How can I be sure I
By Lena West •
Opinions expressed by Entrepreneur contributors are their own.
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!