I have never sold anything on eBay. Partly because so much of this stuff confuses me. All the different fees and options etc. The uncertainty of how much you could get on items or whether they will sell at all. I would like to get started selling some stuff and suppose the only way to come to grips with a lot of this is to just do it and gain the confidence after the first few items are actually sold.
I do have a couple questions though that are sort of in line with what you are discussinig in your post. First, I understand that the listing fee bases on your open bid(?). Thus some people choose to go with $1.00 or $.99 or something like that and save some money on listing fees with the "Confidence" that the price will be bid up to a fair sale. OK, But is there really that much difference or benefit if I have a $5 LE that I bought from a NIS for $7.50 or $8 if I actually list it at $8 starting bid rather than something rediculous like $.99? Also does it cost anything to use the reserve pricing? I recall, I think on TCB in the last couple days that someone mentioned listing for low prices and putting a Reserve Price so that you don't have to sell below what you want. Thinking of it I suppose low price start with a high Reserve might have some value in gaging the value and demand of an item that you might have. Is it really worth selling such a chip like that or would it be better to list your chips for what you actually want in return. Say my example above. Rather than selling an
$8 item w/$.99 start, RESERVE and a $4 S/H charge
wouldn't one be better off to say I want $2 profit off that chip so I will list it for
$10 + 2 shipping/handling
or maybe be totally honest and start bidding at
$12 Shipping Included.
Maybe if people knew exactly what something was going to cost and wasn't going to have to add this bid to that fee plus this fee... and not have to be "Chasing a Reserve Price" maybe more people would bid more easilly.
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