1. Hi, I am Joyceb/danse and excited to share some thoughts with you about pricing your items on eBay and some of the different options that eBay offers.
I have been on eBay since 1998 as a buyer and seller. I was a Power Seller in 1998 and 1999.

Sometimes pricing can be daunting if you are new and/or inexperienced in how the different eBay options work.

In offline retail businesses prices are often marked 2 – 1 (keystone) from wholesale to retail.
Once the price is set it remains static until the retailer decides to have a sale and then percentages are used for mark down.

In real-time auctions prices are set by the bidding demands of the audience through the auctioneer and the final bid determines the winner.

eBay is similar and different. You, the seller, are in control. eBay is a combination of setting your starting bid by researching ongoing and closed auctions, checking offline prices and then letting the bidders determine the final bid. You can also use the Buy It Now bid optionwhich allow instant purchase of an item And you can also opt for a Reserve bid to protect your investment. eBay has more than one option to help you with your bidding and we will look at them today.

Please ask any questions you might have as we go along and I'm sure we can find the answers - or where you might find the answers to your questions.

It's warm and windy in Kansas, so I will click my ruby slippers three times and get started.

Joyceb/danse

3. Seller Central Another source of good information for learning more about Selling on eBay is Seller Central. There are tutorials that will assist you in the strategies of eBay selling, plus marketing hints and tips.

Joyceb/danse

Hi Joyceb/danse: It's hot and windy in Arizona so I will click my Birkenstocks three times and get resdy for an informative workshop.

5. Buyer Confidence: when you have lower feedback you can assure more sales by offering the option of payment with PayPal
. PayPal has built in buyer protection that will give even a new buyer more confidence in their purchases. There are other ways to offer selling prices

Some of the eBay options you might have when you have a lower starting bid are to add a Reserve Bid and/or a Buy It Now (BIN) option.

Joyceb/danse

6. Auction Listing Page
This is a view an eBay listing page, you can see the bidding prices as they are listed on the page. This is what the buyer sees when they access this page through keywords.

There are several things to note on this page that may assist you in deciding how to price an item: Research is important to see what other similar items are bringing. One of the best ways to look at how other people price their items is to research the new and completed auctions.

• The Completed Auction Listing: Checking this box will give you the completed
auctions in this category for the past 30 days. This is an excellent research tool.

• The Buy It Now option is visible: The bidder can look down the column and see which items are offered for the Buy It Now option

• The Price Column is updated to give a view of the current bid.

Joyceb/danse


The auction page: This is a view an eBay listing page which is another way to understand what price an item similar to yours might be bringing along with the terms of experienced seller.

Joyceb/danse

8. Pricing Philosophies: The lower the starting bid the more apt you are to receive bids: There are many variables that come into play in determining where to begin the bidding on your item: Your cost, the eBay fees and the lowest amount you are willing to let the item sell for.

Joyceb/danse

10. Starting Bid, Reserve Bid (if any), BIN (Buy it now) options to take into consideration.