Sharon,

I do very few best offers, and accept fewer. 2 reasons

1) I feel most of my items are fairly priced in the first place.
2) Best offers include shipping. This could mean drastic reduction in over all net sale(and possibly loss) if you’re not careful.

If you already offer free shipping, keep in mind most best offers come in between 10 – 20% of your asking price (MY experience anyway). Is this a % that you are willing to reduce the price in order to get it out the door? Maybe, but remember, Bonanza has to be paid too. If so, why didn’t you price it 10 – 20% lower in the first place?

The items that I do accept best offers are items that have been around a while.

I hope this helps in some small way.

When the OBO options were changed, the ability to negotiate back and forth was dropped so to ensure that shipping was included, a sentence was added to the offer process for the buyer to include shipping in the offers. Bonanza does not included the shipping automatically in the OBO…

Unfortunately, many buyers miss that particular part of the OBO form and without the Negotiate option (you can only accept or deny the offer now), you will usually have to deny and ask the buyer to re-offer with the shipping included..which means a probable loss of the sale.

This is what the OBO screen looks like to the Buyer…..and the buyer has to add in the shipping/tax/handling charges…etc

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Even if the OBO is on, you can remove some of the items from OBO by unchecking the box at the bottom…once you uncheck the box, the instant offer box becomes inactive

see screenshot…..

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I do not get as many OBO in this booth as I did in the CindyBear booth, but in that booth, those who collected teddy bears would make large combined item purchases, so OBOs were very common…

Quote Once [URL removed] “Maybe, but remember, Bonanza has to be paid too. If so, why didn’t you price it 10 – 20% lower in the first place?”

I do not price at the lowest all the time (nor would I accept a best offer at the lowest) :) There is a window of price ranges for listings that have sold. Like on eBay, you can take the same listing and see that some have sold it on there for say $18 and then look further on down into their sold section and see where some have sold for $12.

I always look on eBay to see what items sell for, not just what they have them listed for.

Here are some reasons where OBO may come into [URL removed]

1.There will be times when I would like to move a few listings out of my booth. For example, if I have some sort of listing for whatever reason just does not get traffic to it. Or the listing lost in value from when I first got it.
2. There are times when there is a listing where not many products of it are available on the internet…sometimes sold listings from years ago and you cannot tell the price. This would help with that also.

Yes, I know I could go ahead and drop the price even more but there is also a mental thing of seeing OBO and the customer getting a deal.

Quote Once [URL removed] “2) Best offers include shipping. This could mean drastic reduction in over all net sale(and possibly loss) if you’re not careful.”

This is a very important point and could be a break it or make it on OBO here on Bonanza. Does Bonanza really include the shipping when the buyer makes the best offer? Bonanza does not just allow the shopper to do best offer on the item price only without having the shipping be a part of it?

Quote Once [URL removed] “The items that I do accept best offers are items that have been around a while.”

So Bonanza does allow individual listings to have OBO? As far as I saw, it was either none or all…like either check or uncheck the area for OBO under one of our Settings on Bonanza?

It would be nice if these OBOs could be set up individually since there are some listings that I would not want to drop the price to.

Thank you!!

Sharon

I have been selling on Ebay about 16 years, and I consider OBO a dead end.
Everyone and I mean everyone who wants the item then lowballs the sale price.
Then, your only options are to accept and be short changed, or say no- and then you have a buyer who has been rejected, and slightly soured with the experience which makes further interaction less likely.
Sell for the fair price you want, then lower it as you don’t have takers is the approach that has worked for me if you’re patient.

Bonanza has set all my imported items to OBO automatically, I’ll just shut down if I can’t turn them off. Still trying to figure out how.