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Need Help FAST - setting opening bids...

14 years 6 months ago #153602 by dblstf
How do you set opening bids? We are having an auction on FRIDAY, and I've been told my minimum bids are too HIGH. I've set them no higher than 50% of ARV, and I'm sure I've valued the baskets very LOW (therefore the opening bids are low too). For example, we have a zoo membership that would normally cost $71. I have the opening bid @ $35. My feeling is that if people were to purchase these NORMALLY, they would pay much more than the 50% opening bid.
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