The initial starting price is set by the seller, but the eventual selling price is ultimately decided by the bidder (or bidders).
When a seller lists their item, they decide the price at which they would like to start their auction. This is called the "start price" and it is, in effect, the lowest price that the seller is willing to sell their item for if it should receive just a single bid. It is also possible for the seller to set a reserve for higher value items (e.g., the lowest possible reserve that can be set in the UK is £50) .
If only one bidder places a bid on the auction, the item will sell to the bidder for the "start price". If more than one bidder bids on the item, the final price of the item being traded will depend how determined each of the bidders are to outbid each other.
actually, i am willing to know the answer to almost same question and my question is How are the price determined on eBay?
The seller sets the price ! Ebay takes a percentage of the selling price as their 'fee' for providing the service.
Many listings on eBay are sold as auctions, so the sale price is determined by the number of bidders and overall demand for the items.
The seller picks the price and shipping cost before they list the item, people can later bid on the item too.
You can either host or participate in ebay auctions. To participate, you can either make a bid or buy the price immediately at asking price. To sell items, you can host auctions where someone will bid/buy your items.
The price for the Megellan Roadmate varies by vendors but the price range I have seen is between $315 and $335. You should always price check items items between Amazon and Ebay for pricing differences.
Yes Another answer I have been an eBay seller since they opened practically. I truly believe from a sellers stand point that sellers are in competition with each other within the categories but the items sell differently for each item a seller may sell. It all depends who needs what and who is looking at your items at that particular time. Anyone who is in retail sales knows about it's ups and downs.
PayPal is a subsidiary of eBay Inc. and as such has no publicly-traded stock. The ticker symbol for eBay Inc. is EBAY. It is traded on the Nasdaq.
The price for the Garmin Foretrex varies by vendors but the price range I have seen is between $104 and $115. You should always price check items items between Amazon and Ebay for pricing differences.
The price for the Garmin Marine varies by vendors but the price range I have seen is between $392 and $504. You should always price check items items between Amazon and Ebay for pricing differences.
yes!One easy place to sell items is Ebay. Look through the Ebay categories for pots similar to yours, and price your items accordingly.
The ticker symbol for eBay Inc. is EBAY and it is traded on the Nasdaq.