I have listed my last 4 or 5 auctions with a 50 cent starting bid and though one of them did sell for what I expected, the others didn't fair so well.
I know ebay sellers have seen a drop in sales due to their changes and the best match feature among other things probably is contributing too.
I wanted to start low to attract bidders and the items I've listed seem to be wanted going by present and closed auctions. I feel I did a good job of listing them with great pictures and descriptions other than a few key things like no return policy, no international shipping, and rather high (Priority Mail) shipping for the inexpensive items up for auction.
I just am wondering is it foolish to start auctions this low? I mean I have seen sellers start items worth more than mine as low as a penny. Maybe they sell way more and can afford to get a low ending price. I had a 50 cent auction end Monday with one bid. The item regularly sells for $15+. It feels like I wasted my time/money, and I did.
I originally was going to list items around what I paid for them. Like if I bought some vhs tapes for $3 I'd put them up for 2.99 or something like that so even if it ends with only one bid I still am somewhat in the green.
Opinions welcome. Thanks