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Re: Forward Auction tips

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Reshma,  Reiterating what Sundar mentioned in a response to your previous post, competition is the key. If you are not getting many bidders actively participating in the events, I would suspect that they are nor very interested for some reason. It could be the product you are offering for sale, it could be the starting price, it could be the invited participants, lotting of the goods, and it can also be a matter of not giving them enough time to get ready for the event. Have you talked to the suppliers to ask them why they haven't been active bidders?  Do you have any evidence that they are very interested in participating?  A dutch auction my help, but would rather know some of the reasons they have not participated more.


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