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Reply to "Ebay Selling Strategies..."

quote:
Originally posted by kbalona:
3. Start your listings at .99. (Most of the time). I've found out that items get better exposure & thus sell better at a lower starting price. Plus it lowers your eBay fees.

I think it's important to note that it only makes sense to start at $.99 if you're reasonably sure that the item will get a lot of hits (IMO). My advice would be only to list items that historically get a lot of bidders for $.99.

For example, if I've got an item that I believe is worth $100, but has relatively narrow appeal, there's no way in hell that I'll start it at $.99. In theory, it could get hit by only a few potential buyers, only one of them that is willing to bid it up very high. That buyer might get it for $20, when he would have been willing to pay $100 for it. In a case such as this, I'd list as BIN for $100, or an auction with a starting price that's near my desired selling point.
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