Thread: Ebay
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Old 07-04-12, 02:02 PM
  #11  
CommuteCommando
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Originally Posted by Mort Canard
Like Ruby13 said, I would try Craigslist first and then eBay. You need to pay attention to the eBay fee structure as their fees can run up to 25% of the purchase price especially when buyers pay with credit cards through Paypal.

Several suggestions

1. Arrange your auctions to start and end as late on Sunday night as you can if your schedule allows it. Most people are at home on Sundays evenings and can pay attention to bidding on a closing auction. This can lead to some very profitable bidding wars.

2. Take good pictures including all defects that you know of. In the descriptions list all of the defects possible. In disputes eBay tends to favor the buyer even at times when you have noted all of the problems with the merchandise. This can lead to you taking a return and paying for all of the shipping charges both ways as well as the eBay fees.

3. Be ready with boxes and shipping materials to ship the merchandise by the time the listing ends. Don't wait to get stuff to package your merchandise till after the auctions ends. Boxes from your local bike shop can help out quite a bit. Figure out how you are going to package the stuff early.

4. Make sure that you keep all email correspondence relating to the auctions including questions asked while the auction is ongoing.

5. Start off with only 4 or 5 auctions at one time. Once you understand the process you can ramp up the volume as time and attention to details permit.

6. Even if you do use a reserve price, start the auction with the price low. People pay more attention to an auction that they have bid on than one that is just in their watch list. Give as many people as possible to bid on your auctions as possible before it gets up to a fair value. Lowering initial prices and lowering reserves also save on eBay fees.

7. Check out flat rate shipping options at the local post office. The boxes or envelopes are free and the shipping is about as cheap as anything out there. An added bonus is that you don't have to worry about weighing the package.

8. When you ship get delivery confirmation. You don't necessarily need a signature but being able to say that the package was left at the house or that it was picked up at the post office can prevent disputes about not receiving the merchandise.

That's about all I can think of at the moment.
+1 to all.
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