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Finding Antiques And Collectibles To Sell On eBay
Many people who decide to make a living selling collectibles on eBay soon fail. I meet them in the line at the post office. They tell me they just quit their job in order to sell things full time on eBay. I ask them, "What are you doing to find...
How to Sell Like Crazy on eBay this Christmas
Serious eBay™ sellers are faced with the same dilemma each
Christmas shopping season. "What should I spend my valuable
resources promoting this year that will give me the greatest
return?"
The obvious answer should be: Sell what people...
Selling on eBay - Have you found the magic formula yet?
Selling on eBay can be very profitable and a great way to make some cash while clearing your house of unwanted items at the same time. It's quite simple, just describe and photograph your items and seven to ten days later you'll get a payment though...
The eBay Community - Both the solvent and the glue: The re-defining of the online industry
Why the anarchy on eBay? Why the apparent contradiction between the merchandising as a community and the escalating tension that is creating an exodus to independent platforms, a slow down in growth on eBay, and reduction in users on the...
The Ebay Revolution - A Beginners Guide
With E bay being one of the most searched for terms on the internet today,[ approx 24 million people last month], it is hardly suprising that more and more everyday people are turning away from the 9-5 job scene, and looking at the income...
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How To Cut Your eBay Fees By More Than 90%
Now, are you ready for the REAL TRUTH about selling on eBay?
It's simple; don't list too many items for sale using their auction format. Instead, set up one of their stores. The cost starts at just $9.99 per month.
Why is this a good idea?
Let's do the math:
If you list an item for sale using the auction format, the cost is anywhere from $.35 on up to several dollars PER AUCTION. What's worse is that the auctions are only good for 3, 5, 7, or 10 days.
BETTER WAY: Sell the item in your eBay store. The listing price is just 2 or 3 cents per item...and get this...They're good for a FULL 30 days! For example, I recently sold a $500 item that I listed in my eBay store. The listing cost me a whopping 3 cents! The same item, if I'd sold it using the auction format, would have cost me several dollars!
Using eBay's Auction format to list 500 items at a minimum of $.35 each = $175.00 (and these are only good for 7 days each so you'd have to list them 4 times each per month) $175 x 4 = $700.00
List the same 500 items in your eBay store @ just $.03 each = $15 + the $9.99 monthly store fee = $24.99 and they are listed for a full 30 days each!
You save $675.01 per month! HOLY SMOKES!
I'm sure you can clearly see the benefit here. Of course you will want to sell a few CHEAP items using the auction format to try to generate interest & drive customers to your eBay store where they will buy MORE from you. Make sure every auction listing contains a link to your eBay store & TELL THE CUSTOMER TO VISIT YOUR STORE. Sell
10 or so of your 3 or 4 or 5 dollar items as auctions...just enough to get some traffic to your store.
Now, what is it that the REALLY successful PowerSellers do?
They maximize the "back-end" sale.
What this means to you is that once a customer has bought from you, the hard part is over. Now having done business with you, they TRUST you to deliver the goods. You MUST & I REPEAT, MUST try to get that customer to buy again & again.
Never, ever, send a package to a customer without including a sales flyer, catalog or some other special offer in the package to try to entice them to make another purchase. Email them a special offer every week or so.
You NEED repeat customers. Going after the lone, one-time sale is a losing battle. You will not be successful unless you get them to buy again & again & do this with every person you deal with.
Send a thank-you note via postal mail or eMail to every customer & use that opportunity to SELL THEM SOMETHING ELSE.
Another tip:
Sell CONSUMABLE items. You know, stuff that people need to order fairly often. Like socks, t-shirts, work gloves, food items, towels & linens, printer ink cartridges, sell shipping materials to other eBay sellers. You will get REPEAT orders from these customers for months and even years to come.
About the Author
Mike Nalbone is editor and publisher of The Thynker Home Business Tips newsletter which reveals proven tips, tools and opportunities for growing a successful homebased online business. Sign up free at http://www.Thynke.com
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