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3 Steps To Sell Professionally On eBay
3 Steps To Sell Professionally On eBay
eBay is awesome! It gives ordinary men and women, people like you and me the ability to sell their products to a worldwide marketplace 24/7 at a cost of a few cents.
The marketing potential of eBay is huge and so is it’s scope. The first time I surfed eBay I was amazed at the sheer number of different categories. But where do you start?
The key word for step 1 is, therefore, FOCUS.
A scatter gun approach just doesn’t work with eBay. You could spend the rest of your life wandering around its thousands of categories trying to sell a few items here and a few there then moving on when you discover that the competition has driven the price so low you can’t make enough to cover your eBay and PayPal fees, let alone make a profit.
You must zero in on a particular niche: make a list of 10 subjects/themes you enjoy, things you have a passion for then research these subjects on eBay. Is there a market to sell to?
The eBay market place is very transparent, using a ‘completed listings’ advanced search you can see exactly who sells what, how much it sells for and in what quantities, you can even read what the buyers thought about their purchases. Use this information to draw up a short-list of niches where there is a healthy market in something you enjoy or have some expertise in (preferably both).
Don’t be afraid of competition from other sellers – this confirms you are on the right track. See what each seller in your chosen niche does well and copy them –there is nothing wrong in doing this. Don’t spend your time trying to create a market for a product that isn’t already there, this will only lead to frustration and disappointment – a road I have traveled many times!
To sum up …….. FOCUS, identify a niche you enjoy and have some expertise in and follow what other successful sellers do adding in your own ideas to zero in on that HOT eBay product.
Step 2: The right eBay product, What to look for;
Market
There must be an established market for the product. The best way to confirm this is to look for successful sellers who already sell the product. You are looking for a healthy market with multiple buyers and sellers. You should be wary of any market that seems overcrowded with sellers – hundreds of sellers competing against each other will drive the price of the product down making it very difficult for a new entrant to make a profit.
Mark up
Your product must be in sufficient demand to allow a healthy mark up (the difference between your purchase price and your sale price). This mark up must be sufficient to cover all of your costs and provide a satisfactory profit. If possible focus on higher value items, these are more likely to yield a satisfactory profit and you will have a lot less work to do.(It is easier to sell 10 items that yield profit than it is to sell 100 items that only yield profit).
Repeatability
You must be able to replenish your stock of the product to enable a solid, sustainable business to be built. Some eBay guides suggest searching flea markets and boot sales to pick up bargains for resale, you may unearth the odd nugget this way but it is not the basis of a long term business.
To sum up step 2 ……think ‘Market’, ‘Mark up’ and ‘Repeatability’.
Step 3: eBay listing techniques;
You can have a great, in demand product but if it isn’t listed right it won’t sell to its full potential.
your description MUST incorporate ‘AIDA’:
Attention, Interest, Desire, Action
Firstly we need an ATTENTION grabbing headline: ‘Once in a lifetime opportunity to obtain this rare and sought after ******!’ This is a little over the top but you get the idea!
Next we must generate INTEREST by describing the features that make our item so desirable.
The DESIRE for the item is based on benefits and not features. In other words we must convince our buyer that his collection will be enhanced or his family and friends will be impressed by his new acquisition. This is the ‘What’s in it for me?’
Finally we have our ‘call to ACTION!’. Why must our buyer act ‘NOW!’, this minute? Is it the scarcity of our item, with the other eager buyers waiting to snap it up for themselves?
……and it must achieve all of this in 15–20 seconds. If a potential buyer is not given all of the above, quickly, he will click back to his search list and continue his search. If we have done our job properly he will click on ‘watch this item’ before he leaves our page.
Ready to take the next step? Stuart Turnbull has been running a successful, part-time business on eBay for 5 years. For live examples of his methods including where you can source a product today that Stuart sells every week at a 500% mark-up! visit http://www.printsmakeprofits.com
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FreeMarketingWebinars.com?t=YT Mark Anastasi Interviews Social Media Expert Shaqir Hussyin — On How To Make 000 a Month with Social Media! For FREE Social Media & Internet Marketing Training Register Here FreeMarketingWebinars.com?t=YT (FULL Content Webinars. No Pitch) -Using these trainings, i have been able to generate 5 Figures+ per month… Shaqir Hussyin speaks at the Social Media Millionaire Summit at the Millenium Gloucester Hotel, in front of hundreds of entrepreneurs, there was well over 1300+ people that attended Mark’s event that week. Spoke with Jani G on Social Media and how to make huge amounts of cash utilising the social media platform available for everyone to use to market their online business… also revealed his FAMOUS twitter marketing sniper method, where he WOW’ed the audience by finding RED HOT BUYER LEADS…. Live on Stage! Mark Anastasi holds several high end seminars in London every year, attracts some of the net’s leading speakers, and budding entrepreneurs that are new to internet marketing and advanced marketing, his newest event Mark Anastasi Clickbank Millionaire Event In London is being held next month, so if you have not had the chance to make it out yet, you still have the opportunity to attend the next free marketing event before the year is over! I highly recommend it, and hopefully, I’ll catch you at another upcoming Mark Anastasi seminar in London! (do come and say Hi) Spoke On Mark Anastasi Marketing Event in London With …
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5 Easy Steps To Start a Successful eBay Business
5 Easy Steps To Start a Successful eBay Business
If you are a newbie to making money on eBay, here are some quick and easy steps to kickstart your eBay empire. You can make a real living on eBay, so let’s get going!
