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Whats your Best Offer?

I have just had an offer for an item that is soon to end. I asked for a Bin of £20.00 and have just recieved a best offer of £15, a quarter of the price less. I have never offered this low, or had anyone offer this low - I usually offer about 15% less then reoffer at 10% if not accepted.

Just wondered what anyone else usually offered or accepted (obviously if your ebay name is the same as your user name here then it is not good business to answer this question!)

Thanks for your thoughts

Lisa
«13

Comments

  • mishkanorman
    mishkanorman Posts: 4,155 Forumite
    I recently had an offer of £105.00 for a BIN of £135, turned it down and they paid full price the day before it was due to end.

    I think some people just try their luck for a bargain, dont really want it but if its cheap enough they will have a go !

    mishka
    Bow Ties ARE cool :cool:

    "Just because you are offended, doesnt mean you are right" Ricky Gervais :D
  • pinky8
    pinky8 Posts: 464 Forumite
    I have had an offer of £5 for an item that was listed on BIN for £24.99 which is sold in shops for £50?

    I would have accepted £20 for it. I think offers need to be pretty near the asking price.
    It costs nothing to be nice...:)

    Mortgage 01/05/07- £138200.13 (Start of challenge)
    Mortgage 01/07/08- £128868.93

    Aiming to Reduce mortgage by £20000 in 3 years :)
  • I had an unworn vintage nylon shirt listed at £14.99, and got a £10 offer. Since offers last for 2 days (unless the listing ends first), I decided to wait a while before responding, and the same customer paid the asking price for it.
    I once had a cheeky so-and-so offer 50p for a suit I listed at £6.99. That offer wouldn't even have covered my fees. I don't know whether they actually thought there was a chance I might consider it, or if they were just taking the urine.
    It's a bit annoying that the ID of the person making an offer is concealed, so you can't contact them to haggle.
  • Lindsay100
    Lindsay100 Posts: 182 Forumite
    Part of the Furniture Combo Breaker
    I had an offer of £10 for something I had listed for £56, I ignored that one!

    I am suprised at reading this, as I would expect to offer/accept 25% off.

    I am being far to generous I think! Dam hehe
    Like my avatar, took the photo myself with the free digital camera I bought from boots with all my free points! I love moneysaving.
  • alanalea
    alanalea Posts: 1,284 Forumite
    1,000 Posts Combo Breaker
    Some cheeky begger offered me £1000 for my £4000 camper 2 weeks ago :rolleyes:
    "Beauty is in the eye of the beholder and it may be necessary from time to time to give a stupid or misinformed beholder a black eye."...Miss piggy
  • bs7
    bs7 Posts: 774 Forumite
    Lindsay100 wrote:
    I had an offer of £10 for something I had listed for £56, I ignored that one!


    I've had a similar one to that.

    There seem to be a few chancers that simply take the mickey and waste everyone's time.
  • carrie483
    carrie483 Posts: 1,868 Forumite
    I don't think the people are being cheeky at all. They probably think that if 1 out of every 5 accepts then they have done well.

    It doesn't really waste much time either, if you dont like the offer then ignore it.

    Carrie.
    Accept that some days you're the pigeon and some days you're the statue.
  • I wonder how many of those offering a small fraction of the asking price would be so "cheeky" face-to-face, e.g. at a car boot sale?
  • Tirian
    Tirian Posts: 996 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Basically, it depends how confident you are that you can sell your item for £20. If you're pretty sure, then reject the offer.

    If you're less sure, then you may well be better off in the end to accept it rather than foot the cost of re-listing.

    It's up to you, I guess! I tend to list all my BINs with a fairly healthy margin - that way I have more flexibility with offers. It also depends on what you're selling I guess. I sell collectible items, so my prices are based more on the time and effort it takes me to source them than on what I actually paid to get them. Therefore I am a lot more flexible about what I sell for anyway - if something doesn't shift for a long time, then I can still bring the price down without losing money. It just means that I am probably getting a pretty poor return for my time investment.
    For where your treasure is, there will your heart be also ...
  • juno
    juno Posts: 6,553 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I had an offer of 25p on a £20 item!
    Murphy's No More Pies Club #209

    Total debt [STRIKE]£4578.27[/STRIKE] £0.00 :j
    100% paid off :j

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