Two sellers are trying to sell the same model of Super-8 Camera on ebay. The first seller sells their Super-8 Camera for $2.00. The second ebay seller looks up finished auctions and sees that the first sellers identical Super-8 Camera recently sold for $2.00, is it possible that the second seller will just throw away 8O the camera rather than list it?
Is a two dollar sale better than no sale?
If the second seller looks up finished auctions and, sees no other camera like their own, sees a camera like their own that sells for 2.00, sees a camera like their own that had a $9.99 starting bid but didn't sell, or finally, a $9.99 starting bid and DID sell, does it really affect what they do with the Super-8 Camera that they want to sell?
Minimum Selling Price for a Super-8 Camera on Ebay
Moderator: Andreas Wideroe
I don't think there is a "typical" seller on eBay. Sure, savvy sellers fall into a certain category but there are many subcategories within each...
I find that many European sellers really do their research when they list on the US eBay. Camera prices are generally higher and you see the usual higher quality cameras for sale, Canon, Bauer, Beaulieu, etc. US users drive up the price of these cameras sometimes about 10 times what they could sell it for in Europe. They know it, and they make a nice profit.
There are lots of sellers who sell all kinds of crap starting at 99 cents but it's the savvy buyers who drive up the price. Maybe a Bentley will sell for $2 but you won't find the same with a good quality brand. Prices are generally fairly consistent for the 814xls for instance. Sometimes you get a good deal (like yesterday, one went for $192, I think).
Demand is what drives prices for the most part, not what the starting price is in an auction.
If someone lists an item with a $2 starting bid and no reserve, then they obviously have no real expectations. If there is a misspelling or it's not listed correctly, even an good camera can go for cheap.
Just my random thoughts, not sure there's a point, only what I've observed on eBay.
I find that many European sellers really do their research when they list on the US eBay. Camera prices are generally higher and you see the usual higher quality cameras for sale, Canon, Bauer, Beaulieu, etc. US users drive up the price of these cameras sometimes about 10 times what they could sell it for in Europe. They know it, and they make a nice profit.
There are lots of sellers who sell all kinds of crap starting at 99 cents but it's the savvy buyers who drive up the price. Maybe a Bentley will sell for $2 but you won't find the same with a good quality brand. Prices are generally fairly consistent for the 814xls for instance. Sometimes you get a good deal (like yesterday, one went for $192, I think).
Demand is what drives prices for the most part, not what the starting price is in an auction.
If someone lists an item with a $2 starting bid and no reserve, then they obviously have no real expectations. If there is a misspelling or it's not listed correctly, even an good camera can go for cheap.
Just my random thoughts, not sure there's a point, only what I've observed on eBay.
My needs are few but very expensive.
Indeed - I recently bid on a nagra III - starting bid £0.99, no reserve. I thought I might get a bargain, but it went for over £200.... :?There are lots of sellers who sell all kinds of crap starting at 99 cents but it's the savvy buyers who drive up the price. Maybe a Bentley will sell for $2 but you won't find the same with a good quality brand.
what what
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Alex
When I bid on eBay I usually put in bids way below the true value of an item. I know most of the time I will lose, but just occasionally I will win and get a real bargain.
When I sell, I usually start with a low opening bid to attract bargain hunters but I also usually set a reasonable reserve unless it's something I am just getting rid of to save space.
To me, I am not trying to make a living on eBay so if I sell a camera and it goes for £80 then great - I've made a significant addition to that week's income...if the same camera goes for £10 then I've still got £10 more than I had before and somebody else has a bargain camera.
When I sell, I usually start with a low opening bid to attract bargain hunters but I also usually set a reasonable reserve unless it's something I am just getting rid of to save space.
To me, I am not trying to make a living on eBay so if I sell a camera and it goes for £80 then great - I've made a significant addition to that week's income...if the same camera goes for £10 then I've still got £10 more than I had before and somebody else has a bargain camera.
ebay
I recently bought a S8 camera for A$11.05 starting at A$3.00. The seller had listed it in the "other" section linked to "Cameras Movie". Another camera, same brand but slightly higer optioned in the "correct" section sold for A$400. I was blown away and couldn't get my payment and friendly email off to my seller quick enough!
So even these days hunting around ebay outside the square can still turn up bargains.
So even these days hunting around ebay outside the square can still turn up bargains.
It can be risky, but there are times when I have listed things I know are popular at a penny starting price, with no reserve. Every time, I have come away with a decent price. However, I will only do this for things where I know demand is high, where few others are for sale, and where I know enough about the item to list it correctly, describe it correctly and represent it well enough to appeal to likely buyers.
I've found that putting time and effort into writing good descriptions really pays off when selling. All the things that go for peanuts are sold by people who just say "I know nothing about this item, I'm not sure if it works or not" - no wonder they make tiny sales.
Lee
I've found that putting time and effort into writing good descriptions really pays off when selling. All the things that go for peanuts are sold by people who just say "I know nothing about this item, I'm not sure if it works or not" - no wonder they make tiny sales.
Lee
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Alex
That's how I got burned on an ebay sale once. The seller really did his homework and literally listed EVERYTHING the camera did and even some ridiculous things like the window on the door so one could view what film stock was in the camera!
All told he listed about 35 camera functions. The problem was four of the most important features did not work. His description led to the camera selling at 3 TIMES the normal sale price for the camera!
The further problem was the camera was so rare that I would lose no matter what I did. If I returned the camera another one might not come along for six months. The only real win for the situation was for him to lower the final sale price which he refused to do. I was hoping Ebay insurance would cover some of the cost but of course they refused.
I should have returned the camera but I hated the idea of such a worm pawning the camera off on someone else. He said he was going to have the camera fixed. I emailed and told him to fix the camera and send it to me but he wasn't willing to do that. Why? Because he planned on pawning it off on someone else without fixing it but with the same bogus description that got him so much money on the previous auction.
All told he listed about 35 camera functions. The problem was four of the most important features did not work. His description led to the camera selling at 3 TIMES the normal sale price for the camera!
The further problem was the camera was so rare that I would lose no matter what I did. If I returned the camera another one might not come along for six months. The only real win for the situation was for him to lower the final sale price which he refused to do. I was hoping Ebay insurance would cover some of the cost but of course they refused.
I should have returned the camera but I hated the idea of such a worm pawning the camera off on someone else. He said he was going to have the camera fixed. I emailed and told him to fix the camera and send it to me but he wasn't willing to do that. Why? Because he planned on pawning it off on someone else without fixing it but with the same bogus description that got him so much money on the previous auction.
But I'm scrupulously honest when I list things. I mention whether things work or not, and as a result, I've never had an unhappy buyer.
I'm very wary of people who sell using descriptions which consist purely of specs that have been pulled off the net. It clearly shows that they probably don't understand what they're posting, but are trying to hide their ignorance.
Lee
I'm very wary of people who sell using descriptions which consist purely of specs that have been pulled off the net. It clearly shows that they probably don't understand what they're posting, but are trying to hide their ignorance.
Lee