The Key to Success with 1-Cent, No Reserve Auctions
by Sherah Taylor
Published at The Auction Board on November 25, 2003
We've all seen them: the Powersellers on Ebay who start their auctions at 1 cent with no reserve. .. and usually end up making a killing.
So, how do they know if it will go high or not? And even worse, what if it sells for the starting bid of 1 cent?
Let's dig a little deeper to see what really goes on behind the scenes. [Read more of Sherah's article