Writing A Business Plan Part 7 - Operations
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You have a need to decide on the starting price. It's a good idea to set your starting price as low as possible, $0.01 if possible, much more your listing cheaper and draws regarding bidders trying to find a bargain, so your item will rarely finish at associated with low selling price tag. Now you need to decide by the length of the auction: 3, 5, 7 or 10 days. Longer auctions might attract more bids, an individual might also put off he individuals who want the item sooner - either way, ending a sale at the weekend is consistently a good idea.
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