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Ebay - Reserve Price
perksy - 9/3/13 at 11:19 AM

Am i right in thinking that you can't now set a Reserve price of less than £50 on ebay ?

Trying to set a reserve of £20 on a piece of furniture and it ain't having it





Thanks

Perksy

slingshot2000 - 9/3/13 at 11:35 AM

Surely you can set your startting price at £20.00. Is that not just the same as a £20.00 reserve price ?

Regards
Jon

Slimy38 - 9/3/13 at 12:03 PM

The reserve has always been £50 minimum. As Jon says, you can set a starting price at a lower amount.

Personally I don't like reserve prices, you have no idea what the person actually wants for the item. At least a starting price gives a guide on the perceived value of the item.

[Edited on 9/3/13 by Slimy38]

Andybarbet - 9/3/13 at 12:22 PM

Im not sure but i always start my auctions at the minimum price i would accept.

perksy - 9/3/13 at 12:32 PM

Thanks lads

Didn't realise it has always been £50 and as said it can started at the 'right' price.

ReMan - 9/3/13 at 01:37 PM

Personally i think having a start price also reduced the numer or twat chancers who bid 99p on everything on ebay on the off chance

morcus - 9/3/13 at 07:14 PM

I've never seen the point in a reserve when you choose the start price, as others have said, it's just annoying, and you have to pay extra.

Lightning - 9/3/13 at 10:04 PM

ditto. Never saw the point of reserve. Also people who wont tell you what the reserve is. I then don't bid. . I was intersted in a car 100 miles away. I'm not going to drive all that way if the reserve ois stupid. Clearly they dont want to sell

slingshot2000 - 9/3/13 at 10:49 PM

^^^ Exactly ! It is equally stupid when sellers post "no reserve", but when you go and have a look, their starting price is something stupid. No reserve means that ANY bid, no matter how small, and the item is SOLD !

Ebay seems to operate in a little world all to it's self with it's own rules and ideas.

Regards
Jon

Ninehigh - 10/3/13 at 07:40 AM

If I'm buying something off ebay I always just stick in the maximum amount I'm willing to pay for it. If I get outbid I get outbid (although I have on occasion gone over my limit by a quid or two) and if it's less than the reserve then that's just tough on us both too

rusty nuts - 10/3/13 at 08:03 AM

quote:
Originally posted by ReMan
Personally i think having a start price also reduced the numer or twat chancers who bid 99p on everything on ebay on the off chance


If someones stupid enough to not put a start price on without a reserve price then why shouldn't a buyer put in a 99p bid??

Slimy38 - 10/3/13 at 09:01 AM

quote:
Originally posted by slingshot2000

Ebay seems to operate in a little world all to it's self with it's own rules and ideas.

Regards
Jon


The big problem I see with Ebay is that it's not an auction in the normal sense. If Sotheby's sold their paintings and other arty cr4p by saying 'bidding ends at 7:30 on the dot' then there would be a major headache for the auctioneer and some priceless antiques being sold for a fraction of the price.

If Ebay actually worked like an auction, and simply added on thirty seconds to the end time whenever a bid was placed, it would be a bit fairer on everyone. Well, except for those people who do everything through Goofbay's auction sniper...

matt_gsxr - 10/3/13 at 09:34 AM

quote:
Originally posted by slingshot2000
Ebay seems to operate in a little world all to it's self with it's own rules and ideas.


If you run an organization that has near 100% market share, $3Billion revenue and year on year growth of over 20% then that buys you the right to make up rules to favour yourself.

Shame there isn't a credible alternative to provide competition but auction sites work best when they are big.

ReMan - 11/3/13 at 10:03 PM

quote:
Originally posted by matt_gsxr
quote:
Originally posted by slingshot2000
Ebay seems to operate in a little world all to it's self with it's own rules and ideas.


If you run an organization that has near 100% market share, $3Billion revenue and year on year growth of over 20% then that buys you the right to make up rules to favour yourself.

Shame there isn't a credible alternative to provide competition but auction sites work best when they are big.

Unfortunatly +1