How To Choose A Start Price On Ebay
|Money : EBay|
The starting price is very important. If you set it too low, people might not recognise the value of your item.
And of course if you set it too high it might put everyone off from bidding.
So, how do you choose a start price? Well, the best way is to find out what the average starting rate is for your product on eBay. Before listing, see what starting price others are setting for a similar item.
Then monitor those auctions - see how they go. If they are successful then consider starting your bid at around the same amount.
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