In message <
[email protected]> "CSM1"
What if the only bids you get are less than the actual value of the scanner,
are you going to sell it for much less money than it is worth.
That's part of the gamble of an auction. Obviously eBay is more then
pure auctions these days, but I still approach eBay from an auction
standpoint.
In my years of experience on eBay as a buyer, if I'm buying an item
where there is an established minimum sell point (as there appears to be
for this scanner), I hunt for the ones with higher start prices as they
tend to finish lower, on average.
I sure would not put the starting bid at less than I was willing to take for
the item.
I would, have before, and will again -- I haven't yet gotten less then
I'd have set my initial price (or reserve). As an added bonus, the
insertion fees are much lower.
However, I research obsessively before I post anything for sale. I know
At $0.99 for a item that is worth $100, would scare me away. I strongly
suspect the item is a carcass.
Anywhere but auction, I'd agree -- It's about knowing your market.
Having spent many years watching for deals on eBay, as a seller, I'd
definitely start low *if* the history shows similar/identical items have
a reasonable number of bidders, and you're willing to accept the lowest
going rate price.
However, if not all items sell, or there is a wide variation in price
without an explanation, then definitely set a reasonable minimum or a
reserve.
As a buyer, I don't care about the start price, just the final cost
(that includes shipping) and the details which impact the item's
insurability.