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Reserve bids
Why put a reserve bid on an item at 50$ and start the bid at 10$ It’s a waste of time bidding on the item to find out the reserve has not been met. Start the bid out at the minimum amount you’ll take @everyone!
2 comments
mr_lincoln
Mentor8 months agoHi @anitmcvicke0
You might want to message the Seller(s) using the Reserve price that they are getting charged a fee every time the list or relist the item for sale via the Auction format.
You are spot on with Sellers starting their auctions at the lowest amount they are willing to sell for that includes covering their cost, eBay fees and their target profit margin. I give that advice to many Sellers throughout the year.
comics-scifi-collectibles
Mentor8 months ago@anitmcvicke0 Excellent advice. The seller is probably new and doesn't realize that they will be paying reserve fees of 7.5% or $5, whichever is greater, even if the item doesn't sell.
They will probably come here eventually upset about the fee.
eBay does show the fee that will be charged at the bottom of the screen before the listing is submitted.
Always start auctions at a price you will be happy with if you get just one bid.
Adding a link to the fee page so that anyone reading this post is aware of how the fees work:
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822&st=