There are plenty of quick and easy methods to use to maximise your earning potential via selling on eBay. If you’ve always fancied making a bit of extra cash on the side through the world’s premier internet auction website then have a look at the top 10 eBay selling tips to help you to succeed:
1. Discover your niche. Consider what you are interested in and what you would like to sell. Selling items that you are knowledgeable about will help you to create repeat custom and detailed descriptions.
2. Take full advantage of eBay’s search functionality. Not only does it provide you with the ability to discover current items selling within your niche, it also lets you look at completed listings.
3. Explore eBay Pulse. It will show you exactly what is selling in the category that you are planning on selling into. Remember that what sells best is likely to have the most competition.
4. When you get to the stage of creating your auctions take the time to generate a really good title. You need to include keywords that people will search for to find your item. Consider what you would enter into the search bar to find your item and use this to help you craft the perfect title.
5. Don’t ever feel rushed to complete a listing. Spending time to make an accurate and informative description and to load a photo to the site will make up for the time spent in the long run.
6. Sell products around your house or cheap items initially to get used to the website and to build a great feedback score. Without it you will always struggle to sell any expensive items.
7. When you’re shopping around for items to sell it is important to remember the principle of buy low, sell high. This will take some time and practice for you to perfect but before long you will find yourself able to spot a bargain in shops, car boot sales or even on eBay itself. If you can buy at a low price you are likely to make more of a profit.
8. Minimise your expenses by lowering the cost of your packaging. Don’t spend a lot of money purchasing boxes for example when a bit of bubble wrap would suffice. However, ensure that everything that you send is safely packaged to save your feedback score.
9. Take care of your customers. Respond quickly to their queries and always dispatch items quickly and correctly packaged. Your customer care will help you to get new buyers and retain existing ones. Of all of the eBay selling tips around this is probably the most important.
10. Concentrate on repeat business. It’ll save you time in the long run in attempting to find new buyers. Great customer care and informative descriptions will help you to achieve this.
Stick to these 10 eBay selling tips and in no time at all you will find yourself making more sales and increasing your revenue. Good luck!
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Thursday, 19 November 2009
Thursday, 29 October 2009
How to Make Money on eBay by Finding a Profitable Niche
You may have heard it said that finding the best market in which to sell on eBay is an important part of learning how to make money on eBay. And, yes, you have heard correctly!
Choosing the best niche market could make or break your eBay business or hobby and dishearten you from future endeavours into the world of internet auction sites. So, to prevent this from happening let’s consider how to go about finding that best area at the outset.
Have you ever been sold something that you weren’t really that interested in but the salesperson talked you around? That salesman would not have been able to persuade you to part with your hard earned cash if he was not an expert in his field. and the same situation arises when considering how to make money on eBay – to increase your sales you need to be knowledgeable and passionate about your chosen field. This will help you to craft great descriptions that will help your products to jump off the shelves as well as to answer questions on the subject matter with authority.
When you first start selling, it's best not to consider stepping into eBay in an area in which you are not interested, no matter how profitable it may seem. You won’t be able to sell a product well that you yourself don’t like or believe in.
The battle doesn’t end in identifying what you are interested in though. It is also vitally important to recognise that not every area will be profitable. While it’s true that the majority of items, no matter how weird or wacky, will sell on eBay it’s also true that some niche markets will sell better than others. You need to use some common sense when deciding which of your potential areas of interest to go for.
There’s no point in expending a lot of effort flogging a dead horse, better to do the research upfront to know if your idea has potential.
Curious as to how to conduct this research? Wondering how much it’ll cost you to find out whether your potential niche is a profitable one? You don’t need to worry – it won’t cost a penny. In fact, eBay provides all of the tools that you need to discover how much demand there is for your items!
The advanced search functionality provided by eBay lets you search through auctions that have finished to help you to see how much certain items sold for. Also eBay Pulse provides lists as to the most searched for phrases within each category. Taking the time to understand this information and how it relates to your market will help you to understand how to make money on eBay in no time at all.
Many people have been successful in making money through eBay but at the same time, many have failed miserably! So, take your lesson from those that are successful and follow their example if you really want to start making money for yourself using eBay.
Choosing the best niche market could make or break your eBay business or hobby and dishearten you from future endeavours into the world of internet auction sites. So, to prevent this from happening let’s consider how to go about finding that best area at the outset.
Have you ever been sold something that you weren’t really that interested in but the salesperson talked you around? That salesman would not have been able to persuade you to part with your hard earned cash if he was not an expert in his field. and the same situation arises when considering how to make money on eBay – to increase your sales you need to be knowledgeable and passionate about your chosen field. This will help you to craft great descriptions that will help your products to jump off the shelves as well as to answer questions on the subject matter with authority.
