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My interests include Jazz, (Auto)Road Racing, NetMeeting, E-Learning, Zope/Plone, Creative Problem Solving and lots of other stuff.

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December 24, 2006
 

Ebay reserve vs. starting bid

I have been noticing that a lot of eBay sellers set a reserve bid on their sales, then set a starting bit way lower than the reserve. I presume there is some logic in that? Psychological manipulation? Testing the market? I really don't know.

It seems to me if you want to sell an item at a reserved price or more that the reserve amount should be the minimum starting bid or very close?

2:33:46 PM        comment []   


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