I have always found that best offers work for an eBay business as long as you are dedicated (or automated).
If you choose to take advantage of best offers always price your item with a view to negotiate. If the asking price is final, don’t spend time haggling and constantly declining customers. Don’t accept best offers on that item.
Managed best offers has increased my cleints GMS by £10K a month (over two months), and a welcome side effect is that some items sell at the slightly higher price initiated for taking advantage of best offers.
Its a win win situation….most of the time.
Occasionally you will get buyers constantly offering very low prices and refusing to believe you shouldn’t take the stupidly low offer. Normally I find if I have declined a £4 offer for a £24.99 item, on it’s last day the same or lower offer is made. Frustrating one offs aside, using and planning for best offers will increase your eBay sales, but you need to be dedicated and consistant.
