Ok, so you have decided you are going to sell an item in ebay be it a dvd, stamp collection or whatever. How should you go about getting the best possible price?
First of all you should do some research into what prices similar items have been fetching. You can use ebays completed listings tool to do this. This shows you what has been sold and at what price and is split down into product categories. This will give you a good guide as to what price you can expect to achieve.
The next important step is your opening price. You do not want to set a high opening price that will scare off bidders. It is far better to open with a low reserve and hope this 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 are more likely to receive a higher final price. To restrict the chance of the item going for a very low price you should set a reserve price if this 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...
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