Selling Strategy
These are in essence the opposite of the buying strategy, and comprise of 4 main parts.
Always
start with a low start price, if you want to 150 coins. This will encourage
lots of bidders to look at your card and add it to their watch-list. As a
result, during the last minutes of the auction, there will be a frenzy of bids,
as many bidders believe they will be getting a bargain, leading to generally a
higher finishing price than the average market price, and therefore a higher
profit.
If you would like to sell via BIN, then research all the BIN’s. If all the BIN’s are above the average price, then come in lower than them. People will believe they are getting a good deal, which they are in comparison to the other BIN’s. But in reality they are still paying more than the average price, and you are making a healthy profit if you bought your card relatively cheaply.
Try
and enter the market behind a set of cards in which the prices are massively
high, and you know will not sell. This is a proven method to sell your card at
a higher price, as bidders, pissed off at the fact there are no decently priced
cards around for a while, and will therefore flood to the first well priced
card. I.E yours. As a result there will be increased interest/demand in your
card, leading to a higher sale price and therefore more profit.
Never put the start price as the average price. This will attract at most 1/2 bidders, leading to a lower finishing price, as the auction will be won on just 1/2 bids, leaving you with less profit. A card with a start price of the average price is a buyers dream.
