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Author Topic: Unethical ebay sheisters  (Read 3653 times)

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Offline x56h34

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Re: Unethical ebay sheisters
« on: May 04, 2004, 11:00:25 PM »
Don't worry, you'll get 2 bids in the end and you will probably sell this lot for around $70USD. What you should have done is start with a low price and no reserve, and watch this auction go over $100USD and of course provide lots and lots of detailed pictures and description.
 

Offline x56h34

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Re: Unethical ebay sheisters
« Reply #1 on: May 05, 2004, 12:57:35 AM »
@weirdami:

Depends on what you are selling, I guess. My point was that in this case, an NTSC A600 should easily fetch $100USD through bidding wars as it is a hot (not too hot though) item in N. America. It is OK to start low on it. If you put $50 as the starting bid, you potentially discourage bidders who would have went higher than that if properly motivated. Right now we are probably looking at 3-4 sniper bidders who are all waiting for the last 10 seconds and in the end they won't have enough time to raise a serious bidding war as they all assume that no one will touch the $50 price until the last minute.

Starting with low price creates a STIR in their heads and a lot of other bidders simply raise the price high and create demand for you. Of course, this isn't always the case, however like I said, if your item is fairly hot, you'll be able to pull it off.

He SHOULD have provided more pictures and description as this creates confidence within the bidders that the items are really special and that the seller is genuine, VS one blurry picture which paints a picture in their heads that says: "Here's my pile of junk...take it or leave it".