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#363176 Mon Oct 15 2012 03:04 PM
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So how does this work?
I bid on it, it still shows a buy it now price but it does not say reserve not met or anything with my bid?

http://www.ebay.com/itm/130784592148?ssPageName=STRK:MEBIDX:IT&_trksid=p3984.m1426.l2649


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Wes Maxwell #363182 Mon Oct 15 2012 03:17 PM
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I've had that happen before.

Not sure why it doesn't show a reserve, looks like it was listed with a best offer previously.

You can ask the seller what the reserve is on the piece.




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Wes Maxwell #363183 Mon Oct 15 2012 03:19 PM
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If you bid more than .99; then there is a reserve on the item; it's just not showing you that.....can't explain why other then a problem with Ebay's site.


Buying: Polarine / Red Crown Gasoline Globes and Signs, Early Chevrolet & United Motors Signs, and 1910's through 1940's Gas & Oil Signs.
1937 GMC #363244 Mon Oct 15 2012 05:40 PM
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That item has no reserve, not sure why you think it ought to. It's a straight auction with a buy-it-now option.

buy it now just gives people the option of buying it outright rather than waiting to see how high it goes, most experienced Ebay sellers do not use this combo, but you do see it quite often on automotive parts because people tend to just want to buy them outright.

1937 GMC #363245 Mon Oct 15 2012 05:44 PM
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Its called "Longer lasting Buy it now" I know a genius name! haha
I guess ebay is testing new stuff out they say it will make an item go for more money in the end. Only in certain categories though not sure which ones exactly.. Feebay Always out for the buck!


Always buying and selling Neon Dealer signs pumps air meters
www.porcelainneonsigns.com
Mantiquers #363252 Mon Oct 15 2012 05:52 PM
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Sorry after reading what i just wrote it kinda may not make sense.
As Dave is saying that its an auction with a BIN option he is correct. Usually though the BIN drops immediately after you bid on the item(makes no sense to start and item at .99 with a BIN @ $100)
Unless of course you get the immediate sale for $100 which rarely happens.

In my experience the best BIN situation is 10%-15% over what you start the item at which actually entices the buyer to BIN without waiting and saving a few bucks.

So with all said and done thats where the "Longer lasting BIN" takes over. The BIN may drop when the bidding gets higher or it may be up there until the end. Ebay is getting weird...


Always buying and selling Neon Dealer signs pumps air meters
www.porcelainneonsigns.com
Mantiquers #363253 Mon Oct 15 2012 05:56 PM
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Also Check this out
Ebay may be changing even more in the next year

http://www.ecommercebytes.com/C/blog/blog.pl?%2Fpl%2F2012%2F10%2F1350267935.html


Always buying and selling Neon Dealer signs pumps air meters
www.porcelainneonsigns.com

Moderated by  Oldgas, Ryan Underthun 

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