DynamicDecor 10 Posted June 1, 2011 This subject probably has been covered here before - but if you'll bear with the new kid on the block, that would be appreciated. Which to choose - buy now or auction? What do you prefer and why? Share this post Link to post Share on other sites
JPBon 10 Posted June 1, 2011 It depends what you are selling, in my opinion. Selling on auction of highly desired items is ok but some items do not sell well on auction in my opinion. Share this post Link to post Share on other sites
babyface2 10 Posted June 1, 2011 i have tried the buy now option and it does not really work, auction is the answer Share this post Link to post Share on other sites
Wild Olive Art 11 Posted June 1, 2011 I have tried buy now and nobody buys. I have also listed paintings on auction with a " high" start price and not sold but a week later , when I list that same painting on R1 auctions , the bids go well above the price that the painting was originally listed at . It's crazy but there does seem to be a psychological element at play that when there is a low start bid , people automatically think they are getting a bargain , even if the price is high when they place a bid ! Of course there is the risk of people not bidding or the seller not getting what he had hoped for but I do find generally the auctioned goods sell better. Share this post Link to post Share on other sites
dominiquesonline 10 Posted June 1, 2011 I sell almost only as Buy Nows and have had great success. I sometime do a promotional auction or two, but 99% of my sales are Buy Nows. Share this post Link to post Share on other sites
DynamicDecor 10 Posted June 1, 2011 Thanks for the feedback. I'll have to try both & see what works for the product range Share this post Link to post Share on other sites
lilythepink 11 Posted June 2, 2011 If I want a set price for something, I will list it under buy now. But it seldom sells. Then if I put it on Crazy Wednesday and it invariably reaches the price I want, if not a little bit more. That's my experience anyway. Share this post Link to post Share on other sites
Seeds for Africa 18 Posted June 2, 2011 I really think it depends on the product type that you sell. My garden items sell equally on auction and buy now. Share this post Link to post Share on other sites
Lukeness 10 Posted June 2, 2011 Or you could just list with a higher starting price. Auctions are also a little safer for sellers in terms of the CPA. Share this post Link to post Share on other sites
lilythepink 11 Posted June 2, 2011 You might be interested to hear that an item (tap fitting) which I had on auction with a starting price of R100.00 didn't get one taker. So I listed it on Crazy Wednesday this week, starting at R1.00 and it's sold for R103.00. Okay, I paid R5.00 to list it on Crazy Wednesday but, what the heck, I got my price! So I still say Crazy Wednesdays are good for sales! Share this post Link to post Share on other sites
DynamicDecor 10 Posted June 3, 2011 Strange how buyers perceive things.. won't buy it outright for R 100 - but will bid to that price.. SMH Share this post Link to post Share on other sites
mellowred 10 Posted June 3, 2011 It can only be a psychological thing. Possibly seeing others bidding on an item makes one think it "must be worth that". Whereas when having to pay R100 outright, you only have your own judgement to go on. Share this post Link to post Share on other sites
lilythepink 11 Posted June 3, 2011 It's very strange but it has happened to me on several other occasions so it's worth bearing in mind that Crazy Wednesdays are pretty good for sales. Share this post Link to post Share on other sites