What percentage of full price do you accept as a best offer?

JuzaMum

Hi
I was wondering what people consider a reasonable best offer on a BIN item. Does offering free post make any difference on the percentage. It interests me that some people just click BIN and pay the full whack and others send what I consider poor offers.
JuzaMum

soolin

For me it depends how badly I want the item to go!

mrcol1000

Personally I have given up on best offers for the above reason. Either you get stupid offers or people just pay full price. I find that it is better to do a fixed price and then reduce the price if it does not sell. If you have a couple of watchers then often they will buy as soon as you reduce the price.

Flyonthewall

There is no right and wrong with best offers, it's all down to the individual.

I had a seller once offer me 10p off an item as a counter offer which they then cancelled anyway. They clearly didn't want to go any lower, wasted my time and theirs and didn't get a sale because of it all so seems quite stupid to me.

However, some sellers may except a £1 off, some £2, some 10%, some 20%, some possibly more. All depends on the item price, how badly they want it to sell and whether or not they've put it as best offer just to boost their listing rather than actually being willing to lower it.

As a buyer what I offer varies greatly too depending on the item price, what I want to pay and what I think they may accept.

It's quite common to get a least one really poor offer though. Some people seem to think best offer means you'll just practically give the item away!

charlies_mum

If I put a best offer on my item, I expect to discount by 10 - 20%. However, buyers seem to want at least 50% off

I have units in an antique centre and thanks to the television programmes, people seem to think that a 40 - 50% discount is the norm

Tiddlywinks

As a buyer, I usually offer 20% below BIN price and then, after counter offer from seller, I offer 10% below.

To be honest, if a seller is not prepared to accept 10% under then they shouldn't use Best Offer as it just raises expectations for no real return.

Unless I feel an item is well overpriced, in which case I will offer only what I am happy to pay.

soolin

charlies_mum wrote: »

If I put a best offer on my item, I expect to discount by 10 - 20%. However, buyers seem to want at least 50% off

I have units in an antique centre and thanks to the television programmes, people seem to think that a 40 - 50% discount is the norm

Oh, don't get me started on the antique road trip style programmes.

'Hi , this bundle of items come to £450, will you take £50?'

'Yeah OK'

I always think the dealers and shops do themselves a great disservice as to me it just screams that the goods are massively over priced in the first place.

charlies_mum

soolin wrote: »

Oh, don't get me started on the antique road trip style programmes.

'Hi , this bundle of items come to £450, will you take £50?'

'Yeah OK'

I always think the dealers and shops do themselves a great disservice as to me it just screams that the goods are massively over priced in the first place.

The latest one is a programme starting shortly. They don't have any budget to buy anything, so can we loan them things :rotfl:

SpammyTheSpammer

Like mrcol1000, I prefer to adjust the price. This way, you still are guaranteed payment as I found that buyers who offer, fail to pay or are very slow. Immediate payment solves this poblem.

Contains_Mild_Peril

I find a lot of buyers will offer around 50% as a starting point for negotiations, expecting a counter-offer, though there are some who offer a stupidly low price then don't respond to counter-offers. The amount I'm willing to discount depends on various factors. If it's a seasonal item and it's getting towards the end of its season, I'll probably discount more than a newly-listed item with year-round appeal, and I sometimes check out buyers' previous feedback left for others: for a borderline-acceptable offer, that can be the deciding factor. If it's something that's big, heavy and awkward to pack, offers to collect in person may elicit a bigger discount.

donnac2558

I am a buyer.:D

If I do a Best Offer, I take the postage cost off as an offer. Otherwise if free shipping usually 10-20%, never been turned down yet. I tend to buy cosmetics/fragrances so not big items.