10 Tips for Increasing Your eBay Response.
So you?ve got the buyer in front of your auction, and they?ve read the description. They?re must be interested, or they wouldn?t be looking? but just how can you push them over that line and make them leave a bid? Read on for some tips.
Improve your picture: In all that description writing, you might have missed the vital importance of your item?s picture. A picture with bad lighting or an intrusive background looks amateurish and won?t make anyone want to buy from you.
Add an About Me page: You?ll be surprised how much you can reassure bidders just by creating an About Me page and putting a little bit about yourself on your business on there. You can also have a few special offers there for people who bother to look at the page, and let people subscribe to your mailing list so that you can email them updates.
Use SquareTrade: Signing up at SquareTrade and displaying their logo on your auctions shows that you are committed to have them resolve any disputes that arise. You always see this on PowerSellers auctions - it makes you look more professional.
Write terms and conditions: Have the ?small print? clearly visible on all your auctions, giving details of things like shipping times and prices, your refund policy, and any other business practices you might have. This helps build confidence with buyers.
Show off your feedback: Copy and paste a selection of the feedback comments you?re most proud of to each item?s description page, instead of making bidders go and look for it. If you have 100% positive feedback, be sure to write that on every auction too.
Add NR to your titles: If you have extra space in a title, put ?NR? (no reserve) on the end. Bidders prefer auctions that don?t have a reserve price, and doing this lets them see that yours don?t.
Benefits not features: Make sure your description focuses on the benefits that your item can give to the customer, not just its features. This is a classic sales technique. If you have trouble with this, remember: ?cheap? is a feature, ?save money? is a benefit.
List more items: If you want more people to respond to your items, then list more items! You might find you have better like listing items at the same time, instead of one-by-one. There?s no need to use a Dutch auction - you can just keep two or three auctions going at once for an item you have more than one of in stock.
Posted on 24th November 2008
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An Introduction to Bidding and Buying on eBay
Have you noticed that whenever you open a newspaper, watch the TV or have a conversation, people seem to be talking about eBay? If you?ve never used it and you?ve no idea what it?s all about, then the chances are that you?re starting to feel a little left out. But don?t worry! This email contains everything you need to know about the basics of bidding and buying on eBay.
So What is eBay?
eBay is an online auction website - and not just any auction site, but the biggest one in the world. If you know how an auction works, then you already know how roughly eBay works. Someone adds something they want to sell to the site, and then buyers come along and place bids on it. The highest bid wins the item! It?s that simple.
eBay being an online auction makes a big difference, though. Buying and selling are not reserved for any elite. eBay accept almost any item, no matter how small, and will then advertise it on their sites all over the world. It?s a powerful combination of an auction and a slightly chaotic marketplace.
What is Bidding?
Bidding is when you say how much you will pay for an item in an auction. Bidding on eBay, however, doesn?t work in exactly the same way as a normal auction, at least in theory. On eBay, you tell the site what the maximum you are willing to pay for each item is, and then eBay places the bids on your behalf. That means you could say you were willing to pay up to $100 for something and only have to pay $50, if that was the highest maximum bid anyone else placed.
It?s not as complicated as it sounds - the best way to get used to it is to give it a try. First, the best thing to do is to go to the eBay website designed for your country. If you don?t know the address for it, just go to www.ebay.com and it will tell you there. Now, on the front page you should see a big box marked ?search?: just type in anything that you?d like to buy there.
Wasn?t that easy? Now you should have a list of items for sale in front of you, along with how much people are currently bidding for them and the time when bidding ends for each item. If you click one of these, you can read the description, and then - if you?re happy with the item and happy to pay more than the current highest bidder is - you can bid!
How Do I Bid?
Go ahead and scroll down to the bottom of an item?s description page, and type the maximum you are willing to pay (your maximum bid) into the box. Then simply press the ?place bid? button - you will need to sign in once you press the button, or go through a quick registration process if you don?t have an eBay username).
