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What is a reasonable offer on eBay?
Tips for Making Best Offers Ask them directly: If you really want the item, you can message the seller and ask what the lowest price that they will accept is. This is acceptable on eBay and a good way to make sure you get the item without using all of your offers up. Be reasonable: Don’t offer $5 for a $100 item.
How do I bid successfully on eBay?
How to Successful Bid During an eBay Auction
- Shop eBay.ca.
- Place your bids in odd figures.
- Don’t get carried away in a bidding war.
- Don’t freak out if you find yourself in a bidding war.
- Watch for item relistings.
- Combine shipping when possible.
- Don’t bid early, but if you do, bid high.
Is it better to sell fixed price or auction on eBay?
Whereas auctions generally favor one-off sales or items of a particularly special nature, fixed-price listings tend to favor businesses consistently listing similar items. If you have a high-priced item that isn’t in high demand, putting it up at a fixed-price is the better option.
What should my starting bid be?
Set the Starting Bid Many industry experts say the best practice is to set minimum bids at 30-40\% of the FMV. Others think 20-25\% percent of the FMV is ideal, as the lower price could garner more interest. For example, you could set the minimum bid for more exciting items at 40\% of FMV and just 20\% for other items.
What is best offer starting bid on eBay?
When you add the Best Offer option to your eBay listings, you’re inviting buyers to negotiate with you. After a buyer makes an offer, you can choose to accept, decline, or make a counteroffer. If you want to encourage buyers interested in your items to make a purchase, you can also send them offers.
What is a lowball offer on eBay?
Ok well let me tell you what a “lowball” offer is considered to be-anything less than 50\% of what you’re asking. 50\% less is “lowball” for most but in order to provide you a yardstick-there it is. Ok it’s official. 50\% of asking price or less is a “low ball offer”.
How many items should I list on eBay?
This is an account-based limit. New sellers have a selling limit: up to 10 items with a total value of up to $500 per month. This means that, during the month, you can sell up to 10 items for a total of up to $500. This is the standard limit for all new eBay sellers.
What is a minimum bid auction?
A minimum bid auction, also called minimum published bid, is an auction for which the lowest, acceptable price is pre-determined by the seller and the auction firm. The minimum price is stated in the auction brochure and in advertisements. It is also announced during the auction.
What is a starting bid?
“Starting bid,” also called “opening bid”: the amount suggested by the auctioneer to open the bidding. If no bidders are interested in bidding at that amount, the auctioneer will drop the opening bid until a bid is received. Minimum bid, also called “reserve price”: The price at which an item can be sold.