Do you have multiple, identical items for sale? Sell them quickly and easily! The Multiple-Item Listings format (also known as Dutch Auction) is used to offer a number of identical items in a single listing. 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. 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. Note: 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. |