"lsmyer" wrote in message
...
When I sell a radio on eBay, I start the bidding at 1 cent with no
reserve. My auctions always do extremely well. I've sold many radios for
more than I paid for them. The reason it works is that people are greedy.
They smell a bargain and want a piece of what I have. By setting the
bidding low, more people can afford to participate in my auctions. When
you place a bid, you become an owner of that item. And once you become an
owner, then you start becoming protective of your property. That's when
bidding frenzies happen, and that's where I the seller make a lot of
money.

I suspect this will work most of the time, but on occasion (for whatever
reason), folks are not bidding (income tax time?) and an item sells for so
low, that it is virtually given away.

I suspect that is the reason some sellers have an outrageous shipping cost.
Man is that a put off for me. Caveat Emptor sez I.

CL