listings because most
likely they will be reduced again and again.
I cannot understand the seller's thinking at all. If you are
willing to accept the reduced price, why not start it there and let
the auction play out? These items just appear over and over again
and the posters end up on the dead pile as their listings have
become so redundant that people ignore them.
What is your opinion?
Claude Litton
Gas prices getting you down? Search AOL Autos for fuel-efficient
used cars.
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