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Buying and Selling on eBay: Tips, Tricks, Problems & Questions

Discussion in 'Classic Menswear' started by HansderHund, Jul 27, 2012.

  1. HansderHund

    HansderHund Senior member

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    No worries, this is only from outside the EU. They can't restrict sales within the EU as, for all intents and purposes, it's not really importing or exporting. I don't know how difficult it is to get things to Italians and Greeks from outside the EU.
     
  2. Jpmorris

    Jpmorris Senior member

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    No one really addressed it earlier, so ill ask again because I think it is an issue all new ebayers such as myself struggle with. Initial pricing, as a whole, do you guys prefer to start low to generate interest, or start high to ensure a good value? Also, any point in having an Ebay store if almost all of my items are auction format?
     
  3. capnwes

    capnwes Senior member

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    I set my free shipping auctions with a start price that covers the shipping (90 day average) plus cost of the item, packaging and a little profit. Usually around $30. If I get only one bid, I make a little money. The Free shipping subconsciously attracts bidders, opposed to the same item with a lower price and a shipping cost.

    Use this link to calculate the value of opening a store. It will help you see what the best choice for you is.
    http://pages.ebay.com/sellerinformation/news/FeeIllustrator.html

    Once you have a store, try to become a top rate seller.... you will get an extra 20% discount on FVFs (there is a toggle for this discount in the fees illustrator above.)
     
    Last edited: Aug 2, 2012
  4. HansderHund

    HansderHund Senior member

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    I'm still experimenting with this. Right now, I'm doing a mix of auctions that have a low starting price, items that are straight BIN and some that are BIN/OBO. I personally have eliminated the auction + BIN simply because they always sold at auction, no one exercised the BIN.

    I do find that for shirts, I do better with a BIN. Shoes have done well with an OBO. My acceptance of them has been at about 80% of the BIN price and that includes a small increase to allow for low-ball offers.

    Specialty items with in-demand names go for straight auction. The market tells me what they're worth.
     
    1 person likes this.
  5. capnwes

    capnwes Senior member

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    In addition, as a store "owner", you will occasionally get extra days (sometimes weeks) of free listing periods, not available to the simple seller. I don't believe these promotions are shown in the illustrator.

    Also top-rated sellers shipping at higher volumes get discounts on priority shipping through the ebay shipping tool. Around 30% or so. It is actually cheaper to ship priority on most items under 5 pounds, provided they are not being sent coast to coast.
     
  6. ruben

    ruben Senior member

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    found in my favor and refunded him the initial shipping, he was still on the hook for the return shipping.

    As the guy on the phone at ebay put it: [when there's nothing wrong with the item] the buyer is responsible for shipping both ways, otherwise it would just encourage unaccountable buyer's remorse".




    As for starting prices, I usually start things at around $4.99, or $9.99. The exception being item's I've bought for myself where I just want to get as much of my money back as possible, and don;t want to risk losing a bunch.

    I've noticed a lot of people from the thrift thread doing fixed price auctions which I don;t really use. I supposed it's good for less desirable things, like asking $79 for a HSM suit and hoping some rube buys it, but I imagine the stuff just piles up.
     
  7. VLSI

    VLSI Senior member

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    A lot of the high end brands have a smaller target audience than Robert graham, Hugo boss, etc. Using fixed price format allows you to sell the item for what it's really worth by waiting for the right buyer to come along. Otherwise you end up selling nice things for the starting bid because you just didn't get enough traffic on your listing. I've done a lot better price wise with fixed price listings. However, sometimes you want to turn over inventory and don't feel like sitting on things for weeks or months.
     
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  8. Brianpore

    Brianpore Senior member

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    +1

    If you buy/sell pretty much anything you will find in the long run, people will pair a fair market price for an item if reach a large enough audience. The problem with ebay is that you rely on people finding your item with a fixed time frame. It you price stuff fairly, its not as much about the price as just waiting for the right person to come along and find it.
     
  9. HansderHund

    HansderHund Senior member

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    Yeah, when I have auctions running and very few views and no watchers, I start to get a bit worried. However, with fixed-price listings, I know it only takes one person to click "sofort kaufen" (buy it now) to make the sale.
     
  10. New Shoes1

    New Shoes1 Senior member

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    On this point, what is a fair buy it now price for a new with tags charcoal or navy suit that is solid or has a subtle pattern? I'm thinking something pretty nice like Samuelsohn, Polo, Corneliani, Canali, etc.
     
  11. HansderHund

    HansderHund Senior member

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    If you're in the market, I'd say somewhere between $500-700 and the same (or possibly a bit more) in €€€. If you're selling, obviously style, age, construction and size make a huge difference. Small sizes sell well because they aren't seen as often. I'd guess the sweet spot would be what the average man wears.
     
  12. ruben

    ruben Senior member

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    That seems really high to me.
     
  13. HansderHund

    HansderHund Senior member

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    I give those prices with Corneliani and Canali in mind. I'd also say that I think it's hard to find these in navy. Like everything, I'm sure the deals are out there. It would also probably go way down if one were looking for something less "staple."
     
  14. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    I think in 9,000 transactions, Ive done like 20 BIN OBOs. I believe in market value. :)
     
  15. Brianpore

    Brianpore Senior member

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  16. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    Ive got a tidbit to offer -

    When you make a second chance offer, (I noticed for myself, anyhow) that they 99.9% of the time don't take it - even if you have one of those situations where your auction ends at 6:01, winner messages you at 6:02 they hit an extra 0 on their keyboard, you check the bid history, and the next bidder bid at 5:59. You send the SCO and *poof* nothing.

    So, lately when I send a SCO, I message the buyer directly (you know you can't message a second bidder, the system circumvents it) right after sending it, saying they just got a SCO from me, and its a great price, etc, etc. That one message has increased my rate of SCO acceptance. Just saying, its a 2 minute thing thats worth a shot.
     
  17. Frankie22

    Frankie22 Senior member

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    How does a noob maximize their chances of winning an auction when there is an extended auction time period?
    I assume the real bidding happens during the last 10 minutes of the sale?
    Is there a strategy? What's the strategy going in if you want the item (aside from bidding more and more, that's a given).
     
  18. VLSI

    VLSI Senior member

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    http://www.gixen.com/index.php

    *edit* This crap pisses me off.

    http://www.ebay.com/itm/251082618968

    That jacket is not Loro Piana!
     
    Last edited: Aug 2, 2012
  19. Brianpore

    Brianpore Senior member

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    What do you mean "an extended auction time period"? Unlike a lot of other auction sites, ebay has fixed time auctions that do not extend. When the auction ends, it ends and you have to be the high bidder.
     
  20. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    While I never do, a lot of buyers use sniping programs. Im a believer in putting in your best bid close to the end, and if you get outbid, c'est la vie.
     

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