9 Apr
2014
9 Apr
'14
10:24 a.m.
On 8 April 2014 20:41, Seth Morabito <lists at loomcom.com> wrote:
Why so little in the UK?
One of the things that determine price is the number of bidders. I
know... obvious.
But setting the price at 1p would not work if 1) there were not at least
two bidders who wanted it, and 2) those two bidders were looking for
these items during the time period that an item is listed.
I normally set a minimum price at what I would be willing to sell at
with a BIN at what I want :). And those two prices have normally been
well researched before listing.
For example, 360K floppy drives are currently selling (in the US)
between about $8 and $100.00. The difference? Brand name, condition, the
number of bidders, and if the seller has a clue on how to list.