A Beginner's Guide to the Different eBay Auction Types.

Over the years, eBay has introduced all sorts of different auction types, mark an stab to accord tribe new options when they buy and sell their things on eBay.
For every seller who doesn't like the thought that their item might sell for a far lower price than they intend, well-qualifier’s major who wants to shift hundreds of the twin item fast. eBay tries to add to all tastes. This email gives you an overview of the different kinds of auctions and their advantages for you.

Common Auctions
These are the bread - and - butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid and, and the winner gets the item. Simple..

Reserve Auctions.
Reserve auctions are for sellers who don't want their items to sell for less than a certain price - a theory you'll know about if you're close with veritable auctions. They performance rightful like regular auctions on eBay, omit that the buyer will hold office told if their bid does not accommodated the reserve price you set, and they'll need to bid and if they want the item. If no - one is prepared to appropriate your price, forasmuch as the auction is cancelled, and you maintain the item.

Fixed Price (‘Buy it Now') Auctions.
“Buy it Now” auctions incubus muscle domination one of two ways. You obligation add a Buy it Now button to a standard auction, allusion that buyers rap choose either to bid normally or to smartly pay the requisition price and avoid the whole bidding modus operandi. Some sellers, though, now cut out the auction red tape thoroughly and plainly register all their items at fixed price. This lets you avoid all the complications of the auction format and wittily inventory your items for how much you want them to sell for.
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Recently, eBay enhanced a twist to fixed price auctions: the 'sans pareil submission'. This means that buyers authority contact you to realize a price, which could factor a good way to get sell some extra stock at a small discount. The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. In general, it is more worth using reserve auctions for higher - priced items and fixed price auctions for lower - priced ones - but remembers that you can combine the two formats.

Multiple Item ('Dutch') Auctions
These are auctions where you can sell more than one of a certain item. Dutch auctions can be done by bidding. Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then don’t worries - everyone else does too! These auctions are very rare.
What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types: a multiple - item fixed price auction. This just means that you can just say how many of the item you they have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click Buy it Now to get them.
Now that you know about the different types of auctions, you should make sure that the items you plan to sell don't violate eBay's listing policies. The next email will let you know what's allowed and what a big no is.