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"eBay eejits"

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Fri 11/07/03 at 21:17
Regular
Posts: 787
You're selling something on eBay.

You have a starting price of - say - 50p, and also a reserve price - say £5

Now to me, it seems logical that the reserve is going to be larger than the starting price, yes?

After all, if your starting price was the minimum you were willing to accept for the item, you wouldn't have a reserve on it, would you?

So why do people bid - once only - at the starting price?

At least try a bid of £1, y'know?!
Fri 11/07/03 at 21:36
Regular
"QPR 1974"
Posts: 2,539
It's up to the buyer if they want to sell - if the bidding does not meet the reserve. So it's just ambitious people, really.
Fri 11/07/03 at 21:26
Regular
"Chavez, just hush.."
Posts: 11,080
Because people don't know what a reserve is or they just don't see it...

Easy..

Or they're complete idiots.
Fri 11/07/03 at 21:17
"High polygon count"
Posts: 15,624
You're selling something on eBay.

You have a starting price of - say - 50p, and also a reserve price - say £5

Now to me, it seems logical that the reserve is going to be larger than the starting price, yes?

After all, if your starting price was the minimum you were willing to accept for the item, you wouldn't have a reserve on it, would you?

So why do people bid - once only - at the starting price?

At least try a bid of £1, y'know?!

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