Re: 1p auctions risky ?
It's a great way to gain feedback, and I really felt the increase in sales, once I had over 100 feedbacks next to my username.
However here are some things to consider:
1) stay away from anything delivered digitally.
2) stay away from anything which clearly states that this is an auction in fact, for feedback - insane, I've seen sellers putting up a pic on 1p auction with words "5 star feedback".
3) Buy 1p auctions which are selling a legitimate item, like a bobby pin/nail/whatever where the seller states "collection only" and doesn't say NOTHING about feedback.
4) If you have access to an address, than here's one more thing to consider - 1p auction on ebay is never really a 1p auction, but rather 6-20p sold, and there are many things on ebay to be purchased for 11-35p, my average is 27p, and I buy things from China which I can later resell, or give away, don't know yet, but it all has already paid off in terms of increased sales. I got big bag filled with my "feedback purchases" all little things of little value, but all together I will probably be able to sell it for about 60-70% of the price I paid for it.
This I feel is the solid strategy, especially if you rotate the sellers you buy from, and buy different things. A bit more expensive, but than again, once you have a bucket of things, you can sell them, if you worth your salt on eBay |