Thursday, June 30, 2005

Sell It on eBay: the Web Site Why not add a Buy It Now?

"Want to use a Reserve Price...why not add a Buy It Now?

eBay Live is off and running and I just picked up a terrific tip in a session taught by Janelle Elms, eBay University instructor and author of eBay Your Business.

It is common knowledge the buyers are very put off by Reserve Price auctions. Buyers understand that sellers need to protect their bottom line, but the hide-and-seek of figuring out what someone's reserve price is can be awfully frustrating."

why not simply add the Buy It Now feature to any reserve price auction as well. If you set the Buy It Now amount to be the same as your reserve, potential buyers examining your auction can snap up your item immediately, at the price you want.

http://sellitonebay.blogspot.com/

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