Posted on 18th November 2008
Under: All about Ebay | No Comments »
EBay Income Possibilities.
Posted on 10th November 2008
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A Beginner?s Guide to the Different eBay Auction Types
Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their things on eBay.
For every seller who doesn?t like the idea that their item might sell for a far lower price than they intend, there?s another who wants to shift hundreds of the same item quickly. eBay tries to cater to all tastes. This email gives you an overview of the different kinds of auctions and their advantages for you.
Normal Auctions.
These are the bread-and-butter of eBay, the auctions everyone knows: buyers bid, others outbid them, they bid again, and the winner gets the item. Simple.
Reserve Auctions.
Reserve auctions are for sellers who don?t want their items to sell for less than a certain price - a concept you?ll know about if you?re familiar with real auctions. They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, and they?ll need to bid again if they want the item. If no-one is willing to meet your price, then the auction is cancelled, and you keep the item.
Fixed Price (?Buy it Now?) Auctions.
Buy it Now auctions can work in one of two ways. You can add a Buy it Now button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and avoid the whole bidding process. Some sellers, though, now cut out the auction process altogether and simply list all their items at fixed price. This lets you avoid all the complications of the auction format and simply list your items for how much you want them to sell for.
Recently, eBay added a twist to fixed price auctions: the ?best offer?. This means that buyers can contact you to negotiate a price, which could be a good way to get sell some extra stock at a small discount. The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. In general, it is more worth using reserve auctions for higher-priced items and fixed price auctions for lower-priced ones - but remember that you can combine the two formats.
Posted on 9th November 2008
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Staying Out of Trouble with eBay?s Listing Policies.
While you can sell most things on eBay, quite a few things are banned. If you try to sell any of these things then eBay will remove your auction and all bids will be void.
Here is eBay?s full list of prohibited or questionable items:
Academic Software
Airline and Transit Related Items
Alcohol (also see Wine)
Animals and Wildlife Products
Anti-circumvention Policy
Artifacts
Authenticity Disclaimers
Autographed Items
Batteries
Beta Software
Bootleg Recordings
Brand Name Misuse
Catalog Sales
Catalytic Converters and Test Pipes
Celebrity Material
Charity or Fundraising Listings
Comparison Policy
Compilation and Informational Media
Contracts and Tickets
Counterfeit Currency and Stamps
Counterfeit Items
Credit Cards
Downloadable Media
Drugs & Drug Paraphernalia
Electronics Equipment
Embargoed Goods and Prohibited Countries
Encouraging Infringement Policy
Event Tickets
Faces, Names and Signatures
Firearms, Ammunition, Replicas, and Militaria
Fireworks
Food
Freon and Other Refrigerants
Gift Cards
Government IDs and Licenses
Hazardous, Restricted, and Perishable Items
Human Parts and Remains
Importation of Goods into the United States
International Trading - Buyers
International Trading - Sellers
Lockpicking Devices
Lottery Tickets
Mailing Lists and Personal Information
Manufacturers? Coupons
Mature Audiences
Medical Devices
Misleading Titles
Mod Chips, Game Enhancers, and Boot Discs
Movie Prints
Multi-level Marketing, Pyramid and Matrix Programs
OEM Software
Offensive Material
Pesticides
Plants and Seeds
Police-Related Items
Political Memorabilia
Postage Meters
Pre-Sale Listings
Prescription Drugs and Devices
Promotional Items
Read the rest of this entry »
Posted on 29th October 2008
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5 Simple Steps to Posting Your First eBay Auction.
It?s surprisingly simple to get started posting your very first auction on eBay. Here?s what you need to do.
Step 1: Open an eBay seller?s account.
If you?ve bought things on eBay, then you already have an account - just log in with it and click ?Sell? in the toolbar at the top of the page, then click ?Create a seller?s account?. If you?ve never used eBay before, then you?ll need to open an account first using the ?register? link underneath the toolbar, and then click ?Sell? and ?Create a seller?s account?. The eBay site will then guide you through the process. For security, this may involve giving card details and bank information.
