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Technology

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
Opinions expressed by Entrepreneur contributors are their own.

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!