how do you sell products on ebay auctions at a good price? e.g selling at a profit?

Question

I have tried to sell stuff on ebay for three years, notably golf putters. but keep getting cheap bids for really expensive stuff that i'm selling. I was told to start bidding at $1. it did'nt work. I was told strat at $5 or $10. Still did'nt work. What do I do? The putters are Japanese and sell usually for about $500. I'd accept $400. How do you start the auction to get a reasonable offer. Last bid I got was $15 Please help!

Answer 1

Try researching "key words" (I think ebay offers this in their help section). There are certain words that you can include in your titles & listings that will attract more exposure and will help increase bidding.
Also. look in the "Want It Now" section prior to listing your items. There may be someone in need that you can target your auction toward.

Hpe this helps... good luck!

Answer 2

You have to go over your targeted profit margin. If you are willing to sell your putters at 400$+shipping while the retail value is at 500$, it won't be too attractive to the Ebayers nor profitable.

I really believe that you need to obtain your goods/putters at a lower price because most Ebayers are looking for great bargain; yes, they are "cheap".

Answer 3

The first thing you need to do, is a break even analysis.

Find out exactly what your costs are, and how much you need to sell for on ebay to break even. Figure in your listing fee, final value fee, and PayPal fee if you accept PayPal, and shipping costs, including packaging and postage.

Then you add your profit margin in, that is your starting price.

What you need is a well written ad on ebay.

An advertisement that will show people why your putters are a bargain at $400.00.

Answer 4

What you need to do is to list your items with a low, but not too low starting price, to attract bids. For your example, I'd say $5/10 sounds fine.

The secret to not seeing your items go for a ridiculously low amount is to set a reserve price. Set this at the very minimum you'd be willing to take.

Answer 5

In the early days of ebay- it was really easy to make big money. Now lots of people are doing it, so prices come down in a big way. Music shops probably suffer the worst.
Maybe offer a buy it now price?

Answer 6

Try selling them on buy it now with the price you want for them, give an accurate and detailed description and highlight the value of them.

Answer 7

buy cheap sell high!
if your buyin these at $500, is that retail price or trade price?
unless your buyin somethin trade price then go on to sell for retail price, your not gonna be makin much money, if any!

MJ

Answer 8

start it at a higher price. Or put a reserve price on.
If you want 400 then start it at 300