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Next enter a "Minimum bid". This is lowest amount you are willing to accept for item and amount you require to make minimum acceptable profit. Then set "Auction duration", number of days that you want your auction to run. For best results, your auction should end on a Sunday.
If you donít want to actually sell your item at minimum bid amount, then enter a "Reserve Price". This is a price higher than minimum bid, at which you are actually willing to sell your item. Buyers canít see your reserve price, they only know there is a reserve on your item. Buyers donít like reserve price auctions, so you might want to leave this entry blank.
Next, you can select many optional features for your auction, such as prime product placement, double category placement, a small picture in eBayís Picture Gallery, and so on. But these options are costly.
Next, set checkboxes to select types of payment you will accept; checks, money order, etc. Then enter any shipping, handling, insurance, and sales tax charges.
Next, enter your return policy. If you donít want to have to refund money to a buyer, enter "No Returns". Then set radio button for "I will not accept escrow." For an expensive item, you might accept an escrow. Escrow is when a third party holds buyerís money until he receives item. Then, if item is acceptable, he gives escrow company permission to release funds to you.
Next, unless you want to ship overseas, set radio button for "Will ship to United States only". Then select checkbox for shipping payment method; "seller pays shipping", "buyer pays actual shipping cost", or "buyer pays fixed amount".
This is a lot of information to provide on a form. If you sell many similar items, you can set a checkbox for eBay to remember your preferences so that you donít have to fill out entire form each time.
Next, click "Continue" button. You are then given an opportunity to review your listing and correct any errors before submitting. After reviewing your listing, click "Submit" button. Your item will be posted for auction.
Now that your item is listed, you can login to eBay at any time and click on "my eBay" link to get status of your auction. If your item is sold, you will be charged $1.25 plus 2.5% of final sale price. If final sale price is $25.00 or less, fee is 5.0% of final sale price.
Thatís basics of selling on eBay. If you feel you need to pay good money for a book titled "How to Get Rich Selling Useless Trash on eBay", then meet me on eBay, in "Bridges" section. ---------------------------------------------------------- Resource Box: Copyright(C)2002 Bucaro TecHelp. To learn how to maintain your computer and use it more effectively to design a Web site and make money on Web visit: http://bucarotechelp.com To subscribe to Bucaro TecHelp Newsletter Send a blank email to firstname.lastname@example.org
Stephen Bucaro is the webmaster at bucarotechelp.com