There are many savvy eBay buyers who use automated bidding programs, which are referred to as sniping software. Sniping allows the eBay buyer to place an unseen bid in the last seconds of an eBay auction allowing them to win the ebay auction at a very low price if there was no reserve.
This simple method I will now outline to you in detail can be used in a variety of ways. I have even seen eBay sellers use this as a low cost advertising tool.
By preapproving your buyers, it will flush out any eBay snipers. The interested buyer will need to email you to get approval even to bid on your auction.
One of the advantages of this procedure is that it allows total control over the eBay auction, you decide who gets to bid on your ebay auctions.
Step 1 set up your eBay auction as you would normally
Step 2 Click this Link to add an eBay User to you preapproved buyer List (Note, you can approve anyone you know with an eBay user ID that does not mean they have to buy it) http://pages.ebay.com/services/buyandsell/biddermanagement.html
Step 3 View you eBay auction it will state in Large Bold print this auction is only open to preapproved bidders).
Use this technique to gauge response on any new item you have for sale. Once an eBay Buyer emails you asking to be placed on the approved list, You should then go and check their bid history and feedback.
You can check to see what they purchased and for how much, it will give you the information needed to price the item correctly. This will also give you a profile of what the bidder buys and some great ideas of other successful ebay seller's techniques.
Example
Start you eBay auction at 1Cent with no reserve. Immediately approve an eBay buyer you know with the link I supplied. To even bid on your auction the eBay buyer will need to email you, at which point you can check their feedback and decide if you want to let them bid or not. You listing Fee for this auction will only be 30 cents and you never have to sell the item, do not approve any bidders, it is your choice.(this is great for building inquiries to your sale, then once you have established you have some interest for your item relist without any approval requirement, you will have a bidding war ready to start!
Example 2
I have a laptop computer; I wan to generate some lost cost page views for this item. I list the laptop in a 3-day auction format with 1 cent starting bid and no reserve. I then set up my pre approval with an eBay buyer.
Add bidders at any time up until your listing ends. Remember: It's generally better to add bidders earlier rather than later for the best bidding results. Do a Bidder Search ? This will allow you to understand the bidding history of the potential bidder.
Any bidder who is not on your list will be asked to contact you by email. Once the bidder has been pre-approved and added to your list, the bidder will be able to place a bid.
You will be amazed at the opportunities that present themselves to you from this simple technique, Remember you can not solicit sales outside of eBay but if someone emails you regarding items you may have in stock, you get the picture!
How to Pre-Approve Bidders/Buyers
Add Item
1. Enter the item number you'd like to restrict to pre-approved bidders/buyers. You can copy your item number from my eBay in the Selling tab or from your item page.
2. Add your approved bidders/buyers in the box below. View tips to pre-approve your bidders/buyers.
Simply Enter each bidder's/buyer's User IDs. Place a comma between each User ID or just press the Enter key on your keyboard to display each name on a separate line.
Here is the link to preapprove buyers
http://pages.ebay.com/services/buyandsell/biddermanagement.html
Tim Gilberg is able to provide information and insight from a unique perspective - that of someone who is actually doing what others just talk about. Ebay Power Seller Platinum Status was Attained by Tim Gilberg, which is one of the highest sales levels attained selling on eBay. Tim is active on Ebay and liquidation.com as well as consulting and working with other Top ebay Power Seller's to give you real life in use insight, not theories.Visit Tim Gilberg at his website Make Money on eBay
Fee Increase Leaves Some Sellers Angry, Others ThrilledMuch of my... Read More
Everyone's talking about eBay these days. With the frequency of... Read More
The worlds online market place.In just a few short years... Read More
Due in part to the popularity of the U. S.... Read More
Millions of would-be entrepreneurs want to sell things on ebay.... Read More
Launching your very own successful website is the dream of... Read More
"Who's Suzie?"My wife Katrina had been acting strangely ever since... Read More
This question has become one for the ages. There are... Read More
Paypal is the preferred payment choice for many buyers because... Read More
Buying on eBay can be very rewarding, either in terms... Read More
Calling internet auctions an "Entrepreneur's Dream" isn't poetic license or... Read More
It should be simple - your favourite team/band/theatre play is... Read More
Many people who decide to make a living selling collectibles... Read More
Remember back when selling online was a new experience? Dealers... Read More
You would like to increase your income by selling other... Read More
Do you know how many people in US are earning... Read More
If you have not heard of Foamtemplates.com yet, home of... Read More
Selling eBooks on eBay, and making any worthwhile profit from... Read More
Don't you just love it?You've found that special item on... Read More
As a serious seller on eBay you're familiar with their... Read More
If you've studied business concepts you know that finding a... Read More
Internet auctions are relatively new having been around since the... Read More
Need Extra Money? Buy and Sell Your Gently Used Baby... Read More
Do a quick search on Google, Yahoo, or your favorite... Read More
Selling on eBay can be very profitable, and is a... Read More
Are you having trouble finding a great deal on a... Read More
Have you ever wondered what it takes to be "the... Read More
eBay is one of the world's largest market places with... Read More
POWERSELL Status, the secrets revealed.If like thousands of people you... Read More
Selling books on eBay can be a very lucrative business!... Read More
After I started selling on eBay, I was approached by... Read More
The internet is packed with web businesses jockeying for the... Read More
The activity chart is an ingenious way to find, in... Read More
Drop Shipping Is Your Perfect Home Based Business SolutionDrop shipping... Read More
This is the most boring stage of the process and... Read More
You might be one of the thousands of individuals who... Read More
There are a plenty of free e bay.com free auction... Read More
There are many savvy eBay buyers who use automated bidding... Read More
Ebay money making opportunities are simply the best thing to... Read More
The following may be the most important information about dropshipping... Read More
The way some auction sellers approach their auctions, it's clear... Read More
Calling internet auctions an "Entrepreneur's Dream" isn't poetic license or... Read More
Saving money can be quite hard to do if you... Read More
Are you planning to sell on eBay? Or have you... Read More
I began selling on eBay in 1999 and have found... Read More
If you have not heard of Foamtemplates.com yet, home of... Read More
Drop shipping, for those who are unfamiliar with it, is... Read More
Most people do not succeed on the internet because they... Read More
One of the most difficult things to do when looking... Read More
We all have items in our closets and stuffed in... Read More
Many of you will probably remember the days when the... Read More
You've started your own eBay business and, even though it's... Read More
eBay is now the 8th most visited site on the... Read More
ATV auctions are healthy markets on eBay. All terrain vehicles... Read More
An auction is basically a public sale wherein any object... Read More
You have suddenly found the perfect business and you are... Read More
Q: I would like to start my own eBay business,... Read More
With one brilliantly simple idea, eBay was born just a... Read More
Q: I want to start an online business. Since I... Read More
William Vickrey, highly regarded as the founder of auction theory,... Read More
If you've studied business concepts you know that finding a... Read More
Selling on eBay can be very profitable, and is a... Read More
As a small business person-slash-advice columnist I dread the first... Read More
Why is it that some artists seem to make easy... Read More
1. Admit It: Old business models are no longer working.... Read More
Artists, craftspeople and photographers are successfully selling their wares everyday... Read More
Online Auction |