Originally Posted by Slick

The biggest thing that sellers do on Ebay is start their bidding too damn high. I know for me, when I sell something that I know is gonna sell, I start it at .01, that way someone coming along will see it at a penny and make a smaller bid on it thinking they might get lucky, then someone else will come along and do the same thing and again and again. THEN after they're outbid, it's listed in their Ebay page where they'll be reminded of it, ha ha.

If you're trying to sell a $400 item and you start it at $349, nobody is gonna bid on it, but if you start it at a penny, it's gonna get a pile of bids and shoot up. I've learned that selling video game systems like the PS3, Wii, and Xbox 360 when they first came out.