Do sellers use Make offer? or BIN by itself?

I tried selling a few things with BIN / Make Offer.  Put what I thought was

a 'fair' price, about 10% less than what it was 'trending' or had sold for.

But not one offer in a month!

 

On the other hand, I put a 'fair' price with BIN but no "Offer" button, the items get scooped!  

 

I'm thinking about the psychology of the buyer here...

if there is **no Offer button, the item could get scooped right away, so the buyer fears it wont be there if you hesitate  so they hit BIN.

If there is the Offer button, the listing has been there for some time, the buyer sees no offers, it is less likely they hit BIN, then it lingers.

 

Is this a nut theory? do sellers use "Offer" more than the good 'ol BIN by itself? what works better?

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Do sellers use Make offer? or BIN by itself?

Buy It Now is an option on Auctions.

Best Offer is an option on Fixed Price listings.

 

The BIN on an Auction is a good way to circumvent waiting for seven days to find out you lost to a last nano-second sniper. Even though the BIN is higher than the opening bid.

 

While BO is usually more open-ended*and allows the buyer to get a 'bargain'.

 

Now eBay recently changed this to allow Best Offers on Auctions, which is weird but....

 

Anyway-- are you talking about the 15% of listings that are Auctions  or the 85% that are Fixed Price?

 

*The seller can set an automatic refusal for Offers that are too low to bother with.

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