eBay Selling - How to Price Your Items

I bet you, like many eBayer's don't realise theitem. And at the end of the auction you should not
importance of item pricing and some don't evenreceive any negative feedback or bad mouthing of
recognise the need for pricing at all, with eBay being anany sort. As I said for eBay selling set your price to the
auction site they think why bother, but as we all knowabsolute minimum where if you do have to sell your
an eBay auction is nothing like any ordinary offlineitem at that price you are not out of pocket, so keep in
auction, where they maybe 20/30 people in a roommind what you paid for it and what you think or know
waving their hand in the air indicating their bid. So in factit is worth.
one should spend a little time and effort on setting theWhich leads us to the buy it now price, which means if
right price for any item you may have for sale. As yousomeone thinks your item is worth what your buy it
may already know there are three prices of whichnow price is they can buy it there and then without
you can set when listing and item for eBay selling,having to wait until the end of the auction.
these are as follows, the [buy it now], the [reserve] andFor most eBay auctions this option can be used, and
the [starting price].should obviously be set to around the price for which
Out of the three, only the starting price is the one thatyou would be willing to sell your item for, again this is
is actually required for an eBay auction, the buy it nowcommon sense. This is also a great option if you are
and the reserve price are there for you to set if youselling more than one of the same product. When
so wish. When setting your starting price try tosetting your price you should also take into
remember this is an auction and the aim of yourconsideration the shipping cost because potential
starting price is to get people biding, so set abidder most certainly will as the buyer usually pays for
reasonably low price no matter what you think yourshipping.
item is actually worth. By starting low you should seeSo if you can keep your shipping cost down or better
people start bidding on your auction almost immediatelystill offer free shipping on your eBay selling item you will
and start pushing up the price to somewhere aroundhave more eBayer's bidding on your eBay auction.
the figure you wanted to start with. When a settingIf you can offer free shipping make sure you highlight
low starting bid price when eBay selling you shouldthe fact in your listing so potential buyer's can see that
always remember to set your reserve price thisit's free. One thing not to forget when pricing your
protects you from losing money on your sale.ebay auction items is the actual value of the item. In
Your reserve price should be the very minimum yousome markets your ebay selling item may sell for quite
will accept for your item if sold otherwise you'll be outa high price. But your selling yours on eBay, and you
of pocket, common sense really but I thought I bettermust not forget this as eBayer's are looking for
point it out anyway. If the item does not reach yourbargains. so research your similar items on eBay and
reserve price you will not be forced to sell at a belowsee what they're selling for, this way you can set your
reserve price unless of course you forget to set one.price accordingly. If you are selling an antique or a
So always check your listing before placing it. Basicallycollectible item if I were you I would have it
on eBay if you set a reserve price for $100 and theprofessionally valued before even thinking about listing
final bid is $95 you are under no obligation to sell yourit for eBay selling.