When you first start selling, it's best not to consider stepping into eBay in an area in which you are not interested, no matter how profitable it may seem. You won’t be able to sell a product well that you yourself don’t like or believe in.
The battle doesn’t end in identifying what you are interested in though. It is also vitally important to recognise that not every area will be profitable. While it’s true that the majority of items, no matter how weird or wacky, will sell on eBay it’s also true that some niche markets will sell better than others. You need to use some common sense when deciding which of your potential areas of interest to go for.
There’s no point in expending a lot of effort flogging a dead horse, better to do the research upfront to know if your idea has potential.
Curious as to how to conduct this research? Wondering how much it’ll cost you to find out whether your potential niche is a profitable one? You don’t need to worry – it won’t cost a penny. In fact, eBay provides all of the tools that you need to discover how much demand there is for your items!
The advanced search functionality provided by eBay lets you search through auctions that have finished to help you to see how much certain items sold for. Also eBay Pulse provides lists as to the most searched for phrases within each category. Taking the time to understand this information and how it relates to your market will help you to understand how to make money on eBay in no time at all.
Many people have been successful in making money through eBay but at the same time, many have failed miserably! So, take your lesson from those that are successful and follow their example if you really want to start making money for yourself using eBay.
Friday, 23 October 2009
What To Sell To Make Money On eBay
Many people decide to start an eBay businesses selling all sorts of different products but if you are interested in discovering how to make money on eBay then there are certain products that you should consider selling, and others that you should avoid!
When you choose the products that you want to sell on eBay you need to be selective. You need to choose products which are profitable and also popular and its best if you try selling products to niches rather than trying to attract the whole market.
One great way of finding out what people are looking for on eBay is to actually visit the site yourself. If you visit eBay then you will be able to search the completed listings and get an idea of how much certain products are selling for.
You can also use 'eBay pulse' to find out what products you could sell to make money on eBay.
It's important to get an idea of how much these products sell for because this will make it much easier to find out whether or not you are able to make a profit. Take a look at items that you think you might like to sell and then find out how much they sell for. You can also identify popular items by looking at how many bids the items have received.
If you want to make money on eBay then the products that you choose will be extremely important. You need to carefully think about what it is you are going to sell to make as much money as possible.
Once you know the sort of products that you might like to sell you will then need to find yourself a supplier. Your supplier could be either a dropshipper or a wholesaler. These are the people that stock the products for you.
Find out exactly how much these products cost including any shipping charges because this way you will find it much easier to work out whether or not you will make a profit. Your profit margin will be the difference between the purchase price and the sale price of the item. You want to make sure that you are making a big enough profit to make selling it worthwhile.
Remember too, that to make money on eBay you must bear in mind your eBay fees. eBay fees are split into two main categories that everyone has to pay.
Listing fees are paid by anyone who wants to list an item on eBay. These are very cheap and are designed to prevent spam being posted on the site. Whenever you add a new listing to eBay you will have to pay a listing fee.
The final value fee is only payable when your product sells. This is a percentage of the final value of the product. Make sure you take these fees into account when you are working out how much profit you will make. It really is important to be thorough in order to be successful at selling on eBay!
When you choose the products that you want to sell on eBay you need to be selective. You need to choose products which are profitable and also popular and its best if you try selling products to niches rather than trying to attract the whole market.
One great way of finding out what people are looking for on eBay is to actually visit the site yourself. If you visit eBay then you will be able to search the completed listings and get an idea of how much certain products are selling for.
You can also use 'eBay pulse' to find out what products you could sell to make money on eBay.
It's important to get an idea of how much these products sell for because this will make it much easier to find out whether or not you are able to make a profit. Take a look at items that you think you might like to sell and then find out how much they sell for. You can also identify popular items by looking at how many bids the items have received.
If you want to make money on eBay then the products that you choose will be extremely important. You need to carefully think about what it is you are going to sell to make as much money as possible.
Once you know the sort of products that you might like to sell you will then need to find yourself a supplier. Your supplier could be either a dropshipper or a wholesaler. These are the people that stock the products for you.
Find out exactly how much these products cost including any shipping charges because this way you will find it much easier to work out whether or not you will make a profit. Your profit margin will be the difference between the purchase price and the sale price of the item. You want to make sure that you are making a big enough profit to make selling it worthwhile.
Remember too, that to make money on eBay you must bear in mind your eBay fees. eBay fees are split into two main categories that everyone has to pay.
Listing fees are paid by anyone who wants to list an item on eBay. These are very cheap and are designed to prevent spam being posted on the site. Whenever you add a new listing to eBay you will have to pay a listing fee.
The final value fee is only payable when your product sells. This is a percentage of the final value of the product. Make sure you take these fees into account when you are working out how much profit you will make. It really is important to be thorough in order to be successful at selling on eBay!