Step 2: Decide what to sell.
For your first little experiment with eBay, it doesn?t really matter what you sell. Take a look around the room you?re in - I?m sure there?s something in there that you?re not all that attached to and could put in the post. Small books and CDs are ideal first items.
Step 3: Submit your item.
Click ?Sell?, and you?re on your way to listing your item.
The first thing you need to do is choose a category - it?s best to just type in what the item is and let eBay choose for you. Next, write a title and description. Include key words you think people will search for in the title box, and all the information you have about the item in the description box.
Now set a starting price. $0.01 is the best starting price, as it draws people in to bid who otherwise wouldn?t, and items will almost never finish at such a low price. The next thing to set is the duration of the auction: 3, 5, 7 or 10 days. This is up to you: longer sales will usually get more bids, but will also seem to drag on forever. If you?ve taken a picture, add it now - items with pictures always sell for more. Finally, tick the payment methods you will accept (just PayPal is best for now), and where you will post to (limit yourself to your own country to begin with). Submit and you?re done!
Step 4: Wait for it to sell.
Posted on 15th October 2008
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What You Need to Know BEFORE You Get Started on eBay
So you?ve decided that you want to get started as a seller on eBay. There are a few things that you really need to know before you go and throw yourself in at the deep end.
What to Sell.
First off, you need to know what it is you?re going to sell: what?s your speciality? You?ll do far better on eBay if you become a great source for certain kind of products, as people who are interested in those products will come back to you again and again. You won?t get any loyalty or real reputation if you just sell rubbish at random.
When you think about what to sell, there are a few things to consider. The most important of these is to always sell what you know. If you try to sell something that you just don?t know anything about then you?ll never write a good description and sell it for a good price.
You might think you?re not especially interested in anything, but if you think about what kind of things you usually buy and which websites you go to most often, I?m sure you?ll discover some kind of interest. If all else fails mention it to your friends and family: they?ll almost certainly say ?Oh, well why don?t you sell??, and you?ll slap your forehead.
Out of the things you know enough about, you should then consider which things you could actually get for a good enough price to resell, and how suitable they would be for posting. If you can think of something of that you?re knowledgeable about and it?s small and light enough for postage to be relatively cheap, then that?s great!
Don?t worry if you think the thing you?re selling is too obscure - it isn?t. There?s a market for almost everything on eBay, even things that wouldn?t sell once in a year if you stocked them in a shop. You?ll probably do even better if you fill a niche than if you sell something common.
Tax and Legal Matters.
If you earn enough money, you should be aware that you?re going to have to start paying tax - this won?t be done for you. If you decide to sell on eBay on a full-time basis, you should probably register as a business.
Prepare Yourself.
Posted on 12th October 2008
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An eBay Seller?s Checklist
Being a seller is a lot of responsibility, and sometimes you might feel like you?re not doing everything you should be. This simple checklist will help you keep on top of things.
Have you found out everything you possibly could about your items? Try typing their names into a search engine - you might find out something you didn?t know. If someone else is selling the same thing as you, then always try to provide more information about it than they do.
Do you monitor the competition? Always keep an eye on how much other items the same as or similar to yours are selling, and what prices they?re being offered at. There?s usually little point in starting a fixed price auction for $100 when someone else is selling the item for $90.
Have you got pictures of the items? It?s worth taking the time to photograph your items, especially if you have a digital camera. If you get serious about eBay but don?t have a camera, then you will probably want to invest in one at some point.
Are you emailing your sellers? It?s worth sending a brief email when transactions go through: something like a simple ?Thank you for buying my item, please let me know when you have sent the payment?. Follow this up with ?Thanks for your payment, I have posted your [item name] today?. You will be surprised how many problems you will avoid just by communicating this way.
Also, are you checking your emails? Remember that potential buyers can send you email about anything at any time, and not answering these emails will just make them go somewhere else instead of buying from you.
