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Article #169: Different Ebay Auction Types - A Beginner's Guide

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Over the years, eBay has introduced all much you want them to sell for.
sorts of different auction types, in an Recently, eBay added a twist to fixed
effort to give people more options when price auctions: the 'best offer'. This
they buy and sell their things on eBay. means that buyers can contact you to
For every seller who doesn't like the negotiate a price, which could be a good
idea that their item might sell for a far way to get sell some extra stock at a
lower price than they intend, there's small discount. The only downside to
another who wants to shift hundreds of reserve and fixed price auctions is that
the same item quickly. eBay tries to you pay a small extra fee to use these
cater to all tastes. This email gives you formats. In general, it is more worth
an overview of the different kinds of using reserve auctions for higher-priced
auctions and their advantages for you. items and fixed price auctions for
Normal Auctions. lower-priced ones - but remember that you
These are the bread-and-butter of eBay, can combine the two formats.
the auctions everyone knows: buyers bid, Multiple Item ('Dutch') Auctions.
others outbid them, they bid again, and These are auctions where you can sell
the winner gets the item. Simple. more than one of a certain item. Dutch
Reserve Auctions. auctions can be done by bidding. Buyers
Reserve auctions are for sellers who bid a price and say how many items they
don't want their items to sell for less want, and then everyone pays the lowest
than a certain price - a concept you'll price that was bid by one of the winning
know about if you're familiar with real bidders. If you have trouble getting your
auctions. They work just like normal head around that, then don't worry -
auctions on eBay, except that the buyer everyone else does too! These auctions
will be told if their bid does not meet are very rare.
the reserve price you set, and they'll What is more common is when a seller has
need to bid again if they want the item. a lot of one item, and lists it using a
If no-one is willing to meet your price, combination of two auction types: a
then the auction is cancelled, and you multiple-item fixed price auction. This
keep the item. just means that you can just say how many
Fixed Price ('Buy it Now') Auctions. of the item you they have, and offer them
Buy it Now auctions can work in one of at a fixed price per unit. Buyers can
two ways. You can add a Buy it Now button enter how many they want and then just
to a normal auction, meaning that buyers click Buy it Now to get them.
can choose either to bid normally or to Now that you know about the different
simply pay the asking price and avoid the types of auctions, you should make sure
whole bidding process. Some sellers, that the items you plan to sell don't
though, now cut out the auction process violate eBay's listing policies. The next
altogether and simply list all their email will let you know what's allowed
items at fixed price. This lets you avoid and what is a big no-no.
all the complications of the auction Thats all for now, thanks for reading.
format and simply list your items for how






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