Free Selling on General Items Listed with a $1 Reserve @ Trade Me

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• 

  forged on 10/04/2024 - 16:44

  +1

  What does a $1 reserve mean? would your item still be eligible if you only have a buy now price?

  • 

    kiwijunglist on 10/04/2024 - 17:05

    +1

    You can list an item for $1 reserve with a buy now much higher, this would be eligible, however if someone bids $1 then the buy now option will disappear.

    Every trademe listing has a reserve [+/- start price] [+/- buy now]. You can't list an item without a reserve.

    $1 reserve means you are prepared to sell the item for $1 if someone bids $1 and no more.

  • pdevonporf on 10/04/2024 - 17:28 Comment score below threshold.
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  Senior Mouse on 10/04/2024 - 17:28

  +2

  The only problem with $1 reserve free days is that as a seller, the market is likely going to be swamped with a lot of competition at $1 starting.
  Therefore, it's much better being a buyer/reseller during the $1 reserve sales so you can stock up your inventory for the weeks after.

  • 

    chep on 10/04/2024 - 20:57

    I've noticed my listings sell for a bit less when listed on these days, probably more then 7% less (TradeMe's fees).

  • 

    samamatara on 11/04/2024 - 08:35

    In theory I thought this too but in reality i've found that it just depends on the item and how much demand it has.
    If I listed something at $200 and it had maybe 20 watchlists but didn't sell, I can expect to sell it at at around $200 if I list it at $1.
    If it's not a re-list, its harder to predict the demand I guess

• 

  wowbigdeal on 10/04/2024 - 20:05

  +2

  Keep an eye out for 30 keyboards all set at $1.00 reserve.

  • 

    MattNZ on 10/04/2024 - 20:53

    Good! I need a new one after cleaning mine so well the enter key broke…

  • 

    The Hound on 10/04/2024 - 21:06

    +1

    will be great if all 30 sell for $5 each 😂