Posted by chriscase on Monday, May 21, 2007 at 10:46:06 :
In Reply to: Re: Buy It Now price dropped- Ebay 270121290227 M37 & Much E posted by Bob Stopka on Sunday, May 20, 2007 at 15:14:51 :
Auctions aint over 'til they are over.
But, if it don't sell this time, next time I would put an opening bid of $100. No B-I-Now, just a hidden reserve. The folks who bid 100,101,103,105,110 will all think it is THEIR's already, and keep bidding up- maybe to the couple grand that the package is worth...
A B-I-N is like teling bidders "It's only worth____". I only use B-I-N with the notice that it is lots higher than my reserve, it is an obscene number for those who can afford to not wait-an-see. I put it at what I hope to get, not what I expect to get. One of the main things I like about ebay auctions is that the sky is the limit.