Tuesday, February 13, 2007

eBay® Quick Tip: A Second Chance To Stuff Your Pockets With Cash On eBay®

Wouldn’t it be great if you had a way to sell two of the same products on eBay without having to run a Dutch auction?

Like me, many sellers’ inventory includes multiple items. And, without using Dutch auctions, we are limited to only selling one of the items per listing.

But, now we actually have the option of selling our multiple items using eBay’s second chance offer in a different way. Here’s how it works:

The second chance offer was designed for a seller to offer their item to the next highest bidder in the event the high bidder didn’t pay or want the item.

Many sellers, however, don’t know you can also send a second chance offer if you have a duplicate item or your reserve price is not met in your reserve price auction. You can send a second chance offer immediately after a listing ends for up to 60 days. In most cases, if you have a duplicate item you will want to send it immediately after the auction.

So, not only will your winning bidder get their item, but if you have a duplicate of the same item, you can offer it to the next highest bidder for their bid price.

Following are the steps to send out a second chance offer:

+ Go to the Bid History. (Go to your closed listing and then click on the Bid History link.)

+ Go to your My eBay account. (Under the Selling tab, click the Send a Second Chance Offer link.)

+ Go to Item page for a closed listing. (Sign in with your user ID and you will see a link in the top section.)

To read more about how you can best use the second chance offer, search eBay’s help section for second chance offer. This section includes all of the small print and the details about everything you need to know.

I hope this helps you make even more money with your online auctions.

Best E-Bay Secrets

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