Nice Joss West on Ebay-LOOK!!

I am the high bidder

I like the cue but I guess I am amazed at people with the "Reserve"

WHY NOT JUST START THE CUE AT THE MINIMUM PRICE THAT YOU WILL TAKE FOR THE CUE?!?!?!?

IT COSTS EXTRA, WASTES PEOPLE TIME, ETC.

I guess we need hobbies.

SOMEONE PLEASE EXPLAIN THIS TO ME?

LOL

Ken
 
What gets me are the guys who won't tell you what the Reserve is! They seem to think that keeping it a secret will get more buyers? Or make people bid higher?? Unless I know what the Reserve is, I just don't bother bidding. Well, I usually don't bid on any auction with a Reserve anyways. It's a waste of time. LOL

-von
Ken_4fun said:
I like the cue but I guess I am amazed at people with the "Reserve"
Click to expand...
 
Ken_4fun said:
I like the cue but I guess I am amazed at people with the "Reserve"

WHY NOT JUST START THE CUE AT THE MINIMUM PRICE THAT YOU WILL TAKE FOR THE CUE?!?!?!?

IT COSTS EXTRA, WASTES PEOPLE TIME, ETC.

I guess we need hobbies.

SOMEONE PLEASE EXPLAIN THIS TO ME?

LOL

Ken
Click to expand...
I agree, just start the auction off at the minimum price you will accept for the cue and see what happens. I usually don't get caught up in bidding trying to get to a reserve when I don't know what the reserve is.
 
I don't know why the stink, but...neither the starting bid nor the reserve matter...honestly.

I mean...really. The only thing that matters...when you're buying a cue...is what you are willing to pay for it. Right? I'm right...right?

So...if the starting price is $1200...and you're willing to pay at least that much. You'll bid. If you don't...who cares. In fact...regardless of what the starting price is...you should be able to look at a cue and say to yourself "I'd pay $xxxx.xx" for that cue. You put the bid in at that price...and it either wins you the cue or it doesn't. Same thing with a reserve auction. Who cares what the reserve is. You come to an auction with a certain amount you're willing to spend. Put it out there...and either you'll get it...or you won't.

Most people get pissed at reserve auctions...because they can't tell what the bare minimum amount of money is that they can throw at an item and have a chance of winning it. People try to nickle and dime the daylights out of everything on eBay. I have no sympathy for them. Put in your max bid, be happy with it...and call it a day. Trolling auctions and throwing in bids that are one increment over the current bid...is just...petty. To me anyway. It's just my opinion. LOL What's that worth to you? *shrug* Who knows.
 
Wrong. Totally wrong.

Here is the problem, which happens more often then not with these "secret Reserves":

Bidder A has bid 1000 for the cue. "Reserve not met".

Bidder B (ME) bids 1200 for the cue "Reserve Not Met".

Even though I have met your silly Reserve Price, I still don't win the cue. Why? That's how Ebay works. My maximum bid amount of 1200 will only reflect a bid of 1025, the next bid amount over the previous hi Bidders max amount.

In this example, Bidder A bid up to 1000, so the current Bid Price will be 1025, even though I actually bid 1200.

So meanwhile, I have NO EFFEN WAY of knowing whether I will actually win your cue or not. Not knowing what your bid secret Reserve is, I have to sweat out the effen auction until it's over. My money is essentially tied up on your Reserve Auction, instead of buying another cue that I want.

Now I must wait until after the auction ends, with a "Reserve Not Met" status,
before bidding on something else.

See, I would have bid 1200 on the cue no matter what, unless someone already bid more. So now you could email me and accept my Max Bid of 1200,
but I'd reply with No Thanks. My money was tied up for no reason.

Had you just started the bidding at 1200, as another poster suggested, I would have bought the cue. The guy who bid 1000 would have passed, I would have still bid and won. Exact same amount of money for me, and for you, except this way the cue actually sells. Your way it doesn't.

The whole "Reserve Price" concept is for rare, hi-value items with a price range that changes BY AN ORDER OF MAGNITUDE depending on which category, which month, etc, etc.

It was never intended for something as basic as a run-of-the-mill-cue, which has a market value which is very easy to determine.

I am not in the Minority here. MOST people do not like secret reserves. I have over 2000 transaction on Ebay, all 100% Positive. Every PowerSeller forum discussion confirms that Reserves are a waste of time for products like this. The exception is when you state the Reserve Price in the ad, allowing buyers to determine whether they want to play ball or not.

So your flawed logic will cost you many more sales than you realize.

-von
Retail1LO said:
I don't know why the stink, but...neither the starting bid nor the reserve matter...honestly.

I mean...really. The only thing that matters...when you're buying a cue...is what you are willing to pay for it. Right? I'm right...right?
Click to expand...
 
reserve auctions

i agree with previous posters: start at a minimum you would accept and let it go. i currently am on ebay in three other browsers looking for bike tools. i know i am going to get some some, somewhere, sometime. i pass on the reserve auctions; just not going to spend my time there.
if i am going to pay close to retail/reserve plus shipping and wait for the item i can just get it local. there is lots of other items out there to check out. if there is a specific item that pops up from my favorite searches-zebco cardinal reels for instance- i may go ahead and bid a round or two at anytime in the auction time frame. sometimes i get the item sometimes not.
i usually/but not allways pass on ALL bidding for items with unidentifiable bidders. it is my/your money we are talking about here. disclaimer: i have not looked at the josswest referred to in the start of this thread. now back to ebay!! woody
 
it has to do with psychology.

put up two items and start one at a lower bid, and you will get more people starting in on the lower bid and possibly build a bidding frenzy.

showing a reserve is like starting the bid higher, so what's the point.
 
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