Showing posts with label eBay. Show all posts
Showing posts with label eBay. Show all posts

Saturday, October 9, 2010

5 Easy Ways To Make Money On eBay


It seems the most popular question I receive from a great number of e-mails from subscribers. Most Frequently the question they ask is, “Please tell me an easy way to make money on eBay.” I suppose the answer to this question really revolves around how you define the term easy.

It is my belief that there is no easier way to make money on the Internet than by selling items through eBay.

 What could be simpler, a straight forward 5 step process.
.
1. Get something to sell.
2. Photograph it, and write a description.
3. Upload your listing to eBay.
4. Collect your money.
5. Dispatch the item.


What could be simpler than that?

But I suspect what people are really asking is how can I easily get products to sell. From my experience this is what both newcomers and some experienced eBayers find difficult. So in this article I just want to highlight 5 very simple ways that you can get products to sell without even leaving your computer. This I hope that will be easy enough for everyone.

1. What, no photograph?
It is my belief that there is hardly an item listed on eBay or any of the other online auctions that does not benefit from having a photograph or image included in the listing. In fact most items that are listed without a photograph that actually sell tend to fetch 20% less than those with. In some categories the figures are even higher. For instance clothing items offered without a photograph average a 78% lower selling price than those with. So it would seem to be pretty easy to browse eBay looking for these “photo less” items, buying them and then relisting with a photograph. Money for old rope really.


2. Finding the poorly listed item.
There are many reasons why someone’s listing fails to attract any worthwhile bids. Bad title, short or poor description, wrong category, poor spelling and so on. You can find these by browsing around the auction site, but I would suggest an easier method.

Select the categories that you are interested in and look down the search feature for items finishing within the next hour. Here is where you will find the bargains that have failed to attract any bids for the reasons we have mentioned.

3. Unsocial hoursIn any book about eBay you will find tips on when is the best time for auctions to finish. The most suggested times for most items are Sunday afternoon and evenings and Wednesday evenings. Some experts suggest that for business related items Monday or Tuesday during office hours are best. If you accept that there are times when you will get increased bids for your items there must also be times when if your auction ends you will not do so well. I would think if you have an auction that finishes between say 5 am and 8 am on a Monday morning you will not have too many people lurking to place last minute bids to push the price up. Again buy and relist with your auction set to finish at a more sociable time and you could easily make a 20% or more profit for very little effort.

4. Buy Collections
One of the easiest ways to make money on eBay is to cash in on other peoples laziness. If someone has say a collection of 10 china dogs, it is a fact that if they put all ten in one listing as a collection they will get less than if they had listed each item separately. But it is amazing how many sellers cannot be bothered to do this. I have in the past bought such a collection and actually made more from one of the items than I had paid for the whole collection.


5. Other online auctions.
Over 95% of all online auction sales are on eBay. They have the largest number of registered buyers and items listed for sale. For this reason items offered for sale on eBay get the best prices. So why not search around some of the smaller online auctions, because in many cases items listed with them will not attract such a good prices as could be achieved on eBay. Then all you have to do is buy from them and relist on eBay.

So there are 5 easy ideas for you to consider. Why not give some or all of them a try.

One of the programs I use to drive more traffic to my eBay auctions is auctiva .

Sunday, October 3, 2010

4 Secret Keys To Dominating Ebay

There is no doubt that eBay is packed with competition. Each day there are millions of dollars passing through that website into many accounts. If you follow these four tips, you will easily succeed and dominate the competition on eBay.

1) Try to get excellent feedback.
When you first sign up with eBay, you will have zero feedback. Most buyers will stay away from an eBay newbie with zero or very low feedback. Start building your feedback rating by selling personal items from around the house that you no longer want. This is a good way to get the feel of using eBay and to build positive feedback. You should invest in a good digital camera. Good clear pictures are an important selling feature on eBay. Remember to describe your items accurately and honestly. Do not try to trick or deceive buyers in any way. You really cannot afford receiving negative feedback this early in the game.

2) Do not lie about your auctions.
Do not ever use deception in your auctions or try to make money with shipping costs. If you treat your customers the way you expect to be treated you will never go wrong. You will certainly be well on your way to building a reputation as an honest future power seller.

3) Stay away from negative feedback.
If you happen to get a few bidders that do not pay, just simply resist the temptation to leave negative feedback for them. Leaving negative feedback will only result in possible retaliation by the non paying bidder and negative feedback for you.
Keep in mind that you do not want any negative feedback right now. Buying items off of eBay is another great way to build positive feedback. When you win an auction, pay for the item immediately. The result will be positive feedback for you. Most buyers will not care whether your feedback came as a result of buying or selling ,just as long as it is positive.

