Auction or But it now?
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‎06-12-2024 08:31 AM
Hello Community! I am selling knitting / crochet magazines that range in date from the 1980s to the 2010s. Which would probably bring me better success in selling - auction, buy it now, or use both?
Auction or But it now?
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‎06-12-2024 08:38 AM
@kalenageist I recommend checking sold listings to see what resulted in the best sales price.
If you choose the auction format then be sure to start te auction at a price you'll be happy with if you get just one bid. Don't use reserve price as it's an extra 7.5% fee even if the item doesn't sell.
Personally I only use Auctions for items that rare or in high demand. Buyers really like Buy It Now listings better for most items nowadays. You could use a Buy It Now price that is a bit higher than what you hope to get with the Best Offer option. OR just use Buy it Now and then if you get watchers you can send offers to buyers if you choose to do so.
Hope I didn't lose you with too much info. Let me know if you have questions.
I have been a seller since 2003
Auction or But it now?
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‎06-13-2024 08:07 AM
Thank You! This is helpful. No you didn't lose me with too much info. 🙂