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If someone gives you a ridiculous offer do you have to respond?
Summary: musicyouneed raised a question about handling ridiculous offers on eBay listings, especially if they're not accepting offers. jbooter and ilikehockeyjerseys discussed the importance of considering market value and potential price adjustments, viewing lowball offers as marketing tools. reallynicestamps and zee-chan-jpn-books delved into using eBay's auto-accept/decline features, with zee-chan-jpn-books pointing out potential risks and solutions involving reviewing buyer feedback before deciding. hansatrade shared a strategy of evaluating offers and buyer history, rejecting or counteroffering based on past buyer behavior. The discussion included using mechanisms like ban-lists to handle unreasonable offers and the benefits of engaging with offers while maintaining firm pricing strategies.
If someone gives you a ridiculous offer do you have to respond? I didn't realize I have that on. I didn't have it on, can a buyer just send me an offer it I do not accept them or have it listed as accepting offers. I don't really want to respond. Have ended the listing and will be relisting it later as I had to update it anyways.
hansatrade
·2 years agoIt depends on the offer. I got a $75 offer for a $500 item. I did not accept, I did not reject, I did not counteroffer. I just added the buyer to my ban-list and did wait the offer to expire (less than 24 hours.)
Other day I got a $20 offer for a $30 dollar item. I did counteroffer for $25. The item sold. Before I counteroffer, I always CAREFULLY check the feedback the buyer left to other sellers. I recently refused a reasonable offer, because the buyer recently left several "item never received" negative feedback.
brettjet38
·2 years agoZOMBIE THREAD FROM 2020
reallynicestamps
·2 years agoWhay does anyone even see these lowball offers?
If you have a firm idea of the price you would be content with, set up parameters to reject any Offer below that.
The customer gets a polite notice from eBay that encourages them to try again. In my experience most do.
We can also set up an Accept parameter, so that decent offers get an immediate acceptance which encourages an Immediate Payment.
And the Accept/Reject can be a penny apart.
zee-chan-jpn-books
·2 years agoI don't set auto decline because I will go read the low baller's feedback left to others. If they left a ridiculous amount of negs to other sellers, I'll block them and let the offer sit till expiry.
reallynicestamps
·2 years ago@zee-chan-jpn-books- But if the offer is too low to accept, why bother to read the feedback?
The Reject parameter automatically refuses the offer. If the customer comes back with a more reasonable offer (eg Reject is $10 /Accept is $20 second offer is $15) then you can look at FB.
Basically the Reject/Accept allows the customer to haggle without bothering the seller with lowballs that would be rejected.
But the Message from eBay is polite and encouraging enough to keep them coming back.
ilikehockeyjerseys
·2 years agoIt is good to be proactive, but I think this is overkill.
As another post pointed out, you're not going to sell to them regardless because they are unlikely to make a fair offer.
At a certain point, for a large number of low priced transactions, you can't really weed out all the bad actors - but 99+ percent of buyers are good buyers with zero issues, so you reach a point where you have to weigh all the time wasted with scouting feedback over a lower priced item vs the actual odds of there being an issue that could have been avoided by viewing their feedback.
For an item above a certain price point, sure always look at the feedback.
ilikehockeyjerseys
·2 years agoPeople think that buyer engagement boosts your best match placement. Anecdotally, I think that it must be true based on what I have seen. So the way to look at lowball offers is that they are helping you market your item by boosting your placement.
The best way to handle it is to either turn on auto-accept/decline, because lowballers will usually shoot 5 quick low offers. Or, reply back with a reverse low ball. Example, they offer $5 on a $20 item, you offer back $19.
I find that low ballers are much easier to negotiate with. If someone offers me $15 on a $20, and I am happy with $15, I have to then choose whether the risk of them walking away is worth countering $17 or $18. I could counter $17 or $18, and they could change their mind. Where as, if someone offers me $5 on a $20 item, even if they come up to $15 by the third or fourth offer, it because extremely obvious that they really want the item so it's easier to take the risk and not give them your true "best price". They are much easier to read. As in, if someone has come up from asking for 75 percent off to being willing to accept only 25 percent off, they would probably buy the item at full price and just want to see what kind of deal they can get.
clemowbooks
·2 years agoZOMBIE THREAD FROM 2020
jbooter
·2 years agoI think it's importaant to remember that sometimes people are going to receive what they feel are "low ball offers" but in reality you may just have your listing priced far too high. I see that all the time in sports cards. Guy selling a non-rookie of Wayne Gretzky for over $2.5K, like come on!! Posts that have rediculous listing prices deserve low-bal offers. It's just part of the Ebay game.
ilikehockeyjerseys
·2 years agoThis is true to, it's why it is important to look things up if you have a stale item you receive an offer on. I have had low percentage offers that I have accepted because I realize that an item has been sitting for a while, and while it may have been a competitive price 6 months ago, there are now better offers.
But this goes both ways. There are genuine lowball offers and there are sellers who have items priced that aren't in line with market value.