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Understand Ebay Tricks Before Shopping Online
While tactics are numerous but if you are asked to tell difference between two people selling the same product then you will point out pricing strategy to be the only identifiable difference between the two.
The ‘Few Dollars More' Strategy
It's not that you ought to cut down the price to draw consumer but understanding the psychology of people can do magic. In spite of setting the auction's initial bid, if you offer the same product with few cents added to its proposed auction price & with a message reading Buy it now then some percentage of people, who had been looking for the product would take it to be an opportunity to avail the product undoubtedly without taking risk in bidding & losing. They actually don't mind paying additional to get what they wanted.
The ‘One Dollar Less' Strategy
This is simple, but needs an eagle eye on your rival. The moment they start a Buy it Now auction for the product you cover, start your auction for the same product with price tag 1 dollar less than theirs. Any hunt for the product would bring both the results together & you'll stand ...
... higher probability for your ‘1 dollar less' price tag.
The ‘Free Shipping' Strategy
Shoppers really hate paying for shipping. You can easily incorporate the ‘free shipping' tag after adjusting the shipping cost into the main price. You would be shocked to know how buyers prefer to pay the final price (including shipping) for the ‘free-shipping' tag, instead of having shipping cost additional. Again the psychological factor, they pay the same final price at the end, but feel good that they did not pay an unnecessary additional charges for Internet shopping as shipping charges.
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