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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

A lot of use KNOW the market price range of what we sell...the range seldom extends to +30% above the average market price.

 

Point being, instead of this ill-conceived Make Offer idea...which only creates HOPE for ebay and the buyer that a sale MIGHT be made...go back to the old 10% threshold BIN on auctions, which turns hope into a SALE.

It also translates to a QUICK sale for items that were obtained well below market, and where the seller is willing to stay below market and still make a decent profit.

 

Message 1 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

eBay never met an "brilliant idea" they can be convinced isn't, all evidence to the contrary notwithstanding.

"If a product doesn't sell, raise the price" - Reese Palley
"If it sold FAST, it was priced too low" - also Reese Palley
Message 2 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

Because many buyers don't want to see fixed price listings masquerading as auctions. The same reason as it was introduced in the first place.

 

Just because Ebay made this stupid decision doesn't mean it's open season on stupid decisions and they should change the fake auction rule.

 

 

 

Message 3 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

"Because many buyers don't want to see fixed price listings masquerading as auctions. The same reason as it was introduced in the first place."

...and you know this how???...or is it a personal quirk taken as gospel?
It's been in place a good long time...if it's meant to discourage sales, it's doing a fine job.
Message 4 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

That was the reason Ebay gave when they created the rule.

Message 5 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

By the way, it was changed in May of 2013 which isn't a "good long while" for many of us here on the boards.

 

Message 6 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?


@the*dog*ate*my*tablecloth wrote:

By the way, it was changed in May of 2013 which isn't a "good long while" for many of us here on the boards.

 


Scary thought, isn't it?

 

_____________________________
"Nothing is obvious to the oblivious"
Message 7 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?


@nawlinsron2 wrote:

A lot of use KNOW the market price range of what we sell...the range seldom extends to +30%


If that is the case, I think eBay would argue that the item is better suited to a fixed price listing than an auction.

 

While you may disagree with that position, it is hardly "insane".

Message 8 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

15% - 20%  Would be much easier to attract instant sales.
Sell items in the $100s and no one wants to use the BIN.
It's a waste.

Message 9 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?

Actually, I believe the 30% above the starting bid policy was instituted to combat sellers placing a BIN of 1¢ over the Starting Bid when auction style listings were free and fixed price listings had listing fees attached.  If memory serves, the initial differential was 10% but it was soon raised to 30%.

 

"It is an intelligent man that is aware of his own ignorance."
Message 10 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?


@bidlines wrote:

15% - 20%  Would be much easier to attract instant sales.
Sell items in the $100s and no one wants to use the BIN.  It's a waste.


If it is not working for you then you must decide weather to use either BIN, or auction. Don't mix the two. The purpose is to either do one, or the other. Too many shield their items as an auction but it is really a BIN. Buyers who use the auction format do not want to see those shield auctions. I the item is truly worth $100 and in demand then an auction will bring that price up to $100. If you want an instant sale as you say then list it for your $100 then mark the item down 15-20%.

Message 11 of 12
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Make Offer???...why not drop that insane +30% threshold for BIN on auctions?


@nawlinsron2 wrote:

A lot of use KNOW the market price range of what we sell...the range seldom extends to +30% above the average market price.

 

Point being, instead of this ill-conceived Make Offer idea...which only creates HOPE for ebay and the buyer that a sale MIGHT be made...go back to the old 10% threshold BIN on auctions, which turns hope into a SALE.

It also translates to a QUICK sale for items that were obtained well below market, and where the seller is willing to stay below market and still make a decent profit.

 


I haven't listed an auction with a buy it now price forever. I used to fairly often but the 30% rule killed that format. One size does not fit all with those sorts of policies. It works ok for low priced items but is HORRIBLE for higher priced items so I just don't list like that any longer. It's BIN or auction and never a combo of both.

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