When listing items on our eBay store, I follow a streamlined process. Since I don’t have the time to constantly tweak listings and adjust prices, I’ve developed a method that’s both simple and effective. This approach minimizes hands-on management while still delivering good results for my business.
Step 1: Research Sold Items on eBay
First, I use eBay to research what similar items have sold for. By doing a quick search and filtering for completed sales, I can see the high and low price points for my item. This gives me a solid understanding of the market value.
Step 2: Set the Initial Price
Next, I list the item at the higher end of the price range I found during my research. If the high price included free shipping, I deduct a round number from my price since I charge for shipping separately. I use calculated shipping, so I weigh the item in its packaging and input these details to ensure accuracy.
Step 3: Enable Best Offer
I enable the Best Offer option, allowing buyers to send offers if they don’t want to pay my asking price. I also set up auto-decline for offers below a certain amount, saving me time on lowball offers.
Step 4: Listing Duration
I list items for 30 days without using the GTC (Good ‘Til Cancelled) option. After 30 days, I prefer to renew the listing, as I’ve found better results with this approach. However, feel free to experiment and see what works best for you.
Monitoring and Adjusting
Once the listing is live, I monitor for sales and offers. The calculated shipping ensures I always collect the correct amount, avoiding unexpected losses. Occasionally, I might accept a lower offer just to move inventory, but I’m careful to avoid deals where shipping costs would eat into profits. Even if you sell an item for $1, ensure you actually make that $1.
Final Thoughts
This method works well for my business, balancing time efficiency with effective sales. Give it a try and let me know what strategies you use for your listings!
