Re: Ebay Any One?
Using "reserve" instead of "minimum" is quite logical. It makes use of the auction psychology. Once someone is in it, going up another 25 cents is easy. Thats why an auction can often sell higher than a sale. A reserve can piss some people off and make them leave but it works better than a minimum.
People who wimp out by putting minimums (or to a lesser level, reserves) and then complain that they never did well on ebay are not doing their homework.
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