Hi everyone, today I am going to tell you how to save some money on ebay auction fees. We all know that once a month ebay hits you with their bill. My bill is usually in the thousands each month in auction fees. But, believe it or not, I probably save my self at least a thousand dollars a month with some sure fire tips. The tips I will tell you about are very well known. Lots of powersellers use these same tips to reduce auction fees. You may not save thousands of dollars, but you will see a huge decrease in your monthly ebay bill, if you use some of these tips.
Use dutch or multiple item auctions. These types of auctions will allow you to sell multiple items in one auction. If you have multiple items that are the same, this type of auction comes in handy. You can sell multiple items to be sold as bulk to one lucky bidder. Or you can sell multiple items to many different ebay users with buy it now. When you list multiple items in one listing, you only pay for one auction. This alone can save you tons of money each month. Sometimes a person will miss out on your auction and offer you a deal for one of the items for sale. Ebay doesn’t recommend this type of practice, as it would be an outside deal. But I can’t say people don’t do it.
Don’t pay for the extra pictures and services. learn HTML, it’s very easy and it will save you tons of dough. With HTML you can place pictures into your auction for free. You are able to add your own add-ons that ebay will ordinarily make you pay for. All these little add-ons is how ebay makes their money. Millions of people pay for these same options that you can place for free right into your auctions with HTML. Plus you get the benefit of using a professional looking auction template with custom options to your liking. By using HTMl in your auctions will also increase your sales.
Use second chance offer. Second chance offer gives the person who came in second on the bid war, to win the auction at the price they ended their bidding at. If the bid war ended at 50 dollars. And the second place bidder bid $49.99, you can offer the item to them. Usually that person is so mad they lost out on the auction, that they are happy you offered them a second chance offer.
Relist your auctions that don’t sell.Yes, if you relist your auctions the second time around it is absolutely free. On the condition that it sells. But most auctions sell the second time around. Some categories don’t let you do this, but most of categories will give you this great discount. Lots of ebay members don’t know about this little trick. Use it and you will save!
Open an Ebay store. Having an ebay store can save you lots of money because the item can stay up for weeks. The listing fees for each item is really low with an ebay store. If you are good at drawing traffic, your ebay store will not only save you money, but it will be a gold mine.
Use the pricing pyramid for starting prices. For example, if you are selling an item for $25.00 the auction fee is $1.20. But if you list it at $24.99 the auction fee will be $0.60. You can save your self some good dough by keeping the pricing pyramid in mind. Ebay’s pricing pyramid is right here
http://pages.ebay.com/help/sell/fees.html
If a buyer doesn’t pay get your auction listing fees back. Did you know if someone doesn’t pay, you can get your auction fees returned. That’s right, go to your “my ebay” and look for the customers who bought stuff from you. Now give them a payment reminder. You can give them 2 more payment reminders, through a stretch of about 2 weeks. If they don’t pay for the auction on the third payment request, ebay will refund your auction fees. Just click onto refund auction fees next to the non-paying customers name in your “my ebay”.
Use ebay promotions to your advantage. Every once and a while ebay will give you free auction listings. Other times they will take a percentage off of each auction listing. Use these auctions to your advantage. List as many auctions as you can on these days. After all, even if they don’t sell, what did you lose?
This should save you all tons of money when that monthly ebay bill comes in.
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Thank you for stopping by,
Lisa
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