eBay Auctions – Reference and Guidance

 

How Buy It Now Works for Sellers

 

Home Page

 

Value an Item Index

 

Best Bargain Index

 

eBay Shops Directory

 

eBay Auctions Reference

 

Website Development Methods

 

eBay Charity Auctions

 

LinSysMat Price Analysis

 

eBay Tips & News 

 

Search eBay UK

 

Want-it-Now

 

 

Whilst many eBay buyers are quite happy to wait for 3 days, 5 days or even 10 days for an auction to end; some are not, and want to make their purchase instantly.

 

So you can offer buyers the instant purchase option of “Buy It Now” on listings, using either the fixed price format, or the conventional auction style listing.

 

If you opt for a listing to be in Fixed Price format, all you need to do is enter the price at which you are prepared sell your item and then a buyer is able to place a bid for that amount and the purchase is completed immediately.

 

To qualify to sell items using the Fixed Price format it is necessary for you to have:-

 

  • Minimum feedback of 10
  • OR, be verified for Direct Debits for paying eBay fees
  • OR, have a minimum of 5 feedback score AND accept PayPal as your method of payment.

 

If you are using traditional auction format listings, you can include Buy it Now as an option. This will allow buyers to place a bid in the normal way or alternatively to select the Buy it Now option by entering a bid equal to the amount that you specified for an instant purchase. As soon as the Buy it Now option is selected by a buyer, the auction will end and you will be sent an automatic notification by eBay.

 

If a buyer submits a bid (and the bid meets the reserve price if you have set one) then the Buy It Now icon is removed and the auction proceeds to a conclusion in the normal way.

 

You can also sell multiple items in a single listing using Buy It Now, but to qualify, you will need:-

 

  • To have been registered with eBay for at least14 days and also to have attained a 20+ feedback score.
  • OR be registered for Direct Debits for the payment of eBay’s fees.
  • OR Accept PayPal for seller payments AND have at least 10 feedback score.

 

For Buy it Now, used in conjunction with auction format listings, the minimum opening bid must be at least £0.99.

 

Google


WWW www.linksmultiple.co.uk

 

 

Copyright 2005 LinksMultiple - all rights reserved. No part of this information may be copied or reproduced without prior written permission.

Please note: this page contains uniquely identifiable codes to trace unauthorised replication.