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Multiple-Item Listings (Dutch Auctions)
What are Dutch Auctions?
To sell identical items in auction-style format, sellers can use the multiple-item auction format (also known as a Dutch Auction). In this format, the seller sets the quantity and starting price for the items. Keep in mind that all “winning bidders” pay the bid price of the lowest winning bidder in the group. For example, suppose you have 50 magnets, all the same, that you'd like to sell for at least $5.99 each. You would list them as with a quantity of 50 and a starting price of $5.99.
How do Dutch Auctions work?
Bidders specify both their offered price and the number of items they want. Successful Multiple-Item Listing bids must have a higher Total Bid Value (bid price x number of items bid on) than previous bids. Reducing this Total Bid Value in subsequent bids is not permitted.
Who wins and what do they pay?
All winning bidders pay the same price: the lowest successful bid. If there are more buyers than items, the earliest successful bids get the items. Higher bidders get the quantities they've asked for. eBay only permits multi-item listings in which the price times the quantity is less than $125,000.
What are some of the benefits of using Dutch Auctions?
How do I qualify to use Dutch Auctions?
In order to sell with this format, you must have a Feedback Rating of 20 or above and be registered on eBay for 14 days or more.
How do I create a Dutch Auction listing?
Create an Auction listing and then specify more than 1 in quantity available.
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