Have any of you guys won an auction for $0.01 and do you feel bad if you know it worth more than a penny?
And from you sellers, wouldn't it be better to start the bidding somewhere near the real value of the item?
Have any of you guys won an auction for $0.01 and do you feel bad if you know it worth more than a penny?
And from you sellers, wouldn't it be better to start the bidding somewhere near the real value of the item?
I did. I won a bunch of Nintendo Power Mags for 5 cents.
I picked them up and gave the guy a buck but I felt funny about it.
Dave
It has been awhile, but there was someone who bought some games for 1 penny and the seller offered free shipping. I am sure the seller never started his auctions at 1 penny after that.
I've bought quite a few DVDs for that penny starting bid. I don't feel bad at all. The seller made his risk knowing it could happen.
Seeking display quality copy of I Want My Mommy for the 2600... if you have one, PM me, I will pay/trade well.
I've never started my auctions at .01. The ones I start at .99 usually consist of things I was going to throw away. I just listed a Pantera shirt that hasn't fit me for about seven years on ebay for .99 cents. It's currently at $7+. You win some, you lose some. Last year I sold an old Tracker 250 tape backup (120 meg uncompressed, 250 meg compressed) for 99 cents. I grossly underestimated shipping, so the guy sent me $5 and it cost me $10 to mail it to him.
Do those .01 auctions have money built into the shipping? I accidentally bid on a Star Wars figure once for .01 and then saw that shipping was $12.
Flack
Well, the lower bidding price seems to draw more bids, which can smetimes lead to pointless bidding wars, and getting much more for the item. That's probably the motivation. Personally, I start everything below $10 just to get lower listing fees. I've never sold a big ticket itme either.
I've found that the quoted shipping charges are usually more than the game is worth in most cases.
I will only start items at $.01 if im trying to get rid of it and don't care about the item. I usually start an item around my cost. If anything happens I at least get my money back.
I always start everything at a buck, unless it's worth WAAAY more than that.
Everyone is willing to bid on something under $10, but hardly anyone blinks when it starts off at more than $10 (depending on the item, of course).
Kristine
"I am way too lesbian for that shit."