Minimum Selling Price
Set a reserve price to ensure your products are only sold when bidding reaches your desired minimum value.
How Minimum Selling Price Works
1
Merchant sets a reserve price of $15,000
2
Bidders compete normally throughout the auction
3
The highest bid reaches $12,000
4
Auction ends below the reserve price
Result
Product is not sold because the reserve price was not met
Key Benefits
Protect product value
Avoid underpriced sales
Encourage competitive bidding
Maintain pricing control