The secret of a successful online marketing or online transaction lies on a good reasonable price.
The reason why most business owners do not succeed in promoting their product is either they put the price too high or made such a very low bargain.
In order to succeed and make the most of what online shopping, like eBay, can do to online shoppers, the secret lies beneath a sound price mark. Hence, it’s a must for every eBay seller to know how to quote his or her prices well. Here are some ways to make that money-raking quote:
1. To start a good bid, sellers must aim for a ten-day listing with one cent per bid increments, with no stored auction. Then, they should calculate how much their starting price would be considering the ten-day/one cent increments. This means that after the ten-day period, the sale must arrive at the desired price of the seller.
This is a good way to start the bid because buyers will be enticed to take part due to a low-starting price.
2. Sellers should consider the target market for the product such as its purchasing power; and the nature of the product being sold.
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