What does the asking price mean?

The asking price is the lowest offer you'll automatically accept for your entire inventory lot. Any bid above that price automatically becomes an order at the completion of the auction. If the winning bid does not meet your asking price, you'll have the option to accept or reject it. 

Since buyers on BoxFox also see your asking price, it has a direct affect on your auction. Lower asking prices encourage more buyers to compete for your inventory. 

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