set it at the lowest you would accept.Originally Posted by marnold
you could do it this way
"Buy it Now: $400
your reserve (obviously hidden) $335
OK, this is all hypothetical at this point, but I'd like to ask you eBayers for some advice. I've bought stuff on eBay, but never sold. If I'd want to sell my Fender and I'd want to get $400 for it (don't know if that's possible, but stay with me here), how would I list it? Would I want to set a reserve price at $400? I know that if I don't set a reserve or anything I'm obligated to sell it at whatever it goes for. Thoughts?
Axen: Jackson DK2M, Fender Deluxe Nashville Telecaster, Reverend Warhawk 390, Taylor 914ce, ESP LTD Surveyor-414
Amphen: Jet City JCA22H and JCA12S cab, Carvin X-60 combo, Acoustic B20
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set it at the lowest you would accept.Originally Posted by marnold
you could do it this way
"Buy it Now: $400
your reserve (obviously hidden) $335
Mark
* Loud is good, good is better!
Put a BIN for $450- $500
And a best offers underneath
Fixed Price
You list your items at a set price, so buyers can purchase immediately (no bidding).
You may also include the Best Offer option in your Fixed Price listings. This enables you to consider offers from buyers who will name their best price.
Quantity: Offer one or multiple items for sale at the Buy It Now price anytime during the listing.
Where: Your listing appears in the eBay category (or categories) you choose and in search results.
3, 5, 7, 10, or 30 days, or Good 'Til Cancelled.
Note: Good 'Til Cancelled renews automatically every 30 days until the item sells or you end the listing. Insertion fees charged every 30 day period.
Insertion Fee to list
Final Value Fee charged
See fees for more information
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I don't know - the hidden reserve has always bugged me - if someone has a minimum, I'd just as soon know up front and then if I still am interested, I'll bid. Maybe I'm missing some kind of psychology there... When I've really had a bottom line price I want, I've always just set the initial bid at that price, or close to it. In that case, I've often found that you don't get bids till late in the process, so it can be a bit nerve wracking, but if that's your lowest price, you'll see if someone is willing to pay it. You can always re-list if it doesn't go.
As suggested by Mudcat, you can also set a Buy it Now price at a few bucks higher than your starting bid, too.
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I think it's better to set a starting price rather than set a reserve. That's what I did when I sold the Daytona 500 tickets I had on eBay.
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Set the starting price to $400 and maybe a BIN price at $425?
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That's pretty much what I did with that Nashville Tele I sold recently. Set a $400 reserve (minumum I'd accept) and a Buy It Now price of $450. Ended up getting $410. The BIN disappears when the reserve price is met, unless you set it up as a BIN-only auction (in which case, there's no separate reserve).Originally Posted by Robert
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Matt,
If you are wanting to make sure you pocket $400....then you have to make sure you cover Ebay and Paypal Fees. If it sells for $400 then your ebay fees (listing and final value) will come to about $30...so you are down to $370 and then about $25 for paypal...so you are down to $355
In other words...if you want to net $400.....sell it for about $450-$500
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have you considered craig's list? free listing and no fees....
Guitars: Gibson 1998 Les Paul Special : Peavey Predator (Early 90's Fat Strat Copy) : Ibanez GAX30TROriginally Posted by just strum
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I like the eBay fee calculator - http://ebcalc.com/
The Law of Gravity is nonsense. No such law exists. If I think I float, and you think I float, then it happens.
Master Guitar Academy - I also teach via SKYPE.
Craigslist isn't a bad idea. I never use reserve prices when I sell on Ebay and I refuse to bid on anything that has a reserve price. It's a waste of the buyer's time. I don't see anything wrong with setting your minimum bid at the least amount you would accept. As was already stated, be aware of the fees you will pay.
