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My general experience selling on ebay has been the exact opposite as it pertains to starting bids. As long as you're not selling really obscure items that have a very small market and you're not selling really common items that are over-saturating the ebay market, 99 cent starting bids are the way to go. They get a lot more watchers and thus more interest, and increase the chances of bidding wars near the closing time.
Posted by: brandon | May 05, 2012 at 07:50 PM
Thanks for the info, Brandon. Question: Do you charge shipping ?
Posted by: herculodge | May 05, 2012 at 08:37 PM
I have always charged shipping, but I exclude from the shipping price insurance and handling and cover that myself. So for something like a watch, if I were selling it I would probably charge $5.20 for small flat rate Priority and then I would pay for the insurance. That's not to say free shipping is not the way to go - it does have the advantage of an automatic 5 on your shipping DSR - I've just never done it that way.
Now again, low starting bids are not ALWAYS a good idea - just depends on supply and demand in the ebay market for the item you're selling.
Posted by: brandon | May 06, 2012 at 06:04 AM