Originally Posted by FaceOfBoh
To echo suited, when I list I want to make sure I'm not going to lose money. Therefore, no 99 cent auctions.
I dabble with free shipping, especially on higher value items over $100. I seem to recall that Free Shipping might have your listing appear higher in the search results.
I think it's also helpful to be choosy on the input supply side i.e. what you're picking to flip. Be sure of your margins and don't waste time on low-margin items. Note: low-margin is something we have to each define for ourselves - someone may be happy clearing $20-$30 / item while someone else sets their benchmark at $75. It's about finding a balance between quality vs quantity/volume.
Also, you want to consider how much inventory you can reasonably carry because you want to consider your mix of auctions vs BIN. I'm becoming a big proponent of setting a price (with maybe a Best Offer) and letting it ride. The right buyer will come along.
Yeah, as soon as I realized that this wasn't going to be tax free (and how much time it was going to consume), I started passing on things I might have otherwise purchased, just because the margin wasn't really worth it. This is especially true for things like shirts, because they require the most prep work for the photos. If it's a pair of shoes, not a big deal since those can be photographed in a jiffy and there aren't a bunch of measurements I need to take - so I'd be okay with a smaller margin there.
I do use some $0.99 auctions every once in a while. If I find some shirts that aren't in great condition, I will auction them at 99 cents. I've done it on occasion for nice things, too, just to drive traffic, but it only makes up a very small % of my items.