Tag Archives: auction

10 Sure-Fire Ways To Kill Your Ebay Business.

It’s surprisingly easy to kill your eBay business, if you’re not careful – sure, you can start over from scratch without it costing you anything, but do you really want to? Still, if you want your business to end up dead in the water, here are some simple ways to do it.

Lie about an item: Say it works fine when it sometimes doesn’t work. Say it’s in perfect condition when it has a scratch. Your customers will hate you!

Post whenever you feel like it: Make sure to leave your customers hanging around, wondering when their item is going to turn up. This makes sure they buy from someone else next time.

Let items end anytime: Few people will be around to care about your auction if it ends in the middle of the night. Why go to the trouble of working out whether auctions will end at a good time?

Don’t bother with email: Customers are just timewasters anyway. eBay businesses are supposed to run themselves! Never give informed responses to questions about your item.

Sell rubbish: Really, it’s just eBay. You can just sell any old tat from the market for a 200% profit. Let quality be someone else’s concern – I mean, really, what do they expect for that price?

Refuse to give discounts: You know what your items cost, you know what your profit margin is going to be, and you’re not going to negotiate. Remember that giving customers special deals might make them feel good and come back to you again.

Make your listings ugly: As many colours, flashing lights and animations as possible will really give those customers a headache. Write as much in CAPITALS!!!! as you can. Preferably big, red capitals. Be sure to use the fonts Impact and Comic Sans. For an extra special touch, see if you can figure out a way to add some music.

Don’t take photos: It’s such trouble, after all. If buyers are picky enough to actually want to see items before they bid on them, then screw ‘em, that’s what I say.

Write short descriptions: Be as brief as possible, and use lots of mysterious abbreviations. This obviously makes you look very cool. You can even just write the title again in the description box. Think of the effort you’ll save!

Use reserve auctions: Now, this is a fairly controversial final choice, but it really is one of the best ways to scare away your customers. They’ll see ‘reserve not yet met’, and click that ‘back’ button before you know it. Luckily, they can always bid in a normal auction for the item somewhere else.

Now that you know the ten ways to kill your eBay business, how about we explore what to do if you want to do the opposite, and make a success of it?

You got to check out The eBay Fortune that will show you exactly how to run a successful business on eBay. I have really benefited from it & now selling full-time on eBay making a decent income.

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How To Write An Appealing Ebay Description That Attract Bids

Once you’ve drawn the buyers in with your title, the next thing to do is to tell them all about your item with the description. But just what should you write in your description?

At its heart, your item description is an ad. Without making it too obvious, you should be writing sales copy. You’re trying to get buyers excited about your products, and that’s usually hard – but on eBay, if you have the right thing to sell and give enough details, the buyers almost excite themselves.

Technical Details.

Include every technical detail you know, including the item’s manufacturer, its condition, how big it is, where and when it was made, its history, and anything else special about it. Don’t be too boring, though: the best descriptions are written in friendly, conversational language, and show a real knowledge of the item. Whatever you do, make sure you tell the truth!

Remember that most of the people who’ll be buying your item will be just as knowledgeable about it as you are, if not more – this is their hobby, and they’re experts. Don’t feel like you need to explain the basics of the item: just go into as much technical detail as you can. As a rule, don’t write anything in the description if you don’t know what it means, as the chances are someone will, and if you’ve got it slightly wrong then you’ll look like you don’t know what you’re talking about.

Interesting Details.

You might find that you enjoy writing a few things about how you got the item, why you’re selling it, and who you think might like it. This isn’t strictly necessary, but it gives your auctions some character and a personal touch, and can make people more likely to trust you. People might wonder what you’re doing selling 500 CDs all at once, and if you tell them the reason, then they’ll feel reassured that nothing dodgy is going on. If you’re selling them because you’re having a baby and you need the space, just say so.

Write as Much as You Can.

Leave nothing out of your description, even if that seems to you like it makes it cumbersomely long. There is no way you can be too thorough: someone, somewhere will appreciate that you took the time to write the extra information.

