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When Not To Use Buy Now



A


s you get more experienced                                        
on eBay, you might be           I would recommend that you stop   
tempted to use fixed price      listing anything as fixed price   
auctions, just so you can budget      as soon as you get into December, 
better. It's often more               unless you have a lot of          
reassuring to know that either        accumulated stock that you want   
you will make a small profit on       to get rid of for low prices.     
an item instead of having to wait                                       
and see whether it makes a big        When an Item is In-demand.        
profit or a big loss. However,                                          
you should be aware that there        If an item is selling within a    
are some times when you really        few hours each time you list it   
shouldn't use ‘Buy it Now'.         using Buy it Now, then you really 
                                      ought to consider using a normal  
In the Holiday Season.                auction format instead. The       
                                      chances are that the final price  
The market goes absolutely crazy      you'd get would be much higher    
just before the holidays - and        than whatever you're charging     
that's why you shouldn't list         now.                              
items using Buy it Now. Do you                                          
really want to wake up one            When You Have the Only Item on    
morning and find that all your        the Market.                       
stock has been bought up, the                                           
current highest bidders on your       If you have a hard-to-find item   
rivals are bidding double what        that no-one else is currently     
you just sold them for, and the       selling, then it makes no sense   
people who bought your item have      to use Buy it Now. You'll be      
relisted it with a starting price     surprised just how high buyers    
higher than what they paid? Of        will go on things that are truly  
course you don't.                     rare, and how upset they'll be if 



someone snatches it away from         It.                               
them using Buy it Now. It's only                                        
fair to give everyone a chance to     It's simply not worth having a    
pay you more and more money,          Buy it Now button on every one of 
isn't it?                             your auctions if nobody ever      
                                      touches the thing: it's just      
If Your Item Doesn't Sell.            sitting there, costing you money  
                                      for each listing. When it comes   
If you keep needing to relist         down to it, Buy it Now is         
your item because it consistently     expensive, and you should only    
fails to sell, that might be the      use it in auctions where you      
time to give up on listing it in      really think it will help the     
the fixed price format. Buy it        item to sell.                     
Now only works for things that                                          
people always want - traditional      Now you might not have noticed,   
auctions involve them more with       but there's another               
things that they wouldn't usually     â€˜alternative' auction format    
buy. You might end up with a          that often goes ignored: the      
slightly lower price than you         multiple-item, or ‘Dutch'       
wanted in the end, but at least       auction. In the next email, I'll  
that bad item will be off your        show you how these auctions work, 
hands.                                and explain why they could be     
                                      good for your business.           
If No-one Ever Buys From You With     

                              






About the Author:

Kirsten Hawkins is an Ebay and internet auction enthusiast from Nashville, TN. Visit http://www.auctionseller411.com/ for more great tips on how to make the most from Ebay and other online auctions.


Read more articles by: Kirsten Hawkins

Article Source: www.iSnare.com


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