The Different eBay Auctions Types

Hey guys, for those who are just starting making money on eBayor are in the perspective to know how to make money on the internet, in order to attend all sellers test eBay gives you many choices to place your auction, if you want to sell your item fast or if you want to get the most high bid possible. Here’s a brief introduction to the different kinds of auctions that eBay offers.
Normal Auctions.

 
These are the standard eBay auction, the auctions everyone knows: you list an item some guy bid, others outbid him, he bid again, and the winner gets the item. Simple and fun.
 Reserve Auctions.

This works if you don’t want your items to sell for less than a certain price, just like the normal auctions (yeah those with a guy with a hammer). They are like normal auctions on eBay, except that if the buyer does not meet the reserve price you set on his bid; they’ll need to bid again if they want the item. If nobody is willing to meet your price, then the auction is cancelled, and you keep the item.

 Fixed Price (‘Buy it Now’) Auctions.

 Buy it Now auctions can work in one of two ways. You can add a Buy it Now button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process. Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price. This lets you avoid all the complications of the auction format and simply list your items for how much you want them to sell for this is pretty much alike to the former eBay express. Here’s where most people are making money on eBay.

 Recently, eBay added a twist to fixed price auctions: the ‘best offer’. This means that buyers can contact you to negotiate a price; this could be a good opportunity to sell some extra stock at a small discount. The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. For higher-priced items it is more profitable using reserve auctions and for lower-priced items the fixed price auctions is more reliable. But you can combine the two formats if you want.
 Multiple Item (‘Dutch’) Auctions.

 
 These are auctions where you can sell more than one of a certain item. Dutch auctions can be done by bidding. Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. These auctions are very rare and are a good opportunity to arm yourself with a stock for a lower price.
 
What is more common is when you have a lot of one item, and lists it using a combination of two auction types: a multiple-item fixed price auction. This just means that you can just say how many of the item you have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click Buy it Now to get them.
See? Is not that hard as you guess. Next time I will show you which items you must avoid to sell.
Chris N.D.

Do you want to learn more about auctions? Check this links to find out!

>> Ebay’s official word about auctions

>> Sky High Acutions a full eBay course to become a powerseller

>> Auction training course a thousand ways to make money on eBay

If you are interest in auctions you may read this other articles

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So what kinds of tools are we talking about? Well if you are at all familiar with internet marketing well then you know the jobs that most of these tools are created to accomplish. … After research comes building the descriptions and sales pages to put up on ebay’s auction site. Each of these sites needs to be managed during the auction as well as after the auction has ended.