Don’t assume that anyone who wants extra information will email you to ask a question: many buyers are shy and won’t do it. Think of questions that buyers might have and add the answers to your description, as people generally tend to ask the same questions over and over again.

Each time a buyer does email you with a question, you should both answer their question and update your description so that it will include the answer next time. If people ask questions that are answered in the description, try putting these parts of the auction on a line alone, or in bold, to make them easier to notice.

Today I’m selling full-time on eBay and making a very decent income. You too can make it, you just have to do it right!

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How To Start Ebay Business Right

Starting business is a huge step, even if the business is an internet business. These tips will help you decide if an ebay business is right for you.

Just like in the real world, business is business. The main goal of any business is to make a profit. Running an ebay business is no different, the main goal is profits. And just like any other business, it will take work and resources to make it successful. Simply listing a few items and waiting for the cash to roll in just won’t work.

First you will need to know what sells and how much the going price is. Listing a product that is in a category that gets no buyers or even bidders may not be a good idea. You’ll just end up losing money due to listing fees and such. Not to mention the work in preparing the description, taking pictures and such. If you want your ebay business to succeed you must find out if what you want to sell is actually selling.

What’s the best way to find out what sells? Simply go to ebay and look at similar items. Just by checking on what other items are selling for will help you determine what you need to sell in your ebay business. And that includes checking regularly as some items may be more seasonal.

Now comes the part of stocking your ebay business. Where you get the products to sell in your ebay business is almost as important as what you sell. Of course, you may be forced to sell something in your ebay business that you would rather be something else or another name brand. This is where the supplier will help you find the right product to sell. You may want to sell a particular name brand, however, that supplier may have requirements that your ebay business can not meet. Because of this, most ebay business must settle for the normal products.

Another avenue you may want to consider when starting an ebay business is dropshipping. Dropshipping allows you to sell to customers without the need to carry inventory. You simply sell the products from your ebay business and the dropshipper will send those products to the customer. It’s an easy and affordable way to start an ebay business with very little startup capital. Be careful as some dropshippers may charge a fee for each product they ship to your customer. You will need to be sure you charge the customer for this fee and not your ebay business.

Take pictures of the products you are selling if possible. If you have a digital camera, take a unique picture of each product. This goes a long way and shows that your ebay business is serious about selling the product. Take for instance, if 20 items with pictures were listed and one was different that all the other pictures, a user would be more likely to click on that item. This is why taking unique pictures will help ebay business.

Lastly, if you are serious in making lots of “easy” money on eBay and without carrying the inventory & handle the shipping yourself, then work with legitimate drop-ship wholesalers. I personally use Drop-shipping Wholesaler to find the good drop-ship suppliers for my eBay business. You got to check them out!

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Ebay Success: Effectively Promoting your eBay Store

To really maximise your eBay sales you need to be promoting your eBay store. eBay stores get less exposure than normal eBay listings and therefore will not yield great sales for you unless you promote them. There are many ways both on and off eBay that you can promote your eBay store. This article outlines some of them:

1) Ebay Auction Listings:- eBay Auction and Buy It Now listings get the main exposure on eBay. When someone does an eBay search for an item all the eBay Auction and Buy It Now listings are displayed first. Then after these the eBay Store listings are displayed. Since these Auction and Buy It Now listings are getting the most exposure it makes sense to run a few of these and insert a link to your eBay store inside the actual description. This works especially well with Auction listings as people often click the link so they can buy the item instantly from your eBay store rather than wait for the auction to end.

2) Ebay About Me Page:- The eBay About Me page is one of the best free opportunity’s eBay provides to promote yourself. Every time someone on eBay sees your eBay ID (whether you bid on something, leave feedback, or buy an item) there will be an About Me logo next to it and some people will click this logo. Despite this, it really is one of the most under utilised tools on eBay. If you do not yet have an eBay About Me page yet then get one NOW. Use it to write about your eBay store and tell people why they should buy from you.

