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Help answer this question below.
E-bay 2nd chance is used when: 1) the item's reserved priced isn't met, 2) you have more than 1 of the same item for sale, or 3) the winning bidder didn't pay.
See e-bay's terms at: http://pages.ebay.com/help/sell/second_chance_offer.html
If the winner does not pay for the item you can offer it to the second highest bidder at the same price. That is the second chance offer.
bidders have a second chance to buy that item because the retailer has more than 1. Its a good way to get rid of stock.
I THINK it means if you have more of the same items, you can put them up there.
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