What's the logic behind hiding the reserve?

apis mellifera · 02-25-2009, 08:52 PM

What does it matter if no one bids on your $300 opener versus 20 people bidding it up to $150 and it not making reserve? I don't see the difference other than maybe losing repeat bidders when the item is relisted over and over.

I also don't bid on reserve items. If it's something I really want possibly, but I bid my max (which is usually below the reserve) and move on. Not that I would get caught up in a bidding frenzy by a reserve item that starts at $0.25, but I don't like that assumption, which is basically what the reserve supporters are suggesting/hoping for. I also don't use reserves as a seller. If I can't afford to start an item at a price that will get bids, then I don't take the risk of auctioning it; I use the classifieds.

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02-25-2009, 08:52 PM	#24
apis mellifera User Join Date: Jan 2007 Location: WV Posts: 149 Thanks: 3 Thanked 24 Times in 8 Posts	What does it matter if no one bids on your $300 opener versus 20 people bidding it up to $150 and it not making reserve? I don't see the difference other than maybe losing repeat bidders when the item is relisted over and over. I also don't bid on reserve items. If it's something I really want possibly, but I bid my max (which is usually below the reserve) and move on. Not that I would get caught up in a bidding frenzy by a reserve item that starts at $0.25, but I don't like that assumption, which is basically what the reserve supporters are suggesting/hoping for. I also don't use reserves as a seller. If I can't afford to start an item at a price that will get bids, then I don't take the risk of auctioning it; I use the classifieds.