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EBay Pricing Strategies

Money : EBay

There are many potential strategies you might like to employ.

If you like playing it safe, you could start an auction somewhere near its true value. However note that this might put people off bidding at all, and your item will not grow into a bidding competition.

Others like to risk things a little and start the pricing at well below it's actual value. This can attract a great deal of interest an item - at the same time it is of course risky if the price doesn't move a lot.

The bottom line is that you should choose a starting price that you are comfortable with. A good method can be to look at what rival sellers are selling your item for, and start yours listed at a slightly lower price.

Then when people search for that item they are more likely to bid on yours first due to the attractive pricing.


By: Ebay User

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