To auction, or not to auction?
disneyvillainlover
New DPF Member
- Messages
- 854
- Location
- Sacramento, CA
I'm inspiring you..?! Oh you!
If I could at this point, I would... Haha. I mean I'm happy with the PODMs that have been bidded! But I would DEFINITELY like to see some Tangled! heh..
Mostly I just hope people don't get discouraged with doing pin auctions, because they look like so much fun to be in and they are so much fun to watch. Soon as I get enough of a traders list going, I want to hop in. But I do understand it's a total gamble on the auctioneer's part, and that it might not feel like it's worth the risk.
I bid my little sister if you do auction off ursula, LOL she is great at holding your place in line at pin releases and for being able to purchase an extra set of pins if you need more then your allowed to buyhaha jk
Sadly, I would love to bid on your pins but I've been over your wants at least twice and have nothing to offer. I would bid except I wouldn't want to trade you a pin that you may have to accept that would not result in a fair trade.
I'm sure the Jessica as Ursula pin would spark a lot more auction activity though. I would LOOOOOVE to bid on the Jessica pin, but again, nada to offer. :cry: Don't give up hope! Those tangled and marquee pins will be yours someday!
Oh no I mean the Jessica one. Hold on to it for something awesome!
Really?! I haven't had any luck in bidding, but I'm sure eventually I'll get pins that'll suit others' wants.I have enjoyed the auctions much more as the auctioneer rather than the bidder, mostly because I suspect there is some "DPF shill bidding" going on in order to circumvent the no reserve rule. That has pretty much ruined my desire to bid on anything unless I know/trust the auctioneer.
Moe, this is AMAZING! Wow! Thank you SO much! I think having a minimal wants list (which I guess is really just a list of grails... ha) is what discourages people most. Welp, off I go to expand that list! Hah!I can weigh in here I think... I have a little bit of experience in having an auction or two and after a typical learning curve we have figured out a way to make it always work for us... Well almost always... So I will add my top tips on how to run a succesfull auction with little fear of failure...
1. Expand your Wants list... This is number one most important thing to do... A typical wants list is just that... The pins you want. If you want more offers then you should expand your wants to include several if not hundreds of pins that are not necessarily what you collect but helps people understand what you would accept as a pin you can use in the future...
2. Auction Times... Most of my auctions are no more than 2 - 3 days in length. This keeps your post in the minds of people since it only is listed for a couple days. Also the days you want to auction are typically on weekends since more members on active on the forum. Also my auction during the week end at 6:00pm PST so that the East Coast members can participate for the ending.
3. Universal Appeal... We have learned this lesson very quickly with big losses in items that were valuable but appeal to few members... If you put up a good pin that you know people want, you will never be lowballed... But you may not get pins you want, you will get the value out of the pin. If you take the risk with a pin that everyone wants (Pixar's Brave Pin) you will get a bidding war for sure...
4. Shipping Consideration... Do not put up items that have large shipping cost(Framed Sets, Heavy items, Box Sets)... Even if you do get a trade of the value of the item, in the long run you will lose with having to ship the item.
5. Reputation and Involvement... These are very important in my opinion... If you are an active member on the forum, that is honest and nice, you will have your threads looked at... If you are the opposite, then you will have people look past your threads to see who else is active on the forum... My extensive forum involvement has helped me develop a reputation that for some people draws them to my threads to see what I am doing next...
6. Quality and Feedback... We only trade pins that we are 99.9% confident are authentic, noboby can be perfect... We also work to try to keep good feedback from fellow traders... But what helped me develop a base of people who continue to view my auctions is I take risk with some pins that are very nice. After getting the fan base, we can auction off most items and even if they do not like it, they are going to take a look and see what it is...
7. Title Line... If you notice I rarely post the item in my title, I want them to click on and see what it is... The more views on it, the more others want to see why... Also instead of putting the word Bump in any auction of mine, What I often do is change the Title a bit, like ending soon, and then after I post a comment/leader... The word bump makes it look like the item has little interest...
Well I am not sure if any of that can help anyone, but that is what works for me and I have no complaints about the results of our auctions...
Wall-E is a loved character but limited traders who collect him...
As far as your reputation there is no question you guys are one of the best on here and your constant involvement shows traders that you are always around spreading the joy of this hobby...
I will never give up trading... I just need to vent frustrations now and then...
Amen!Pin trading and I share the same love/hate relationship... Pin trading, can't live with it, can't live without it... What's a guy to do :crazy:
To be honest I wouldn't mind if there was a limit of 1 auction per person at a time and a limit of 5 days per auction. I like having multiple auctions going at once, but I could live with 1. I've found that most people will either bid right away if they see something they really like or wait until the last 2 days to bid so they can size up the competition. I used to do week long auctions, but I think for my future auctions, 3-5 days will be enough.I wonder if there is a way to control or limit the number of active auctions? hmmmm.....
I guess while we are being constructive, I wouldn't mind if there was a reserve in the form of maybe a rule such as if no one bids any non-HM pins on the auctioneers' want list, then the auction can end without a winner. That way people can feel comfortable knowing they'll get at least something they like. I also think, since leaderboards are optional, that if people do post them they need to stand by them. If I'm not first on your leaderboard then I should be able to move on to another auction. People shouldn't be able to suddenly change their mind.
I personally have really enjoyed auctions and want to thank Goofy Moe for coming up with the idea.
7. Title Line... If you notice I rarely post the item in my title, I want them to click on and see what it is... The more views on it, the more others want to see why... Also instead of putting the word Bump in any auction of mine, What I often do is change the Title a bit, like ending soon, and then after I post a comment/leader... The word bump makes it look like the item has little interest...
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