I have an eBay
Format - Select from:
Unknown auction type - You can only offer a single item for sale with this type.
Chinese auction
- This is the normal eBay
Dutch auction
- The current high bidder becomes the winning bidder and is computed using
the normal Dutch auction logic. A
Dutch auction is a multiple item auction. See
eBay's
Fixed
Price item (BIN only) - ("BIN"
means "Buy
It Now") ( See
eBay's
Buyers: Purchase items immediately - no bidding or waiting.
Sellers: Sell items at the price you want without waiting for your listing to end. Example: Set the price for your item at $50 and sell it for $50.
Auction Duration: Clicking in this field enables you to select the length of time this auction will run.
Online and Fixed Price auctions
can run for 3 days, 5 days, 7 days, or 10 days on US eBay
eBay on US eBay
Real Estate Auctions can run for 30 or 90
days on US eBay
Minimum Bid - Enter the value of the minimum bid that you are willing to accept for this item.
Reserve Price - A
Reserve Price is the minimum price at which you are willing to sell this
item. Enter the Reserve Price for this item, if any. The
Reserve Price does not have to be the same as the Minimum Bid. The
Reserve Price that you set will not be seen by visitors to your item on
eBay
Quantity - In this field, you can enter quantity or number of items that will be included in this auction for the winning bid price. The traditional method is to sell one item per auction.
NOTE: This will not create duplicate auctions for the quantity listed, or run simultaneous single item auctions. This is the number of items that will be sent to the winners of this auction for the single winning bid price.