EBay bidding price too low and item is ending soon?

Question

I'm new to selling on ebay and I have several pairs of really nice earrings listed. However, since not many people are looking, and so far the only bid is $0.99 and the item is ending in 1 day. I cannot sell if the auction ends at $0.99, that's way below the actual price I bought them with. What do I do now?

Answer 1

If you have more than 12 hours, cancel the auction (after cancelling the bids).  You will be out listing fees but you will not have a winner.

Ignore the other post.  If you bid on your own item, that's calling shilling and not only will eBay kick you off for doing it, it's illegal in all states.

Answer 2

Cancel the auction.

Answer 3

make up another screen name and bid higher on your own item. and then make sure you place a reserve on it next time.  

Answer 4

I agree with V B, just cancel it, and don't do anything illegal like bidding on your own auction.  Also, there are some bidders that wait until the last minute, called "snipers", they bid within the last few minutes or seconds.  Good Luck!  http://pages.ebay.com/help/sell/question...