New formula for reserve prices

Summer's in the air. This will be the 3rd Summer since we started Flipz.be in 2009. So we already know what that means: more people outside and less people before their computers. Last summer we introduced our reserve prices along with our unique bonus system after we had to ship yet another PS3 for €0.06 (really happened!).

With this year's summer in mind, we are slightly tuning this system. The reserve prices will be set using a more sophisticated curve. Many articles, mostly the cheaper ones, will see a lower reserve price. Where the most expensive items, especially those over €1000, will now get a much higher reserve price.

This will allow us to continue our business even when the sun is shining and the weather is so nice nobody wants to stay in. We can still offer our products on a daily basis like we do now. The serious players can still grab whatever they want. And because of the greater diversity in the reserve prices. More items will actually be sold, while other players will be able to create a bigger bonus.

After all, the next autumn will arrive sooner as we'd all like. And it's always nice to have lots of flipz ready by then... :)