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why does ebay charge a reserve fee but not starting price fee?
tc1992
Posts: 144 Forumite
If you set a starting prcie it's just like letting people know your reserve, right? But it effectively does the same thing as a reserve.
The only advantage i can see of a reserve over starting price is that with a reserve you can start your item, at say 99p, which mind attract more people to the auction and might spark a bidding war. but generally seems like wasted money to me/
am i missing something?
The only advantage i can see of a reserve over starting price is that with a reserve you can start your item, at say 99p, which mind attract more people to the auction and might spark a bidding war. but generally seems like wasted money to me/
am i missing something?
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Comments
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No, you're pretty much spot on. Except ebay does charge a insertion fee that goes up depending on the start price. The other advantage is that you can see what it is worth without it being a binding sale, and offer it to the highest bidder if you're happy with it.... but basically it is just giving ebay money, especially as a reserve will put bidders off.If you set a starting prcie it's just like letting people know your reserve, right? But it effectively does the same thing as a reserve.
The only advantage i can see of a reserve over starting price is that with a reserve you can start your item, at say 99p, which mind attract more people to the auction and might spark a bidding war. but generally seems like wasted money to me/
am i missing something?This is my opinion. There are many others like it but this is mine:kisses2: Fiancee of the "lovely" DaveAshton :kisses2:I am a professional ebay seller. I work hard at my job, I love my job, if you think it's silly that's your problem not mine.
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I find that a reserve price often puts potential bidders off for items that are worth about £50-£100."Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100
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i have recently been selling some items that i wouldn't let go for less than £50 and which i have sold for upto £100 in the past, i tried them with a starting bid of £49.99 no reserve and it returned poor results i listed 10 and sold 2.
i relisted the remaining 8 at 99p start with a £50 reserve and i sold them all at prices from £55 to £110 so it does appear to work. at the end of the day it's about attracting attention then once you have 3,4 or 5 serious bidders it becomes a personal battle and often leads to better final sale prices.0 -
TurkishDelight wrote: »No, you're pretty much spot on. Except ebay does charge a insertion fee that goes up depending on the start price. The other advantage is that you can see what it is worth without it being a binding sale, and offer it to the highest bidder if you're happy with it.... but basically it is just giving ebay money, especially as a reserve will put bidders off.
i have some music equipment that i am thinking of selling and hoping to get about 1300 quid for. According to ecal (sorry can't put a link in as i'm a new user) if i put the starting price at 1300 the insertion fee is 1.30, and seems to be 1.30 no matter what i set the starting price at .
but you're saying the insertion price goes up with the start price. so is ecal wrong?
If i set the reserve at 1300 with a start price of 1 then its a 26 pound fee
Interesting what the other posters are saying . . maybe a reserve is better for common items? and also in the price range mentioned 50-1000 -
It varies from nothing to £1.30i have some music equipment that i am thinking of selling and hoping to get about 1300 quid for. According to ecal (sorry can't put a link in as i'm a new user) if i put the starting price at 1300 the insertion fee is 1.30, and seems to be 1.30 no matter what i set the starting price at .
but you're saying the insertion price goes up with the start price. so is ecal wrong?
If i set the reserve at 1300 with a start price of 1 then its a 26 pound fee
Interesting what the other posters are saying . . maybe a reserve is better for common items? and also in the price range mentioned 50-100
http://pages.ebay.co.uk/help/sell/fees.html
This is my opinion. There are many others like it but this is mine:kisses2: Fiancee of the "lovely" DaveAshton :kisses2:I am a professional ebay seller. I work hard at my job, I love my job, if you think it's silly that's your problem not mine.
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