I know you have Keith and you didn't offend me. There are a lot of schools of thought regarding pricing and I don't claim to be an expert. In the end, of course you were correct. If I reduce my prices, I'm sure to get more bids. But it is a trade off right? It is the question that every business faces early on. Where do you set your profit margins. I try very hard to set mine in the middle. I don't want to give anything away but I also don't want to continue to relist week after week and never sell. I set my starting prices at levels I feel are in line with comparable auctions and my BIN prices may be a little higher for those people that don't want to wait and don't want to take the chance of someone else Buying it Now....
And of course eventually I get sick of the clutter and post a scanner full here for sale at face value.....
By the way, I ended up selling 9 with 2 more active bids making a minimum of 11 (42%) and maybe higher if I get a few more bids. Better than expected.
No harm done here my friend. Feel free to speak your mind in my presence. I don't offend easily.
Michael R-8404
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