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

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

• Is your item hot, hot, hot? If it is then forget the reserve. If the item is in heavy<br />

demand, you can count on competition. Set a reasonable minimum and let the<br />

excitement build.<br />

• If your market is a real mystery, then go for a reserve. You certainly don’t<br />

want to give away your merchandise and then find out later that your buyer<br />

made the deal <strong>of</strong> the century. Just be aware that this can be a dangerous<br />

decision because you may price yourself out <strong>of</strong> the (unknown) market.<br />

• If your investment is low, you may be better <strong>of</strong>f to forget the reserve. Set your<br />

minimum pr<strong>of</strong>it level and let the market set the rules.<br />

7.3. Choosing Your Category<br />

Once you decide to list an item for sale, you must then choose a category. That<br />

choice is simpler on the specialty sites. But if you are using a general site, how<br />

are you to choose?<br />

For example, you have some toy trucks to sell. Do you place them in “toys,”<br />

“collectibles,” or “automotive”? To make it extra tough, there are subcategories<br />

within those categories. The choice you make may be the<br />

difference between a sale and a no-sale. This section will help you choose the<br />

most appropriate listing area...<br />

• Category Search<br />

First, do your research by checking all possible categories. Initially, this may<br />

take some time, and seem rather tedious, but the research you are doing now<br />

will enable you to become a power seller. The task won’t take nearly as much<br />

time in the future. Choose one potential category to begin with. And then, ask<br />

yourself these questions...<br />

1) Are there other items similar to yours for sale?<br />

2) Do similar items have bids, or not?<br />

3) How do the prices compare in different categories? For example, there are<br />

lots <strong>of</strong> diecast vehicles for sale in both the Toy and the Automobilia categories.<br />

Which category has higher prices?<br />

• Past <strong>Auction</strong>s<br />

Past auctions are simply wonderful sources <strong>of</strong> information. Search already<br />

completed auctions for toy - trucks. If you get too many results, narrow your<br />

search. See where the toys have sold well.<br />

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