Buy-It Now must now be at least 30% greater than the auction start price.

drucecat
Community Member

I missed the announcement, but I am truly surprised. When did this take affect?

 

I haven't been listing much of late, as I'm waiting for a return of customers this fall (fingers crossed), but I do try to keep abreast of all of the changes in eBay policy.

 

Unfortunately, this will undoubtedly mean a decrease in my meager sales overall. I am not going to decrease my starting prices, so the Buy-It Now will be higher in general than they would have been. If, I'm not alone in taking this course of action, how does this help to drive customers to eBay?

 

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Buy-It Now must now be at least 30% greater than the auction start price.

This has been in place for well over a year. Too many sellers doing auctions with a BIN at the first bid increment. I have seen car auction, on dot ca, with the BIN price PENNIES over the start price. As is usually the case, too many people trying to "game" the system.

 

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Buy-It Now must now be at least 30% greater than the auction start price.

Thanks for the reply Mr. E.

 

I"m surprised that I haven't had a listing rejected before today for the 30% reason. I attempted to relist some items, with a lower Buy-It Now price, in order to get a few more sales. My BIN price was still more than 20% higher than my auction price.

 

I don't often list expensive items, but in the past I had an auction for some computer speakers that I started at $399 and did a $499 BIN. They sold with a BIN. Today, I couldn't do this, although a $100 difference between the start price and the BIN seems fairly significant. I understand the reasoning behind the +10%, but +30% seems like a lot.

 

 

 

 

 

 

 

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Buy-It Now must now be at least 30% greater than the auction start price.


@drucecat wrote:

 

I understand the reasoning behind the +10%, but +30% seems like a lot. 

 


I agree.  20% would be more reasonable ..... and more workable.

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