Quote:
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.
|
By doing that you may run the risk of expensive items getting snatched for peanuts I would think. I don't have a ton of experience selling items on ebay but I actually set my video camera & photo gear at pretty high prices ($500 & $850 minimums for the two most expensive items) and I got bids on day two out of seven, and one of those has already been bid up by $10. With 13-15 watchers I hope that the items get bid up higher in the last 20 or so hours remaining.