{"id":4717,"date":"2008-09-10T15:03:32","date_gmt":"2008-09-10T20:03:32","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/09\/10\/how-to-sell-expensive-items-on-ebay-using-cool-tricks\/"},"modified":"2008-09-10T15:03:32","modified_gmt":"2008-09-10T20:03:32","slug":"how-to-sell-expensive-items-on-ebay-using-cool-tricks","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=4717","title":{"rendered":"How to Sell Expensive Items on eBay Using Cool Tricks"},"content":{"rendered":"<div style='italic;' class='uawbyline'>by Christopher Stigson<\/div>\n<p>The secret to selling expensive items is not any different from selling a low cost item. No matter the price, it&#8217;s all about marketing the item correctly. You don&#8217;t have to surf around and place <a href=\"http:\/\/www.worldwideads.org\/blog\" class=\"kblinker\" target=\"_blank\" title=\"More about Ad &raquo;\">ads<\/a> online, but you have to know what to do on the actual ebay site. So what you are doing is setting up an automated marketing campaign.<\/p>\n<p>First, you must determine what the value of your item is, in three different ways. This will help you determine what your reserve price is. On eBay, the reserve price is the lowest price that you are willing to accept for your item. So first just find out how much the item is worth on the actual market. Then you need to find what other items similar to the one you are selling have been sold for previously. And the final step is to determine what the value of your item is for yourself. Using this you can determine the lowest price you&#8217;d be willing to accept for it.<\/p>\n<p>Set your reserve price, and then set your opening bid price lower than $50 &#8211; no matter how high your reserve price is. This is a marketing tactic. It will be hard to attract potential buyers to an <a href=\"http:\/\/www.onedollarauctions.org\" class=\"kblinker\" target=\"_blank\" title=\"More about Auction &raquo;\">auction<\/a> for an item selling for hundreds or thousands of dollars &#8211; but getting them to an auction where the opening bid is only $50 is quite simple. Remember, you don&#8217;t have to sell the item to anyone who bids less than your reserve price &#8211; unless you choose to do so at the close of the auction. This method of price setting resembles marketing gimmicks used by offline businesses that are simply designed to &#8216;get customers in the door.&#8217;<\/p>\n<p>Work hard on the description for your listing. Use words that really describe your item well. Provide as many details as possible, including details that prove the authenticity of collectible items. Include pictures of the item as well. Do not try to deceive potential buyers! If the item has marks or scratches, simply be honest about it, and make sure that the pictures convey this as well. State how the item will be packed and shipped. Also let potential buyers know that shipping insurance must be purchased as well &#8211; in case the item is damaged once it leaves your possession.<\/p>\n<p>You should, if you can, use an escrow service. You should try to offer this solution to your auction since it makes potential buyers more comfortable with your offer. Make sure that they know they need to pay the fees for the service. This protects both seller and buyer from fraud and it makes customers more comfortable to buy an item. eBay has partnered with an escrow service that is commonly used for high ticket items.<\/p>\n<div class='uawresource'>\n<div style='italic;' class='uawabout'>About the Author:<\/div>\n<div class='uawlinks'>For more information on how to make serious money with ebay, please read this <a href=\"http:\/\/www.squidoo.com\/fourtierannihilationmethodbonus\">Four Tier Annihilation Method Review<\/a> right now&#8230; do not miss out!<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The secret to selling expensive items is not any different from selling a low cost item. No matter the price, it&#8217;s all about marketing the item correctly. You don&#8217;t have to surf around and place ads online, but you have to know what to do on the actual ebay site. So what you are doing is setting up an automated marketing campaign.<\/p>\n","protected":false},"author":201,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[87],"class_list":["post-4717","post","type-post","status-publish","format-standard","hentry","category-marketing","tag-marketing"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/201"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4717"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4717\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}