| Author |
Replies: 28 / Views: 3,146 |
Page 2 of 2
|
|
|
|
Valued Member
United States
86 Posts |
Quote: Good pics are a must....start at .99 cents, people love to bid....free ship. Now that is definitely true...
|
|
Valued Member
United States
78 Posts |
I sell a lot of things on ebay, but almost no coins, but here is what I do for non-coin related items: 1. I always start and ened auctions Sunday evening, between 6 and 8pm on the West coast. 2. I try to figure out what the lowest average selling price is, and set my starting bid a bit below that (If the price I purchased the item for allows this, I won't start with a losing-money bid, generally). This way if I get just one bid, I will still make a profit, but it is still low enough to hopefully get some bidding going. I have, on several occassions, started something at a higher bid and got no bids, so I start it at a much lower price the next week, and it ends up selling for more than the starting bid from the week before when nobody bit. I think people see that someone else has bid on an item, and they feel more comfortable bidding on it. 3. I always charge shipping, and I usually include the fees that ebay charges on shipping as part of the shipping cost. I know some people will disagree with this strategy, but it works for me. Again, these are things I do for non-coins, but it has been working...good luck!
|
|
Pillar of the Community
United States
8521 Posts |
I posted this over on the coin auction discussion forum here at CCF and got some good info from sellers here on the forum. I started doing free ship as a result and am kinda anxious to see how that goes. https://goccf.com/t/134002
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
 United States
979 Posts |
Why start at .99? Why not start at .01? I recently started a small lot of old canadians (you can see it from my links below) I put it up last night for .01 free shipping. It already has bids from three different people. MUCH more attention than coins seem to get on the first day! a lot of things don't seem to get noticed until the last day. My strategy (and experiment) here was to see if getting in the "lowest price + shipping" category I guess time will tell what it goes for, I'm not too sure what to expect on price. I'm guessing pretty low, but I keep getting surprised with what things can go for! The only thing is that with fees, you have to assume a loss of 15% when all is said and done. paypal and ebay both take their percentage from the initial amount, PLUS, fees for both sites go for shipping too, so you can't simply add the 9% ebay with the 2.9% paypal and think you get off with 11.9% fees. On top of that, you can't charge much for shipping because people would rather pay $15 free shipping than $10 with reasonable shipping below $5. It seems like you have to plan on posting the shipping charges a few dollars below cost, or go with FREE SHIPPING in order to get any interest.
|
|
Pillar of the Community
United States
3755 Posts |
I do free shipping on anything over 40 bucks.
|
|
Bedrock of the Community
13014 Posts |
Quote: PLUS, fees for both sites go for shipping too, so you can't simply add the 9% ebay with the 2.9% paypal and think you get off with 11.9% fees. Thats true but its still only 12 percent you just have to add the shipping fee on as well. Really the simple answer to a lot of the questions is just that there is no right way to do ebay. BIN, auction, low starting price auctions will all at any given time result in prices higher and lower than the coin should have gotten. A lot of it is just luck of the draw that someone is looking for what you have and can afford it. If there was one thing that I would rank as the most important thing to a successful ebay listing I would say its having a coin in high demand with a good photo
|
|
Pillar of the Community
 United States
979 Posts |
One more quick question:
to post at 6PM Pacific time, do you guys pay the 10 cents to time it, or do you upload right then? I want to upload a bunch of stuff this sunday, so I'm thinking of paying that small fee. That's one of the features that should be free, but isn't some overbearing charge it seems.
|
|
Bedrock of the Community
13014 Posts |
If you wont be around you can pay the fee. If you want to avoid the fee, you can create the list ahead of time and save it for later then get on when you want it to end and post it without having to do it all then and there
|
|
Pillar of the Community
United States
8521 Posts |
I'm thinking of paying the ten cents so I don't have to time them. Yes it should be free.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
 United States
979 Posts |
|
|
Bedrock of the Community
13014 Posts |
Switch it to the quick listing tool and click save for later at the top next to the help button. You can switch back to the advanced tool if you prefer to use that later
|
|
Pillar of the Community
United States
8521 Posts |
Oregon coin geek.....*** GO BEAVS ! ! ! ***
|
|
Pillar of the Community
 United States
979 Posts |
Interesting concept, but very incomplete without holiday data. What's a marketing calendar void of holiday data? Also, because it is ONLY taking into account days of the week, the entire 30 day calendar can be summed upas such: Sunday and thursday = GOOD DAYS Monday and Saturday = DECENT DAYS Tuesday, wednesday, and friday = BAD DAYS
That bit of info in itself is actually quite useful. I wish I had some DATA to look at though. I mean, I have heard that Thursday is one of the best days, and now I am hearing sunday a lot. I have always heard friday is bad. Tuesday wednesday and saturday I had never heard much about.
|
|
Bedrock of the Community
13014 Posts |
Thursday surprises me a bit since a lot of people go out on thursday. Plus I hate waiting for my coins in the mail and that basically assures theyll sit at the PO on sunday 
|
|
Valued Member
United States
366 Posts |
Good info and opinion. I tend to use Sunday's and Monday's usually 5-6p PST. Most items are no reserve and $3 shipping. I do use some BIN on unusual items. The only time I put higher reserves is when I have an eclectic item such as a sterling silver token... then I put a reserve just below spot value. Will have to try some Thursday postings.
|
|
Page 2 of 2
|
Replies: 28 / Views: 3,146 |
Page 2 of 2
|