Bidders that go crazy

[alero0]

I guess I should be happy with this situation but I sometimes wonder where peoples heads are. Do some people have more money that brains?
Here's what happened...I had an item for sale at a starting bid of $49.00 and Buy it Now $55.00. It sold for $102.50! I've sold hundreds of these for anywhere between $49. to $60.00. It's an item that I always have up for auction. There were 3 people bidding. One with a FB of 17 (who won). One with FB of 38 who bid up to $100. and the 3rd one, a newbie with 0 FB who was the smartest of them all ann stopped at $55.00. Although I feel that I sell a quality product I almost feel guilty letting someone bid up to twice its value. Do people just get caught up in the bidding game without thinking? This was 2 people thinking that this was the last set of speaker covers left on this earth. Don't buyers do just a little research on what they're bidding for? I know I would.
To answer the question that some of you might be asking...No I didn't send the $100. bidder a Second Chance Offer. I sent one to the $55.00 bidder. Call me crazy but I'd feel like I'd be taking candy from a baby.

Harvey

[alero0]

By the way I felt so bad that this guy bid so high that I gave him free shipping.

Harvey

[jenzaka]

Hi:
I know the first time this happens it always comes along with a great amount of "guilt". Just make sure you ship the item with tracking and insurance because there is a very good chance that your buyer is going to regret paying that much for it after he/she has a couple of days to think about it. They may try to file an "item not as described" or worse yet a chargeback.
I once sold a child's used dress (it had a bus pattern on it) for $50. I paid $2 for it at the local goodwill and only bought it because I figured it might be a great back to school item. I was hoping to get about $10 for it. My customer was very pleased with it and there were no regrets but I worried for a long time that there might be.
On the bright side, congrats on the great profits :) --

[funkywatch_com]

You should not feel bad about it!

Sometimes, what happens is that the item you sell may not be available to that person where they are. They really want it and they may be really happy to get it at whatever price they are willing to pay for it...

That's the beauty of eBay. It's a marketplace where items sell at market prices i.e. whatever price an individual is willing to pay for a specific item at a specific moment in time.

Sending the item with upgraded shipping (faster, insured, trackable, whatever) is an excellent idea. I do it to when situations like that occur.

Enjoy the profits, and send out the second chance offers!

Cheers,
eric

[auctionsalebargains]

Take the money and run........

[wsboyd]

This will be balanced out in the future by the inevitable Items that sell for way too little.

Feel no guilt.

[alero0]

Just a follow-up on my wild bidder...He received his package and left me positive FB.

Harvey

[montrealmaps]

I had a similar situation one year ago. I sold a "19.99" item for 260! I felt guilty, but I simply decided to pack the item "better" (with an extra tissue paper) and added another "19.99" map as a bonus. The buyer was absolutely delighted! Another situation like this (99 USD item sold for 450!)- the same solution, the same reaction. If an item is described correctly and the buyer decides to pay more - why should we feel guilty? 😉 "take the money and run", just like "auctionsalebargains" says .;-)

cheers,

Andrew