eBAY seller's question.
Mesquite
Posts: 4,075 ✭✭✭
I started up a few auctions this past weekend. One of the items had a $0.99 and a BIN. Someone bid, and the BIN disappeared. I now have a buyer asking what the BIN is. I'd like to have the BIN return to the auction page. How do I do that? Thanks.
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
–John Adams, 1826
–John Adams, 1826
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Using a BIN on a "no reserve" auction with a very low starting bid is a complete waste of money. Unless your BIN is set insanely low, someone will almost always quickly bid the minimum to take out your BIN.
–John Adams, 1826
Hoard the keys.
<< <i>How do they do it with bouth the buy it now and bid or can you not do that? >>
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--Jerry
<< <i>Actually I thought ebay made a change that the BIN stays until the end even after bids. I've seen that on many non-reserve auctions. Sounds like you're just late in ebay's implementation scheme. >>
That's a good start if so.
I think a BIN should remain available as long as the high bid is a certain amount below the BIN.
For example, if you have a coin with a BIN at $100 but start it with no reserve at one cent, you should be able to leave the BIN in place until the high bid hits (say) $75 or $80, at which point it would disappear.
The traditional eBay status quo makes a BIN a waste of money on a low-start, no-reserve auction.
<< <i>They have not made that change as far as I know. Why sacrifice profits to convenience sellers. >>
Because without sellers there *are* no profits?
Besides, I don't even think it's clear this would reduce profits.