Magyar
What is the difference between an auction style listing and a fixed price listing?
Selecting the right listing type is of key importance to be able to sell your items with the greatest success.
The sales type determined by the seller determines how the item can be purchased.
The seller can choose from the following forms of sale:
- auction style listing
- fixed price listing
Auction style listing
How does it work?
Buyers can bid on the item, and the user with the highest bid wins the item.
In case of an auction style listing, the seller may also determine a so-called buy it now price, enabling the buyer to purchase the item at a fixed price before the expiry of the auction. However, its use is not mandatory.
Duration
In case of an auction style listing, the auction period must be determined.
You can choose from the following options: 1, 3, 5, 7, 10 and 14 days
Related topics:
Fixed price listing
How does it work?
In case of a fixed price listing, the buyer can purchase the item at the price determined by the seller, without bidding.
The seller may also allow the Offer option that lets potential buyers send an offer for the item. You can accept or reject this as the seller, or you can send a counteroffer.
The amount offered by the user cannot be higher than the fixed price.
Duration
The fixed price listing will remain available at Galeria Savaria for a period of 12 months after the start date. The item can be relisted at any time, also during this period. This means that a new upload date is assigned to the item and the duration of the 12 months restarts.
Which selling format should I use?
It is possible that you as the seller do not have a precise idea about the price of the item, therefore, you may want to test the item and let the market determine the price. In this case, it is worth launching the item as an auction style listing.
It is also worth considering the auction if you are selling a unique item, which is either rare or if its uniqueness and special character distinguishes the item.
Overall, it is worth starting your item at an auction if you see a chance that more people would like to purchase it, in which case buyers can compete for the item, and ultimately, you can get a higher price for it.
If you would like to offer your item at a certain price, you should choose the fixed price listing. In this case, the price of the item is known to users who can immediately purchase the item.
