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Last Post Nov 12, 2007 2:05 PM by: getafix@ebay.com
Replies: 52
deirdre@ebay.com
Posts: 3,846

Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 5, 2007 5:35 PM
Topic: eBay Workshop: Selling with Best Offer (and its latest enhancement - Auto Accept)

Host: eBay Staff
Date: Monday 11/12
Time: 1:00 p.m. to 2:00 p.m. Pacific time
Location: Workshop Board

Description: Best Offer is the eBay selling format that allows sellers to accept offers from buyers or negotiate a price, all online via eBay. The benefits of this feature include a higher probability of selling your items, added visibility in search and browse and also the ability to determine the right market value for an item using the fixed price format. Join this workshop to learn how to sell with Best Offer and its latest enhancement - Auto Accept. With the holiday season around the corner, Best Offer provides your buyers with all the conveniences of a fixed price format and the thrill of auctions! And did i mention that this is a free feature? Hope you can join us.

Cheers,

Deirdre
eBay Community Development
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 10:46 AM
Hello

Thank you for joining our online workshop for Selling with Best Offer.

My name is Sohil Gilani and I am a Product Manager on the Buyer Experience team.

During today’s workshop we’ll discuss how to sell an item using Best Offer and some of its key features.

I will also share some the latest enhancements to Best Offer. This includes “Auto Accept” for sellers.

Then, we’ll open up the forum for any questions you may have.
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 10:46 AM
Let me start by introducing Best Offer and its benefits.

Best Offer is FREE feature which allows buyers and sellers to negotiate price on Fixed Price and Store Inventory format listings.

In the real world buying experience, buyers and sellers sometimes like to negotiate the final price and specific terms before closing the sale.
Best Offer more closely mimics the real world process and allows both parties to get the right price on the right item.
i.e It allows online bargaining or ‘haggling’, an offline habit that lots of buyers like to engage in.


Here are some benefits of using Best Offer

Best Offer is some ways combines the fun & thrill of auctions with the conveniences of Fixed Price. It thus reaches out to al types of buyers.

It is also another way for sellers to determine the market value of an item using the Fixed Price format.

Additionally, Best Offer items also get added visibility in browse & search results

Lastly, items with Best Offer generate more interest that a regular Fixed Price Items and are thus more likely to sell than items without Best Offer.
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 10:47 AM
Let’s jump right into how you can use this feature on all your fixed price listings.

1. This feature is completely free.
2. It is available for all Fixed Price items on a per listing basis. You can opt into this feature at the time of creating your listing.
(The option is not available for auction listing.)

3. Sellers need to meet the following criteria to list with Best Offer

a. For Single Quantity listings: Feedback rating of 10+ or ID Verified
b. For Multiple Quantity listings: Feedback of 30+ or ID Verified
AND
c. Seller must be a registered user for at least 14 days
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:36 PM
Here are the steps for including Best Offer to your listing using the Sell Form

Step 1 : List a Fixed Price Item

When listing your item, select to list with all options as per screen shot below



Proceed with your listing as normal.
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:37 PM
Step 2: Select Best Offer

At the time of setting the Buy It Now price for your item, you can opt into Best Offer as per the screen shot below.

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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:37 PM
Step 3: Set Automation limits (Optional)

On selecting Best Offer above, you will have the option to set limits to automatically accept and / or decline incoming offers.
This is completely optional. i.e. you may choose to manually review all incoming offers or automate part of it.

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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:38 PM
And here’s how the limits work

Auto Decline Limit
If set, all offers below the limit will be automatically declined.
e.g. If auto decline is set to $350, all offers of $349.99 and under will be declined.
This feature eliminates the need to entertain low ball offers. Buyer will know upfront that their offer has been declined and they will be given an option to make another higher offer.


Auto Accept Limit
This is our latest enhancement for Best Offer.
You can now set the amount at which you are willing to sell the item. All incoming offers at or above this limit will be automatically accepted.
e.g. If auto accept is set to $450, all offers of $450 and above will be accepted and the item thus sold to the user who made the offer. You may now complete the sale as you would normally do for a item sold via Fixed Price.

This feature allows sellers with to accept reasonable offers without any additional work.
Also, it enables sellers to accept reasonable offers that are received towards the end of an item and the sellers may not be around to accept them. This thus prevents the loss of sales!

Note: If the buyer has entered some additional terms while making the offer, the same will not be automatically accepted, immaterial of the offer amount.
This is to protect sellers who may end up accepting offers that may have unreasonable terms attached to the offer.
All offers with additional terms will have to be manually reviewed and responded to.
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:39 PM
Manual Review of Offers

If the limits are not set, all incoming offers will have to be reviewed manually.
Also, all offers falling outside the limits will also have to be reviewed manually and responded to accordingly.

Once you are done with these settings, proceed to complete your listing normally and you are all set to benefit from Best Offers.

These options are available via the selling form as well as Turbo Lister. If using a 3rd party tool, please confirm how these features work with your provider.
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:40 PM
As I mentioned earlier, Best offer items also have added visibility.

Here’s how your item looks on the Browse & Search results pages.

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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:41 PM
Buyers also have the option of searching for only Best Offer items if needed.

Here's the search filter for Best Offer
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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:41 PM
Buyer now make offers from the item page as needed.

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getafix@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:45 PM
Now that you are all set listing items with Best Offers, let's discuss how you can manage your offers and transactions.

Before we do that, let's quickly check if anyone has any questions regarding listing with Best Offer.

Questions anyone?
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maeve@ebay.com
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 12:47 PM
Welcome and thanks for joining us today!

We love workshops to be interactive, so please feel free to ask your questions that directly relate to this topic.

Added note: If you click on the "Watch this discussion" link, you will receive an email each time someone posts to the workshop.

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Cheers,
Maeve
eBay Community Development
Explore eBay Groups today
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snakmann
Posts: 156
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Selling with Best Offer (and its latest enhancement - Auto Accept) - Nov 12

Nov 12, 2007 1:02 PM
I'm here for the workshop!
:)


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