Do I have to pay immediately after successfully bidding on eBay? What are some auction techniques?

There are many ways to place orders on eBay. In addition to the common direct purchase order, you can also participate in the auction. As long as the auction is successful, you can purchase related products. Some people don’t know the payment time regulations after the auction is successful. Let me introduce it to you below.

After a buyer bids for an item on eBay, it is best to pay within 5 days. If the buyer does not pay, the seller may open an unpaid dispute to urge the buyer to complete the transaction.

If the buyer is unable to pay on time due to other circumstances, he can also inform the seller in advance. At this time, the seller will also choose the best solution based on time. If the buyer has been delaying payment, the seller can also complain to the buyer at this time. Therefore, generally speaking, the most reasonable payment period for an item is within 10 days. Otherwise, the longer you delay, the more unnecessary troubles will arise.

What are the auction techniques?

1. Site Selection Recommendations

For eBay, from the 7 currently open sites, the auction model corresponds to corresponding categories in different sites, and the product results are also different. In addition to this, the most important thing is that sellers on each site will face different buyers.

If you want to choose a country based on the performance of eBay auctions for products in the same category, the United States would definitely be the first choice.

2. Publishing skills

The auction rules are very simple, much simpler than listing other products. The closer to the end of the auction, the greater the product traffic will be. In other words, every product has the potential to be on the hot-selling homepage.

1. Product selection

(1) Non-standard products: A product may have different buyers with different needs. The auction effect of such rare products is greater than that of products that are universally recognized.

(2) Hot-selling items: Auctioning some hot-selling items as auction products has more advantages in price setting, such as lowering the price. However, the final transaction price of the product after the auction must be lower than the fixed price by a certain percentage.

(3) For high-priced products that are used to clear inventory, the efficiency of placing orders for such products in the form of a previously set fixed price is too slow. You can use the auction model for trading, because in the auction model, one bid is one order, which is more conducive to clearing the inventory of products!

2. Price Setting

Most sellers never pay attention to price setting when they are auctioning. Here I will briefly talk about the effects of price setting in the auction mode. The lowest recognized starting price + free shipping on the eBay official platform, followed by the lowest starting price + free shipping recognized by the seller. This is my own personal opinion, does not represent the official opinion, and is for reference only.

3. Shelf time

The closer the auctioned product is to being taken off the shelves, the higher its ranking will be. This is the peak purchasing period that everyone is familiar with. In this mode, you can tell as many customers as possible about the future status of the product when the item is about to be taken off the shelves, thereby attracting more customers' attention. Of course, not all products will bring traffic to the store in this mode.

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