Strange Seller Logic...

Lexie, I see that all the time and fail to understand either! I think it is a lot of the same thing we see in here..people do not take the time to read so they can understand how things work...or, maybe they just don't have common sense!

Duffus (seller) one might be OK if there are lots of shinny things up for bid, and they seem to be selling well. More often than not, an opening bid is placed rather than using the BIN. After the first bid, shoppers assume they are from different sellers, because looking at a list of items, one is BIN, and the other is not. The real duffus is the guy that bid $24 when he could have done like you and got the same thing from the same seller for 25% less. For some strange reason, people tend to think if you BIN you are automatically paying to much because the seller is getting what he wants. That’s why I have never and will never us a BIN in my auction. Every auction I’ve ever held (except two) has been $1 to open with no reserve.

I’ve seen duffus 2 before, and it baffles me also. One of my last purchases was opening bid and BIN for $99.00. I snatched it up. (I got lucky and found it in view sellers other items before a general search could find it) While the seller never discussed or brought it up, it may have been a mistake on his part. Within 24 hours I got an e-mail offering me $150. (not from the seller)



[This message was edited by puppy_raiser on December 07, 2003 at 02:36 PM.]

Puppy...and did you take the offer?

No, I bought it cuz I wanted it.

It must be worth much more than you paid if he is willing to pay you that much profit!

sunny

I would have a hard time giving up all that profit, puppy.

That would be funny, but I know it is true, Mrs. M!

sunny

LOL, Sunny, you are in deep trouble!

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Now....when I have numerous identical items I NEVER! have them in the same auction!! Why would you do that and lose yourself money?? Strange

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I don't understand

Do you mean have 2 items in the same section of Ebay?

Mrs. M.

I'm not sure (now) that I could replace it for $150. That was just his first offer.

Beezo

I think he ment two auctions running at the same time, or that close together.

He = Me? LOL I meant that when I have 2 of the same items ...say 2 identical books. I would not list them at the same time. I would have 1 auctioning this week and then put the other one up after the first one finish. I might even email the losing bidders of the first auction and let them know I have another.

Lexie

I was surprised by buyer behaviour recently when there were three of a widget I wanted offered by the same seller, all with the BIN £1 higher than the starting price. I bid on one at the starting price, hoping (stingy Scot, you know!) to get the widget for a pound less than I might otherwise.

Two other bidders turned up and bid against each other, sending the price way above the BIN. I just went and bought one of the other two widgets at the BIN price and felt very pleased with myself!

SS

Morning Squeaky and puppy!...Hope your weekend turned out ok, Squeaky...I have had that happen with bin before. I sometimes cannot believe people!

Hello all!

The weekend was fine, in the end, but mainly because I threw a strop in the garage and they gave me the van back unfinished....well, unstarted really.

They want it back to finish the work this week, but there's no way I can do without it until next week - I'm racing again at the weekend.

The dogs did really well, and we came fifth overall, which I was absolutely delighted with - after all, they've got to drag my weight around with them!

SS

Morning Mrs.M.

Sometimes I think bidders don’t just want the item for themselves, they want to keep others from getting it as well!! The only reason to bid something up like that is if time is a problem and you need it NOW.

Squeaky, congrats. Where abouts are you?

Terrific, Squeaky!!!!

Yes, you are exactly right, Puppy! I have seen it on Ebay and many times at live auctions. I find it especially amazing when people run up an item that there are many.

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Originally posted by SuperSqueaky:
Two other bidders turned up and bid against each other, sending the price way above the BIN.

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It's probably not all the time, because people do the darnest things, but it might happen because bidders didn't see the BIN until after the reserve was stomped.

That does happen sometimes, but I think in this case there were more offered by the same seller. In which case, the just didn't look, I suppose!

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Originally posted by Mrs.M:
In which case, the just didn't look, I suppose!

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It might have something to do with the price. On a $5 item, maybe people don't feel it's worth their time to do much research to save 10%, but on a $1,000 item they do.

Yes, that is logical.

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Starting Price $16.00 BIN $18.00. I whacked in a proxy to get rid of BIN on item ending first and set snipe for $18.00 (still the other item available at this stage).

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What I don't understand is why didn't you just use the BIN in the first place? You stomped the BIN by setting a proxy bid, then set your snipe for the BIN price?? I don't get it.

Because I may have gotten the item for less than the BIN price (all be it only up $2 less), by setting my max price at the BIN - I dont spend more than the original BIN amount or the BIN of the other item.

Lexie

To BIN, or not to BIN, that is the question:
Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous reserve;
Or to take arms against a sea of nibblers,

Well whether I BIN or not depends entirely on my mood sometimes. Whether I can be bothered with the whole sniping and waiting or whether I just hit that button and receive the item

Lexie

Hey you with no signature!!

Very quiet tonight. Everyone up north must be huddling, waiting for the snow storm!

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Originally posted by Mrs.M:
Hey you with no signature!!

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Hey Rick!

I think one of those scripto "Rick"s would be dandy for you!

Jabbergah                                                    

Morning Jabber

Hey Rick, How bout this.
You seem to be into frogs this morning.

I think the more we suggest, the more Rick is going to resist.

Top Stories from Reuters Dec 14 7:07am CT
Saddam Captured While Hiding in Hole Near Hometown

Morning everyone! What a great day!!!!! Bless our troups!

Rick, I like your signatures too! Really neat!

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Saddam Captured

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Puppy, isn't it wonderful? Maybe those people can finally have a little peace.

Honestly, I never thought it would happen. There is more to do over there, but this is a HUGE step, even if only in peoples minds.