A Guide to the Different eBay Auction Types
Over the years, eBay has created all types of varous auction types, in an effort to give people more choices when they buy and sell their items on eBay. For every seller who does not like the idea that their item might sell for a far lower price than they intend, there's another who wants to shift hundreds of the same item quickly. eBay tries to provide to all choices. This article gives you a good knowledge of the different kinds of auctions and their benefits for you. Normal Auctions These are the bread-and-butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid again, and the winner gets the item. Simple. Reserve Auctions. Reserve auctions are for sellers who don't want their items to sell for less than a certain price - a concept you will know about if you are familiar with real auctions. They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, a...