Hello, I hope many of yours have seen that many sellers and top sellers on ebay put the items , let say new computer and the starting prise only 1 dollar. Dont they afraid if the last bider will offer little amount of money which doesnt even cover the cost of pc?. And the second question, why many times buyers bid even there are one or two days left till the auction ends. Will it not be more better to wait , and bid when only two or the three minutes left?.
2006-07-30 11:28:40 · 8 answers · asked by e.taghiyev 1 in Computers & Internet ➔ Internet
First question, they can sell their items on what is called a "Reserve Auction"... they set a price, (that the bidders can't see) that they will take no less then. For example, they can start the bid of a PC at $1, but have a reserve price of $500. If the bidding never gets up to their reserve price, then they are not obligated to sell the item.
As to the second question, I don't get that either, and I've been doing business on eBay for YEARS! All that usually winds up doing is start a bidding war. If You really want something, You have to wait until the very end to throw in Your bid.. and if You don't get it, then you don't get it.
2006-07-30 11:35:47 · answer #1 · answered by M L 5 · 0⤊ 0⤋
Some people have jobs and are not able to be at the end of the auction so they bid their top amount ; the showing bid will only be what the item is bid up to.
Starting price of $1 actually gets more people to look at the item and maybe add it to their watch list... then more people will bid, if interested, at the end of the auction.
A lot of people watch an item, then go to it at the last 10 minutes and try to bid and get it cheaper because some people on dial up will not have enough time to rebid because of the long times on reloading all the pages.
2006-07-30 11:36:19 · answer #2 · answered by The::Mega 5 · 0⤊ 0⤋
The reason ebay is suffering and will eventually close down is because people will not pay a fair price. If you start an auction at $10 no one will bid. If you start it at a $1 they inch it up and bidding in the last 10 seconds is exactly what I hate the most. If you really want it just bid.
2006-07-30 11:33:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Hi! being a seller - I would not let - say a laptop - go for such a low price - I would watch & I would cancel the Auction before the end if it didnt reach a reasonable amount. Being a buyer also I wait till the last minute before bidding up - unless I really wanted the iten I would bid my maximum amount..
2006-07-30 11:35:35 · answer #4 · answered by ? 4 · 0⤊ 0⤋
(1) a lot of the time when a seller lists a valuable item, i.e. a pc on Ebay for $1 they recoup most of the cost by boosting the shipping and handling costs way over what it really costs to ship and handle.
(2) smart Ebay-ers DO wait until the last few minutes of an auction before bidding, and so avoid being outbid.
2006-07-30 11:36:25 · answer #5 · answered by kittybriton 5 · 0⤊ 0⤋
1.) big items will always sell for way more than $1 its a bid,
2.) sometimes if you wait till right before the end then you can catch the item real cheap ..
i have both bought and sold on ebay
2006-07-30 11:33:57 · answer #6 · answered by ♥ Lisa♥ 5 · 0⤊ 0⤋
I forgot my call - lots lots hate on blood on the dance floor only for there seem and there message approximately Sexual issues. i think of there ok. they have a solid message that there sending out to absolutely everyone. i'm now going to get a team of dislikes. the 1st element that includes my strategies is my call. Jesse
2016-12-10 18:28:14 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Wha?
2006-07-30 11:31:48 · answer #8 · answered by Justsyd 7 · 0⤊ 0⤋