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<p>[QUOTE="-jeffB, post: 2781966, member: 27832"]Thing is, you have to enable Best Offer up-front, but what you're willing to accept may change over time. You can also get valuable feedback from the offers you receive.</p><p><br /></p><p>If I put something up BIN, I'll list it for 30 days. If somebody offers me 80% five minutes after I list it, I'll likely decline -- I'd like to give it some time to see if someone will pay what I'm asking. If it's been 25 days and I've gotten several offers, none higher than 60% of my asking price, I might well take an 80% offer.</p><p><br /></p><p>You'll see this sometimes in the bid histories available through some of eBay's overseas domains -- someone eventually accepts an offer that's actually lower than an earlier offer, because that offer expired or was declined, and nobody else stepped up with a better one (or even one as good).</p><p><br /></p><p>Of course, you <i>could</i> list with no BO, and reduce your BIN price over time. But that gives you no feedback about what people are willing to pay, and also rules out the possibility of getting your original asking price from someone who just took a while to spot your listing.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2781966, member: 27832"]Thing is, you have to enable Best Offer up-front, but what you're willing to accept may change over time. You can also get valuable feedback from the offers you receive. If I put something up BIN, I'll list it for 30 days. If somebody offers me 80% five minutes after I list it, I'll likely decline -- I'd like to give it some time to see if someone will pay what I'm asking. If it's been 25 days and I've gotten several offers, none higher than 60% of my asking price, I might well take an 80% offer. You'll see this sometimes in the bid histories available through some of eBay's overseas domains -- someone eventually accepts an offer that's actually lower than an earlier offer, because that offer expired or was declined, and nobody else stepped up with a better one (or even one as good). Of course, you [I]could[/I] list with no BO, and reduce your BIN price over time. But that gives you no feedback about what people are willing to pay, and also rules out the possibility of getting your original asking price from someone who just took a while to spot your listing.[/QUOTE]
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