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First Tim Seller
Party_Animal
Posts: 1,657 Forumite
I've been buying on E Bay for a long time and I've built up a good feed back. Now I want to sell my first items. I've got a digital camera. I want to ensure that I get at least £20 for one item and £35 for the other so I need to set a reserve. Can anyone give me any tips to get me started?
Thanks
Thanks
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Comments
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Party_Animal wrote:I've been buying on E Bay for a long time and I've built up a good feed back. Now I want to sell my first items. I've got a digital camera. I want to ensure that I get at least £20 for one item and £35 for the other so I need to set a reserve. Can anyone give me any tips to get me started?
Thanks
YOu cannot set a reserve for less than £50. so for items ess than that you need to make sure your starting price is set to the minimum you will accept, ie £20 and £35.
Also remember when working out your profit margin to add in all fees, listing, FVFs and paypal fees if appropriate.
SooI’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
What kind of item(s) are you planning on selling? That info would help tailor tips to suit.
Generally however I prefer to take photos of the actual item for sale rather than a photo taken off a website. Include as many photos as possible
Also describe the item as honestly as possible as buyers tend to be more picky than sellers hence you are more likely to mar your record with negative feedback if you are a seller.The reason people don't move right down inside the carriage is that there's nothing to hold onto when you're in the middle.0 -
In Scotland your heading means something so much different than you intended0
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dinglebert wrote:In Scotland your heading means something so much different than you intended
:laugh::laugh::laugh:R.I.P Sam, still in my heart0 -
Thanks they are drums and cymbals. If I set the opening bid at £20 for instance and no one buys it do I still have to pay fees? When I've seen items with one bid I didn't realise the seller had set the bid, so what's the difference between the seller setiing an opening bid and setting a reserve?
Thanks0 -
If you set a reserve then you are only obliged to sell the item if the price reaches the reserve.
Ebay charges fees regardless of the price you set. They charge listing fees and they charge final value fees if the item sells. the final value fee is a percentage of the winning price. the listing fee is a fixed fee depending on the starting price and features you chose, ie number of pictures uploaded, whether you use an ebay template etc.The reason people don't move right down inside the carriage is that there's nothing to hold onto when you're in the middle.0 -
Sorry to be a pain. Just opened a selling account and tried listing articles. Took pictures and tried uploading, now after 20 mins it tells me to resize them. Theyre only standard piccies. How do I do that and to what size?
Thanks again0 -
Sorted thanks0
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Party_Animal wrote:Thanks they are drums and cymbals. If I set the opening bid at £20 for instance and no one buys it do I still have to pay fees? When I've seen items with one bid I didn't realise the seller had set the bid, so what's the difference between the seller setiing an opening bid and setting a reserve?
Thanks
You set the opening bid, so in effect that is really the reserve price as the item cannot sell below that.
You will pay the listing fee regardless of whether the item sells or not so chossing an opening price is an art :eek: It's best to have a look at what similar items have previously fetched on ebay and what others are currently being sold. Make sure your postage costs are in line with any similar items, but still enough to cover post and packing in full.
SooI’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
And I thought EBay was reserved for Huns.......:rolleyes:0
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