Monday, September 12, 2005
Tips:- Start Lowest Initial Price
The first key to closing more auctions is to attract more attention. One way to do this is with your initial listing price.
One of the most popular pricing tricks is to set an extremely low initial price. This attracts a lot of buyers attention and gets the bidding started sooner. Obviously you hope that all this attention will result in the price being bid up from the starting level.
When it comes to low prices, many successful sellers swear by 99-cent pricing.Even if you actually end up selling a few items at this price, it can drive traffic to your other auctions or your eBay Store. It's a loss leader, and you make it up with other sales.
One of the most popular pricing tricks is to set an extremely low initial price. This attracts a lot of buyers attention and gets the bidding started sooner. Obviously you hope that all this attention will result in the price being bid up from the starting level.
When it comes to low prices, many successful sellers swear by 99-cent pricing.Even if you actually end up selling a few items at this price, it can drive traffic to your other auctions or your eBay Store. It's a loss leader, and you make it up with other sales.
