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Old 04-22-2008
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Default Using the "best offer" option

What's the best strategy to use when offering "best offer" if there is one? Anyone know?
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Old 04-22-2008
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If you're the seller, I think your best bet is to use a fixed price higher than what you're really looking for, and set up the best offer system to automatically accept offers around what you really want. This will make buyers think they're getting a bargain & pulling a good one on an unfortunate seller. But be realistic. I suggest allowing a best offer that is slightly below what competitors are asking. Also, I suggest automatically declining all offers below your minimum. Don't waste time with lowballers fishing for a bargain or a fool. I've sold several high end, high price software packages using best offer.
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Old 04-22-2008
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what he said.
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Old 04-22-2008
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Yep. Know exactly the value of your item, figure in your profits too. And of course forget the low bids, cut them off.
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Old 04-22-2008
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Ok that's what I figured. Just wanted everyone else's input on the subject. For the record I don't really have any competitors.
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Old 04-23-2008
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You are very, very lucky, in that case. It's a dog eat dog world in my area of expertise.
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