How to keep 'Buy it Now' after the first bid?

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My 'Buy it Now' gone right after the first bid. I am wondering how can I keep it? First time eBay seller, Thanks for any input.

you cant get it back once a bid comes in....

at least I dont think so.

You have to set a reserve. Personally I wish you could set up the auction to leave BIN right up to end of auction, without using a reserve price.

If you do not set a reserve, the the BIN option is gone after the first bid is placed. If you do set a reserve, then the BIN option remains until the reserve is met, and then it disappears.

-TL

Thank you for all your inputs!

Yo Ma-Ma said: [Q]You have to set a reserve. Personally I wish you could set up the auction to leave BIN right up to end of auction, without using a reserve price.

Sometimes I feel this way too, but actually I have done better on 4 of the last 5 items where I had a buy-it-now. 4 of the items sold for more than my buy-it-now. Bidders are crazy - they could have had another comparable item for less from someone else with a buy-it-now in most cases but since it seems like most people don't compare auctions too closely and get carried away it generally works out.

This is also something I asked a month ago. Using reserve made me lose money as people usually don't want to bid reserve item (you lose your reserve fee if item does not sell). I ended up setting a high starting bid, usually my breakeven price, and the BIN price just about 10% above it. This proves to work better for me, but YMMV.

Tinker2Evers2Chance said: [Q]Yo Ma-Ma said: [Q]You have to set a reserve. Personally I wish you could set up the auction to leave BIN right up to end of auction, without using a reserve price.

Sometimes I feel this way too, but actually I have done better on 4 of the last 5 items where I had a buy-it-now. 4 of the items sold for more than my buy-it-now. Bidders are crazy - they could have had another comparable item for less from someone else with a buy-it-now in most cases but since it seems like most people don't compare auctions too closely and get carried away it generally works out.

One option is to just list it as a fixed price auction.

Is there a good rationale why BIN goes away after a bid? And no, I don't want to use reserve because it drives away buyers and costs money on listing fees.

It doesn't make sense to me. I am selling an item, so effectively I am saying "I'll start the auction at $20 but if you are willing to pay a $100, the item is yours". Somebody comes in and says "OK, I'll give you $20 for it". How does that remove the original intent to sell item for $100? If someone else comes along and is willing to pay a $100, they should be able to get the item regardless of the $20 bidder.

fwiffo said: [Q]Is there a good rationale why BIN goes away after a bid? And no, I don't want to use reserve because it drives away buyers and costs money on listing fees.

It doesn't make sense to me. I am selling an item, so effectively I am saying "I'll start the auction at $20 but if you are willing to pay a $100, the item is yours". Somebody comes in and says "OK, I'll give you $20 for it". How does that remove the original intent to sell item for $100? If someone else comes along and is willing to pay a $100, they should be able to get the item regardless of the $20 bidder.

try putting a reserve.

I really wish eBay would allow the Buy It Now to stay after the first bid, even if it is lower then the actual auction might be bid up to. Its nice when you get your money early, <img src="i/expressions/face-icon-small-smile.gif" border=0>!



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