New Feature: Auto Price Reduction

[toujoursladybug]

I was making a listing and saw this new feature, but didn't see any talk about it.
Personally, I've used this feature on another platform out of curiosity a year ago on a few items I was selling. It took a week or two for it to reach my minimum I put in, which was half of my original asking cost. I'm surprised eBay's including this feature and I'd be curious if this would actually work for anyone, or thoughts on how this may affect pricing.

[comics-scifi-collectibles]

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@adamcartwright wrote:

@onefootflipper 

I was trying to get a handle on what kinds of price drops trigger a notification to watchers. 

Sounds like it has to be above a certain threshhold?

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@toujoursladybug   It has been a 5% price reduction that triggered a notification to a buyer in the past.  I don't THINK that eBay has changed that setting.  

[twiswall]

I don't know about anyone else but my listing setup page changed a few days ago and this feature is no longer available.  I am not a professional eBay seller...but I have looked high and low since they changed the listing page format.  I was loving that feature.  

[hardrhymer76]

It's been months and the feature has yet to be added to my account.

And no, I'm not using the basic listing tool and it's not hiding behind "See pricing options".

[qpt-cher]

I love the auto price reduction feature. Please don't get rid of it, eBay. It's kind of like my old crockpot. " Set it and forget it". 

[mwsales05]

My biggest complaint with auto price reduction is that it randomly doesn't show on listings when you're editing them. I know some listing have it active but the auto price disappears and yes I did check that it's on in the options. It might be a bug but it's still nice to physically see that's it's active. 

[feiyue-2013]

This feature would be much more useful if you could choose the number of days.  Sometimes I want to sell an item quickly, and I do not want to wait 3 days for each price reduction.  It should also give an option to use a percentage instead of a dollar amount.