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A reasonable starting bid/presentation

Posted: Fri Mar 01, 2013 11:08 pm
by JPG
Well here is a refreshing example of how to sell on e-bay without unreachable expectations and with a proper description.

http://www.ebay.com/itm/Shopsmith-Mark-V-SN279188-Saw-Drill-Press-Lathe-Disc-Sander-Horizontal-Drill-/151005166523?pt=LH_DefaultDomain_0&hash=item23289bfbbb

Posted: Fri Mar 01, 2013 11:31 pm
by trainguytom
I almost always start my ebay auctions at $.99
The reason I do is that ebay is a huge marketplace & there's always enough interested buyers so that most items will seek their real selling value simply from willing buyer's interest.
Also the low opening price gets people started in the bidding process.
I'm always a little baffled by items that are listed with a ridiculous starting price & wonder if a seller figures they'll buffalo someone into paying up for something, or if they're just clueless about the value.

I think in the case of Shopsmiths, someone has a MK5 & sees what new or newer machines go for & don't know the differences in various vintages & figure they must have struck gold & expect gold in return.

I just picked up a Greenie with jointer & all the small pieces locally for $75.

I keep saying I'm not going to do that anymore & get more woodworking done, but it seems to keep happening anyway. It's probably is an incurable thing. On the plus side, it will be going into the hands of a younger, first time Shopsmith owner. Gotta keep the machines in circulation & newbies in the funnel.