Buyers cannot "bid" less than the starting price but they can - if you set things correctly - make an "offer" of less [or more] you are not obliged to accept.
Personally I've never seen the point of "offers" on eBay. If you would take less why not start at a lower price?
I once used an offer of £15 on a table [collection] started at 99p [10 days] and the deal was done in 20 minutes!
If however you simply get a bid at your starting price then you are obliged to sell at that. Rather obviously then you need to start at what you would really accept. @ac_books