What is meant by BIN?

Discussion in 'General Business' started by mrsohel_tex, Aug 24, 2009.

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  1. #1
    while selling or buying websites people offer BID & BIN?

    what does BIN is stand for?
     
    mrsohel_tex, Aug 24, 2009 IP
  2. Jorge05r

    Jorge05r Active Member

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    #2
    Buy It Now (BIN), It's a price you set for people who would prefer to BUY IT NOW instead of bidding.
     
    Jorge05r, Aug 24, 2009 IP
  3. Bohra

    Bohra Prominent Member

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    #3
    Yes BIN mean buy now price its means its a fixed price if a person is ready to buy at that price ull sell it
     
    Bohra, Aug 24, 2009 IP
  4. Izzl

    Izzl Banned

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    #4
    Yeah BID is like the lowest they'll except an offer for, BIN is the price they will sell it on the spot without an auction-like style.
     
    Izzl, Aug 24, 2009 IP
  5. mrsohel_tex

    mrsohel_tex Peon

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    #5
    Yeah, I got it.Thanks all
     
    mrsohel_tex, Aug 24, 2009 IP
  6. krzy

    krzy Member

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    #6
    =D I also was curious what BIN means.. Thanks to all.
     
    krzy, Aug 24, 2009 IP