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So far I have always been using BIN with a min offer around half the value. (mostly Afternic btw)
However I've seen sellers that set a much lower min. For example:
My question is to you: Have you been using such much lower min offers, and what was your experience? Did it increase sales?
I rarely get negotiations at Afternic, most buyers hit the BIN (or nothing happens) and the ones aiming for a discount price are much fewer. Wonder if the 1/2 min offer might be causing this and if a lower min offer can increase sales while not jeopardizing BIN sales.
TIA
However I've seen sellers that set a much lower min. For example:
- $1995 BIN / $500 min
- or even $2995 BIN + $500min
My question is to you: Have you been using such much lower min offers, and what was your experience? Did it increase sales?
I rarely get negotiations at Afternic, most buyers hit the BIN (or nothing happens) and the ones aiming for a discount price are much fewer. Wonder if the 1/2 min offer might be causing this and if a lower min offer can increase sales while not jeopardizing BIN sales.
TIA
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