I generally get more bids when I don't post a reserve. As long as the minimum bid isn't outrageous, traffic will be good. I will sometimes risk setting a minimum bid well below what I consider my minimum price. That will sometimes generate a bidding frenzy and a very high final price. Paul On Sep 24, 2006, at 3:31 AM, Cotty wrote:
> On 23/9/06, Jack Davis, discombobulated, unleashed: > >> NO! I entered a minimum bid rather than a "reserve" which, as I >> understand it, puts some bidders off. >> Followed the advice of an experienced and sage lister. >> Was just messin' with Cotty. > > Ann, > > He means he started the auction at what is effectively his reserve > price. > > So if you want to make sure you get 50 bucks for your item, you start > the auction at 50 bucks, instead of starting the auction at 99 cents or > whatever, and having a reserve of 50 bucks. There are some who would > say > this is counterproductive. For instance, many people, me included, will > put a 'marker' bid on a reserve price auction starting low, to track > it. > If I bid to win, I only ever snipe. An auction with a high starting > price attracts far fewer bids, and therefore less attention from eekbay > madness - not good for the seller. I admit I am not that experienced > (only 250 at 100% +ive) but I have learned a few things. > > Jack can mess with me any time he likes, as long as he can afford the > price :-) > > -- > > > Cheers, > Cotty > > > ___/\__ > || (O) | People, Places, Pastiche > ||=====| http://www.cottysnaps.com > _____________________________ > > > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
