Auction and Buy Now?

[phdeed.6azjyh]

we have some top-notch cut-crystal glasses we have put up for Auction (with a reserve price) and have added a Buy Now option...does this make sense?

[1956glyn]

Hi

It makes sense if you want to pay Ebay a small fortune in unnecessary fees 😞

Go to help and contact at the top of the page and search Ebay fees for  sellers and have a good read

If you start a listing on auction format and add a buy it now......as soon as someone bids at the lower price then the BIN option will disappear and is no longer an option and the listing will then run to the end.       Thats a waste of 50p in my opinion.   This is classed as a listing upgrade and costs 50p. 

So far as reserves are concerned these can be expensive.   Again using a reserve is classed as a listing upgrade .  Ebay charge you 4% in fees on the reserve price set.   This is payable even if the reserve is not met and the item goes unsold. 

What i do is.....

Either list an item on auction format and start the listing off at the lowest price you will be happy to sell it for...just in case you only get one bid

OR    List an item on Buy it Now and maybe add the best offer option on the listing.

It is really easy to rack up Ebay fees so you must be very careful not to use expensive upgrades if you can avoid them.