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    1. Paul9876 is offline

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      #1

      Should I set a reserve price on eBay?

      Iím selling an item that has a specific market value that I want met. Should I set up a reserve price on eBay in order to see that the actual price is paid for this item?
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      #2
      This is a very good question. You should ask yourself how the reserve price will affect your eBay auction. Here are some important factors you need to consider before deciding whether to set a reserve price on eBay or not:

      • Unfortunately, many eBay buyers will avoid auctions with reserve prices. This is one of the main reasons why a lot of sellers avoid setting up reserve prices.

      • Reserve prices will bring you higher eBay fees. One of the rules is to set all prices from 99 cents. If you have experience with certain products you should avoid setting up reserve prices. This way you will avoid paying extra fees.

      • If you choose to have reserve prices you should choose the minimum amount you are willing to accept for a product.

      • Make your reserve price visible, that way potential buyers can see what you expect them to pay as a minimum price.

      The important thing is to know the right time to set up reserve prices. If you have already sold some items you know what price to use. I hope this helps!
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    3. Paul9876 is offline

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      #3
      This really helps, thank you!

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