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Rincewind
05-07-2004, 08:24 AM
What is your take on this? (Extracted from the eBay FAQ on why they are removing reserves from most categories of auctions)

Why is eBay.com.au removing Reserves?

There is strong evidence that Reserves restrict the bidding activity on an item. eBay research has shown that sellers who don't use a Reserve on their listings experience a 34% higher sell-through rate than those sellers using Reserve.* This change is being implemented to help sellers be more successful selling on eBay.com.au.

* eBay Australia Data, August 2003

:D

Kevin Bonham
05-07-2004, 10:22 PM
By itself their argument is rubbish because while the non-reserve items may experience a higher sell-through rate, many of those sales could be at prices that the users of reserves would not have been willing to sell at anyway.

It would be more useful to look at a comparison of final prices with or without reserves for similar items.

Rincewind
06-07-2004, 01:00 AM
By itself their argument is rubbish because while the non-reserve items may experience a higher sell-through rate, many of those sales could be at prices that the users of reserves would not have been willing to sell at anyway.

It would be more useful to look at a comparison of final prices with or without reserves for similar items.

And here was I thinking, "Thank-you, thank-you, eBay. For saving me from the demon reserve!" :D Is it really possible to offer a consumer less choice and say you are improving the service?