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Advice on 1st Sale

 
 
Andrew Martin
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      11-16-2005, 05:28 PM
Hi

Looking for some advice on my first sale. I am looking to put 5 Cisco
routers and a switch, bought on ebay 18 months ago, up for sale, hoping
to get about £250. I currently have a standard paypal account, should I
upgrade this to a premier account to accept credit cards or is there a
better way of taking payments? I don't expect to be selling anything
else so looking to minimise costs.

thanks
Andrew
 
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Iain Miller
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      11-16-2005, 06:03 PM

>Looking for some advice on my first sale. I am looking to put 5 Cisco
>routers and a switch, bought on >ebay 18 months ago, up for sale, hoping to
>get about £250. I currently have a standard paypal account, >should I
>upgrade this to a premier account to accept credit cards or is there a
>better way of taking >payments? I don't expect to be selling anything else
>so looking to minimise costs.


Best & safest is cash followed by a direct bank transfer - you just give 'em
your account & sortcode (which is no more than you give out everytime you
write a cheque - except that's got your signature on it as well!) & they
transfer the cash in - much safer than a cheque because it can't bounce
because there have to be funds available in order for the issueing bank to
make the xfer in the first place.

Oh and its free.....

I.


 
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Tiscali Tim
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      11-16-2005, 07:06 PM
In an earlier contribution to this discussion,
Andrew Martin <(E-Mail Removed)> wrote:

> Hi
>
> Looking for some advice on my first sale. I am looking to put 5 Cisco
> routers and a switch, bought on ebay 18 months ago, up for sale,
> hoping to get about £250. I currently have a standard paypal account,
> should I upgrade this to a premier account to accept credit cards or
> is there a better way of taking payments? I don't expect to be
> selling anything else so looking to minimise costs.
>
> thanks
> Andrew


In my experience, there are lots of potential bidders out there who will
*only* bid if they are able to pay using PayPal. If you want to get the best
price, you should seriously consider gearing up to accept PayPal. Who knows,
you might find something else to sell, later.

Give a lot of thought to pricing - and look at what similar items have
recently sold for. A low opening price may attract more bids, and the
listing fee will be lower *but* what if you only get one bid (as I have on
occasions!)? So you need to start at the minimum acceptable level - unless
you use a reserve - which again costs extra. Build a bit of bunce into the
carriage costs - as long as they don't look *excessive*.
--
Cheers,
Tim
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