I always feel if you want to set a reserve on an item, then use that as your opening bid. Granted, if the price is set too high, you will get no bids, but then I suppose that means you are overvaluing the item, based upon what the current market will bear. I'll sometimes bid on an item with a reserve price if it really interests me, but it is not an auction I'll typically follow closely, for the reasons you cite.
----- Original Message ----- From: "Ken Archer" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Wednesday, January 30, 2002 10:51 AM Subject: Re: Some e-marketing thoughts > I, for one, usually don't bid on Reserve Auctions. That is an oxymoron > to me. In an auction, the seller puts an item up for bid and a > competition between bidders sets the price. It seems to me that you > are bidding against the seller in a Reserve Auction and really have no > idea if you will get the item or just waste your time. - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
