Richard Erlacher wrote:
The information I got from eBay's site suggests that only 70% of the
auctions which are completed result in actual sales. What I get from this
is that nearly one in three auctions which result in a fee to eBay don't
result in a sale for the seller.
I rather suspect that the 70% figure is a bit misleading if taken just by
itself. The mechanics of a "good" title and description are really
important, as is including a picture for most items. Doing a search to find
similar items, what they sold for, how many bids, etc. are also important. I
have had two items out of perhaps 100 that the buyer failed to follow
through. I have also had perhaps 15 items that didn't sell that I put out
just out of curiousity to see what would happen. The rate of things I have
researched out before I put them up for auction is far better than the
claimed 70%.