Auction Business & eCommerce Frank Ross on 04 Feb 2007 06:29 pm
Can’t Judge Just 1 Auction Listing on eBay
Hmm. I did my research on product “x” and made my ’safe’ initial purchase from the supplier (one case of 6). Cost per item was $3.27; not a real mainstream item. It was mainly to pump up an order for some other things from the same supplier.
Typically, when I get something new in, I put them in the eBay store and send them to auction listings one by one. Each auction listing of course, has an invitational link to buy the item from the store where shipping is free.
The first auction listing was a failure. The item only sold for $3.76 - didn’t even make break even. I thought to myself - oh well, guess I won’t reorder those.
But wait! The next auction a week later sold for $10.87! Not only that, but within the last 12 hours of the auction, 2 were sold from the store at $12.95. What?
Well sometimes you just can’t tell by one listing and it’s always worth a second look. Sometimes eBay can be a very irregular market. By the way, nothing changed in the listing - only the week it was listed. Guess that product will make my ‘reorder list’ after all!
Tags: eBay Selling, Selling on eBay, Selling Products on eBay, eBay Listing Success