No bids yet price still up next relist?

yazzine

Just curious, I saw an item of clothing listed a few months ago at 60 pounds, it got no bids but was then relisted for 80, then again for 100 and now its reached 160 start price.

Is the seller just cancelling bids? I did ask her and she said that she had no bids each time and was relisting in hope of selling item, but then that does not explain the start price increasing.

iammumtoone

Its up to her what she starts the bid price at, there is a concept of perceived value ie the same item can be £50 at one place and £100 at another. The £100 item might sell more as the buyer perceives it as a higher quality piece than the one price at £50. This is often the case in the handcrafted market. However I am not sure that the concept works in the ebay market place.

Maybe the seller wants no less than £160 pounds for it and realised that if someone swooped in at the last minute to bid she would lose out so is not risking it anymore.

yazzine

Thanks iammumtoone personally I would say she could get more by improving details an placing in another section.

porto_bello

Some 5/6 years ago, I sold an unframed and unspectacular watercolour painting for £30 on eBay, to someone who farmed it and relisted it for £130. Unsurprisingly, it didn't sell, but some many months later, I stumbled on it again and noticed the seller had put the price up to £175.

Every so often, the seller continues to raise the price (presumably hoping to get back the listing fees). It's now up to £390! With a frame, it might sell for £50, but at almost £400 it is ridiculously overpriced - I can't see the point of listing something at such crazy value, particularly when it costs the seller money every time.

Road_Hog

yazzine wrote: »

personally I would say she could get more by improving details an placing in another section.

The thing is, that not everyone is marketing savvy. We often perceive buyer and sellers to be just like us. In general you never meet them. Back in the halcyon days of ebay, I used to personally deliver items and I still shudder to this day, at some of the people.

Not everyone understands how to market an item and that you sell the sizzle, not the sausage. They just don't understand the concept of what goes through a buyer's mind, how to 'hook' them and maximise the sale price.

RainbowDrops

I sometimes move prices up & down of things that have re-listed several times.
I had an ornament listed as £10 a few times. Always had 2-3 bidders, but no bids.
Then I put it up to £15, and it sold!

zerog

When I look at completed listings I often find items that I somehow missed that have gone for far less than I would have bid.

And the only time I win auctions is when other people miss them (because for some reason people on ebay value things higher than they would go for off ebay)