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Old February 24th 05, 10:53 PM
lsmyer
 
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This is a perfect example of how to sell on eBay.

First, make sure you have a product that people want. Second, present the
product professionally. Finally, set the opening bid as low as possible with
no reserve.

On the first auction, the bidding started at just $2. The first bidder bid
$51 as his maximum, but the Current Bid amount still showed that
tantalizingly low $2 for a while. Eventually, someone outbid the first
bidder, and so far, a total of seven different people have attempted to win
this radio. And as of now, they have run the bidding up to $325 (so far). As
you can see, the two high bidders have made themselves quite serious about
owning this radio. So they might still bid more before it's over. And
there's also the possibility that one of the other bidders will jump in with
a very high bid right at the end of the auction.

On the other auction, though, a $250 opening bid is a lot of money for
something you have no emotional stake in. I would be surprised to see if
anyone bids on that one at all.


 
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