Understanding eBay Auctions
Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their things on eBay.
For every seller who doesn't like the idea that their item might sell for a far lower price than they intend, there's another who wants to shift hundreds of the same item quickly.
eBay tries to cater to all tastes.
This lens gives you an overview of the different kinds of auctions and their advantages for you.
For every seller who doesn't like the idea that their item might sell for a far lower price than they intend, there's another who wants to shift hundreds of the same item quickly.
eBay tries to cater to all tastes.
This lens gives you an overview of the different kinds of auctions and their advantages for you.
Featured eBay Marketing Resource:
-
The Ebay Marketing Group Headquarters
-
The ebay Marketing Group Are you trying to sell on ebay? Are you trying to earn money as an ebay affiliate? Do you know enough about ebay to share what you know? This Group is for you!
Normal Auctions
These are the bread-and-butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid again, and the winner gets the item.Simple!
Reserve Auctions
Reserve auctions are for sellers who don't want their items to sell for less than a certain price - a concept you'll know about if you're familiar with real auctions.They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, and they'll need to bid again if they want the item.
If no-one is willing to meet your price, then the auction is cancelled, and you keep the item.
The 7 Essential Steps to Successful eBay Marketing
Do you prefer to not spend all day reading information on a computer screen? Most of the information about ebay that is sold every day is in ebook format, or on websites.
But this doesn't suit everyone. So, of course, there have been real books written about earning money on ebay. And here is one of the best!
But this doesn't suit everyone. So, of course, there have been real books written about earning money on ebay. And here is one of the best!
The 7 Essential Steps to Successful eBay Marketing
Avg. Customer Rating: 
Amazon Price: $17.05 (as of 12/21/2009) 
Usually ships in 24 hours
Fixed Price ('Buy it Now') Auctions
Buy it Now auctions can work in one of two ways.You can add a Buy it Now button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process.
Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price.
This lets you avoid all the complications of the auction format and simply list your items for how much you want them to sell for.
Best Offer...
Recently, eBay added a twist to fixed price auctions: the 'best offer'.This means that buyers can contact you to negotiate a price, which could be a good way to get sell some extra stock at a small discount.
The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats.
In general, it is more worth using reserve auctions for higher-priced items and fixed price auctions for lower-priced ones - but remember that you can combine the two formats.
Become an eBay Powerseller
As taught by the powersellers!
The eBay powersellers often write how-to guides about how they got where they are right now.
And they often sell them for just a couple of dollars, which is great to just download and check out.
So here are a couple featured, if you're interested:
Fetching new data from eBay now... please stand by
Multiple Item ('Dutch') Auctions
These are auctions where you can sell more than one of a certain item. Dutch auctions can be done by bidding.Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then don't worry - everyone else does too! These auctions are very rare.
What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types: a multiple-item fixed price auction.
This just means that you can just say how many of the item you they have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click Buy it Now to get them.
Hot Selling eBay Products on the Hidden Web
See what you can find...
More Information
Now that you know about the different types of auctions, you should make sure that the items you plan to sell don't violate eBay's listing policies, are in demand, can be sold at a profit....
Why not check out the eBay Marketing Resource group for more information on everything you need to know?
Click here!
Why not check out the eBay Marketing Resource group for more information on everything you need to know?
Click here!
The Greatest eBay MoneyMaking Tool EVER!
Earn money from other people's auctions, even if you sell nothing!
Build A Niche Store. This is, by far, the greatest tool for making money from ebay.With this tool you can create up to 28,926 different niche stores, selling ANYTHING that is for sale on ebay.
And if it's selling on ebay, it might as well earn you money! You don't ever have to list a single item or deal with a single customer.
Build your niche stores, people go to ebay through your store, and ebay pay YOU up to 65% of THEIR profits!
...the ebay affiliates who earn over $100,000 a month? They have their own niche stores. But this niche store creator thingy makes it so much easier for you.
I recommend: Go Get It!
Build A Niche Store
Featured Lenses:
Click The Pic For More Info:-
The income possibilities of eBay
-
If you've ever read a Squidoo Lens about eBay Marketing, you will have seen the kinds of incomes people make - it isn't unusual to hear of people making thousands of dollars per month on eBay. So... why not you?!
