eBay-Basics-Course

Pricing Strategies: Choose Your Auction Type:-

* (1) Standard Auction
• (2) Fixed Price
• (3) eBay Store Inventory

-------------------------------------------------------------------------------

1) Standard Auction: -

(A):Single item auction ,or
Single item auction with BIN , or
Single item auction with BIN & Reserve

* You may add-in with/with out RESERVE Price, or BUY IT NOW (BIN).
*Only for one item format
*With BIN: Sellers must be verified ID or Feedback more than 10

Please take not that Reserve Price fees is refunded when you successfully complete your auction, If items does not sell, you fees will not be refunded:-

=$1.00 for $0.01-- $49.90
=$2.00 for $50.00-$199.90
=Max. 1% for amount over $200 and above

(B): Multiple Item Auction (Dutch Auction)
With No Reserve
With No BIN

Example (1):-Sellers must have at least feedback of 30 & be registered at least 14 days or with ID Verified

The highest bidders purchase the items at lowest successful price. That is the lowest bid that is still above the minimum price.

For Example: A seller list 10 items of candy box at min. price of $20:-

Buyer A : 8 $20 D : 3 $24
B : 2 $21 E: 2 $25
C : 2 $22 F : 1 $30
Ten highest bidder winners: F; E; D; C; B, all pay at the price of $21

Example (2):- A seller offers 10 copper spoons at $10 each:-

Bidder A bids $10 for 3 spoons
Bidder B bids $10.50 for 5 spoons
Bidder C bids $12.00 for 8 spoons

Result: Bidder C will get all 8 spoons
Bidder B will only get 2 spoons
All paid at a price of $10.50
Bidder A will get no spoons

---------------------------------------------------------------------------------
2) Fixed Price :-

(A) Single price with BIN
(B) Multiple Items Auction with BIN

3) eBay Store Inventory:-

Fixed price (Single item) with BIN
Multiple fixed price with BIN

(To open an eBay Store: -Must have feedback of 30, or ID verified -registered at lease 14 days )
--------------------------------------------------------------------------------_

# posted by benkhoo @ 5:56 PM