Quote:
Originally Posted by egbeachley
In ebays early days they did a study and discovered that auctions end up with higher prices, on average, when the auctions start at $0.99.
Even though I know this is true, I'm still hesitant to do that with my better items.
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Is this still true on eBay? I have been on eBay since very close to the beginning and it is definitely true about the first 10 years. Since then I only sell once in a while and have had horrible luck with $.99 starting bids the last 6-8 years. I am sure some of that is because I no longer have the great customer base I did in the beginning.