amiga.org
     
iconAll times are GMT -6. The time now is 02:49 PM. | Welcome to Forum, please register to access all of our features.

» Amiga.org » Coffee House » CH / General » WTF do people set reserve prices but low opening prices??!??

CH / General This is the correct place for open, moderated discussions of a general nature. Open to Registered users only.

Reply
 
Thread Tools Display Modes
Old 10-05-2005, 11:42 AM   #1
mgerics
Technoid
Points: 9,481, Level: 65 Points: 9,481, Level: 65 Points: 9,481, Level: 65
Activity: 2% Activity: 2% Activity: 2%
 
Join Date: Jun 2002
Posts: 290
Default WTF do people set reserve prices but low opening prices??!??

Ok, another gripe. Maybe we (I) spend too much time complaining, but give me a break! Life in general can be hard enough as it is, don't MAKE things harder than they need to be! There's no reason for this!

EBayers, you know what I mean!

I don't care that you set a reserve price; none of us wants to give something away that is truly useful (at least as far as we're concerned).
But don't set your reserve for $255.00 then set the opening bid at $0.01. That is a bleeping waste of resources, not the least of which is time. Set the damn opening price to the least that you'll take for it (you're RESERVE, get it ??!??); if the item is worth it, it'll sell. If it ain't, it won't period.

Am I way off the mark here, or just a self centered conceited idiot? (No, honey, you can't answer that last one)

I mean, I see item X. I'll willingly pay the D bucks for it that the market says it's worth. I see one for .01!! A deal! Ok, I bid 5.00 for it, rats below reserve. Since everyone wants a deal, I'll bid less than D for it in $5 increments a few times - still below reserve. Then I bid D, because I think it's worth it. 79 bids later the thing FINALLY gets above the reserve to 2.5 times what it's worth! All those bids wasted to even GET to the guys reserve price. Just set your opening price to the reserve price - if anyone's stupid enough to pay too much for the thing,is the low price of .01 really gonna make him bid differently?

Or is it an EBay sceme I'm not supposed to realize, just keep bidding a hundred times because it must be worth it if I haven't reached the reserve yet!

It just seem spiteful to list something at such low prices that you'd never sell the bleeping thing for in a million years anyway.

Comments?
mgerics is offline   Reply With Quote
Old 10-05-2005, 11:46 AM   #2
odin
Colonization had Galleons
Points: 21,347, Level: 91 Points: 21,347, Level: 91 Points: 21,347, Level: 91
Activity: 8% Activity: 8% Activity: 8%
 
odin's Avatar
 
Join Date: Feb 2002
Location: Asker, Norway
Posts: 6,706
Default Re: WTF do people set reserve prices but low opening prices??!??

Er....right.

You answered your own question. Setting a low bid price makes it easier for more people to get cought in the bidfrenzy. Thus a higher endprice.

If you're so pissed off with the low bidprice then don't be a cheapskate trying to get an object for cheap (which you won't anyway); just use the Buy-It-Now if it's a realistic price.

Seems to me pot, kettle, black .

-edit-
D'oh ops:. I should learn to read better. On the reserveprice thing I kinda agree...
odin is offline   Reply With Quote
Old 10-05-2005, 11:56 AM   #3
X-ray
Energizer Bunny of Babble
Points: 16,181, Level: 81 Points: 16,181, Level: 81 Points: 16,181, Level: 81
Activity: 7% Activity: 7% Activity: 7%
Space Invaders Champion, Chopper Challenge Champion, Mahjong Champion, Bounce Back Champion, Mission To Mars Champion, Bugz Champion
 
Join Date: Jul 2004
Posts: 4,370
Default Re: WTF do people set reserve prices but low opening prices??!??

They might be doing it to see what the general public's estimation of the item's worth is. And for that you have to have bids.
X-ray is offline   Reply With Quote
Old 10-06-2005, 04:04 AM   #4
Turambar
Technoid
Points: 7,825, Level: 59 Points: 7,825, Level: 59 Points: 7,825, Level: 59
Activity: 2% Activity: 2% Activity: 2%
 
Turambar's Avatar
 
Join Date: Jan 2003
Location: Glasgow, Scotland
Posts: 425
Send a message via MSN to Turambar
Default Re: WTF do people set reserve prices but low opening prices??!??

Setting a high start price costs more.
Turambar is offline   Reply With Quote
Reply

Bookmarks

Tags
low , opening , prices , reserve , set , wtf , people

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
what is wrong with these prices? rednova Amiga community support ideas 3 12-25-2007 02:34 PM
Are the prices keep rising?! AmigaMance General chat about Amiga topics 4 10-28-2005 09:05 PM
Mad prices for PPC... Noster Amiga Marketplace 7 07-31-2005 10:21 AM
What are the prices for a 60 ns 128 Mb Ram or 50 ns 64 Mb ?? Effy Amiga Marketplace 21 03-25-2005 07:34 AM
Insane gas prices (petrol prices) FluffyMcDeath CH / General 14 10-07-2004 12:26 PM