3) Ebay Reviews and Guides:- These are a relatively new addition to eBay but they are still a great way to promote your eBay store for free. The reviews section allows you to write product reviews such as CDs and DVDs. The guides section is more relevant to eBay sellers as it allows you to write guides on just about anything. There has got to be some topic that you can write a guide on so get righting now. When people read your guide they are presented with a link to your eBay store which is again more free exposure.

4) Ebay Seller Cross Promotion:- I outlined in the last article that with an eBay store you can cross-promote your items. Recently eBay has also added the ability to cross-promote with other sellers. This is very easy to set up and eBay manages the whole process for you. All you have to do is go to the “Cross-Promotion Connections″ area of My eBay and then use the request cross-promotions link in order to set them up. If the other seller agrees then a box promoting their products will appear on your listings and vice versa. This is a valuable way to increase your eBay sales and also generate more traffic to your eBay store.

5) Search Engines:- As I mentioned in my last article you get an actual URL with your eBay store. This URL gets listed in the eBay stores directory and search engines which means extra traffic for your eBay store. What’s more eBay allows you to pick your search engine keywords so you can be listed under the categories that you feel are most appropriate to your eBay store. Getting listed in the search engines is a great way to bring in customers from outside of eBay and maximise your sales potential.

6) Store RSS Feed:- When you access the home page of an eBay store you may notice a small RSS box in the bottom left corner. If you click on this RSS box then you will be shown your store’s RSS feed. Now I myself am not an expert in RSS but I do know that it is another way to promote your eBay store easily and effectively from outside of eBay. You can get some free software that submits your RSS feeds to the main RSS directories by doing a search on Google.

7) Blogging:- For those who don’t know a blog is a weblog. It’s basically like an online journal where you post your thoughts, comments, or whatever else you want. Blogging is an excellent way to get traffic to your eBay store. Quite a few websites offer free blogs which you can sign up for and then link back to your eBay store. Post in it regularly to gain exposure and your blog should soon become a great source of traffic.

Article Submission:- There are 100s of article directories out there that will you can submit your articles to, and if accepted you are allowed to have a live link back to your website or eBay store in the author resource box. This is a great way to generate traffic to your website in the long-term as not only do the search engines index your article, but people also reprint these articles on their websites complete with your author resource box (and live link back to your eBay store). The longer your article is online the more it will be reprinted and so the more traffic it will generate.

Hopefully this article has opened your eyes to some of the free and effective promotion methods for your eBay store. At first the fact that eBay Stores do not get as much exposure seems like a major problem but by putting a little effort into promoting it yourself, it can be much more successful than any eBay Auction listing.

Today I’m selling full-time on eBay and making a very decent income. You too can make it, you just have to do it right!

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10 Ways To Save Time And Money With Shipping & Handling On Ebay

One problem with eBay is that unless you are careful you can end up spending far too much time on routine tasks such as packing and shipping. Not only is there the time spent wrapping the items, but also when you take them to your local post office to have them weighed, stamped and posted. As someone who never seems to have enough time I have adopted some time saving measures which frees up my time to do other things.

1.Buy Stamps in advance. Many of the items that I sell are similar, CDs , audio tapes and books. Therefore I know exactly what the postage is for these items and I buy in advance a quantity of stamps for the various denominations that I use. I can then pack, stamp them and just drop them into the post box without the need to wait at the post office counter.

2.Get a set of scales Of course one really helpful piece of equipment is a set of postal scales. Not only does this save you time by allowing you to pre stamp packages but it is also very useful when you are listing an item. You can quickly and accurately calculate the exact cost of postage for each item. This can save you making those errors of under estimating the true cost of posting an item or having to make a special journey to the post office just to find out what it will cost to post.

