When it comes to selling things in an online setting there can be some difficulties. The first thing you need to understand when you start selling on eBay or similar online auction sites is that it is important to pay attention to what people buy.
Selling on eBay
There are thousands of different things on the site and while it would take forever to look through them all, it may be beneficial to new sellers to look at the most popular searches.
If you are going to buy items to resell you especially want to pay attention to what does well and what does not. If you already have items to sell you may want to check out some similar listings to your item so that you can understand what needs to be listed, what is important, what helps items sell, and how to price your item.
The most important thing to remember when selling on eBay is that buyers are not coming here to spend what you spend on an item when you bought it brand new, the whole idea behind a site like this is that you can save money on new items and find rare or hard to find items quickly. When pricing, make sure that you are offering a fair deal so that bidders have the opportunity to push the price up rather than simply starting it at an exorbitant cost. You also need to make sure that your shipping costs are fair to make sure that customer do not feel cheated but that you still have enough to get the item where it is going.
Selling your personal items, new and old, on eBay has become extremely popular. It has become more popular than listing items in a local newspaper, or having a yard sale. With eBay, you can reach far more potential buyers in a matter of minutes, and it’s easy. The cost to list and sell items is very reasonable, and there are ways to improve your selling position on eBay. Let’s take a look at a few of those little secrets to put you on top, when it comes to selling on eBay.
Most importantly, you have to give the buyer what they want, and make your item for sale stand out. This involves making everything about your listing clean and neat. Make a great, eye-catching heading for the item. Create a heading grabs the buyer’s attention. Put yourself in the buyer’s shoes when creating your listing, thinking about what would appeal to you. The pictures you create and post for your item should be clear and detailed. Most buyers are very visual and purchase items based on how well you photograph them. Experiment with different backgrounds and positions for the items you wish to sell. Make sure all items that are included in the sale are in the photograph. The description of the item for sale should be very detailed and include correctly spelled words. Make the description exciting with power words, as well as bold and colored words. Your description should be informative and explain all of the positive aspects of the item.
It is very important not to over price your item. If you are listing an auction type ad, start at the lowest price you can accept. If your item is priced low enough, most buyers just love competing with other buyers for a low priced item. When buyers compete, your price goes higher!
Additionally, buyers love free things. Throw in an extra little freebie with the purchase as an incentive, or better yet, offer free shipping. Some buyers will only purchase items that offer free shipping.
As soon as you receive your payment, package the item well and ship promptly, including a little thank you note in the package to the buyer. When you make your buyer happy, they provide good feedback for you, and good feedback gives you more stars, and more stars gives you a good reputation as a great seller.
If you are someone who knows what your goods are worth, and if you are tired of the bidding battles that often end with you underselling your goods at auction, it is time for you to look at eBay’s other selling options. The truth of the matter is that while eBay is known for being an online auction site, you can also sell your goods for a fixed price. What do you need to know about selling your item without the need for auction?
When you go to set up the listing, make sure that you select the option that is labeled as “Fixed Price.” This means that buyers will be able to buy your item at once, and that there will be no bidding war on the item at all. At first this seems that it would be a disadvantage when it comes to selling your option, but this is not the case. Too many sellers under-price their item, hoping to incite a bid war, but the truth of the matter is that most of the time, the item goes for much less than it should. A fair Fixed Price avoids this problem.
The mechanism that eBay uses to list their offerings helps you, because Fixed Price items simply have a Buy It Now button beside the listing. When people search for your items, they can find them by simply clicking the Buy It Now tab. Your work will be part of greater searches that gets you to the buyer’s attention.
Another interesting advantage is that the Fixed Price listing does allow you to sell more than one item in each listing, and further more, you will be able to create multiple listings at a time without needing to worry about exhaustive reposting. This is perfect for people who are selling many goods at one time. If you are a wholesaler, this is something that can make a huge difference to your business’s efficiency.
You can also take advantage of the Best Price offer if you list an item as being Fixed Price. This is something that allows the prospective buyer to negotiate the price with you before purchase. This is a good way to deal one on one with the buyer and to make sure that you are getting the most money that you can for your goods.
If you are tired of the conventional eBay auction, take a moment to learn more about Fixed Price items!
We all know now that eBay is one of the most powerful (or probably THE most powerful) online selling platform there is. Recently, it has opened a new option of selling online which they dubbed as ‘fixed-price transactions’. Of course, their primarily method of selling and or buying online through auctions continue to be available. eBay auctions have continued to comprise about one half of all sales made through eBay. But what really is an eBay auction and how does it work?
An eBay auction is basically just an online form of the traditional method of doing auctions. In a traditional or actual (live) auction, a speed-talking auctioneer stands in front of the crowd, coaxing them to bid more on the price of the item being sold. Things happens real fast. Once the highest bid is placed, then the one who placed it immediately wins the item and pays for it. The same process goes with internet auctions just like eBay’s; the only difference is there is no speed-talking auctioneer to confirm bids. Instead, the bidding is automated, and it doesn’t matter when the last bid was placed – what matters is who placed the highest bid. The bidding process is all managed by a special auction software operated by eBay, and anyone from the all over the world with an internet access, and account with eBay, can bid.
In a live auction, the auction typically lasts for only a few minutes just until no one is no longer bidding. In online auctions though like eBay, the bidding period lasts up to seven days on average. In fact when you create an auction listing to sell a particular item on eBay, you can adjust the bidding period to one up to ten days. You can also set a minimum bid so you don’t have to worry about selling your item at a cheaper price than its value.
