Dutch Auction Pricing

The prices are in 3 tiers.

Tier 1:  On launch month the prices will be at the highest.

Tier 2: If the piece does not sell in its first month, then on the second month the price will be lower.

Tier 3: On the third month and it will be priced at its lowest rate for a month.

After this the item is removed from the auction pricing test and sold at our normal rates.

There is a blog post I wrote about this experiment and why I am doing it so. Read it here...