3. Buy packaging materials online A thriving industry has grown on eBay offering packaging materials. It really is a case of selling spades to miners, but as a result the competition in this field is very fierce. This means that you can make considerable savings if you go to the Business, Office and Industrial Category and look in Packing and Postal supplies. Also many of the major stationers such as Staples and Viking offer a good 24 hour service and often have some attractive special offers or gifts to make an even better deal. Most offer free postage for orders over a certain quite low amount.

4. Whenever possible use padded bags. If it is suitable for your products one of the great time savers is the use of padded envelopes. They come in a big range of sizes and thickness and are suitable for a wide range of products. It is much easier and quicker just to pop something into an envelope and seal it than putting something in a box, put in padding and using tape to seal it. Also these days padded envelopes can work out cheaper than other forms of packaging.

5. Hold a stock of Post Office Forms These days forms control our lives and it is no different with the postal authorities. Normally if you are a regular postal user your local post office will be happy to supply you with a stock of the forms that you might need. The ones I keep handy are customs declarations, recorded International and national forms and supplies of airmail and fragile stickers. Completing these and applying them to your packages before you go up to the post office can save considerable time.

6. Use Rubber stamps I also have a selection of rubber stamps with First Class Mail, Do Not Bend, Small Packet Rate, This saves the time rather than writing these phrases over and over again.

7. Pre print return labels I would never send out a packet without a return address on it. Over the years that I have used eBay I have had about 5 parcels come back to me because they were undeliverable for one reason or another. If I had not had a return address label on them they and the contents would have been gone forever. You can of course order a pack of name and address labels from the local printer but I have found the most cost effective is to use the sheets of plain labels such as Avery, the 65 labels to a sheet are ideal and print them off as required a sheet at a time. I then just stick one of these on to every packet I send out. And of course it also makes you look a little more professional with your packaging.

8. Pick the time that you go to the post office There are always some times in the day or days in the week when your local post office is liable to be more busy than others. If you ask the counter staff I am sure they would be happy to tell you when these times are likely to be. Also they would also be able to tell you the times they would expect to be less busy. If you use this information you can cut down the time you spend waiting in line at the post office.

9. Copy addresses from Paypal notification. Whenever you get payment notification from Paypal it will contain the name and address of the buyer. I always highlight and copy this and using my labelling software I paste this into the label template this saves having to write or type the information in. I always print my labels on the AveryL7160, 21 labels to a sheet paper.

10. Compare prices There is plenty of competition to ship larger items and it is worth comparing prices for the various shippers and couriers to get the best deals. In my experience with smaller items it is difficult to beat the Post Office but for items that need to be shipped fast or weigh over 2 Kgs (4 1/2lb) it is worth looking for the best deal.

If you do not want to handle the tedious shipping & handling, simply use drop-shipping service provided by wholesalers. I personally use Drop-shipping Wholesaler to find the legitimate wholesale suppliers to drop-ship the items I have sold eBay directly to my customers!

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9 Reasons To Do Joint Venture Deals On eBay

eBay is the most popular home business in the USA, but it’s not without its problems. Many have tried to succeed but have failed due to confusion over what products to sell, giant numbers of competitors, picture theft from other sellers, and Paypal that eat into profits.

One way to avoid this swamp, though, is to do a Joint Venture with established eBay sellers. This allows a JV partner to build her own mailing list and sell products off eBay.

There are multiple advantages to this way of doing business on eBay:

1. The biggest uncertainty for would-be eBay sellers is what products to sell. Sometimes vendors risk large sums of money on untried products, only to lose their investment, become sour and give up. With a Joint Venture there is no risk except for a few hours of time.

2. Since there are no auctions listed on eBay, no one can steal copy or pictures from JV sellers – because there is nothing to copy. In effect, we become invisible – no one even knows we exist and this hidden aspect has many advantages.

3. eBay JVs are usually done with a digital product that can be instantly downloaded. This is great for any entrepreneur because inexpensive auto-responder mean that her entire business is handled via autopilot. Contrast this with the usual way of doing business on eBay which involves mailing dozens, hundreds or even thousands of boxes.

