Not ANOTHER eBay question?!?

[JustTheTip]

Is it better to have a higher starting price, or have a reserve? Or neither, only to remove the item if it fails to meet the price you want?

Whatr do you guys think??

[M@H]

I always go higher starting price and no reserve.. reserves just P!$$ me off on ebay. You can always lower your starting price too if you are getting no "watchers" or bids as the auction progresses.

Cheers
Matt

[Tuna]

No expert here, but if I see a high starting price, I tend to think 'You're an optimist' and move on. The items that end up with high bids seem to start low and get a few people fighting over them. High starting prices, and big reserves discourage that.

If it's something big and expensive (your car?) then say it's advertised elsewhere and you reserve the right to end the auction early. That said - most of the good bidding happens in the last hours/minutes/seconds.

[mxdi]

If you say what the reserve is in the text, then you will encourage more people to bid knowing their target.

[-DeaDLocK-]

mxdi said:

If you say what the reserve is in the text, then you will encourage more people to bid knowing their target.

Ditto. Best compromise. Low start price to fuel the wars, but a public reserve so bidders know where they stand and you're assured of a minimum return.