Wednesday, October 11, 2006

The Secrets Of The Ebay Pre-Approved Bidder Auction - By W Smith

Ebay offers it’s members the facility to open an ebay shop. The advantage to doing this, is that items can be listed for less, however the disadvantage is that these items won’t appear in the regular search results.

Ebayers have developed a way round this, with what is known as the “pre-approved bidder” technique. This technique is often used by sellers wanting to build their selling feedback quickly, by listing 1p ebooks, with free shipping.

For example, you want to list 100 copies of the same ebook, in a buy it now (BIN) format for 1p each, with free shipping.

Firstly, ebay will not allow regular auction BIN items to be listed with a price less than 99p. But you can list them with a BIN price of 1p, if you list them in your ebay shop. It is also cheaper to list them in your shop.

So you’ve listed your 100 ebooks at 1p BIN, but they don’t appear in the search results.

The way round this is to now list a regular auction item for your ebook, with a starting bid of 1p, and in the description of your item, you put in a hyperlink that says “This auction open to pre-approved bidders only, click here for instant approval”.

When the buyer clicks on the link, it does nothing more than transfer them to the item in your store, where they will purchase the item from your BIN listing.

So that’s the secret of the “pre-approved bidders” auction. It’s all about saving money on listings, and finding a way round some of ebay’s restrictions.

An article from http://www.tradeco.co.uk the number one source of wholesalers and drop shippers