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 Replies: 10 / Views: 2,544 |
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Pillar of the Community
Canada
5255 Posts |
This may be old news, but it seems that about 90% of ebay listings are buy it now. Why have true auctions almost disappeared? |
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Pillar of the Community
 Canada
5404 Posts |
As an ebay Power seller I can give you a touch of our personal experience. You simply get more money when you BIN with your price and are patient. You can really get picked off if you do auctions. That game is over. |
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Valued Member
Australia
369 Posts |
 100% |
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Pillar of the Community
United States
7375 Posts |
also. Not sure if there is something driving the trend or not. Maybe folks these days are doing better financially, and have the time do do BINs. In more desperate times there might be more auctions  |
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Valued Member
United States
415 Posts |
Hey, Ill also add that ebay stores have changed in regards to the "free allotted listings" given to the sellers each month. For example, my Anchor store gets 2500 free listings... It used to be fixed price or auction. Now its only fixed price, with only 100 "free" auctions per month. |
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Pillar of the Community
United States
7641 Posts |
It is very easy to lose money when listing items in the auction only format and starting them at 99 cents.
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Valued Member
United States
415 Posts |
Its very easy to reduce your profit margin. However, if you buy at the right price, a .99 auction can be profit with one bid:)
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Pillar of the Community
United States
6370 Posts |
I tried the auction route for more-common stuff. Never again.
Now stuff that is more popular, I would consider putting up for auction, just to see where it will go.
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Pillar of the Community
 Canada
5255 Posts |
Your answers make quite a bit of sense.
Thanks!
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Pillar of the Community
United States
7840 Posts |
The ebay of old reminds me of when mtv first came out, they played music videos. Not anymore, for reasons mentioned prior. |
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Rest in Peace
United States
17900 Posts |
In US coins only, not counting world coins, ancient coins, tokens, or paper money - ONLY - US coins, there are 839,769 lots on ebay, of which 127,389 are auctions. It simply takes longer if you are waiting for a good deal on ANY coin. I use my entire 100 allotted searches and for particular coins in particular grades it may take as long as a couple of years for what I want to show up in an auction. However, since I have an extensive want list there are always more auctions available for what I want than I could ever afford. Yes, you almost always get a better price on an auction than a BIN or BO. Patience is the secret ingredient to finding the coins you want at prices you like. |
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Replies: 10 / Views: 2,544 |
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Posted 03/09/2016 7:08 pm
