This is the second part of this article where we will look
at some tips and techniques of how to sell on Ebay as well
as the pitfalls.
Poor quality and unwanted stock works best!
Let me explain. One of the best products that I sell on
Ebay is a pair of opal earrings, they are not good quality,
but are opals and as they are not branded its difficult to
compare with an item like this. I would regularly list
these and they would start at about $30, which was a fair
price for them. However they would regularly be bid up to
$100+ at the end of the auction. Understand that this is
not what I as the seller wanted to sell these items for but
what the buyer decided to pay for them. At $100+ this is 3
- 4 times the price that we would sell them for in our
retail shop. Also branded jewellery and watches that are
last years models, or just not popular, sell quite well if
you reduce the price enough. Compared to the other
alternative for a retailer which is that you keep the stock
and try to sell it at full price, or that you reduce the
stock and try to sell it (i.e. Have a Sale). The trouble is
that this compromises the rest of your stock so is not a
desirable option.
Two ways to sell Successfully with Ebay!
Find your niche, which has to be something that there is a
demand for and is not easily copied or branded, so that
other stockists can list their products and dilute the
market.
The other way is to be constantly trying new products and
finding new niches that will work for a while. Just because
a niche stops working does not mean that it will never work
again. For example if your prices drop, then so will other
sellers and sooner or later people will stop listing those
items, if the price drops enough. So you can find that you
can start re-listing the items again and where the
competition has fallen, the price goes back up.
Tips for selling on Ebay!
1.Don't sell branded products. For example I am an
authorised D & G watch stockist and I used to sell the
watches on Ebay, however as soon as you do well with
something other dealers will list their stock also.
2.Include any RRP in the listing title.
3.Experiment with end times and durations.
4.Use turbo-lister to save you time (a free listing tool
available on Ebay).
5.Use an Ebay shop. The listing fees are much cheaper (you
still want to have auctions to enable more people to find
your shop).
6.Use a professional looking template.
7.Be creative with your title.
8.Use a thumbnail picture for the gallery listings.
9.Have as much positive feedback as you can.
10.Sell to other countries, if shipping is not too much.
Ebay is pretty much global (But beware of posting to some
countries - as you will find that your goods disappear and
you don't get paid!)
Beware Ebay can delete your account!
One of the ways that I used to generate more from ebay, was
to use Ebay to promote my online store. I sell nominations
Italian charm bracelets and they sell quite well on Ebay,
however there are over 1,500 so to list them all on ebay
would cost a fortune and would be time consuming. However
they were all listed in my online store. So I put a link on
my listings pages to my online store and did really well
for a little while until, I got an email from Ebay stating
that they had deleted my listings because they included a
link to an outside store in them. Which is against Ebay
rules.
I was lucky in that they only deleted my listings and not
my account. So be careful, you could spend years getting
good feedback and then have your account deleted because
you have broken a rule.
----------------------------------------------------
Amazing Secrets of The $1.2M Recruiting System
Revealed At Last
http://MikeGoodchild.PowerProspectingSystem.com/?mad=5853
Mike goodchild has been earning money online for over 7
years and has also written an Email course on how to get
free traffic and leads
http://www.mycashmachine.co.uk/free_traffic_tips.htm
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