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March 23, 2006
eBay "Best Offer" Adds Extra Features in Jewelry & Watches
Have you tried the "Best Offer" feature on eBay? It allows a buyer to make an offer for your merchandise and you have 48 hours to decline, accept or you can simply let the bid expire. If you accept, the offer becomes binding and all other bids are immediately dropped.
eBay is experimenting with features in the Jewelry & Watches category. Here are the enhancements:
1. Increased number of offers - buyers will be able to make up to 3 offers per item (increased from one), making it easier to come to an acceptable price
2. Counter-offer – sellers can respond directly to a Best Offer by either accepting the offer or making a counter-offer (in other categories, a seller cannot make a counter-offer).
3. Auto decline feature – sellers can set a minimum Best Offer price that they will consider. All offers below that price will be automatically declined.
I'm sure that if these changes work well these features will be added to other categories. If you're interested in the Best Offer option, here are the rules:
* Best Offer is available at no charge for sellers
* You must have a feedback rating of 10 or more (or be ID Verified) to accept Best Offers on listings
* To create a Best Offer listing with a quantity of two or more, you must have a feedback rating of 30 or more, and be a registered user for at least 14 days (or be ID Verified)
Posted by SydneyJohnston at March 23, 2006 2:21 PM
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