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(Pdf) Ebay Auction Secrets - Make Money Online - Index of

(Pdf) Ebay Auction Secrets - Make Money Online - Index of

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<strong>Make</strong> Your Net <strong>Auction</strong> Sell!<br />

On this car, the reserve price isn’t met at $10,100...<br />

If it is not met, the car will not sell at the end <strong>of</strong> the auction, even though it has<br />

received 29 bids.<br />

Are reserve auctions a good selling strategy for you?<br />

A reserve seems like a really cool idea. You can sit a tiny minimum price and<br />

yet be covered so that you don’t have to sell your Rolls Royce for $10. The<br />

downside, however, is that there are many buyers who will not bid on reserve<br />

items. They “don’t want to waste time playing games,” as one buyer put it.<br />

I once bid on an item seven times in a couple <strong>of</strong> minutes, and each time<br />

received the “reserve not yet met” response. I gave up in disgust and I haven’t<br />

bid on an item with a reserve price since then.<br />

This is an individual decision, without question. But as a seller, be aware that<br />

many potential buyers will pass you by. Reserve auctions are definitely in the<br />

minority.<br />

6.4. Bidding Strategies<br />

Really serious auction players and collectors develop winning strategies to<br />

make sure they get the items they are craving. They manage to buy items that<br />

they can then resell for a nice pr<strong>of</strong>it. Mastering effective bidding strategies<br />

means more cash for your pocket. Here are a few to consider...<br />

Strategy #1 -- A few cents can make the difference. Most buyers bid<br />

in nice, round numbers like $5.50 or $10.75. But those who study the auctions<br />

learn that a few cents can make a difference. Instead <strong>of</strong> bidding $12.50, bid<br />

$12.53.<br />

Sometimes these few cents will be a difference between winning and losing.<br />

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