Ebay Theory
Hey folks,
Ebay is a tricky beast ... you can look at auctions a couple of ways either to minimize risk as a seller or ebay costs.
If you start w/ a low price (you\'ll get the lowest ebay fees because the original listing fee is based on the starting price); however, you risk that the auction will not get to what you thinks it\'s worth. You could try a reserve price to cover yourself here, but that adds some additional fee cost AND, I think it scares away bidders because they don\'t know how many times they may have to bid to finally get the piece and in the end may invest themselves emotionally in the auction and never be able to get it.
Or, you can start w/ a high price which removes the risk and increases the fees (but only a couple dollars), but also probably reduces the number of folks willing to jump in the mix and bid ... so, you probably don\'t get the highest price you could because you don\'t get any \"bidding momentum.\"
In the end, I just hope to get a price that I feel fairly compensates me for the time and skill I put into a model and would rather go the \"safe\" route.
If I were as good as Matt or Jen, I could start them at 1 penny and get it to $400+ ... Did you see Matt\'s recent Emperor\'s Champion? Staring price 1 cent ... final price, $600!!!! I\'m not that confident in my abilities.
As to the piece in question, it\'s 14 figs w/ a pretty darn nice display ... @ 499 that\'s $30 per fig and $79 for the display. The figs alone cost ~$45 ... So, I think it\'s a pretty good deal, especially if you play LOTR.
talk w/ you all later,
jim