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Fixed Price Format
What is Fixed Price?
Sellers use the fixed price option when they want to set a single price and eliminate bidding. Fixed price can be used for items which you know have a certain value, and whose value buyers would generally be aware of. For example, a rare coin would work best with the auction format as the market can determine what it is worth, while a new Top 40 CD is commonly known to cost around $20, so you can set a price accordingly. Fixed Price is presented as Buy It Now to buyers because they can purchase your item instantly.
Can I add Fixed Price to an auction-style listing?
Yes, in this instance, fixed price is a listing upgrade known as Buy It Now. The Buy It Now (BIN) option is an additional strategy for your auction-style listing and is your “let-it-go price”. Using the BIN option can encourage quick sales because if a buyer is willing to meet your Buy It Now price before the first bid comes in, your item sells instantly and your listing ends. However, if a bid comes in first, the Buy It Now option disappears and your listing proceeds normally via auction.
How much does it cost to add Fixed Price to an auction listing?
Please refer to the eBay fees page .
What are some of the benefits of using Fixed Price?
How do I qualify to use Fixed Price?
Any member with a seller account can list a single item in a Fixed Price format. To qualify for multiple item Buy It Now, you must have a minimum of 5 feedback and have been registered for at least 15 days.
How do I create a Fixed Price listing?
To create a standard fixed price listing, simply choose "Fixed Price" on the first step of the Sell Your Item form.
To add a Buy It Now option to an auction listing, choose "Auction" on the first step of the Sell Your Item form, and then specify a Buy It Now price after you have specified your auction start price.