| Selling stuff on eBay is a good way to make some | | | | product, the more buyers will be competing with each |
| extra money, but some people lose sales because of | | | | other to win the auction. This is a great technique to |
| the way they price their products. I see many listings | | | | use when you are selling popular products. In fact, by |
| for popular items that end with no sale simply because | | | | listing a product with the auction style listing and by |
| the item is priced too high. This is usually because | | | | pricing the product very low, sellers often get a higher |
| sellers don't do enough research before listing an item | | | | price than they expect. |
| and therefore don't know how to price their product. | | | | The downside to using this type of listing is if the item |
| There are many techniques for pricing products on | | | | isn't a popular one, you could end up practically giving |
| eBay, and one popular technique is using the auction | | | | the item away, or it could go for much lower than if it |
| style listing with a low starting price. | | | | had been sold through the Buy-it-Now listing. |
| Probably the most popular way to list an item on eBay | | | | Another disadvantage about using this technique is that |
| is the auction style listing with a low starting price. Many | | | | often buyers who get caught up in the bidding frenzy |
| sellers price items at 99 cents, and some even as low | | | | and win the auction often have buyer's remorse |
| as one penny. The strategy behind this technique is | | | | afterwards and disappear without paying for the item. |
| that it's such a great deal the listing will catch the | | | | If this happens to you, be sure and file a non-paying |
| attention of many buyers and get lots of exposure. | | | | buyer complaint with eBay in order to report the buyer |
| This is a great technique if your product is very popular | | | | and to get back your listing fee. Sellers must wait 7 |
| with buyers. In fact, items sold through auction style | | | | days before filing such a complaint. |
| listings often sell for more than the current retail price. | | | | This technique is a powerful way to sell hot products, |
| Part of the fun of buying on eBay is the thrill of actually | | | | and buyers love competing for low-priced items. If your |
| winning an auction. I've heard many newbie buyers | | | | product is not a really hot product on eBay, it's a good |
| complain that they can't seem to win an auction. Then | | | | idea to start the auction with the least amount you are |
| they become so anxious to win an auction they end | | | | willing to accept for it. But if your item is a really hot |
| up paying too much for the product. This is part of the | | | | product and you have performed research to know |
| psychology of buying on eBay. Once a buyer places a | | | | eBay buyers are competing to win auctions for your |
| bid on an item, he or she often becomes emotionally | | | | item, try listing it as an auction starting at a low price |
| involved and even become angry when another buyer | | | | such as 99 cents, and have fun watching buyers |
| comes along and outbids them. The more popular the | | | | clamor for it! |