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Reply to "Price changes, looking at it from the bright side?!"

quote:
Originally posted by JeffS:
quote:
Originally posted by kbalona:
Yup. You're right. It is positive. I'm going to pay all of $0.06 more per item. Do I care? No. When am I going to care? When either of these two things happen: 1) When I stop profiting OR 2) when there's a viable alternative.


As I said, you're millage may vary. My fees are going up an average of 35%. I find it very hard to believe your per item fees are only going to increase by 6 cents.


Regarding what dsouth touches on, I am a firm believer in .99, no reserve auctions. I've been able to cut listing fees back like that. 99% of my items are listed at .99, with no reserve. (And I never list without Gallery). I've done tests, I tried selling an item with a $15 reserve, and I even stated in the auction that the reserve is $15. It didn't sell. I relisted it, .99 no reserve. It sold for $20.
I think the key there is that you need to get bidders on your item. Once someone has placed a high bid, he becomes determined to win that item, even if it means placing a higher bid when he gets outbid.
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