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Reply to "Whats your reserve?"

quote:
Originally posted by jivemofo:
So then...if you know what you want to make, and the potential bidders know what the reserve is why don't you save fee $$ (and avoid pi$$ing off bidders) and just start it at the lowest amount you are willing to sell it for?


As I said earlier, the reason is because a high start price will put off way too many people. A lower start price will get them in the door, so to speak, so the listing itself can do its job in selling the item.

It's like getting people in the door of a brick & mortar shop. If you can't get people to walk in and actually look at your merchandise, presentation, professionalism, etc. then there's no chance your item will sell.

I'm sure some people do find it underhanded in a way and will hit the back button. But some other people -- these being people who really want the item from this particular seller -- will stick around and bid the reserve.
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