4. eBay and Paypal have lots of rules. It’s easy to break some unwittingly, and even the most honest seller does so from time to time. A JV merchant isn’t answerable to eBay, however, but only to her customers.

5. A JV seller never directly lists on eBay, thus avoiding eBay and Paypal fees.

6. Successful Powersellers have large numbers of customers and there are lots of administrative details involved. Implementing a sales system can cost time and money because without attention to detail packages won’t be mailed in a timely fashion, payments won’t be accurate, items will be sent to the wrong buyers, and so on. A JV partner eliminates all of that because all transactions can be funnelled through a hands-off system.

7. eBay selling lives or dies through the ‘feedback’ system. Negative feedback can kill sales instantly and lack of feedback causes buyers to hesitate and choose other sellers. Feedback is totally irrelevant to a Joint Venture seller because she is using the reputation of carefully chosen other sellers. She knows in advance that their feedback is high quality or she doesn’t do deals with them.

8. Inexperienced sellers sometimes drag wiser merchants into price wars. In a panic over sales, they foolishly slash prices, beginning a chain reaction that results in bare bones bids that allow no one to make any money. A Joint Venture seller floats serenely above such hiccups in the marketplace.

9. Best of all, a JV seller doesn’t settle for a one time sale. She concentrates her efforts on a mailing list of happy customers that she can sell to again and again and again. In this way, not only is she ensuring repeat profits, but she gets paid for creating this list, rather than having to pay someone else for names.

With its 147,000,000 registered users, eBay is the best source of targeted, Net-savvy buyers on the web. By putting together Joint Venture deals with established sellers, anyone can add large numbers of qualified buyers to their database efficiently and inexpensively.

Lastly, if you want to make some serious money on eBay, check out this ebook “eBay Inside Out“. It has changed my life by simply following the system exactly. I’m now a Platinum eBay Powerseller selling full-time on eBay, making average $50k of sales every month, you too can make it! Get a totally unique version of this article from our article submission service

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EBay Business 101 for Newbies

Are you fairly new to eBay business? Or is just planning to enter the world of eBay business and test its waters? You have nothing to fear. Here are simple start-up tips for you, as a newbie.

Entering the eBay business means that you are setting up shop on eBay and become a seller. It is easy and risk-free. All you need to have is a computer, an internet connection and an inventory of items to sell. No start-up costs are expected of you. Even if you′re at home, you can monitor your eBay business easily enough. You can also do marketing online, right within eBay.

Starting out As a newbie seller, you have a fairly good chance of succeeding in the eBay business by starting out with items that you know and have experience with. Take it from the experts, when you start with products you are knowledgeable about, you are right on target regarding its value.

However, if the items you are supposed to start with do not fall in the line of your expertise, there’s no cause for worry. You only have to research about the items you have to know their value.

There might be several odds and ends in your house that are fairly in good condition but not needed anymore. Or you might know of family and friends who have possessions they want to get rid of. You can also buy discounted products, seasonal and specialized items and crafts then resell them. The eBay business has no limit on what products you could sell, as long as there are buyers interested.

Have a photo, make a sale Once you have set-up shop in the eBay business, start the ball rolling by letting customers know of your merchandise. Do this by taking pictures of the products you are putting up for sale. The photo alongside your item listing is free. A 35-cent paid photo post of your product is offered by eBay – a scheme called Gallery. It works by having a thumbnail photo of your product along with its listing on the search results.

Be aware that most customers in the eBay business prefer to see the photo of the product for sale. Most often, your listing will get hits largely because of photo attachments. People need to know they are buying something that exists. You may find that once you upload more photos for each of your product listing, the demand for your products increases. Close-up and high-quality photos of your products are likely to bring you great sales outcome.

Price them right. Upon seeing your product, the next thing potential buyers on the eBay business look up is the price. Note that in the eBay business, it is necessary to remind you not price your item too high, or else buyers may lose interest. With a reasonable starting price, you only need to have two bidders to set off a higher price.

