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eBay Hacks
book

eBay Hacks

by David A. Karp
August 2003
Beginner
368 pages
9h 38m
English
O'Reilly Media, Inc.
Content preview from eBay Hacks

The Strategy of Listing Upgrades

Perform a simple cost/benefit analysis to determine which listing options to use.

An extra-cost listing upgrade pays for itself if it increases the auction’s closing price by at least the cost of the upgrade. But no upgrade is a guarantee, and it can be difficult to predict which ones will be effective without first doing a little research.

For example, the Gallery option, which includes a tiny photo of your item in search results (shown in Figure 4-2), costs 25 cents. Presumably, a Gallery photo increases traffic to an auction, which can lead to more bids and a higher closing price. But it also takes time to prepare a proper Gallery image (see [Hack #64]), and while 25 cents doesn’t sound like much, listing fees can add up fast. So, you may want to be selective with the Gallery and other listing upgrades you use.

The Gallery option is sometimes worth the cost and trouble if it ultimately raises the closing price

Figure 4-2. The Gallery option is sometimes worth the cost and trouble if it ultimately raises the closing price

Table 4-1 lists the available listing upgrades, their costs, and recommended minimum prices for which they should be used. (Note that some of the fees are different for specialty items, such as autos and real estate.)

Table 4-1. Available extra-cost listing upgrades

Listing Upgrade

Cost

Minimum price (recommended)

Affects search results

Affects listing page

Buy-It-Now

$0.05

$0.00

10-Day Listings

$0.10

$10.00 ...

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Publisher Resources

ISBN: 0596005644Catalog PageErrata