I’ve done it myself. Without the charity tie-in, you might sell the camera for, say, $100; subtract eBay’s 10% cut, and you’ll net $90. If you are worried about it, again.... place ONE bid and … Sometimes people don't truly know what the item is worth and will bid low and if you bid early, you also increase the worth of the item in their eyes and they will up their bid. We’ll bid in increments on your behalf to keep you in the lead but only up to your limit. “Follow success,” Crawford says. Sell it on eBay, the popular online auction site. Such listings will be more likely to appear as a top hit for buyers who have used eBay’s tool to filter their search by proximity to the seller - because they either don’t want to wait or don’t want to pay for shipping. Aron Hsiao wrote about eBay for The Balance Small Business. Opening your auction at $0.01 (dubbed the “penny auction”) will encourage early and frequent bidding by shoppers hoping to snag a deal, and they’ll stay engaged with your auction as prices escalate. If it's late at night, you're less likely to be outbid in the last … 2:00 - Who does shill bidding and why? Don’t bid too high, too early. You’re allowed a maximum of 80 words in your product description. I got nervous, double checked the item and increased my max bid to $65. However, the reviews will not link to the private-listed items you sold. For e.g. “Return is a comfort and trust factor,” says Prabhat Shah, online marketer and seller at DayToDay eBay, which offers training for eBay and Amazon sellers. Use eBay’s automatic bidding system and enter the max you want to pay. It gives them a sense of security, and they will be willing to pay a little extra for that. If $5.00 to … The advanced search option on eBay allows you to filter sold and completed listings by category and buying format (auction or fixed price). And About.com has a nice short guide on Understanding eBay Bidding, where it states, "You may pay less than your bid if you win. You can increase your maximum bid at any time before the end of the listing. eBay's semi-automated bid process automatically enters bids for you only as needed to be one small increment more than the next highest bidder. By using The Balance Small Business, you accept our. eBay uses a bid-increment formula that uses the current high bid to determine how much to increase the bid increment. About an hour before the end of the auction I got a notice that I had been out bid. If $250.00 to $499.99, the next bid must be at least $5.00 higher. Also, if you handle returns properly, you are more likely to receive positive feedback. You enjoy the item’s price going up on your lazy Sunday evening. To place a bid on an item on eBay, click the "Place Bid" item on the auction listing and enter the maximum amount you're prepared to pay. When someone else places a bid, we'll place a slightly higher bid on your behalf. When listing your item on eBay, you can choose to donate 10% – 100% of your auction’s final sales price to a charity of your choice. 5:00 - How to detect shill bidding? When you win an auction you always actually pay only a small amount more than the next highest bid. If $25.00 to $99.99, the next bid must be at least $1.00 higher. Benchmark successful sellers, and you will be surprised at how much your items will sell for. Even after donating a portion of your proceeds, you still might come out ahead. Bid increments are smaller when the bid price is low, and … Your donated proceeds are tax-deductible. To maximize your auction’s exposure to potential buyers, start your listing on a Thursday evening. Rules for bidding $15,000 or more. 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