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If you buy or sell items on eBay, you will find tips and advice on this forum.

Auction with realistic minimum price vs Buy it Now

7 replies

boogiewoogie · 03/05/2014 20:58

Which one in your experience results in a sale? I've got some clothes that are brand new, never worn but no one bids when I start at a minimum price that I'm willing to sell it for (not 99p!) Is it better to do a combination i.e auction with a BIN or a BIN for 30 days?

Any advice appreciated thank you.

OP posts:
LavenderGreen14 · 03/05/2014 22:27

wait for free listing and start at what you want them to achieve - never at 99p.

Charmingbaker · 04/05/2014 10:54

The first thing you need to do is check that the price you want is realistic. Check the completed listings to see what similar items go for. I prefer auctions where I list at the minimum price I'd be happy to sell at, but that's just personal choice.
I put on 2 jumpers my DH no longer wears. Although they cost a similar amount and are in similar condition I put one on at £7 and one on at £40. Only listed them late last night and it's the one on at £40 that has several watchers already. I got my prices from seeing what the brands sell for. The £7 brand goes for £2- £10, the £40 brand goes for £30-£60. If they go for the price I've listed I'm happy, but I'm always hopeful they'll go for more.

Charmingbaker · 04/05/2014 10:58

Oh and definitely go for free listings and tick the box so it automatically relists for free.
Also, just because something doesn't sell the first time doesn't always mean it is over priced. Last weekend I had 4-5 bids each on 3 separate items that I had previously listed several times.

HolidayCriminal · 04/05/2014 15:20

I dislike auctions, Buy-it-nows are much better ime for types of items OP is selling. See it, buy it, pay. None of this faffing about wondering what you'll be buying when.

One trick is to list for 30 days BIN using the cheapest listing method possible (FLW or whatever). List for the max you think you might get and then reduce the price by a third after a week. Repeat heading down to your true minimum after 3 weeks.

higgle · 04/05/2014 15:27

I sell twice a year, mainly clothes that are still very good but I've got tired of. I always sell starting at 99p and usually get a good price. I don't buy Bin items myself, I like to go hunting for things with poor descriptions or photographs that don't do them justice and get a bargain.

PurpleFrog · 06/05/2014 12:53

I have had good results recently with BIN with Best offer, especially since that has been included in Free Listing days. If they are the sort of clothes that are likely to be worn to an event i.e. party/wedding etc. then BIN is probably better than auction.

boogiewoogie · 06/05/2014 13:19

Well, a free listing weekend has just gone and I've done a mixture of different combinations just as an experiment. I've already sold a DVD through BIN, the day after it was listed. Will have to see what the others do. Thanks for replies.

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