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22.9.07

Earning on ebay 3

Ready to start selling?Before you sell,make sure that the items you plan to sell don't violate eBay's listing policies. Once you go through the listing policies,you then need to familiarize yourself with the different auction types. In an attempt to give people more choices,as and when they buy and sell eBay has different auction types. Normal Actions:Buyers bid,others outbid them, they bid again, and the person with the highest bidder gets the item. Reserve Auctions:This is for those sellers,who do not want to sell below a certain price called as "reserve price"If no-one is willing purchase at that reserve price then the auction is cancelled. Fixed Price ('Buy it Now') Auctions:Here the item has the option of getting sold in 2 ways..by normal auction and additionally a Buy it Now button,is added to the item for those potential customers who would like to buy immediately without bidding at a fixed price mentioned. Recently, eBay added the 'best offer'option. Here the buyers can contact the seller to bargain a price. However for getting the options to reserve and fixed price auctions as a seller you pay a small extra fee to use these formats. Multiple Item ('Dutch') Auctions:These type of auctions are rare and so we will not go into it.TO BE CONTINUED...

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