EBay Pricing Guides

Setting correct pricing is one of the most important components to increase your sale in eBay. Because eBay is an auction site and pricing plays very important role like how much you set it, what is the maximum starting bid and how you use your pricing to attract people look into your list and etc….

In eBay, there are four types of pricing you can set for the eBay auction: ’starting bid’ price, ‘buy it now’ price, ‘reserve’ price and ’shipping’ price. Out of these four pricing, ’starting bid’ price is a must to have for eBay auction, and ‘buy it now’, ‘reserve’ and ’shipping’ are optional.

I am sure everybody don’t have problem with ’starting bid’ price, but I have one tip for you guys, your starting bid set as $0.01. This technique is very powerful, as it attracts people attention which means more views, when there are more views means more bids on your listing. Don’t worries about selling your item under price at the end, because your item will be sell at the price it is worth.

Next is ‘buy it now’ price is very straight forward. You set the price that you want to sell, and buyer can immediate buy the item without waiting for the listing to end. This pricing is optional, but it is recommend that to put when you know how much your item worth.

Next is ‘reserve’ price, this pricing can save many eBay sellers from making great loss in their items. In the earlier part I mention about ’start bid’ price starts at $0.01, and this ‘reserve’ price can help you get rid of the problem that selling your item way below the item worth and make a great lost.

Last is shipping price, many buyers take this as one of the important factor to bid or buy your item. You can increase the number of bidders in your item by offering them free shipping. Make sure your buyers know that you are offering free shipping by include in your item’s description.

Before you list your item, make sure that you know how much is your item worth in order to maximize your profit and always set the correct pricing to increase your bidders.

You can check it out how I make pure profit with $0 investment in eBay using ‘Drop Shipping’ method. This is highly recommend for people who want to earn more income in eBay.

About the Author

I do a self introduction of myself, so that you guy can know me better.

I’m Leo Ling, this year turning 21. My dream for my life is to build my very own largest theme park in the world on an island! But have to take step by step to reach my dream, so currently aiming  to earn my very first $1,000,000.00 using internet business by 25 years old! Which means I going to get my first million soon in the upcoming next 4 years. My hobbies are read books related to self-improvement, business, internet marketing and earn money!  My experience in internet marketing and internet business for around 2 years but still an amateur internet marketer. Still have lot of things to learn and test out.

You can find out more about me by going this link: http://leolinghome.com/category/introduction-of-me-my-site/

Have a nice day:P

CHEERS!

Understanding bids on eBay – Surviving eBay

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