4) Do some research before making wholesale purchases.
After you have built a significant feedback rating, you should be ready to start purchasing wholesale merchandise to sell on eBay. If you have your eye on a particular item you think might sell on eBay, first do a search of that item to find out what people are bidding. If it looks great then it is probably a good deal for you. If it does not appear to be getting many bids, you should stay far from it.
You can also do an advanced search for auctions that have already ended. This is a great way to find out the final bid price for a particular item. A few extra minutes of research can save you from a giant headache down the road. It can also mean the difference between making money or not.
Remember that eBay is the largest auction site in the world. There are people who make a living selling and buying items. They will fight the competition in order the stay dominant. After following these simple tips, you too will easily dominate the competition.
I am proud to have Positive Feedback:  100%
check out my eBay World
Having Satisfied customers , means the difference from making money or not

Marketing using eBay Classifieds

Wow!
eBay Classifieds!


After your auction ends you can run an ad in ebays classifieds! Gives you that extra edge, if you didn't sell your item. OH, but you don't even have any auctions at all, you can just run a classified ad to!


Best Part its FREE!


If you know anything about marketing, you want as much exposure as possible! Getting the traffic to your site, is the easy part. Building your customer base is a little harder.


The more you criss cross your marketing, or branding your name the more the Internet and search engines pick you up. The more popular you become the more traffic your site receives, the bigger your costumer base will be. Providing your marketing to the right people. Someone with the same interests.


Well, here is the classified ebay ad, I ran.


http://olympia.ebayclassifieds.com/v/6349415


Its in n my state, general area, under automotive (motorcycle and scooters).
I wouldn't want to run this flat black motorcycle helmet in Books and Magazines.
Choosing a category that reflects your business, or items for sale.
Yes, I do sell motorcycle helmets on eBay and at  http://thehawgpit.com
This particular helmet retails $99.99
But I want to make sales so the classified ad sells for $65.00






DOT Outlaw Flat Black Motorcycle Skull Cap Half Helmet Packwood eBay Classifieds (Kijiji) 6349415



NEW!!!
 DOT Outlaw Flat Black Motorcycle Skull Cap Half Helmet.
The "LOOK" of this helmet is in, whether the Jessie James look is what you are after, or you want a paintable surface with little prep, THIS IS YOUR helmet. Providing the ultimate protection while giving you comfort and style in a skull cap half helmet. Composed of a lightweight polycarbonate shell, featuring an impact absorbent liner, adjustable chin strap, this helmet is also suitable to use with goggles and is less bulky than normal half helmets. Sleek thin padding only available on Polycarbonate helmets which have a higher degree of impact absorption then normal half helmets. Meets or exceeds DOT certification. Outlaw helmets are made to enhance the riding experience.


 Retails $99.99 


 Please Give Size win Ordering; Sizing Chart Head Circ. (IN) Head Circ. (CM) Hat Size X-Small 20 7/8"- 21 1/4" 53cm - 54cm 6 5/8 - 6 3 /4 S 21 5/8" - 22" 55cm - 56cm 6 7/8 - 7 M 22 3/8" - 22 3/4" 57cm - 58cm 7 1/8 - 7 ? L 23 1/4" - 23 5/8 " 59cm - 60cm 7 3/8 - 7 ? XL 24" - 24 3/8" 61cm - 62cm 7 5/8 - 7 ? 2XL 24 3/4" - 25 1/4" 63cm - 64cm 7 7/8 - 8
Ad ID: 6349415


Read more: http://olympia.ebayclassifieds.com/motorcycles-scooters/packwood/dot-outlaw-flat-black-motorcycle-skull-cap-half-helmet/?ad=6349415#ixzz11KROSxHG

Thursday, September 30, 2010

A Beginner’s Guide To The Different Ebay Auction Types.

Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their things on eBay. For every seller who doesn’t like the idea that their item might sell for a far lower price than they intend, there’s another who wants to shift hundreds of the same item quickly. eBay tries to cater to all tastes. This email gives you an overview of the different kinds of auctions and their advantages for you.


Normal Auctions.

These are the bread-and-butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid again, and the winner gets the item. Simple.

Reserve Auctions.

Reserve auctions are for sellers who don’t want their items to sell for less than a certain price – a concept you’ll know about if you’re familiar with real auctions. They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, and they’ll need to bid again if they want the item. If no-one is willing to meet your price, then the auction is cancelled, and you keep the item.

Fixed Price (‘Buy it Now’) Auctions.

Buy it Now auctions can work in one of two ways. You can add a Buy it Now button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process. Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price. This lets you avoid all the complications of the auction format and simply list your items for how much you want them to sell for.

Recently, eBay added a twist to fixed price auctions: the ‘best offer’. This means that buyers can contact you to negotiate a price, which could be a good way to get sell some extra stock at a small discount. The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. In general, it is more worth using reserve auctions for higher-priced items and fixed price auctions for lower-priced ones – but remember that you can combine the two formats.

Multiple Item (‘Dutch’) Auctions.

These are auctions where you can sell more than one of a certain item. Dutch auctions can be done by bidding. Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then don’t worry – everyone else does too! These auctions are very rare.

What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types: a multiple-item fixed price auction. This just means that you can just say how many of the item you they have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click Buy it Now to get them.

Now that you know about the different types of auctions, you should make sure that the items you plan to sell don’t violate eBay’s listing policies. The next post will let you know what’s allowed and what is a big no-no.