On 24/9/06, Paul Stenquist, discombobulated, unleashed: >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.
Agreed. I think the key here is the starting price. If it's quite high, effectively the reserve, then I think it can be more limiting than a low start with a reserve. What I don't like is someone who starts low, with no reserve, and bottles out with a day to go, and pulls the auction. Like I say, for the serious buying, I'll bid right at the end and bid high. If the auction's gone, I can't do that. If the auction's there with a reserve, I can. -- 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
