How do you set a starting price?

technoflutemom

Registered Member
#1
Do you make your starting price the least amount you would be happy to get or do you set it low and hope for the best?
 

palefrost

Registered Member
#2
Depends on what it is. If i know its a valuable collectable and have researched it i start the bid on the least amount i would sell it for.

If i have no clue what i have i start it at a price that will cover all the fees of the auction. So around 5.00 last i checked. I wont sell anything below 5.00 because i dont feel i can make a profit.
 

Melos

Registered Member
#3
I always made it the lowest that would make me happy for the item. I could never gamble with a 99 cent auction if I really wanted $10.00 for the item.
 

karenlyn

Registered Member
#4
I do the same. You see a lot of seller gambling with a low starting price, and I always wonder if that method works for them. Braver souls than me, that's for sure.

Then again, a lot of the 99 cent asking price sellers charge 15$ shipping for a small item.
 

ninikins

Registered Member
#6
I prefer buy it now too and always make sure that its the lowest best price for me.