Buy it now how does it work

To set your Buy It Now price using the quick listing form, enter it in the Choose a format and price section. If you use the new listing tool , you can enter the price in the Pricing section. You can lower the Buy It Now price for fixed-price Buy It Now listings and for auction listings with no more than 12 hours left and no bids.

In some categories, you can offer personalization of the listed item. For personalized items, buyers have a free text field directly above the Buy It Now button where they can enter the information about the desired personalization. Provide information in the free form text field for your customers to tell them what you need in order to be able to personalize the item. Keep it short and clear. Auctions sometimes work well for lower quality stamps, especially in group lots.

But the market remains glutted. Best offer limits above auction start prices can give impatient buyers a way to buy before bidding starts. How many potential buyers and sellers understand how auction best offer works? Sellers in collectible categories like railroad color slides may achieve better results with auctions if the slides are high quality, older, and well presented.

Auctions began to die after ebay decided to cloak bidders. First of all, there was no auction in history before eBay where the auction ends while there are active bidders. That said, here are the only good reasons for listing an auction rather than fixed price: 1 You have a rare item with multiple buyers wanting it. Use them and start the bidding at what you would have listed them for fixed price. When you get a bid, end the auction early making the bidder the winner.

You might even mention you will do that in the listing. I have been on eBay 23 years and generally sell unique rare items often only one of eBay. But another major issue that killed eBay auctions is many people no longer trust them.

For example, a HUGE seller of antiques are artwork based from Rhode Island is using shills to raise the prices and has been doing it for years. I have reported this to eBay over times but nothing has ever been done. Maybe it was an oversight, but the author stated there were only two options on eBay: Auction listing or Buy It Now. In fact, there is a third option: auction listing with an option to Buy It Now. Not now. Auctions are all but dead, ebay no longer regulates duplicate listings.

So you can list 20 of the same items, flood the market and kill prices. The sad part is I started with auctions years ago when it was fun, lets see how this item does but now its hoping I even get a bid on it. There often is only a short window of time for a buyer to find a BIN listing — unlike an auction, which eBay runs for several days usually a week.

This happens often enough that there is now at least one company you can subscribe to, that constantly searches eBay listings for BINs meeting the search words you register, and sends those listings to your phone as soon as they appear if you want; you can tailor notifications as you like.

Buyers can offer you what they feel is fair and you can either accept, decline or counter offer. When you receive an offer, it will expire in 48 hours.

Keep in mind that other potential buyers can still submit offers in this time frame. Remember to leave wiggle room in your price when choosing this method. April Lyon is a successful entrepreneur and regular Thrifty Shopper patron with an eye for valuable items. She resides in Cato with her husband and three children. Check out her eBay page. For sellers, auctions present even more drawbacks, while fixed-price listings have a number of distinctive advantages.

Fixed price listings are the same as an in-stock retail item that can be purchased immediately, shipped quickly, and there is no price haggling. This option is attractive to buyers because of the speed of delivery, and it's attractive to sellers for these reasons:. Actively scan device characteristics for identification. Use precise geolocation data. Select personalised content. Create a personalised content profile.