Sellers who open a store on the eBay platform can sell products through auctions, which can exclude higher prices for the seller’s products and benefit the seller’s profits. So how do eBay sellers set up auctions? This will be introduced in detail below.
Generally, when a seller lists a product for sale in an auction, he or she can choose a starting bid, and then the buyer will bid. After the auction ends, the product will generally be sold to the highest bidder. When eBay sellers auction, the auction can last for 1 day, 3 days, 5 days, 7 days or 10 days. Auctions that generally last for one day are relatively time-sensitive and are mainly used to sell goods that need to be sold quickly, such as event tickets. In addition, unsold auction products will generally be automatically relisted, and sellers need to set a starting bid in the price section of the quick listing form.
The main ways for eBay sellers to set up auctions are as follows:
1. Sellers first need to choose to create a new advanced promotion advertisement in the seller center, name the advertisement, click on the advertising budget and set the advertisement start and end dates, and then add the selected Listing to the advertisement;
2. Next, the platform will be responsible for other settings. The platform will form the Listing into an ad group and automatically select keywords and keyword matching. Type and bid;
3. Sellers can view the advertisement and change the ad settings before publishing. They can create ad groups, select Listing, keywords and keyword matching types, and set bids.
Generally, if you want to set automatic bidding for an auctioned product, the buyer only needs to enter the highest price they are willing to pay. After clicking the bid, the system will gradually increase the product bid according to the settings. At the same time, maintain the leading bid within the maximum limit. If the buyer’s bid exceeds the maximum limit, the platform will notify the seller, and the seller can decide whether to increase the maximum limit.
The above content has given a detailed introduction to eBay sellers’ setting of auctions. Bidding is a common sales method for sellers. Sellers can sell products at higher prices through bidding. When setting the auction price, sellers need to set it according to the specific conditions of the product to avoid setting it too high and resulting in failure to sell.