P3D Re: CONTURA

[michaelk@xxxxxxxxxxx (Michael Kersenbrock)]

> eBay charges the seller twice.  The initial listing fee is based on the
> minimum bid, 
> and must be paid even if the object doesn't sell.  The commission is based on 
> the selling price, and if the item doesn't sell for any reason (even
> failure to meet 
> a reserve) then there is no commission.

The insertion fee is based upon the minimum bid or the reserve
price, whichever is HIGHER.

So there is no advantage to doing that.


> Another possibility is "auction fever."  If you start out at $400, a bidder
> might pass it up.
> That same bidder might have bid $300, then started to mentally "own" the
> camera, 
> and raised his bid when someone else outbid him.  

That's part of why someone who doesn't have blind faith that a $1 starting
bid with no reserve might use a reserve for their conservative positioning
rather than a high starting amount.

In my VERY small ebay selling experience, a no-reserve very-low minimum
works remarkably well most of the time, but *sometimes* that dirt-low
minimum is what it sells at.

Mike K.


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