Thursday, 15 October 2009
Want A Hot Product To Sell On eBay?
If you are considering subscribing to my free weekly eBay Powersellers Secrets newsletter then now is the time to take action and sign up!
This week for my subscribers, I have recorded a video of a live product sourcing example - it's a product that is selling really well on eBay right now and you could be selling within the next 10 days too! I will be sending the link out in my newsletter tomorrow.
By becoming a subscriber you will receive information, tips and techniques every week to help you sell on eBay. And I'm not talking about basic, general information here. I make sure that my newsletters always contain detailed information that will help you build up your eBay business and become successful at selling.
As an eBay Powerseller, I have almost 5 years experience of selling on eBay so I know what works and what doesn't and I am happy to share this with you through my home study courses, my newsletter, my website and blog.
So, if you want to know the details of a hot product you can sell on eBay right now including exactly where to source it, sign up now using the form at the top of the page and tomorrow you will find out!
This week for my subscribers, I have recorded a video of a live product sourcing example - it's a product that is selling really well on eBay right now and you could be selling within the next 10 days too! I will be sending the link out in my newsletter tomorrow.
By becoming a subscriber you will receive information, tips and techniques every week to help you sell on eBay. And I'm not talking about basic, general information here. I make sure that my newsletters always contain detailed information that will help you build up your eBay business and become successful at selling.
As an eBay Powerseller, I have almost 5 years experience of selling on eBay so I know what works and what doesn't and I am happy to share this with you through my home study courses, my newsletter, my website and blog.
So, if you want to know the details of a hot product you can sell on eBay right now including exactly where to source it, sign up now using the form at the top of the page and tomorrow you will find out!
Thursday, 8 October 2009
Update For eBay Sellers - UK Postal Strikes
eBay have today announced that they will suspend Dispatch Time DSR's whilst the threat of ongoing postal strikes is with us here in the UK.
This is the eBay announcement that was issued today:
"Today the Commercial Worker’s Union has issued strike notice to Royal Mail this means a national strike is possible from the 18th October.
We take this notice very seriously and recognise the negative impact that such action will have for sellers on eBay.co.uk and I want to let you know what we are doing to mitigate the impact:
We’re temporarily removing the option for buyers to rate sellers on the Dispatch Time Detailed Seller Rating from the start date of any national strike action.
We’ve expressed our concerns directly to the business secretary Rt. Hon Lord Mandelson that it is unacceptable many hard-working small businesses selling on eBay are victims of a dispute that is beyond their control
We’re working with a number of alternative postal carriers to ensure sellers can provide the levels of service that are critical in the run up to Christmas."
Hopefully this will give eBay sellers one less thing to worry about on the run up to Christmas. But the problem is still there of postal delays and buyers nor receiving their orders.
I recently wrote a blog post regarding what you can do as a damage limitation exercise if you are concerned that you might receive negative feedback through no fault of your own but due to postal strikes, so if you want a recap, please go here: Postal Strikes
This is the eBay announcement that was issued today:
"Today the Commercial Worker’s Union has issued strike notice to Royal Mail this means a national strike is possible from the 18th October.
We take this notice very seriously and recognise the negative impact that such action will have for sellers on eBay.co.uk and I want to let you know what we are doing to mitigate the impact:
We’re temporarily removing the option for buyers to rate sellers on the Dispatch Time Detailed Seller Rating from the start date of any national strike action.
We’ve expressed our concerns directly to the business secretary Rt. Hon Lord Mandelson that it is unacceptable many hard-working small businesses selling on eBay are victims of a dispute that is beyond their control
We’re working with a number of alternative postal carriers to ensure sellers can provide the levels of service that are critical in the run up to Christmas."
Hopefully this will give eBay sellers one less thing to worry about on the run up to Christmas. But the problem is still there of postal delays and buyers nor receiving their orders.
I recently wrote a blog post regarding what you can do as a damage limitation exercise if you are concerned that you might receive negative feedback through no fault of your own but due to postal strikes, so if you want a recap, please go here: Postal Strikes
Friday, 2 October 2009
3 Points To Check The Reliability Of A Wholesale Or Dropship Supplier
I've had a couple of emails this week asking me how I make sure that a wholesale supplier is reliable and genuine before I order from them. So with this in mind, I thought I'd just give you a quick 3 point checklist that you should be aware of before parting with your cash:
1. Does the wholesale supplier advertise their telephone number?
While many do, it might surprise you to learn that some online suppliers only offer contact through email. Whilst this alone is not something that should necessarily put you off from placing a wholesale order, you do need to ask yourself why the supplier does not want telephone contact. It could be the sign of something not quite bone-fide.
