Interesting article on eBay offer negotiations

[JustinD]

I basically follow this formula to the T when making offers and have for many years. It’s interesting to see it broke down within the actual study at the bottom of the article.

If I am rejected immediately, I usually move on knowing we are just too far apart. If you take a day to think, or open an exchange of offers, it’s worth my time to continue with discussion.

The one thing not mentioned is if you never respond to my offer at all and prevent me from making a different offer from a competitor and I have to wait for the offer to expire, possibly missing another because I don’t need two. Well you are deleted from the watch list and never returned.

https://www.msn.com/en-us/money/othe...e-verthp-feeds

[ALR-bishop]

It was intersting Justin. Kind of reminds me of the battle of wits death poison scene in The Princess Bride

[raulus]

I must be slow.

Is a slow response from the seller a good thing or a bad thing?

It almost seems like they suggest that it's both a good thing and a bad thing. Good (for the buyer) because it indicates that the seller is agonizing over the offer. But bad (for everyone) because the slowness of the response tends to agitate the buyer, causing the buyer to move on?

[bnorth]

I haven't read the link yet. The biggest think as an occasional seller I have noticed with sending offers is to do it on Thursday. I have easily a 90% success rate on Thursdays and low single digit on any other day.

[Smanzari]

Originally Posted by raulus

Is a slow response from the seller a good thing or a bad thing?

For me, Bad Thing - I'm not much on countering, so pretty much decline like 70% of offers. If its a really bad offer, I decline it right before I go to bed around 12-1a, hoping the buyer doesn't see it and moves on

[Lobo Aullando]

"Take a slow response as a good sign rather than a bad sign," said Krajbich. "Don't get discouraged. Don't think that the seller is lazy or just dragging you along."

Or – just hear me out – they were out of town. That's been 100% of such occurrences for me.

(The auto-reject threshold feature is pretty good at weeding out, too.)

[jayshum]

Originally Posted by Lobo Aullando

Or – just hear me out – they were out of town. That's been 100% of such occurrences for me.

(The auto-reject threshold feature is pretty good at weeding out, too.)

Was auto-rejection available in 2012/13 when this data was from?

[CardPadre]

Data is from 2012/2013, has to be a somewhat different landscape on eBay now vs then. But maybe there are some universal and timeless trends in the data.

I’m more than happy to let an undesirable offer rot into expiration, I rarely decline them. Can’t hurt your card to have a “pending offer” on it. No sympathy for people who make a bad offer and any inconvenience it causes them.

[Gorditadogg]

I need to make it a point to respond to offers promptly. Especially on Thursdays.

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