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Why do I get the feeling some utter moron killed a decent bin on this item only to have the ending price twice what the bin was (which happens 99% of the time?)
https://www.ebay.com/itm/334135107750?hash=item4dcc0120a6:g:rhEAAOSwB4VhL92Z-
If you do see a great BIN price, you better snatch the item, or else someone may bid on it and then the price goes up to whatever the market will pay.
I never do BIN's when I list an item, as I don't wanna pay their extra fee for that. I just start the item at 99 cents with no reserve. Does ebay let you do a BIN but let you keep the BIN even if someone bids less than the BIN price? At the point where the price hits the BIN, the item can then be instantly sold to the buyer who bid above the BIN?
I do set reserves on items sometimes, because I know that selling prices can vary greatly depending on who's looking at the item the week you have it listed. It may go for 1/5 its usual value one week while had you waited another week perhaps it would've been bid up to its usual value.
A huge ebay seller who has a pawn shop, what he does is just has his entire inventory listed with BIN prices -- reasonably priced -- not overpriced at some theoretical amount someone once got for the item. He has like 1,500 items listed. Each day he sells about 30-40 items which he boxes up and ships out. He's Craigslist Hunter on YouTube.