![]() ![]() ![]() ![]() You could end up making lots of money on eBay. Because people will be so keen to get their hands on your item, a bidding war can ensue and bidders will keep one-upping each other right until the last second. You can let the market determine the price, which might be far greater than you expect. On the other hand, if the demand is high and the supply is low, opt for an auction. You may find it more profitable to set your desired Buy It Now price and let the listing run longer. If only a couple of people see your listing in that time, the item is unlikely to sell for its highest price because there will be less of a bidding frenzy, no matter how rare your item is. You might possess something valuable, but how many people actually want to buy it? If the buying pool is slim, those people might not see your listing immediately-or ever, if they don't use eBay.Īuctions run for 10 days maximum. How Many People Want Your Item?ĭo your best to establish what the demand is for your item. Without further ado, these are the questions to ask yourself to decide between an auction and Buy It Now. But which of these eBay selling strategies is the best? As you might imagine, the answer to that question isn't simple, and it depends on a range of factors like the rarity of your item, how quickly you want to sell it, and how many people you wish to see your listing. ![]()
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