Belt Auction

How can i make sure in ebay auction that bidders will exceed my item cost ?

hi there most of the sellers in ebay start their product auction from $0.99 ,so how they make sure that the bidders will bid more than the item cost.. i mean say X item cost me $10 and i put the starting bid from $0.99 then in the end of the auction how can i make sure that the bidders will exceed $10 ?!?

Public Comments

1. Start your bidding at $10!
2. You can't. Start the bid at the item cost so you can be sure you make or exceed what you paid for it.
3. There isn't a way. The only thing you could do, is to set a reserve on it. But there is a minimum reserve you have to set. I know in the UK it is £50.
4. you can set a reserve price, which if not met or exceeded, the auction will be canceled.
5. yeah either start your bidding at $10 or set a reserve price, also you can take the product of at any time if you dont feel your getting a good price for it
6. You could do one of two things: 1. Put a reserve price on the item 2. Make your money on the shipping
7. you should have started the auction at 10 and i think u can set a minimum bid..
8. I am an avid ebay seller, and what you have to do is go on ebay and search your product. If people are selling it and people bid over $10 for it, then you know that you will make that much. For example; I sell a baseball card and I see that it's selling for up to $25 US dollars. I put it at 0.99, and then I write a lot of stuff about it, such as "mint condition, extremely rare, etc etc." I ended up making $30.00 on it. So just research it first. If worst comes to worst, put a reserve on it. Email me @ moosefacexd@hotmail.com for more help
9. Set a reserve price. Here's how it works. Lets say you want to start the bidding at $1 to attract lots of attention, but you don't want to sell for less than $20. You set a reserve price of $20 when you set up the listing. Then when someone looks at the listing and the price is still below $20, it will say "reserve not met." It won't tell buyers what the reserve price is, only that it has not yet been reached. When the price goes above $20, the message will change to "reserve met." If the final price of the item exceeds your reserve price, then the sale continues like normal. The buyer sends payment and the seller mails the product. If the final bid is below the reserve price by even one penny, then the sale is canceled. The message of "reserve not met" alerts buyers that if the price does not go up, the sale will not happen. When you set up your listing, you'll pay a fee for setting a reserve price, plus your listing fees are based on the reserve price. So it costs you an extra dollar or two but its a good way to protect yourself if something is valuable and you're worried about it selling too low.