Sunday 30 August 2009

Reserve Price Versus Start Price Bidding Confidence

E-Bay is an auction site! this may seem obvious but as someone who attends "real" auctions this is a point missed by many members. If you have items people want they will sell, if nobody wants your item it will not sell whatever the price.
Now to the point of this guide, why start an auction with a high start bid then have a hidden reserve price, this practice annoys me and I am sure a lot of other people as well. Remember I said it was an auction site in the above situation what usually happens is someone bids say

Orignal From: Reserve Price Versus Start Price Bidding Confidence

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