Ebay- Setting A Price Limit On An Item Already On Auction

[muchlovex]

I've listed an item at 99p. There is 1 person bidding and there are 24 watchers.

I would like to change the item to a price limit of say £15, so the bids are lower than that the item doesn't sell.

My Q is is, how to I now set this limit now that the item is at auction.

[needawin]

Too late when there is a bid

[penelope2]

You can't change it after a bid has been registered, still hopefully with 24 'watchers' the item might exceed your £15.00.

[Fusion5]

Like others have said, you can't change it once a bid has been placed, but you can End The Listing and start again. Or I know this is not ethical, but get a friend to bid on it to up the stakes.

[penelope2]

Fusion5, go to the naughty corner!!!! Seriously though if you follow that course of action, your friend might have to end up buying it and you will be charged commission etc.

[Hopkirk]

Fusion, the friend might win.

[grasscarp]

People usually leave it to nearly end to put their bids in. 24 watchers is showing a good amount of interest and the fact that they will most likely bid. If it were me I would just put this one down to experience and see what happens. I always put the starting price at whatever I will accept for it to be sold for, rather than a hidden reserve.

[Fusion5]

hee hee, I know, but there are ways around it, and if you don't want an item to go for 99p then it has to be done. ahem ! it happened to me last week, I made a big mistake of listing some camera equipment for 99p thinking I would be swamped with bids and even though I had 50 odd people watching but at 15mins to go still only 99p, so drastic action was taken. lol

[Old_Geezer]

I'd suspect that was against the eBay rules, not that they'll know because you won't .... oh, right.

[Kathyan]

I've had as many as 50 or 60 watchers and it still didn't sell!

[EDDIE51]

You will have to cancel the listing and then list it again with a reserve of £15. You can not change a listing once bidding has started.

[Mass_Hysteria]

If the item is worth £15 or more with a start of 99p. The person who has bid may have put a maximum of say £20 and this will go up in increments each time somebody else bids.

[LCDMAN]

You can't actually set a reserve price below £50; "If you don't want to sell your item below a certain price, specify a reserve price. The reserve price must be at least £50.";

http://sellercentre.ebay.co.uk/set-your-pricing

What you could have done is set a Buy-it-Now (BIN) price. Maybe end the auction, with the reason "item no longer available", then re-list but this time either with a start price at the minimum you will take, or start at 99p but set a BIN price at the minimum you will take HOWEVER be aware that as soon as someone bids then BIN price will disappear!!

What are you selling? If worth less then £50 then your options are pretty limited regarding fixing a minimum price I'm afraid, other than the BIN option

[LCDMAN]

Also read these - all the help you need is there on Ebay!;

http://sellercentre.ebay.co.uk/add-buy-it-now-price-auction

http://sellercentre.ebay.co.uk/add-reserve-price-auction