- eBay Trading Assistant Consultant Professionals
A variety of listing format exist
on eBay. Pease note that Motor Vehicles and Real Estate are handled
differently; please click on the above links to visit our other
web pages relating to these types of eBay listings.
An eBay auction is somewhat like a real auction: You set the starting
price for bidding, and potential buyers compete for the item by
placing bids with eBay. eBay's computer servers take care of the
mechanics of all this. An item will be eligible for sale at the
price it is started at, if using an auction-style listing with
no reserve. If a reserve is selected, the item will not be considered
sold until the price reaches, or exceeds, the reserve.
option allows a buyer to purchase an item for sale on eBay instantly,
without waiting for the auction to end. Buy-It-Now may be used
in conjunction with a standard auction- style listing. Once a
auction bid is placed, however, the option to Buy-It-Now is lost.
(See example of auction with buy-it now and auction-style pricing)
Best Offer: With
a Best Offer, buyers have the option of submitting an offer lower
than the Buy It Now price that is also listed. Of course, we will
only sell at a price that you approve of. Please note that Best
Offers may only be used in conjunction with Buy It Now, and NOT
auction-style listings. Counteroffers may be submitted to the
buyer as well. For some items, this is the best way to proceed
Reserve: A reserve
price allows bidding to begin at a lower price than the seller
would actually find acceptable, were the auction to end without
the reserve being met. The item will only sell once the reserve
price has been reached or exceeded. This is often useful, in that
it encourages more bids, and greater interest. Often, competing
buyers will have small ‘bidding wars', taking an item's
final value to stratospheric heights!
Selling Multiple Items
together in a Listing is possible:. There are three such
ways in which one might offer items for sale on eBay in such a
The first is a Dutch Auction,
or auction-style listing. This is used when listing multiple identical
items. The seller determines the start price, and bidders not
only enter a bid, but a quantity as well.
The final value of your item is
determined not by the highest bid, but the lowest. For instance,
let us assume that a Dutch Auction offers a quantity of eight
items. Let us assume further that Bidder A places a bid for 5
items at $4 each, and bidder B places a bid for 3 items at $9
each. Both bidders would win the auction, however both bidders
would receive the items for $4.
With Dutch Auctions, winners
retain the right to refuse partial quantities, if, and
only if a bidder wins any fewer that the full number of items
bid on. To again refer to the example above, let us now consider
that Let us assume further that Bidder A places a bid for all
8 of the items at $4 each, and bidder B places a bid for 3 items
at $9 each. Both bidders would win the auction, both bidders would
receive the items for $4, but bidder A will only be eligible to
Fixed-Price Listing: is the second such method
of selling multiple items in one listing on eBay. It is quite
different than a Dutch Auction. Buyers only specify quantity;
pricing is wholly determined by the seller.
A lot listing
is the third way to sell multiple items, and is appropriate for
similar items. It is therefore useful when the aforementioned
methods are not available. Bidders compete to win the item, starting
at the price determined by the buyer.