I finally decided to put an item on ebay and now I am thoroughly confused. I see used things sell all the time for more than what you can buy them new for at the store brand new. I listed a brand new BB with a pic. There is only one other BB like mine listed at the same time. The other one is used from the usedbikewarehouse. Now I will state that the usedbikewarehouse has sold over 5000 items but I do have a positive rating with some purchases. So usedbikewarehouse sells their used item for $20.65 and has 3 bids.
Now I am getting excited thinking that if their used one goes for 20.65 mine will sell for at least $30.00. Last day only 4 people are watching with about 70 visits and no bids. At the last minute one guy bids my starting bid and gets it for $6. I am not complaining that it sold as I am happy that my first item ever listed did sell but what did I do wrong so when I do list something big I don't lose a bunch? As I stated before, I see crazy bids on used things so why would something brand new not go for more? Any great tips for selling on ebay is appreciated.
Now I am getting excited thinking that if their used one goes for 20.65 mine will sell for at least $30.00. Last day only 4 people are watching with about 70 visits and no bids. At the last minute one guy bids my starting bid and gets it for $6. I am not complaining that it sold as I am happy that my first item ever listed did sell but what did I do wrong so when I do list something big I don't lose a bunch? As I stated before, I see crazy bids on used things so why would something brand new not go for more? Any great tips for selling on ebay is appreciated.