Ebay bidding question?

[Opal]

I am selling a brand new versace bag on ebay that i bought recently but ended up not liking. I started the bidding at £5 and the highest bid is still only £5 which is a bit of a problem as the bag being branded was rather expensive. There is about 15 hrs left of the 10 days it was up there...when do customers usually start bidding? Does anyone think the price will go higher?

[Sarah]

You can cancel it. I would definitely cancel and instead of placing a bid, sell it.

[Gftsam]

In my experience of selling on eBay, there is a high likely hood that people will bid like mad in the last hour. The problem now is that you can't end the listing now as there is less than 24 hours left.

[Lizbeth Styles]

I would cancel it and either start the bidding again or just sell it.

[d3]

You can cancel it and increase the starting bid, Keep in mind most people realize that most of the bags on eBay are fakes so unless you have documentation proving it's authenticity you will have problems selling it for much money.

[Lip Gloss Girl x]

Most people bid at the last minute as to save money, but you could always cancel your listing and start it again. I would suggest starting it at 99p to draw the bidders in. You should always pick a good time for your listing to end, for example on a Sunday evening as when people are bored they will go on eBay. That's how I normally get success.

[zealouspoison424]

You should cancel it and begin it a bit higher