STEP TWO: HOW TO PRICE YOUR ITEM IF SIMILAR ITEMS ARE SELLING POORLY
The best things to sell on Ebay are things that will move quickly and make a profit, but
they are almost always priced correctly! If similar items are either not selling or selling
for a very low price, this suggests that demand is low. It is then recommended that you set
the starting price at a level which you would be happy to receive at the end of the auction.
If your item doesn’t sell then it’s not the end of the world, but if it sells for more then
it’s a win-win. This is also true for selling rarer items which no other sellers have
Adding a reserve price to an item is also a great way to start the auction at a lower price
so it looks more appealing for buyers. Adding a reserve price means you can set a lower
starting figure, but if it doesn’t sell for the price you stated in the reserve then you
don’t have to sell the item at all.
Starting the auction at a low price is a great way to get people interested in bidding for
the product. They’ll think they’re getting a deal, and potential buyers may be more likely
to continue to bid, even if they end up being out-bid by another buyer. Keep this in mind
when it comes to pricing your item, especially if you notice that similar items aren’t