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| Nov. 21, 2009 | BROWSE |
Question: Is there is anywhere on the site that would list the minimum bid increments?
I was looking at 2 different auctions today and was deterred from bidding by high minimum bids. On one auction the current bid was $10, and when I looked at bidding, the minimum amount that I could bid was $15???? On another auction the current bid was $7 and the minimum amount that I could bid was $9. Are these site imposed amounts, or seller determined? Answer: Bid increments can be chosen as custom or standard...this is set on the auction listing page as follows: Bid Increment: (check Box) Use our built-in proportional increments table (Check Box) Enter your custom increment x.xx USD Choose whether you wish to use the proportional bidding increment system implemented on the site or if you wish to use a custom fixed bid increment value. the proportional bidding increments are as follows: 0.00 to 1.00 = $0.05 1.01 to 3.00 = $0.15 3.01 to 10.00 = $1.00 10.01 to 50.00 = $2.00 50.01 to 500.00 = $10.00 501.00 to 10,000 = $25.00 10,001 to 1,000,000 = $100.00 |
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