1. Have a business plan. Just like in any other business, you need a gameplan to fight your battle. Here are some details that you should include in your business plan.
a) What to sell on eBay
b) where to find the products to sell
c) how and where to market your products – offline or online? Who is your target audience?
d) how to deal with customers – dealing with positive and negative feedback, how to get repeat sales.
e) shipping details – postage rates to different countries if you intend to ship internationally.
f) money management – how much cashflow do you have to buy products, advertise, etc.
g) time management – how much time can you spend each day building your eBay business.
This might sound tedious, but it’s all part of building a business. If you want to succeed, you have to do it good and proper.
2. Research on your products and your competition. Find out how popular your product is, and how many people are selling the same product. If there is too much competition, you might want to consider selling something else.
3. Finding the products to sell. You need to know where to get the products to sell. If you have old junk that you do not want, you can consider selling them away. However, if you intend to make it big, you need a good resource to find cheap yet reliable suppliers.
4. Market your products. You can choose to advertise online or offline. Here are some suggestions. Google each of them to find suitable advertising grounds.
Online:
a) traffic exchanges
b) safelists
c) leads generation sites
d) article marketing
e) paid-to-click or paid-to-read programs
f) social bookmarking sites
g) social networking sites
Offline:
a) flyers
b) newspapers (I have not tried this before though)
c) word-of-mouth – tell your friends and family and ask them to help you spread the word.
5. Re-invest your earnings. If your customers are happy with you, they will come back for more. Buy in more products and try to expand your business. If you are doing really well, you should spend more time and tune up your advertising budget. Employ some people if need be.
Once you think you are doing well, you might want to sell on eBay full-time. We do know that there are many people who have successfully made it on eBay. Given the right guidance, you will be on your way to be the next Powerseller!
George is the owner of AskGeorgeYeo.com, a Q-&-A-based information portal. Learn to sell like a Powerseller!. Feel free to drop by and post questions or add a link back to your own site.
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The 7 Essential Steps to Successful eBay Marketing by J
Ebay Marketing eBay auctions you should keep an eye on:
Six Steps Towards Successful Buying at eBay Auctionsr
Six Steps Towards Successful Buying at eBay Auctionsr
These tips, based on experience over the last seven years, should help to avoid some of the potential pitfalls. 1. Make use of the various tools provided on eBay to ascertain the target price of items you are interested in. A simple way to do this is to ‘search’ for completed items. 2. Always check that there are no hidden costs associated with your potential bargain. These may include unspecified postage costs, or PayPal fees chargeable to the buyers. If in doubt email the buyer and if you do not get a response then do not bid. Remember that when buying from overseas postage costs can be significant compared to the price of the item and also for more expensive items you may be liable to customs fees. 3. Check out the sellers feedback. You should be aiming to buy from sellers with feedback of at least 98 per cent if it is less and you are interested in an item read the feedback comments to satisfy yourself that the buyer provides a good service. In particular, read the neutral and negative feedback posts to try to work out what may have gone wrong with previous transactions. 4. Do not get carried away and end up bidding more than need or want to. Some items appear very frequently on eBay and it may be worth setting yourself a limit and waiting for the next one to come along. 5. If you find you are often being outbid at the last moment, consider using sniping software which you can use to automatically submit a bid in the last few seconds of the auctions. 6. Where possible, use PayPal to pay for items on eBay. The sellers get their payment quickly, and there is a degree of protection for buyers if things go wrong. eBay via My eBay provides a number of tools for monitoring progress on your transaction These tips, based on experience over the last seven years, should help to avoid some of the potential pitfalls. 1. Make use of the various tools provided on eBay to ascertain the target price of items you are interested in. A simple way to do this is to ‘search’ for completed items. 2. Always check that there are no hidden costs associated with your potential bargain.
