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#9
10-16-2014, 05:37 PM
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reserves
Problem with just setting an intitial bid that is your reserve is the problem i have on ebay..i set a initial minimium bid i would take as a reserve...noone bids..i do a .99 first bid..and it gets bid up to higher than the mimimum bid i did a week earlier than no bids..
i think we all basically know what market price is but i think people like the bidding process on the way to market price and also people get invested in the bidding during the week...when just a market price sitting out there, the buyer has no chance for a bargain i think so that really hinders bidding when only 1 bid basically will win the thing, nooone wants to be the person to make that 1 bid... 
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