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Question added to topic Selling OnlineAugust 23, 2007

How can I be sure I

When selling an item on eBay you may give your item a start bid price of 99 cents and hopefully you'll get many bids to make a profit on an item that may be worth $200. How can you be sure you won't take a loss though, (i.e. you may not get many bidders)? Is there a rule of thumb?

Many thanks,
John

Being successful on eBay isn't impossible, but it's tricky and as you indicated, you want to make sure that you're not taking a loss.

A good place to get bidding information about eBay is here: http://ebay.about.com/�and in the book by Cheryl L. Russell called eBay Income: How Anyone of Any Age,�Location, and.or Background Can Build a Highly Profitable Online Business with eBay.

Good luck!

Lena West is the CEO and Chief Strategist of xynoMedia Technology, a New York-based firm that helps high-growth companies leverage the power of social media, blogs, podcasts and online communities.

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