07-08-2022 01:38 PM
I have several comic books listed on 7 day auctions
On day 6 a customer inquires about possibly purchasing multiple items.
Should I let the seven day auction complete?
I have many views/watchers who may bid at the last minute.
or do I negotiate with the customer and possibly end the auctions early?
07-08-2022 01:45 PM
Let the auctions run their course.
If they don't sell then consider doing a BIN package listing for the books the buyer wants.
07-08-2022 01:57 PM
Tell them that you are going to let the auctions run to the end, but invite them to bid on as many as they want. As mentioned above, if they don't bid, and they don't sell, you can offer to make a lot listing for them to buy at a fixed price.
07-08-2022 01:57 PM
@jeffhartz wrote:On day 6 a customer inquires about possibly purchasing multiple items.
Should I let the seven day auction complete?
I have many views/watchers who may bid at the last minute.
or do I negotiate with the customer and possibly end the auctions early?
If you have many views and (especially) watchers and you are only one day away from the end of the auctions then of course you should let the auctions run to the end. I run auctions in my selling account all the time and the liveliest bidding is always that within the final minute and even the final 10 seconds.
Just tell your interested bidder to plug in a bid and he might win. You can offer to put together a package deal for any that did not get bids. But it is to HIS advantage - not yours - to persuade you to end the auctions early because he is concerned that if the auctions run to the end then the bidding may go higher than he wants to pay. Leave him to be your backup option in case some do not sell.
07-08-2022 02:46 PM
As long as you have watchers and views I would continue with auctions. You have no bids yet.
Do not cancel an auction with one bid for you will get a big cancellation fee. I cancel an auction with a bid of $3.50 and got charged .50 cent by eBay before auction ended. Had only one watcher so I know the auction was not going well. Great comics and due to your prices make sure you do a signature confirmation when shipping... in my opinion. I think you should read on eBay of "no returns"...considering you are selling expensive stuff.
07-08-2022 06:34 PM
@12345jamesstamps wrote:Great comics and due to your prices make sure you do a signature confirmation when shipping... in my opinion.
If the sale is $750 or higher then Signature Confirmation is required by Ebay in order to keep your seller protection against an Item Not Received dispute. If it is less than $750 then the standard Delivery Confirmation gives you the same level of protection against an INR dispute.
@12345jamesstamps wrote:I think you should read on eBay of "no returns"...considering you are selling expensive stuff.
Definitely. Some people confuse No Returns with No Refunds and they are NOT the same thing. A buyer can file a Not as Described dispute regardless of seller policy. An uncooperative seller can see the whole sale refunded by Ebay and the buyer allowed to keep the item. Then Ebay comes after you to recover their refund to the buyer. If a dispute is filed then be sure to choose the option for requiring the buyer to send the item back before refunding.
07-08-2022 06:50 PM
Just a heads up. If you haven't sold anything in a month or so and your items are high end stuff there might be a hold on funds for 30+ days before you receive your money. Its always good to sell something anything every month. Plus it is wise not to sell them all to one person because high revenue from one buyer means a longer wait for your funds.