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+--- Thread: Should I do BIN or Bid on Ebay? (/thread-128427.html)
Should I do BIN or Bid on Ebay? - Brad - 04-08-2014 04:47 AM
What should I do if I'm selling a lot of the same item? Also is it a good idea to use the second chance option?
Thanks in advance!!
- Marvinator - 04-08-2014 04:48 AM
A dutch auction will allow you to list several identical items at one time, allowing winners to set the selling price. A BID auction does the same thing for one item.
it is possible to set a BID type auction with a BIN (Buy it now) for those who want to pay your expected price. Note that setting a BIN at teh same time as a BID means that if ONE PERSON bids, they will cancel ANY possible BINS. This is why you want to set a reserve, or at least start any auction at a level that will be good even if the auction gets only one bid.
Feel free to write me direct marvinator2003 at yahoo.com.