I personally think that would be a dumb move on my part. I dont what to compromise the outcome of my auction. I sent a requset for more info from ebay, but they take forever to respond. Has anyone had experience with this? What is your advice? Or do you know of any specific info about ebay policy?
2007-01-02 07:39:56 · 7 answers · asked by numbuh_1son 1 in Business & Finance ➔ Small Business
I think you can go either way with this one. I go ahead and tell people what it is - if it's too high for them, they aren't going to bid anyway. Or maybe they will bid lower, but make your auction look more worthy to others. I say flip a coin!
2007-01-03 02:08:18 · answer #1 · answered by Lolly 3 · 0⤊ 0⤋
As a seller, there is no benefit to tell a person what your reserve price is. I would recommend that you respond in a polite way that it is best that you not disclose the reserve.
If the buyer is serious, then they will bid.
BTW, placing a reserve price on an auction has been proven to lower the overall price. Your best option is to set the starting price extremely low without a reserve. The idea is that you want as many potential bidders as possible.
Scott....
2007-01-02 08:23:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I sell on ebay all the time...
telling your reserve is not a problem at all. In fact, in many auctions people tell their reserve's in the description. The reserve price is simply the minimum price at which you are willing to sell your item. Telling your reserve doesn't change that fact, and you're actually helping bidders to make a better informed decision about bidding. For example, if I was going to bid 10 dollars, but I know your reserve is 12 dollars, then my bid will be set at 12 dollars because otherwise my bid is worthless.
telling the reserve does more better than good in my opinion. After all, what's there to be secretive of about what your minimum price you're willing to sell it at is anyways?
2007-01-02 08:30:16 · answer #3 · answered by Jeremy N 2 · 0⤊ 0⤋
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2007-01-03 11:41:53 · answer #4 · answered by ? 2 · 0⤊ 0⤋
It fairly relies upon in case you place your reserve fee the place your pleased with it. in case you place your reserve too low and show it and no-one is intrested on your merchandise you won't get what you the place anticipating. in the journey that your pleased with the reserve fee, then by technique of all means tell people what that is because of the fact that is going to inspire them to bid on your merchandise
2016-12-15 13:56:22 · answer #5 · answered by holness 4 · 0⤊ 0⤋
It shouldn't affect your auction either way.
2007-01-02 07:52:59 · answer #6 · answered by krzylove 3 · 0⤊ 0⤋
tell him the reserve price your product is rubbish and worthless anyway
2007-01-02 07:47:53 · answer #7 · answered by claire d 1 · 0⤊ 0⤋