5. Tricks for Setting Prices and Handling Payments

The price you set for a listing plays a big part in how many bids you get—and how high those bids go. Price too high and you scare away potential bidders; price too low and the bidding might not rise high enough to be profitable. In addition, if you aren’t careful about how you price your items, you could end up paying more eBay fees than you have to. In other words, setting prices is a tricky business.

It’s a good thing, then, that the eBay business masters have some tricks for optimizing your listing prices. They also weigh in on the best ways to handle your customer payments—which aren’t limited to just accepting PayPal. Read on to learn more.