Over half of the print auctions on ebay are Buy-It-Nows.
Why won't people just let the market dictate a prints value?
The death of the auction?
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lepublicnme
- Giant
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Re: The death of the auction?
I think it is due to the economy which svcks these days, so sellers feel more comfortable with BIN because they know that they won't sell it for cheap !
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conartstudio
- Sergeant Politeness
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Re: The death of the auction?
this is nothing new. the death of ebay started at least a year or two ago when they started to shift from an auction site to a market retail site. first sellers were jacking up shipping costs to recover ebay fees (which kept going up) and when people stopped bidding on auctions with $30+ shipping fees the sellers just started to go with buy it nows. now a lot of listings on ebay are retailers how are using the ebay stores to sell merch instead of using it for auctions.mcostello wrote:Over half of the print auctions on ebay are Buy-It-Nows.
Why won't people just let the market dictate a prints value?
Re: The death of the auction?
Also, BIN listing fees have dropped substantially.fribhey wrote:this is nothing new. the death of ebay started at least a year or two ago when they started to shift from an auction site to a market retail site. first sellers were jacking up shipping costs to recover ebay fees (which kept going up) and when people stopped bidding on auctions with $30+ shipping fees the sellers just started to go with buy it nows. now a lot of listings on ebay are retailers how are using the ebay stores to sell merch instead of using it for auctions.mcostello wrote:Over half of the print auctions on ebay are Buy-It-Nows.
Why won't people just let the market dictate a prints value?
Check out my print collection. http://forum.thegiant.org/collection/others.php?u=1462" onclick="window.open(this.href);return false; or http://www.expressobeans.com/members/co ... p?id=12750" onclick="window.open(this.href);return false;
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DangerousBri
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With best offer it almost can turn into a reverse auction. You can still get offers to determine the real value but you aren't obligated to sell. It might have something to do with ebay being better at catching shill bidding on your own items too. Auctions work best for hot items. Nothing is really hot these days. Last Christmas people put BIN's for $500 on the Zep print but auctions went for $800-$1000 hurting those who did BIN's too early.