The principle in the eBay business, with regards to setting up the starting price, is that the lower you set the price, the more potential buyers bid on it. You can even get them so attached to the item and inspire a need to be the bidder who gets the item.

For how long do you list up your product? As a seller, listing a product in the eBay business involves meeting qualifications to use one-day period listing and paying necessary fees for 10-day listings. There are several factors to know how long you should list an item in the eBay business: – Longer period listing gives potential buyers more time to see your item and place bids – Listing depending on your selling volume. – Limited period of listing if you are selling products related to certain events

Other things which sellers in the eBay business need to do to generate more profits:

– Regularly checking out the hit list for your items to know if you are getting more traffic. More traffic means more buyers. – Have a detailed product description on your listing to minimize numerous buyer inquiries – Proper handling of payment and shipping. Be aware that 3 out of 4 buyers on the eBay business prefer paying with PayPal. – Keep your buyers, happy and satisfied with your products and overall service. – Keep tabs on other eBay sellers’ experiences in the eBay business for you to learn and succeed.

Lastly, if you want to be successful selling on eBay, check out The eBay Fortune! This is how I started my first eBay sales 2 years back by applying what I learned from The eBay Fortune. Today I’m selling full-time on eBay and making a very decent income. You too can make it, you just have to do it right!

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How To Make Huge Money Working With Ebay Drop Shippers

Since eBay hit the ground running just a few years ago, the service has millions of sellers with as many buyers. eBay has created a truly global market, where shoppers can find and purchase exactly what they’re looking for, without leaving home.

If you’re thinking of owning an eBay business, and making a lucrative career of it, you can easily make that dream come true. You don′t even require a product of your own to make a living by selling on eBay. eBay provides many opportunities to people who want to quit their corporate nine-to-five jobs, but don′t necessarily have a lot of start-up capital to invest in a new business.

Many eBay retailers are finding it easy and convenient to market merchandise with the help of ‘drop shippers’. eBay drop shippers don′t provide the merchandise for sale–they simply arrange to send merchandise to the customers of business owners.

If you want to run an eBay store, it is possible to offer a huge variety of stock, without needing a warehouse to store all of those products. All you need to do is list the items for auction, and sell the products. When the sale is confirmed, the information is passed along to the drop shipping company. eBay drop shippers take over from there. eBay drop shippers will package, label, and ship the products that you sell, allowing you more time to set up more auctions and bring in greater profits. They’ll take care of all the shipping details, and will even use your company information, including your logo. When the product arrives at your customer’s home, they will have no idea that it wasn′t actually shipped directly from your company.

For this process to work to your benefit, you need to establish relationships with several different drop shippers. Until you’ve cemented a trusted working relationship, eBay drop shippers will likely require you to pay for the items that your customers order before they are shipped. Orders need to be filled and shipped in a timely manner, so it’s in your best interest to pay for the items with a credit card for speedy service. Eventually, your eBay drop shippers will be confident in filling your orders right away, and billing you for them later.

When you set up your eBay auctions, make sure that your reserve price is set higher than the drop shipper’s cost. Don′t forget, your primary goal is to earn a profit! Depending on the item you’re selling, your reserve price should be about 10 percent higher than the price charged by the drop shipper. It will be beneficial for you to research to see if the item is selling for a lower price in another eBay auction, or through other online sources.

Running an online business using the eBay drop shippers presents almost no financial risk. The product will be sold before you actually pay for the item. This is one business where you can actually turn a profit before you have to pay any expenditures.

Millions of buyers are ready and waiting to buy your products. Use eBay drop shippers to your advantage, and cash in on the world’s favorite way to shop.

Lastly, you have to find the legitimate drop-ship wholesalers in order to succeed on you eBay business. I personally use Drop-shipping Wholesaler to source for good drop-shippers to work with. Most drop-shippers in this directory are genuine wholesalers, not a middle-man, and they work with eBay seller.

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