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 |  137864 | Jul 30, 2005 8:43am | | Discuss any tips or secrets of the trade here. |
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Sponsor |  BStabler | Oct 13, 2005 10:48am | here's a question that could use a tip or trick...
I've got an item with 7 watchers and 2 days left....straight auction, no Buy It Now and it is priced competetively. I'm offering free shipping to US bidder and my price is a buck or two lower than similar listings + their shipping costs. Do I drop the price a buck or two to get bid activity or offer a Buy It Now for a buck or two higher than opening bid to sell it or just sit and wait another day? |
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| | | 137864 | Nov 11, 2005 12:58pm | Offer a buy Buy-now and drop the starting price by a buck if you really want it sold.
With new items you can test the waters with an insanely high reserve but a low entry bid to see how much people will bid (approx).
Buy-Now is good, it can give the impression of the item having value and adds convenience (mcdonalds has this).
I sell things on online auctions professionally, but what works for me might not work for everyone.
Here's an interesting thing:
19.95 will get you far more bids than $20 |
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Sponsor | | BStabler | Dec 13, 2005 6:08am | | Ok, despite recent major problems on eBay, I've become a (tada!!) Powerseller. any other powersellers in here have some tips on how to use this status to my advantage? |
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Sponsor | | BytMiHrd | Jun 16, 2006 5:35pm | I've only been selling things maybe 2 months, and have made nearly 500.00 in sales. The thing is not so much how you sell, but what you sell.
My father works in Electrical work, specifically industrial, and he's a project manager (one step above a foreman). He brings home parts that have been sitting in the warehouse for months and aren't going to be used ever, and we get rid of them for a modest profit on Ebay.
Small circuit breakers worth nearly $175 a piece retail sell for usually about $15-30, the big ones ($1400) sell for $230-300. Other items sell for usually about 10-15% of their usual retail price, but then again, we're getting it free.
Other items have varying rates. The key is to check and see what they have been selling for first, and find the average (basic math). Then check and see what minimum bids are for similar items, and if you really want it to go, put your minimum bid about 5-10% slower (if an item's minimum bid is usually around 20, I put mine at 15-17.50 usually). I have friends that work for companies that do this (sell items on ebay) for a living, and this is EXACTLY how they do it, and they do it successfully. |
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|  Al-Mac | Jun 10, 2007 5:17pm | Hi I'm new to stumbleupon, but do have some tips & tricks for ebay that have worked for me.
1) Venido.com offers a free customer appreciation email that you can use to thank people for bidding and buying your product. They also offer a listing revision product at about $15 a month which is kind of neat. There are hundred's of different revision strategies on the site, but here is one that is popular. Run a seven day auction starting at $24.99, then if there are 0 bids with 48 hours left, lower the starting bid price by $1 every 8 hours.
2) Lower your insertion fees by being aware of breakpoints for insertion fees; .99, 9.99, 24.99 and 49.99. For instance if you want to start an item for $25.00 it would be a $1.60 insertion fee, but if you started it at $24.99 it would only be a .60 fee.
3) Ship the day an item is paid for or the very next day. Slow shipping is the number one cause of red negs!!!!
4) Get a nasty email. Wait a few hours before answering it. You'll give a level headed answer instead of a knee jerk reaction.
5) Auctiva.com provides a free listing and free photo hosting service. They also have great templates that you can use for free. You can put 10 photos in your listing and not pay an ebay photo fees! Oh, by the way I like it when things are free, but if it uses more of my time than some pay service, I would go with the pay service.
I have a bunch more to offer, but I hope you like these. My ebay id is easybayus.
Regards, Al-Mac. |
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EBay and Other Auctions → Discussion
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