Auction or BIN.

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  • mainlypostcards

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    • Created on Feb 20, 2011 at 11:19 AM
    • #321567
    You may want to have a read through this thread: Link (http)

    Different people have different views.
    Personally, I prefer auction format, but I start my cards at a price that I am happy to receive for them and if I get multiple bids, it's a bonus.
  • moonstone

    1015 messages

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    You may want to have a read through this thread: Link (http)

    Different people have different views.
    Personally, I prefer auction format, but I start my cards at a price that I am happy to receive for them and if I get multiple bids, it's a bonus.
    • Created on Feb 20, 2011 at 11:48 AM
    • #321576
    I agree with you about different views, though sometimes these are a product of circumstance rather than choice.

    I think BIN is great if you are a PRO seller who presumably is spending most of their time on the site, or in some cases have staff, and can respond quickly to customers purchases.

    For what I suspect is the majority, selling is very much a part time matter and although I have no problem whatsoever with BIN, selling by auction does make life a lot easier, as you can plan when items are going to finish - at a day and time that suits you and means again that the customer get fast service, although I do understand the argument that a customer can get frustrated if they make a bid on a lot and only get it perhaps almost a week later with no other bids.
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    I agree with you about different views, though sometimes these are a product of circumstance rather than choice.

    I think BIN is great if you are a PRO seller who presumably is spending most of their time on the site, or in some cases have staff, and can respond quickly to customers purchases.

    For what I suspect is the majority, selling is very much a part time matter and although I have no problem whatsoever with BIN, selling by auction does make life a lot easier, as you can plan when items are going to finish - at a day and time that suits you and means again that the customer get fast service, although I do understand the argument that a customer can get frustrated if they make a bid on a lot and only get it perhaps almost a week later with no other bids.
    • Created on Feb 20, 2011 at 12:26 PM
    • #321581
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    I agree with you about different views, though sometimes these are a product of circumstance rather than choice.

    I think BIN is great if you are a PRO seller who presumably is spending most of their time on the site, or in some cases have staff, and can respond quickly to customers purchases.

    For what I suspect is the majority, selling is very much a part time matter and although I have no problem whatsoever with BIN, selling by auction does make life a lot easier, as you can plan when items are going to finish - at a day and time that suits you and means again that the customer get fast service, although I do understand the argument that a customer can get frustrated if they make a bid on a lot and only get it perhaps almost a week later with no other bids.
    • Created on Feb 20, 2011 at 12:26 PM
    • #321581
    This information is no longer available because the user’s account has been deleted (GDPR)
  • mainlypostcards

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    • Created on Feb 20, 2011 at 1:50 PM
    • #321601
    The good thing about Delcampe is the "lower offer" system. OK, for newly listed items, buyers will have to wait for up to a week, but once the item has been listed for a month buyer's can put in a lower offer and I have had quite a few where the offer is just 1p lower than my asking price or a group offer for just 1p less - possibly those customers who do not want to wait!

    I agree with you, every now and again I still sell those early cards, but I am slowly removing my oldest cards, partially because I don't want my total number of listings to increase too much more - I am starting to have a storage problem.
  • xtf70

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    • Created on Feb 20, 2011 at 11:19 AM
    • #321567
    For items with a discrete catalogue value, e.g. stamps and the like, I will start straight away with BIN except in the case of high-value items or subjective things such as postal stationery, philatelic mailing and the like where it's hard to put a definite 'price' on

    If nothing has happened after a week or so I then change it to BIN and move on to something else

    For postcards I always use auction format with a low bid increment; eventually unsold cards will work their way down to the bargain basement (£1) or find their own level of worth
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    For items with a discrete catalogue value, e.g. stamps and the like, I will start straight away with BIN except in the case of high-value items or subjective things such as postal stationery, philatelic mailing and the like where it's hard to put a definite 'price' on

    If nothing has happened after a week or so I then change it to BIN and move on to something else

    For postcards I always use auction format with a low bid increment; eventually unsold cards will work their way down to the bargain basement (£1) or find their own level of worth
    • Created on Feb 20, 2011 at 4:11 PM
    • #321614
    This information is no longer available because the user’s account has been deleted (GDPR)
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    The good thing about Delcampe is the "lower offer" system. OK, for newly listed items, buyers will have to wait for up to a week, but once the item has been listed for a month buyer's can put in a lower offer and I have had quite a few where the offer is just 1p lower than my asking price or a group offer for just 1p less - possibly those customers who do not want to wait!

    I agree with you, every now and again I still sell those early cards, but I am slowly removing my oldest cards, partially because I don't want my total number of listings to increase too much more - I am starting to have a storage problem.
    • Created on Feb 20, 2011 at 2:19 PM
    • #321605
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  • moonstone

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    • Created on Feb 20, 2011 at 5:57 PM
    • #321620
    I'm with Somersethedge on the question of multibids - I'm normally happy to give a small discount on an item with a lower bid (amount varies depending on how long the material has been listed), although I like to think I price reasonably in the market, but can't understand why this isn't possible on multibids - surely if it's possible to make a counter offer on one item (as you say, a bit of a pain but can be rewarding), why can't it be done on a multibid, after all, it's the overall total you either accept or don't.

    It can seem, I reckon, a bit curt, to just totally write off an offer, particularly if you can see that a counter offer of 'half the difference' would be acceptable to you and normally I find you never hear from the potential buyer again, although like Somersethedge you do get a few trying it on - i had an offer of £1 once on an item listed at £20 (and that price reduced to move longer standing stock), but such is life!!!

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