Here Are The First Three (3)
1) Low starting Price
Before you list your auction, ask yourself what's the lowest amount you'd be
prepared to accept for your item. A low starting price will attract more bids and
at a quicker pace - usually within the first day of the listings. Research shows
that a .99c starting price will get you bidders within a few hours. Many vehicles
and high value items are sold with a low starting price especially by
established Power Sellers - because unless it's an extremely poor week the
item will normally end up with hundreds of bids and at a cost that's acceptable
to the seller.
Additionally users are more likely to view auctions which already have a
successful bid as it generates interest in your item. It's like if you see a market
stall with hundreds of people standing around it - your curiosity would tell you
to stop and see what's generating interest. Use curiosity to your advantage.
2) No Reserve
Many sellers still place reserve prices on their item. A reserve price is one
which unless it is met by your sellers you are not obliged to sell the item. An
example would be if you have an reserve of $10, and your item sells for $9.00
you do not have to complete the sale & release the item. Reserve items,
although very occasionally may be necessary in the case of extremely high
value items or businesses for sale are off putting to bidders. Why would you
bid on an item with a reserve price on, unless you already knew were aware of
what the reserve was. Personally I'd look for alternative items without a
reserve price.
eBay has already removed the Reserve Price option from some of it's site in a
move that is largely welcome by the majority of users. It could be a sign that
this policy change will be extended to all of it's sites.
3) Images
An Image is worth a thousand words. Take photos of your item to clearly show
the condition of it, and any damage or unusual aspects of it. eBay allows you
to include one photo free of charge and if you use your own image hosting
service you can easily include as many photos as necessary to show your
item in a detailed manner.
Top 10 Secrets to Selling Successfully on eBay
Many Power Sellers use up to 20 photos for one single item. Ask yourself how
many are necessary for your item, and also consider using the gallery option
so the image will appear within the search listings.
Saturday, January 24, 2009
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