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On eBay, check out the Drop Ship Source Directory if you are serious about selling. For this reason, be sure to set the start time accordingly. Competitor Analysis Just like any other business, you need to know what your competitors are doing. 49. Two great examples are purses and shoes, and paintings. Location!
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This will save time in relaying messages back and forth. When you use reserve pricing, it does not help to build buyer/seller confidence and should be avoided. 18.
In addition to researching what other people are selling similar items for, you need to conduct your own research outside of eBay as well to determine the going rate for your item(s). As an example, if you are selling artwork, jewelry, or collectibles, you need to state in your description the going price. Although you may or may not get that price from the buyer, it shows buyers that you have done your homework and will stand a little more firm in your price. It also tells buyers that they are getting quality for a good price.