10 Reasons Why 0.99 Cent Ebay Auctions Don’t Work

1. You may think you are setting the market value yourself, but if you set a high Buy It Now price the buyer won’t have a choice what to pay.

2. The majority of the time auctions produce lower returns when there is a large supply of tickets already on the market.

3. Auctions bring down the value in the whole market.

4. You should be waiting for that die-hard fan with big bucks to come along. Why panic and settle for less?

5. You take the risk of getting a few slow viewing days and sell them for less.

6. Some buyers do not pay after they win. If you use “Buy-It-Now’s” with immediate payment required you won’t have deal with non-paying bidders.

7. Experienced sellers scoop up these 0.99 cent auctions and throw them back up on Ebay with BIN’s and turn a profit themselves.

8. You might occasionally get more with auctions, but for the most part, this is not the case.

9. You probably won’t be happy with the winning price, whereas with Buy It Nows you are in control.

10. And lastly, you should never do .99 cent auctions unless you absolutely need to dump tickets ASAP.