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86. People love to have history, especially when it comes to collectibles, which is part of what adds to its value. 11. In return, you will get a list of prices this same item is selling for on the other auction sites. 101. Reserve Auctions Instead of listing your auction starting at a minimum bid, you might try setting a low reserve price, which attracts some bidders.
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This will allow you to check for any errors. Headlines Do not add symbols such as asterisks (***) in your headlines. In addition, if there is a difference, even slight, in color from what the actual item is and how it shows in the photo, be sure to describe any discrepancies in detail. Professional Ads Keeping with the importance of a professional looking auction, if you need assistance, use the Instant Ad Creator, which will walk you through the process to a great looking ad. Make your impression a strong one! Include a business card with your website information, name, address, or a printed out statement showing the item(s) name, item(s) number, price paid, and a small hand-written note thanking the buyer for their purchase.
Reserve pricing cannot be seen by the buyer, leaving them to question how much you are really asking. For example, if you had an office printer for sale, you might list a reserve price, or a hidden base figure of 0. However, to the buyers, in their opinion, this printer is not worth more than since this is the average price from other sellers for similar equipment. As the buyers start bidding close to and they see that the reserve has still not yet been met, they will quickly stop bidding, unsure of what your hidden base is. When you use reserve pricing, it does not help to build buyer/seller confidence and should be avoided.