As a seller, you now might have the opportunity to start the bidding on your lots at 60% of the set reserve price in some cases. With the new feature, you can expect increased bidder involvement and high chances of selling your lot. Before we set up this feature, you could only choose to start the bidding from either €1 or from the reserve price.
Now, for lots where this feature is possible, if you set a reserve price of €300 for your lot and choose to start the bidding from 60% of the reserve price, the bidding starts at €180. This encourages more bidders to bid on your lot and the chances of selling the lot are high, since less bids have to be placed before the reserve price is met and your lot gets sold.