Next, a potential buyer browses and searches through eBay’s listings, and when he or she sees your item, he can bid an amount equal to your minimum bid or bid a higher amount he is willing to pay to win your item. When he bids more than the other bidders then he wins.
Just like in live auctions, you can also place additional bids as long as your next bid is more than the current highest bid and is still lower than the maximum allowed bid set by the seller. During the entire bidding period, you will be notified by email whether you have been out-bid so you can still place your additional bids (but as long as the bidding period is still open). When you’ve won the item after placing the highest bid, you again will be notified through email, and then communication, payment, and shipment ensues. The best part about these eBay auctions is that you can leave a feedback to the seller or buyer, so that bogus selling or buying is discouraged.
The author is a freelance writer who writes on behalf of SendOnlineFax. To send an online fax, click here.
If you have or found a great product to sell and are really hoping to make lots of money online with the least effort, then consider using the number one sellers’ platform on the internet – eBay auctions.
eBay is a great way to earn some serious cash online because number one: there are a lot more sellers than there are buyers on eBay.
There are NOT a lot of people who use eBay as sellers; but at the same time there are lots of buyers searching for products on eBay.
You might want to get most of these buyers to view your product and buy from you, but how do you accomplish this?
This brings you to the second reason why selling on eBay could be very profitable for you: using a technique that not a lot of sellers on eBay really know about.
EBay Product Listing Tricks:
You number one goal in selling online is to drive the most traffic to your product listing. You can do this by following this “eBay Product Listing Trick”. Here are the steps:
Select your product – Choose a product that you wish to promote or sell on eBay. It’s important to choose a product that is NOT too user specific (for instance products for women or men only) since you want to attract a wider audience. Also choose a product that is unique yet popular enough in order to minimize and beat the small competition. The key here is to find your niche and to pick a product that is hot on that niche.
Target your buyers – You can target your buyers through the price of your item. Sell a product that is not so expensive yet not too cheap. The best products to sell are those that are in the price range of $20-60. The best price to sell is at the $30 mark which will make you earn as much money as possible in an easier way. The rationale here is that it is much better and easier to sell two 30-dollar products than sell five products at $10 each.
Write a short yet effective review or article about the product you are selling – Before finally submitting your product listing on eBay, try to come up first with an effective description of your product. People do read product information before buying.
Feature your listing – Probably the only sellers’ feature that you would really want to pay for, and get the most out of, is the Home Page Featured option. Since everyone is viewing the eBay homepage, you want to take advantage of that. After clicking Home Page Featured, your product is finally listed and congratulations! You’re on your way to succeeding in eBay auctions.
The author is a freelance writer. He writes about online fax and email fax services.
eBay Auto : One Millions for President Obama’s Chrysler(topbidswipe.com)
The top online auction site, eBay, is touted to be better than sliced bread for making a little extra money. Of course, retailers use eBay for successful and continuous selling, but for the average, “John Q. or Jane Q. Public,” it may not be worth the time and effort, depending on what you have to sell.
Both in the ether world of the Internet and in the terrestrial world, retail and wholesale sellers work on volume. Selling individual items with no repeat stocking rarely reaps financial gain, and the experts set their prices accordingly.
What you are actually selling when you place that novelty cuckoo clock you made in the eighth grade isn’t just that one-of-a-kind item. You are selling man-hours—how long it takes you to set up your eBay account, your merchant listing, item description, photo, inquiry follow-up time and dispute resolution time and effort—not to mention managing the other aspects of your auction, such as repeat placement if your minimum price isn’t met. Is that clock worth your time to post on eBay, or might you be better served by selling it, for example, to a pawn shop or in a yard sale?
The auction site provides eBay sellers the option of creating an eBay storefront, which might streamline some of the process. But those cost you money: Are your price tags reflective of that additional fee?
Selling on eBay is possible, but adjust your sights a little and sell collections, multiple-item groupings or packages. Your asking price increases, and you spend less time and effort per item, increasing your overall return.
For example, your baseball card collection comprises mostly common cards, but you have a few rookie cards that are in decent shape. Sell the entire collection as a group and use the rookie cards as focal points. Your asking price goes up. You spend the same amount of time setting up and managing the auction, and your shipping price—paid for by the winning bidder, of course—is identical in USPS one-price shipping.
If you have a rare album, and both it and its cover is in mint condition, absolutely sell that separately. Bump up your minimum bid to reflect about 10 to 20 percent lower than collector prices. That rare album will sell better than any loaf of bread—sliced or not! Then place the rest of the collection for sale as a combined unit.
Baked goods, believe it or not, are excellent sellers. However, it’s important to build your eBay reputation before you ask fair market prices. Stress overnight shipping or local pick-up only. Make sure the customer pays shipping costs. One successful marketing tool is to offer a 2-for-1 bonus to the winning bidder. Set minimum pricing, of course, but don’t make it higher than a generic price in the grocery store. You’ll be creating your own eBay “brand name” as your buyers send all that high praise for the quality of those cookies or cupcakes or pies. When you reach high rankings, maybe even the coveted “power seller” ranking, you’ve got it made—or baked.
Choose well your method of selling for extra money. Make the wiser financial choice by considering the “operating costs” and not just a price tag.
This post was contributed by John Walker, who writes finance news for a payday loans site. John lives and works in London, UK as a financial analyst.