With the rapid development of the cross-border e-commerce industry, the eBay platform is one of the more well-known cross-border e-commerce platforms. On the eBay platform, many sellers use auctions to sell products, and the auction time is It is decided by the seller, so can the eBay auction end early if there are no bids?
If a seller wants to end the auction early on the eBay platform, the item must be lost or damaged, the starting bid price is incorrectly posted, no bid has been received, the reserve price has not been set, etc. If these factors occur, the seller can end the auction in advance. When the auction ends, the specific circumstances are as follows:
1. No one bids on the product.
2. There is a bid for the product, and the seller is willing to sell the goods to the current highest bidder.
3. There is a buyer who bids, but is unwilling to sell the item to this buyer, and the remaining validity period of the product’s listing exceeds 12 hours.
In the above cases, if the seller wants to end the auction early, he needs to cancel all valid bids. At the same time, the platform will also charge relevant fees. The amount is equivalent to the product listing ending on its own, and it will be based on the amount received when ending the listing. The closing fee a seller pays when an item is sold for the highest bid.
The seller cannot end the auction early if the following circumstances occur:
1. The remaining time for product listing is less than 12 hours, and there is already a buyer bidding in Clince, but the seller does not Be willing to sell the product to the highest bidder.
2. The remaining time for product listing is less than 12 hours, and bids have been received, but the low price of the product has not been reached.
For products that do not qualify for the early end of the auction, the seller can contact the highest bidder and, after communication, see if the bid can be canceled. If the auction ends, the seller can also contact the winning bidder to see if the other party is willing to cancel. trade.
However, sellers should try not to end the auction prematurely. This is likely to cause potential buyers to change, which is not conducive to conversion. Moreover, for sellers who often cancel bids in advance, the eBay platform will set limits on their accounts. It will bring unnecessary impact to the seller’s account.
The above is the relevant content that eBay auctions can end early if no one bids. For sellers who want to develop on this platform for a long time, it is necessary to understand the rules of the platform. If you want to know more For more content, you can pay attention to Lianlian Cross-border Payment.