Tips For Selling On Ebay
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The article "Tips For Selling On Ebay" talks about auctions, it has been written by Adrian Soden.
Ok, so you have decided you're going to sell an item in ebay be it a dvd, stamp collectoin or whatever. How should you go about getting the best possible cost?
First of all you should do research into what prices similar items have been fetching. You can use ebay’s ‘completed listings’ tool to do that.
This shows you what has been sold and at what cost and is split down into product categories. This will give you a good guide as to what cost you can expect to achieve.
The next imporatnt step is your opening cost. You do not want to set a high opening cost that will sacre off bidders.
It is far better to open with a low reserve and hope that attracts several bidders. It is a fact that people are drawn to items with bids on them already.
Having several bidders can lead to competitive bidding and you're more likely to rceeive a higher final cost. To restrict the chance of the item going for a really low cost you should set a reserve cost – if that is not reached then the item will not be sold.
Consider using a ‘buy it now’. Some bidders do not like to wait until the end of an auction and would rather ‘impulse buy’ in the knowledge they have won the auction.
Ohter bidders like the thrill of the auction.
If you have more than one of the product it may be worth considreing selling one item on a buy it now and one as a normal bidding auction – that will cover you both ways.
Having a good description and photo is really important. I have seen countless unsold itmes where the product was probably really good but a terrible photo make it look awful. If appropriate, use a scanner for eg stamps, but for larger items take photos using a digital camera and keep taking pictures until you get a good photo. A good photo is worth a 1000 words! Bidders are instinctively drawn towadrs items with photos and away from those without.
Give as much ifnormation as you can as to condition, age, manufacturer, model number etc. If you were selling a tv for example, tell the viweer that it is a Phillips 32” flat screen tv model number P2350, two years old put in marvellous working order.
Finally, make sure you give all the details for post and pcakaging. I’ve been caught before when buying a small item where I thought the postage would be pennies; the seller didn’t disclose the postage cost until after the auction and I had a nasty shock. I’m not the only person that has happened to so make sure you disclose your postage and packnig charges or you may lose potential bidders.
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Tips For Selling On Ebay
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