Yes, for bidders. It's a seller's tool only.
>From: "Mike Adams" <mikeadam@wcnet.net>
>To: datsun-roadsters@autox.team.net , fred_katz@ci.sf.ca.us ,
>ckrobertson@hotmail.com
>Subject: More e-bay ?'s
>Date: Fri, 03 Aug 2001 00:18:50 +0000
>
>Dr. Tyke, ( knew you'd like that one Chris)
> So an opening (minimum) bid on a No Reserve
>Item is a moot point - right ? I can't wait to try
>this new theory.
>Mike
>
>----------
> >From: "Chris Robertson" <ckrobertson@hotmail.com>
> >To: mikeadam@wcnet.net, Fred_Katz@ci.sf.ca.us,
>datsun-roadsters@autox.team.net, solex67@hotmail.com
> >Subject: Re: More eBay Questions
> >Date: 3, Aug , 4:08 AM
> >
>
> >You can set the starting bid at whatever price you want. I've started
> >auctions at a penny. This really seems to attract people, even when
>there
> >is a reserve price set. Just human nature, I guess.
> >
> >"No reserve" means that the item will sell as long as there is at least
>one
>
> >bid, regardless of the amount.
> >
> >Placing a reserve insures that if you are successful in selling the item,
> >you will get at least a certain amount. It also allows you to start bids
> >ridiculously low to attract bidders and not have to worry about letting
>it
> >go for nothing.
> >
> >Auctions tend to attract more bidders and attain higher bids if they
>start
> >out extremely low, have very detailed descriptions, good photographs, and
>of
> >course a seller with a history (positive feedback).
> >
> >In general, eBay is a seller's market. There are bargains to be had, but
>as
> >a buyer you are competing with a very large number people, many whom have
>no
> >realistic idea of the items' value. Not to mention those bidders out in
>the
> >middle of nowhere. Having a used widget delivered to their doorstep is
>
>[message truncated]
>
>
>
_________________________________________________________________
|