In this guide, we will explain to you what's the difference between an auction and a fixed price format.
When creating a listing on eBay, you will be asked to choose between an auction or a fixed-price selling format. Here is the difference between the two options:
- Auction: A selling method where you put a reserve price, and buyers can bid over the previous price to buy the product. It's good to use it when selling rare edition stuff (art, comics, toys...). New bids can only go higher than the previous ones.
- Fixed price: This is the default selling method. You have to input the selling price, and people can negotiate it by sending you offers that fit their budget.
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