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RE: My eBay Store Is Live

in Rant, Complain, Talk5 months ago

Nice work ! You'll find that about 75% of people who add you to their watch list are people thinking about selling something similar just doing a bit of market research.

But a good technique is that you can send personalised time-limited offers to people with a small discount which can help tip undecided buyers over the line into actually hitting the button. I have a feeling it's something you can automate , as well, although I've never done it so I have no idea how it's done !

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Ahh that kind of makes sense to be honest, and I'd say the other 25% are keeping an eye on it to see if the price comes down; to be fair, I do the same thing on Facebook Marketplace, I just like to keep an eye on some stuff that I'd like to pick up at some stage soon.

I heard about running sales and stuff, but do the discount sales end up costing more in eBay fee's or something? I'm not exactly sure about a few things, so I'll need to keep researching.

All of my listings have a price I'd like, and then also a price set that I'd be willing to go to, so people do have the ability to make offers if they want, but what's handy is having the second number set as my lowest acceptable offer, so anything below won't be wasting my time.

Good question about the fees ! I'd say to check the Help page on fees specific to Ireland, because eBay charges slightly differently in each country (I suspect on a "what can we get away with here ?" basis).

But I don't think sending offers attracts extra fees, if anything you'll end up paying slightly less on the Final Value Fee. The big advantage is that you're proactively approaching someone who is already interested in the item and could be nudged into buying. What I'd suggest is send the offer at a price halfway between the initial price and the lowest you'd take because it goes some room to negotiate. But as always - experiment !