Ebay selling help?Any help please?
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I am just new to selling on ebay but came up with an idea of selling clearance items that I could find for small profits of about 5 pounds each at least. Recently I have had a lot of succes by selling designer clothes.Half of what I got sold first go and I made about £70 worth however I still have the other half left. Half of that ended last nite and nothing sold to my amazement. I do a bit of search on ebay i.e. how much ppl are currently bidding on items and how much they have sold for. At the minute I dont know what the best way to sell is, the items that didnt sell were buy it now and lower than the average selling price. In some cases if I do a bidding auction I would start the bidding a couple of pounds more than I paid for it to make it as low as possible but then I would get little profits in return. However if I do a buy it now no one seems to buy or else I would make more profit. Whats the best way to sell on ebay? any help please would be great.
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Answer:
That really depends on the item. Some items I "KNOW" the value of, I can buy that Sony TV for some amount, and on Ebay, I would have to pay less than that. For clothing, the value is really much more about what would you pay, versus any real value, unless it is name brand, easily comparable clothing. A certain type of blue jeans for example. So some auctions will in fact do better if you set the opening price lower and let people bid it up. Or you can do both, setting an opening price, and a buy it now. And when the buy it now price is hit, you are done, but sometimes that leave money on the table. But this is the free market. And in the free market, there is always the risk that you paid too much for that dress, and nobody else is going to pay for you to profit from it just because you are selling it on ebay. You may also want to check out your competitors to see what wording they are using in their descriptions, the photo layouts and such. You want the most professional looking offer out there. Good luck!
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Other answers
That really depends on the item. Some items I "KNOW" the value of, I can buy that Sony TV for some amount, and on Ebay, I would have to pay less than that. For clothing, the value is really much more about what would you pay, versus any real value, unless it is name brand, easily comparable clothing. A certain type of blue jeans for example. So some auctions will in fact do better if you set the opening price lower and let people bid it up. Or you can do both, setting an opening price, and a buy it now. And when the buy it now price is hit, you are done, but sometimes that leave money on the table. But this is the free market. And in the free market, there is always the risk that you paid too much for that dress, and nobody else is going to pay for you to profit from it just because you are selling it on ebay. You may also want to check out your competitors to see what wording they are using in their descriptions, the photo layouts and such. You want the most professional looking offer out there. Good luck!
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