I think I found a minor flaw in ebay's pricing algorithm. One of my auctions ended today with no bids. I got an email recommending that I relist but change my starting bid to $3.00. That's very nice except my original starting bid was only $.99. If I couldn't sell it for $.99 what makes them think I'd be successful if I tripled the price?
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ebay suggests charging more for my item
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Have you checked around eBay to see what similar items sell for? It may be that your original listing was lower than average. Perhaps their system simply saw that most similar items that have sold were listed for around $3, so it recommended the same.
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Originally posted by kork13 View PostHave you checked around eBay to see what similar items sell for? It may be that your original listing was lower than average. Perhaps their system simply saw that most similar items that have sold were listed for around $3, so it recommended the same.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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Originally posted by kork13 View PostHave you checked around eBay to see what similar items sell for? It may be that your original listing was lower than average. Perhaps their system simply saw that most similar items that have sold were listed for around $3, so it recommended the same.
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Originally posted by kork13 View PostHave you checked around eBay to see what similar items sell for? It may be that your original listing was lower than average. Perhaps their system simply saw that most similar items that have sold were listed for around $3, so it recommended the same.
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Originally posted by disneysteve View PostI think I found a minor flaw in ebay's pricing algorithm. One of my auctions ended today with no bids. I got an email recommending that I relist but change my starting bid to $3.00. That's very nice except my original starting bid was only $.99. If I couldn't sell it for $.99 what makes them think I'd be successful if I tripled the price?
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Originally posted by electric_mikey View Postwhen im browsing through ebay i find myself looking at a "decent" price. not the lowest, not the highest.
too often i find that the lowest prices seem fishy, and are from users with no reviews to their account.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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yeah, i know it might sound a bit counter intuitive..but i don't know. its kinda logical when you think about it, there are a lot of items on ebay listed by people with no reputation, trying to make their listings stand out with low starting bid.
i guess its a combination of the things mentioned in this thread.
- a "decent" price, lets say the average price for a product is 3$, maybe you don't want to go to 0,99$, maybe put it somewhere in between there, like at 2$?
- a good description with plenty of photos
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