Patrick
Just one thing to be careful of on Craig's List--scammers. I tried listing my Nashville Telecaster on the Albany NY area Craig's List, and I got response after response from scammers. These clowns all have the same line--they're always from out of town, generally claim to be traveling on business or on vacation, but really want the item s-o-o-o badly. They will pay you (often more than your asking price, for your "trouble") with a money order and arrange to have the item picked up by a shipper as soon as you've received & cashed the MO. If you fall for this, the guitar gets shipped to some generic receiving location, and a week or two later, your bank gets notified that the MO was a fake, and debits your account accordingly. Voila! No guitar, no money, and no chance of recovering either. So if you go with Craig's List, insist on a face-to-face, cash transaction. This will eliminate 99% of the scams.Originally Posted by warren0728
DVM's Ever-Expanding Gear List:
Guitars - W-A-A-A-Y-Y too many to list. Check 'em all out HERE
Amps & Cabs - "Kap'n Kerrang-aroo" BYOC 18W TMB kit amp head; Mojave Coyote head; Fender Hot Rod Deluxe Lacquered Tweed Ltd. Ed.; Allen Sweet Spot kit amp; BYOC Tweed Royal kit amp; Epiphone Valve Jr. combo + mods; Drive 2x12 cab / Celestion G12M Greenback + G12H30; AB Custom Audio 1x12 cab / Celestion Alnico Blue
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absolutely....and that's what i like about craig's list....local transactions....no shipping....Originally Posted by duhvoodooman
Guitars: Gibson 1998 Les Paul Special : Peavey Predator (Early 90's Fat Strat Copy) : Ibanez GAX30TROriginally Posted by just strum
Brownsville Reso - 101 Electric Reso : Fender GDO-300 Maple Quilt Top Acoustic
Amps: Fender Super Champ XD
Effects: Digitech RP250 Modeling Guitar Processor : DVM "Phased and Confused" Script Phaser Clone : Digitech Bad Monkey
Danelectro Cool Cat Chorus : Behringer Distortion Modeler : Ernie Ball Volume Pedal : Dunlop Cry Baby Wah
I'm beginning to get the feeling that this just isn't going to be worth the effort.
Axen: Jackson DK2M, Fender Deluxe Nashville Telecaster, Reverend Warhawk 390, Taylor 914ce, ESP LTD Surveyor-414
Amphen: Jet City JCA22H and JCA12S cab, Carvin X-60 combo, Acoustic B20
Effecten: "Thesis 96" Overdrive/Boost (aka DVM OD2), Hardwire DL-8 Digital Delay/Looper, DigiTech Polara Reverb, DigiTech EX-7 Expression Factory and CF-7 Chorus Factory, Danelectro CF-1 Cool Cat Fuzz
"I wish Imagine Dragons would be stuck in an Arcade Fire for an entire Vampire Weekend."--Brian Posehn
list it on craig's list and see what happens....i got my super champ xd and my prs on craig's list....Originally Posted by marnold
Guitars: Gibson 1998 Les Paul Special : Peavey Predator (Early 90's Fat Strat Copy) : Ibanez GAX30TROriginally Posted by just strum
Brownsville Reso - 101 Electric Reso : Fender GDO-300 Maple Quilt Top Acoustic
Amps: Fender Super Champ XD
Effects: Digitech RP250 Modeling Guitar Processor : DVM "Phased and Confused" Script Phaser Clone : Digitech Bad Monkey
Danelectro Cool Cat Chorus : Behringer Distortion Modeler : Ernie Ball Volume Pedal : Dunlop Cry Baby Wah
My only issue with Craig's List is that I live in a tiny town. Green Bay is 1/2 hour away. I guess I wouldn't have anything to lose.Originally Posted by warren0728
Axen: Jackson DK2M, Fender Deluxe Nashville Telecaster, Reverend Warhawk 390, Taylor 914ce, ESP LTD Surveyor-414
Amphen: Jet City JCA22H and JCA12S cab, Carvin X-60 combo, Acoustic B20
Effecten: "Thesis 96" Overdrive/Boost (aka DVM OD2), Hardwire DL-8 Digital Delay/Looper, DigiTech Polara Reverb, DigiTech EX-7 Expression Factory and CF-7 Chorus Factory, Danelectro CF-1 Cool Cat Fuzz
"I wish Imagine Dragons would be stuck in an Arcade Fire for an entire Vampire Weekend."--Brian Posehn
exactly....and you could arrange to meet half way if someone is interested....only 15 minutes for both....Originally Posted by marnold
Guitars: Gibson 1998 Les Paul Special : Peavey Predator (Early 90's Fat Strat Copy) : Ibanez GAX30TROriginally Posted by just strum
Brownsville Reso - 101 Electric Reso : Fender GDO-300 Maple Quilt Top Acoustic
Amps: Fender Super Champ XD
Effects: Digitech RP250 Modeling Guitar Processor : DVM "Phased and Confused" Script Phaser Clone : Digitech Bad Monkey
Danelectro Cool Cat Chorus : Behringer Distortion Modeler : Ernie Ball Volume Pedal : Dunlop Cry Baby Wah
Never had any experience with craig'slist, so I can't comment, but mrmudcat and Robert both offer good advice. Set a BIN price at a higher, but not unrealistic, level and set your starting price at the minimum you'd take. I, like others, despise a "reserve price". I refuse to bid on something with a reserve, unless it's something I really like and I'll play around to see what it'd take (usually, I'm low-balling just to "test the waters".)
Kazz is right though, between eBay's and Paypal's fees, you'll lose a chunk of change, so set your starting price accordingly. If you're flexible with your minimum price, you might want to try the "make an offer" mentioned by mrmudcat.
Good luck to you!
I usually just set it as buy it now with no auction-that's the price I'm selling it for-
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