Date: 2009-12-17 05:25 am (UTC)
kengr: (0)
From: [personal profile] kengr
I've been supporting myself for some time by selling off old computer and gaming stuff.

Fixed Price is just that. The price you set is the price it'll sell for. Period.

Minimum bid and "buy it now" are options for *auctions*.

You set the "starting price" and then you can set a higher price for "Buy it Now".

Note, it's best to set lower starting prices unless you are *certain* you'll get a higher price. That's because the fee you get charged if the item *doesn't* sell is based on the starting price. $10 is the first step. on that. Which is why my current auctions all started at $9.95

One other *major* thing to watch for. *Don't* set your prices by looking at what similar items are listed for. Set them based on what similar items *sold* for (there's an option for showing only "completed auctions")

I say this because I've got a lot of old comics stuff that shows as $25 each if I look at what folks are selling them for. But only $3-5 if I look at completed auctions.

Email me or chat me if you want more help.
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