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eBay sellers...why do they bother with a "reserve" price

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suvenR
designer mutt

Member since 5/05

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eBay sellers...why do they bother with a "reserve" price

why not just start the bidding at the price they want?

Posted 9/27/06 6:31 PM
 
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dm24angel
Happiness

Member since 5/05

34581 total posts

Name:
Donna

Re: eBay sellers...why do they bother with a "reserve" price

Posted by suvenR

why not just start the bidding at the price they want?



I agree

Posted 9/27/06 6:32 PM
 

CouponKT
Our family is complete

Member since 6/06

16494 total posts

Name:
K

Re: eBay sellers...why do they bother with a "reserve" price

It's their way of tricking you - mwahh haa haa haaaa!

Posted 9/27/06 6:32 PM
 

Myrockette
~*~*~*~*~*~*~

Member since 5/05

5632 total posts

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Re: eBay sellers...why do they bother with a "reserve" price

either they feel that if the starting is too high, they won't get any lookers or it cost more in fees the higher you start the auctionChat Icon

Message edited 9/27/2006 6:44:05 PM.

Posted 9/27/06 6:43 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

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Re: eBay sellers...why do they bother with a "reserve" price

if the reserve price is lets say $100, and the highest bidder bids $90, the seller then has the option of selling it to that bidder anyway.

whereas if it starts at $100, he may not sell it at all.

Posted 9/27/06 6:48 PM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Re: eBay sellers...why do they bother with a "reserve" price

I have been using reserve prices on everything at the advice of others. Ebay tells you that low starting bids attract more people-- for me, unless it gets to a certain price, I am not willing to part with something-- also, I can always offer the highest bidder a second chance to purchase it at their price.

edited for a typo

Message edited 9/27/2006 8:23:22 PM.

Posted 9/27/06 8:22 PM
 

AndreaLMT
:)

Member since 5/05

6856 total posts

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Re: eBay sellers...why do they bother with a "reserve" price

Holy cow, I was JUST going to ask this!!!!!!!!!!!!!!Chat Icon

Posted 9/27/06 8:34 PM
 

dm24angel
Happiness

Member since 5/05

34581 total posts

Name:
Donna

Re: eBay sellers...why do they bother with a "reserve" price

Im surprised anyone says it works for them.

When I bid on something and it says reserve not met, I WILL NOT Bid again on principle...Its like Im wasting my time bidding higher and higher till I get to what ever the person was too lazy to list it as price wise in the first place Chat Icon Chat Icon

sorry ebayers...just how I feel

Posted 9/27/06 8:56 PM
 

suvenR
designer mutt

Member since 5/05

4239 total posts

Name:

Re: eBay sellers...why do they bother with a "reserve" price

Posted by dm24angel

Im surprised anyone says it works for them.

When I bid on something and it says reserve not met, I WILL NOT Bid again on principle...Its like Im wasting my time bidding higher and higher till I get to what ever the person was too lazy to list it as price wise in the first place Chat Icon Chat Icon

sorry ebayers...just how I feel



Ditto- once my bid doesn't make it, I avoid the listing entirely

Posted 9/27/06 8:59 PM
 

MABLE03
I <3 SATC

Member since 6/06

4563 total posts

Name:
Fabulous

Re: eBay sellers...why do they bother with a "reserve" price

Posted by dm24angel

Im surprised anyone says it works for them.

When I bid on something and it says reserve not met, I WILL NOT Bid again on principle...Its like Im wasting my time bidding higher and higher till I get to what ever the person was too lazy to list it as price wise in the first place Chat Icon Chat Icon

sorry ebayers...just how I feel



I agree with the above.

Posted 9/27/06 9:02 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: eBay sellers...why do they bother with a "reserve" price

Posted by suvenR

why not just start the bidding at the price they want?



that's what I do- if no one bids I lower it

people think starting the bidding off lower generates bids- but I do pretty well with my system

I sold 110 items in the last 30 days

Posted 9/27/06 9:16 PM
 

dm24angel
Happiness

Member since 5/05

34581 total posts

Name:
Donna

Re: eBay sellers...why do they bother with a "reserve" price

Posted by Beth1210

Posted by suvenR

why not just start the bidding at the price they want?



that's what I do- if no one bids I lower it

people think starting the bidding off lower generates bids- but I do pretty well with my system

I sold 110 items in the last 30 days



You must live at the post office Chat Icon

Posted 9/27/06 9:27 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: eBay sellers...why do they bother with a "reserve" price



I sold 110 items in the last 30 days


You must live at the post office Chat Icon


I do- I got there every day- they all know me- and hate to see me!

I even bought one of those "old lady" carts to help me

but it's just about done- back to reality next week- a 9 to 5 job!

Posted 9/27/06 9:28 PM
 

randella
Love my little man

Member since 8/05

16290 total posts

Name:
Randi

Re: eBay sellers...why do they bother with a "reserve" price

Posted by MABLE03

Posted by dm24angel

Im surprised anyone says it works for them.

When I bid on something and it says reserve not met, I WILL NOT Bid again on principle...Its like Im wasting my time bidding higher and higher till I get to what ever the person was too lazy to list it as price wise in the first place Chat Icon Chat Icon

sorry ebayers...just how I feel



I agree with the above.



really-- what if the reserve price is like over $100??

Posted 9/27/06 9:42 PM
 

MABLE03
I <3 SATC

Member since 6/06

4563 total posts

Name:
Fabulous

Re: eBay sellers...why do they bother with a "reserve" price

Posted by randella

Posted by MABLE03

Posted by dm24angel

Im surprised anyone says it works for them.

When I bid on something and it says reserve not met, I WILL NOT Bid again on principle...Its like Im wasting my time bidding higher and higher till I get to what ever the person was too lazy to list it as price wise in the first place Chat Icon Chat Icon

sorry ebayers...just how I feel



I agree with the above.



really-- what if the reserve price is like over $100??



I guess it depends on what it is and how badly I want it.

Posted 9/27/06 9:42 PM
 
 

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