Selecting a Price for Your Item
Selecting your starting price requires balancing between how much money you want for the item, and what buyers will pay for it. As part of your pricing strategy, you can research the ending bids for similar items. You can look at similar item completed eBay listings using the completed listings search.
Setting your price involves not only deciding the starting price of your item, but also selecting pricing options based on which selling format you select.
Pricing for the auction-style listings
The starting price is the lowest price you are willing to sell your item (unless you also specify a reserve price). Bidding will start at this price. Sellers have found that setting the starting price too high may discourage bidding. Many auctions start at £0.99 and sellers use reserve pricing to ensure they sell the item at the amount they want.
If you do not want to sell your item below a certain price, you can specify a reserve price. A reserve price is an option you can use to stimulate bidding on your listing and reserve the right not to sell below the price you want.
· If you have a problem with your winning bidder, you can make an offer to a non-winning bidder under certain conditions. This Second Chance Offer contains a Buy It Now price equal to the non-winning bidder's bid amount.
Pricing for multiple item listings
You need to enter a starting price of at least £0.99. Learn more about Multiple Item Listings.
Pricing for fixed price listings
Enter the price at which you wish to sell your item or items as the Buy It Now price.
When you list with Buy It Now, you can also select the Best Offer Feature.