-
What You Need to Know BEFORE You Get Started on eBay
-
So you've decided that you want to get started as a seller on eBay. There are a few things that you really need to know before you go and throw yourself in at the deep end.
Did you like this lens?
Loading poll. Please Wait...
Do you have anything to add to this eBay lens?
Feel free to type what you know right here:
submit
-
Reply
- Jun 12, 2009 @ 2:53 pm
- Excellent lens, I gave it 5 stars for its insightfulness, I recommend for those individuals that are keen on making it big on eBay check out my page: The Real Solution To eBay Live Help, I reveal much need insight into where people can find suppliers, dropshippers and the like.
-
Reply
- Junyuan Junyuan Sep 24, 2008 @ 12:26 am
- I must say that eBay is one of the fastest proven source for anyone to start generating a good income online. You have a very good lens that contains really good tips on how one can use eBay to generate good money online. I've given you 5-stars for your lens. I have a lens on how to sell digital products on eBay using eBay classified ads. Perhaps you may want to drop by and let me have your comments. :) You may also want to add your lens to my Internet Marketing Directory to get more traffic to your lens... :)
-
Reply
- wahguide wahguide Aug 15, 2008 @ 11:40 pm
- Hi,
Very nice lense you've put together.
You've obviously put a lot of time and care into it.
EZ Ebay $$ >> Ebay Niche Store Generator.
-
Reply
- archangelptx archangelptx Apr 11, 2008 @ 8:18 pm
- Great lens! I didn't know about Dutch Auctions until reading it here. A little ad-heavy, but I'm sure it nets you some nice money =). Maybe you could drop by my lens and offer some advice and feedback? It's http://www.squidoo.com/ebayrox . Thanks!
-
Reply
- HappyMT HappyMT Mar 27, 2008 @ 9:48 pm
- Great lens, very informative, enjoyed it!
-
Reply
- mindfuljenn mindfuljenn Mar 25, 2008 @ 11:20 am
- hey, nice lense! I've just listed an auction on ebay as a fundraiser for a mission trip i'll be going on this june. please check it out. thanks!
here's the link
-
Reply
- nicsnews nicsnews Oct 8, 2007 @ 10:54 pm
- Hi Skills, this is a very informative lens on ebay. Good job. I'm filling people in on ebay too and I've also got a few reviews on video learning products that may assist your readers in their ebay endeavours. Check it out at: www.squidoo.com/learnandearnwithebayvideos let me know what you think.
-
Reply
- ebayriches ebayriches Sep 12, 2007 @ 9:08 pm
- Hey! Nice site you have on eBay auctions. Great information. I have just set up a lens on how one can a living on eBay at http://www.squidoo.com/ebayriches. You might want to check it out when you're free. :)
-
Reply
- Jump-Start-Your-Finances Jump-Start-Your-Finances May 25, 2007 @ 12:09 am
- Great info, Skills! I just created a lens on Tax Tips for ebay Sellers which your readers might find useful. Let me know what you think!
-
Reply
- Acne_Medicine Acne_Medicine May 9, 2007 @ 1:04 am
- Dear Lens Master, your lens contains very good information. please consider joining my Affiliate Programs and Marketing ideas group. My group visitors will appreciate the information. Tx.
by Skills
Hello! Thank you for reading my lens. I hope you found it both informative and enjoyable.
I am making one million Squidoo lenses, and you can read my...
(more)Explore related pages
How to Check an eBay Seller's Reputation (and Why You Should Do It)- When you buy something from an eBay seller, you are giving them your money and h...
SafeHarbor: The eBay Police- SafeHarbor are the eBay police department. If you break the rules, commit fraud...
eBay Description Writing Tips- Once you've drawn the buyers in with your title, the next thing to do is to tell...
Watch Out For eBay Scams (especially THESE ones!)- There aren't that many scammers on eBay - but the ones there are tend to be gree...
10 Ways to Kill Your eBay Business- It's surprisingly easy to kill your eBay business, if you're not careful - sure,...
eBay - Part Time or Full?- Going full-time as an eBay seller is living the dream: making a real income, wor...
