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Fixed price query

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Comments

  • soolin
    soolin Posts: 75,004 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    yes they have. that is why i contacted them and asked them to do it.

    i tried to sell a few things earlier this year by auction and put the starting price too high and got no bids, so that is why i thought i would try this way. there is no way of knowing which is the best way you just have to try it and see.
    i want to sell an expensive high chair for £150 ish but if i put it on at starting price then that could put people off.

    There is a difference between what something is worth and what you want for it. If you put something in at 99p and it sells for 99p then that is what it is worth. You might 'want' £50 for it but other people don't agree with your valuation.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • paul2louise
    paul2louise Posts: 2,602 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    soolin wrote: »
    There is a difference between what something is worth and what you want for it. If you put something in at 99p and it sells for 99p then that is what it is worth. You might 'want' £50 for it but other people don't agree with your valuation.

    it can also depend on how many others similar are for sale at same time. It is worth £150+ as there are others going for a lot more
    Might give auction a go first, see what happens
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    soolin wrote: »
    There is a difference between what something is worth and what you want for it. If you put something in at 99p and it sells for 99p then that is what it is worth. You might 'want' £50 for it but other people don't agree with your valuation.
    Don't want to disagree with soolin on an eBay question, but with an auction you need _two_ buyers to think that it is worth what you want for it. With a buy-it-now you only need _one_ buyer to think it is worth what you want for it.
  • freddysmith
    freddysmith Posts: 2,002 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i want to sell an expensive high chair for £150 ish but if i put it on at starting price then that could put people off.

    Have you researched Ebay history for similar items and what they sold for?
    I would then have a Buy it Now auction with a Best Offer option and see what response I get.
  • soolin
    soolin Posts: 75,004 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Don't want to disagree with soolin on an eBay question, but with an auction you need _two_ buyers to think that it is worth what you want for it. With a buy-it-now you only need _one_ buyer to think it is worth what you want for it.

    The thread appeared to suggest that if you don't do a BIn then the only other choice was a 99p start. I was just offering a different suggestion of a start price at the minimum a seller would accept.

    That would mean if the seller is wrong and the item is over valued the high start price has protected them, but if it is worth more a second bidder may well increase the price even more
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
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