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<p>[QUOTE="krispy, post: 2064954, member: 19065"]I tend to feel that starting auctions with .99¢ tends to yield more bids, helps to guarantee the item sells but doesn't necessarily net exceptional results, but that items will be bid up to what they are worth provided you listed them properly and imaged them correctly. There seems some psychological resistance of bidders to bid on an item for near what its worth if the seller starts it at or just back of that range. I'm sure some people just want things for as cheap and next to nothing as possible and refuse to bid on listings starting over a certain amount. I'm sure others just think auctions should start at such a minimal bid because they like bidding and participating whether they can win or not. The same issues seems to impact whether you charge a shipping fee or offer it for free. People just don't want to pay for what things are worth, but when they want to sell, want the world for their stuff. Just some thoughts. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie103" alt=":yack:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 2064954, member: 19065"]I tend to feel that starting auctions with .99¢ tends to yield more bids, helps to guarantee the item sells but doesn't necessarily net exceptional results, but that items will be bid up to what they are worth provided you listed them properly and imaged them correctly. There seems some psychological resistance of bidders to bid on an item for near what its worth if the seller starts it at or just back of that range. I'm sure some people just want things for as cheap and next to nothing as possible and refuse to bid on listings starting over a certain amount. I'm sure others just think auctions should start at such a minimal bid because they like bidding and participating whether they can win or not. The same issues seems to impact whether you charge a shipping fee or offer it for free. People just don't want to pay for what things are worth, but when they want to sell, want the world for their stuff. Just some thoughts. :yack:[/QUOTE]
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