New Comics on eBay!

[JiveTurkeyMoFo]

Yep..another batch of books! Linkie

 

[g-man]

nice #74

[ubiquiti]

nice books...

But why such a high starting price as opposed to reserve? I mean other than ebay fees.

[JiveTurkeyMoFo]

But why such a high starting price as opposed to reserve? I mean other than ebay fees.

 

I've been averaging a 50% sell-through the last few months, despite the high starting prices. And more than half of that 50% has been by way of even higher BINs...so...I must be doing something right.

 

And yes, that eBay reserve fee is nonsense. This way, any potential buyers know what it will take to own the book.

[ubiquiti]

But why such a high starting price as opposed to reserve? I mean other than ebay fees.

 

I've been averaging a 50% sell-through the last few months, despite the high starting prices. And more than half of that 50% has been by way of even higher BINs...so...I must be doing something right.

 

And yes, that eBay reserve fee is nonsense. This way, any potential buyers know what it will take to own the book.

Not saying you're doing anything wrong...

I've just always wondered why sellers do that.

[supapimp]

instigator!!!!

[JiveTurkeyMoFo]

I've just always wondered why sellers do that.

 

Oh, I take no offense. Many people ask why I do it, and they especially ask after they see its successful. I've seen this practice become more and more common on eBay.

 

It's the way to go for sellers because it:

 

1). Guarantees the seller at least his asking price

2). Takes the mystery out of what that price is for the buyer (ala a reserve)

3). Is cheaper overall to list then a reserve-based auction.

4). Protects the BIN better then starting an auction with a low bid (Sometimes people will bid on an item with a low Bid and much higher BIN just for the sake of bidding).

5). Takes the risk out of the typical auction because a seller no longer needs two aggressive bidders to reach a high final price.