Locked
Discussion interactions are currently paused.
reserve pice
I am not at all clear as to setting the reserve price.... Can anyone help here please? joan
13 comments
Locked
Discussion interactions are currently paused.
I am not at all clear as to setting the reserve price.... Can anyone help here please? joan
jckl1957
·6 months agoNot the question you have asked, but you should have a look at your current listing for a rug.
You say it's 'a used table and chairs' and you give the measurements as 8.8 x 2.3 metres, and then as 9 x 6 feet. Those are vastly different measurements.
danseusevivante
OP6 months agoOh my, I do appreciate your input re the rug here.
I have only just restarted trying to list items, but feel a bit inadequate with the
Process.
I will redo this.
The reserve price: is it good to use this? Should it be what you really want for the item?
Many thanks,
Joan
61stephenuk
Mentor6 months agoReserves are a waste of money, there's a 4% charge of the reserve even if the item doesn't sell just start the auction at the lowest price you will accept.
danseusevivante
OP6 months agoI am open to learning better methods of handling the listing process.
Joan
tressygirl
Mentor6 months agoTo add to the advice given, be aware f the following optional listing upgrades. They all come with a non refundable listing fee which is payable sale or no sale, and charged the second the item goes live.
Reserves as you can see, being the most expensive. As explained just list your auction items for the lowest amount you are happy to receive, it cannot sell for less, so in effect you are ' setting a reserve', but this costs you nothing.
Add any of the following optional listing upgrades, these all come with a non refundable listing fee.
Reserves: 4% of the set reserve ( maximum £150 per item)
Subtitles: £2
Listing in 2 categories: 35p
Gallery Plus: £2.50 ( free for clothes and shoes)
Listings with duration 1 - 3 days 35p
As a tip, before clicking on the final List Item With Displayed Fees button, glance just above it, it should read £0.00 Listing Fee.
If there is a fee amount listed there, you have selected an upgrade, and if you wish, it gives you time to scroll up and remove the payable upgrade.
@danseusevivante
danseusevivante
OP6 months agoHow do you all know this so adequately. I am reassured to have asked for assistance.
I will now start to review this platform in future.
Thanks much,
Joan
tressygirl
Mentor6 months ago🤗 You know where we are now, come back any time with any question big or small, always someone here happy to help you!
@danseusevivante
61stephenuk
Mentor6 months agoDon't bother with a reserve price it will cost you 4% of the reserve even if the item doesn't sell, best to start your listing at the minimum you want.