Tips

Unsocial hours. In any book about eBay you will find tips on when is the best time for auctions to finish. The most suggested times for most items are Sunday afternoon and evenings and Wednesday evenings. Some experts suggest that for business related items Monday or Tuesday during office hours are best. If you accept that there are times when you will get increased bids for your items there must also be times when if your auction ends you will not do so well. If you have an auction that finishes between say 5 am and 8 am on a Monday morning you will not have too many people lurking to place last minute bids to push the price up. Again buy and re list with your auction set to finish at a more sociable time and you could easily make a 20% or more profit for very little effort. Buy Collections. One of the easiest ways to make money on eBay is to cash in on other peoples laziness. If someone has say a collection of 10 china dogs, it is a fact that if they put all ten in one listing as a collection they will get less than if they had listed each item separately. But it is amazing how many sellers cannot be bothered to do this. Other online auctions. Over 95% of all online auction sales are on eBay. They have the largest number of registered buyers and items listed for sale. For this reason items offered for sale on eBay get the best prices. So why not search around some of the smaller online auctions, because in many cases items listed with them will not attract such a good prices as could be achieved on eBay. Then all you have to do is buy from them and relist on eBay. Make sure you spell your item correctly in the listing! Many people lose money on eBay because of a simple typo. When the item is misspelled, potential buyers have a hard time finding the item. This reduces competition from bidders and results in a very low winning bid. Be friendly and prompt in your eBay communications. To make good money, you need to build a positive reputation.