These may include unspecified postage costs, or PayPal fees chargeable to the buyers. If in doubt email the buyer and if you do not get a response then do not bid. Remember that when buying from overseas postage costs can be significant compared to the price of the item and also for more expensive items you may be liable to customs fees. 3. Check out the sellers feedback. You should be aiming to buy from sellers with feedback of at least 98 per cent if it is less and you are interested in an item read the feedback comments to satisfy yourself that the buyer provides a good service. In particular, read the neutral and negative feedback posts to try to work out what may have gone wrong with previous transactions. 4. Do not get carried away and end up bidding more than need or want to. Some items appear very frequently on eBay and it may be worth setting yourself a limit and waiting for the next one to come along. 5. If you find you are often being outbid at the last moment, consider using sniping software which you can use to automatically submit a bid in the last few seconds of the auctions. 6. Where possible, use PayPal to pay for items on eBay. The sellers get their payment quickly, and there is a degree of protection for buyers if things go wrong. eBay via My eBay provides a number of tools for monitoring progress on your transaction
These tips, based on experience over the last seven years, should help to avoid some of the potential pitfalls.
1. Make use of the various tools provided on eBay to ascertain the target price of items you are interested in. A simple way to do this is to ‘search’ for completed items.
2. Always check that there are no hidden costs associated with your potential bargain. These may include unspecified postage costs, or PayPal fees chargeable to the buyers. If in doubt email the buyer and if you do not get a response then do not bid. Remember that when buying from overseas postage costs can be significant compared to the price of the item and also for more expensive items you may be liable to customs fees.
3. Check out the sellers feedback. You should be aiming to buy from sellers with feedback of at least 98 per cent if it is less and you are interested in an item read the feedback comments to satisfy yourself that the buyer provides a good service. In particular, read the neutral and negative feedback posts to try to work out what may have gone wrong with previous transactions.
4. Do not get carried away and end up bidding more than need or want to. Some items appear very frequently on eBay and it may be worth setting yourself a limit and waiting for the next one to come along.
5. If you find you are often being outbid at the last moment, consider using sniping software which you can use to automatically submit a bid in the last few seconds of the auctions.
6. Where possible, use PayPal to pay for items on eBay. The sellers get their payment quickly, and there is a degree of protection for buyers if things go wrong. eBay via My eBay provides a number of tools for monitoring progress on your transaction
For more useful tips & hints, please browse for more information at our website :- http://www.adsence-dollar-factory.com http://www.100earningtips.com
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i buy (on ebay & other online auctions – A loose leaf binder system for tracking your on-line auction purchases)
Book Description i buy As seen in ebay magazine. Do you buy from online auction houses such as ebay and yahoo? Do you find yourself writing notes on this & that piece of paper? Never quite knowing what you need to pay for and what you have or have not received? If this is you, you need i buy, THE BEST WAY TO GET ORGANIZED! i buy is an 8″ x 9″ 3-ring binder system that comes with 200 double-sided i buy tracking sheets, 5 tab dividers and instructions. Once you have personalized you
List Price: $ 19.95
Price: $ 15.25
I’m VERY aware that it says Itachina made it. BECAUSE I’M HER! My account was disabled for some stupid reasons, so I’ve taken over Aishhhhh’s XD ——- I drew the picutres in Paint, and they suck xD The timing at the begining SUCKS, gets better, SUCKS, and gets better. Lol! YES I USED AVI ART I DREW FOR MY FRIEND FROM GAIA IN THE VID! Song Lyrics: Yeah A used … pink bathrobe A rare … mint snowglobe A Smurf … TV tray I bought on eBay My house … is filled with this crap Shows up in bubble wrap Most every day What I bought on eBay Tell me why (I need another pet rock) Tell me why (I got that Alf alarm clock) Tell me why (I bid on Shatner’s old toupee) They had it on eBay I’ll buy … your knick-knack Just check … my feedback “A++!” they all say They love me on eBay Gonna buy (a slightly-damaged golf bag) Gonna buy (some Beanie Babies, new with tag) (From some guy) I’ve never met in Norway Found him on eBay I am the type who is liable to snipe you With two seconds left to go, whoa Got Paypal or Visa, what ever’ll please ya As long as I’ve got the dough I’ll buy … your tchotchkes Sell me … your watch, please I’ll buy (I’ll buy, I’ll buy, I’ll buy …) I’m highest bidder now (Junk keeps arriving in the mail) (From that worldwide garage sale) (Dukes Of Hazard ashtray) (Hey! A Dukes Of Hazard ashtray) Oh yeah … (I bought it on eBay) Wanna buy (a PacMan Fever lunchbox) Wanna buy (a case of vintage tube socks) Wanna buy (a Kleenex used by Dr. Dre, Dr. Dre) (Found …
Video Rating: 4 / 5
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