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First, search at eBay for similar items now on
sale and see how they are described and what kinds of prices people
are paying for them to give you some idea. Most of the bidding takes place in the last hour or so
even the given time for auctions usually last seven days.
Bookmark the pages describing items that are closest to what you
want to sell as a guide. Then go back just after that particular
auction has ended to see what the final price which the item was
sold.
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When an item sells, you and the buyer contact one
another by email and arrange for shipment privately. You need to
arrange the shipment! In your posting you
should make it clear that the buyer will pay for shipping, and
indicate the amount. You need to mention where you are willing to
ship either within the country or worldwide. The buyer sends you a check or credit card
number (if you have a merchant credit card account). Or you could
just use Paypal and it is one of the easiest way. You send the
merchandise. At that point eBay charges to your account a small
percentage of the final sale price.
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After delivery of the goods, the buyer inputs
feedback on the transaction at eBay, which serves as a reference for
future buyers who might want to get other things from you. It's a
very good idea to describe your merchandise with great honesty and
detail, mentioning any and all defects, and to ship immediately.
Make sure you provide the shipping information to the buyer too.
High ratings by customers about you in ebay can be very important for future sales.
This will create credibility when people want to buy from you in
future. The environment here is very much like the old pre-Web
Internet -- self-regulating, with lots of sharing, and lots of
candid comments. If you are accurate in your descriptions and prompt
in your deliveries, the system will work in your favor and create
its own credibility for you.
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For starters, pick one category of goods to focus
on -- something that you know very well. Don't go and try to sell an
item that you don't know anything about. Within that category start with items that you know won't
sell for very high prices. To certain extend, cheaper items are
easier to sell. Save items that might conceivably
generate competitive bidding until you have built up feedback and
perfected your pitch. Then, with more experience you could try much
more competitive items.
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Once the feedback is online, add listings for
many more of the same kind of thing, using your previous posting as
the starting point. People bidding on one of
these items will probably want similar things as well and will want
to consolidate shipments, to save shipping costs. Single shipping which
might be higher than the cost of the item itself. Mention in each
of your descriptions that you have other similar items for sale and
would be willing to consolidate shipments. A buyer might be
interested buying more and consolidate shipping compared to buying
from different parties which each will charge a shipping cost. That incentive helps
generate interest and pushes the bids higher. When you have 10
positive feedbacks, you get a gold star; after 100 a blue star; 500
purple; 1000 red. These symbols attest to your credibility and
reliability, and are very important to bidders.
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When you first post items for sale, a sunglasses
("shades") icon appears next to your name - this was right
at the point of writing this site info. That symbol indicates
that you are either a newcomer or you have changed your online name
recently. Most people especially experience bidder will know that
this perhaps because of a bad reputation from a previous
identity. Shades are a warning sign, indicating "Buyer beware". We,
in this community, don't know who this guy is. After one month, you
lose your "shades". By then, too, you should have some good feedback
-- at least a gold star. Sometimes it may take longer, so be
patience. After that it is a good time to start experimenting
with other categories of goods.
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