2. Is the wholesale suppliers mailing address visible on their website or correspondence?
You should check whether the supplier displays a PO Box address, a valid business address or simply has no address at all. This is important because if you can't locate them if needed then things could easily go wrong. It is reassuring to you if the company has a proper physical address as it's more likely that they are genuine and have nothing to hide. You can also look up an address very easily to check that it really exists.
3. Do the wholesale suppliers products and prices seem to good to be true?
Many bogus companies hook you in by offering in demand branded or designer products at very cheap prices. After ordering, you find that you have been supplied with counterfeit goods or your order doesn't show up at all. Beware of cheap branded goods, especially so when ordering from China as they may be very good copies.
It is up to you to do your own due diligence and thoroughly research a company before you place an order. It might require a little time and effort but could save you money and heartache further down the line.
The best way to learn about the reliability of wholesale and dropship suppliers is to find others who have already used them - then you will really get an honest view of the company.
1. Does the wholesale supplier advertise their telephone number?
While many do, it might surprise you to learn that some online suppliers only offer contact through email. Whilst this alone is not something that should necessarily put you off from placing a wholesale order, you do need to ask yourself why the supplier does not want telephone contact. It could be the sign of something not quite bone-fide.
2. Is the wholesale suppliers mailing address visible on their website or correspondence?
You should check whether the supplier displays a PO Box address, a valid business address or simply has no address at all. This is important because if you can't locate them if needed then things could easily go wrong. It is reassuring to you if the company has a proper physical address as it's more likely that they are genuine and have nothing to hide. You can also look up an address very easily to check that it really exists.
3. Do the wholesale suppliers products and prices seem to good to be true?
Many bogus companies hook you in by offering in demand branded or designer products at very cheap prices. After ordering, you find that you have been supplied with counterfeit goods or your order doesn't show up at all. Beware of cheap branded goods, especially so when ordering from China as they may be very good copies.
It is up to you to do your own due diligence and thoroughly research a company before you place an order. It might require a little time and effort but could save you money and heartache further down the line.
The best way to learn about the reliability of wholesale and dropship suppliers is to find others who have already used them - then you will really get an honest view of the company.
Thursday, 24 September 2009
Selling On eBay: eBay Blogs To Be Retired
eBay have recently announced that their ‘eBay Blogs’ feature will be retired at the end of October 2009.
What ‘eBay Blogs’ feature? you might be asking! And you may well ask, because this particular eBay feature was so poorly promoted that hardly anyone knew about it, including myself up until about 3 months ago, which by then was far to late for me to start messing around with setting my eBay blog up. Besides, I have my own independent blog now – this one.
Seriously though, it’s a shame that eBay feel that they should just get rid of it, because it could have been a really great thing for eBay sellers if more of us had actually known that it existed in the first place. And of course there are those sellers that are currently using the eBay blog feature to their advantage by helping promote their eBay products, who will no longer be able to utilise it.
I really don’t remember any big song and dance when it was launched as there usually is with new eBay features so I am not sure how we were supposed to find out about it. I only stumbled across it by accident and I’m quite up to date on all things eBay. However, eBay have taken the decision to end it rather than promote it which is sometimes what you have to do in business. If things aren’t working out as you had hoped, sometimes it’s better to knock something on the head and add something new instead – onwards and upwards!
Talking of which and whilst I’m on the subject of blogs, why not think about starting your own independent blog to promote your eBay products. It’s a great way to get backlinks to your eBay listings and increase your traffic - definitely worth doing if you want to increase your eBay sales.
What ‘eBay Blogs’ feature? you might be asking! And you may well ask, because this particular eBay feature was so poorly promoted that hardly anyone knew about it, including myself up until about 3 months ago, which by then was far to late for me to start messing around with setting my eBay blog up. Besides, I have my own independent blog now – this one.
Seriously though, it’s a shame that eBay feel that they should just get rid of it, because it could have been a really great thing for eBay sellers if more of us had actually known that it existed in the first place. And of course there are those sellers that are currently using the eBay blog feature to their advantage by helping promote their eBay products, who will no longer be able to utilise it.
I really don’t remember any big song and dance when it was launched as there usually is with new eBay features so I am not sure how we were supposed to find out about it. I only stumbled across it by accident and I’m quite up to date on all things eBay. However, eBay have taken the decision to end it rather than promote it which is sometimes what you have to do in business. If things aren’t working out as you had hoped, sometimes it’s better to knock something on the head and add something new instead – onwards and upwards!
Talking of which and whilst I’m on the subject of blogs, why not think about starting your own independent blog to promote your eBay products. It’s a great way to get backlinks to your eBay listings and increase your traffic - definitely worth doing if you want to increase your eBay sales.
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