Do your item description pages have everything that buyers need to know? If you?re planning to offer international delivery, then it?s good to make a list of the charges to different counties and display it on each auction. If you have any special terms and conditions (for example, if you will give a refund on any item as long as it hasn?t been opened), then you should make sure these are displayed too.
Have you been wrapping your items correctly? Your wrapping should be professional for the best impression: use appropriately sized envelopes or parcels, wrap the item in bubble wrap to stop it from getting damaged, and print labels instead of hand-writing addresses. Oh, and always use first class post - don?t be cheap.
Do you follow up? It is worth sending out an email a few days after you post an item, saying ?Is everything alright with your purchase? I hope you received it and it was as you expected.? This might sound like giving the customer an opportunity to complain, but you should be trying to help your customers, not take their money and run.
Being a really good eBay seller, more than anything else, is about providing genuinely good and honest customer service. That?s the only foolproof way to protect your reputation. Of course, you might be wondering by now whether it?s really worth all the hassle to get a good reputation on eBay. Won?t people buy from you anyway, and couldn?t you just open a new account if it really comes down to that? Our next email will set you straight.
Posted on 11th October 2008
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eBay: The First 10 Years
Yes, you read that correctly: ten years. eBay was created in September 1995, by a man called Pierre Omidyar, who was living in San Jose. He wanted his site - then called ?AuctionWeb? - to be an online marketplace, and wrote the first code for it in one weekend. It was one of the first websites of its kind in the world. The name ?eBay? comes from the domain Omidyar used for his site. His company?s name was Echo Bay, and the ?eBay AuctionWeb? was originally just one part of Echo Bay?s website at ebay.com. The first thing ever sold on the site was Omidyar?s broken laser pointer, which he got $14 for.
The site quickly became massively popular, as sellers came to list all sorts of odd things and buyers actually bought them. Relying on trust seemed to work remarkably well, and meant that the site could almost be left alone to run itself. The site had been designed from the start to collect a small fee on each sale, and it was this money that Omidyar used to pay for AuctionWeb?s expansion. The fees quickly added up to more than his current salary, and so he decided to quit his job and work on the site full-time. It was at this point, in 1996, that he added the feedback facilities, to let buyers and sellers rate each other and make buying and selling safer.
In 1997, Omidyar changed AuctionWeb?s - and his company?s - name to ?eBay?, which is what people had been calling the site for a long time. He began to spend a lot of money on advertising, and had the eBay logo designed. It was in this year that the one-millionth item was sold (it was a toy version of Big Bird from Sesame Street).
Then, in 1998 - the peak of the dotcom boom - eBay became big business, and the investment in Internet businesses at the time allowed it to bring in senior managers and business strategists, who took in public on the stock market. It started to encourage people to sell more than just collectibles, and quickly became a massive site where you could sell anything, large or small. Unlike other sites, though, eBay survived the end of the boom, and is still going strong today.
1999 saw eBay go worldwide, launching sites in the UK, Australia and Germany. eBay bought half.com, an Amazon-like online retailer, in the year 2000 - the same year it introduced Buy it Now - and bought PayPal, an online payment service, in 2002.
Posted on 7th October 2008
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Learning the eBay ?Lingo?.
Do you have trouble sometimes understanding when people talk about eBay? Don?t worry, some of the jargon is really obscure, and you can?t be expected to understand it until someone?s told you what it means. Here?s a little list of some of the most useful lingo to know, but you don?t need to memorise it - even the most common jargon is only used relatively rarely.
Words.
Bid: telling eBay?s system the maximum price you are prepared to pay for an item.
Dutch: an auction where more than one of an item is available.
Feedback: positive or negative comments left about other users on eBay.
Mint: in perfect condition.
Non-paying bidder: a bidder who wins an auction but does not then go on to buy the item.
PayPal: an electronic payment method accepted by most sellers.
Rare: used and abused on eBay, now entirely meaningless.
Reserve: the minimum price the seller will accept for the item.
Shill bid: a fake bid placed by a seller trying to drive up their auction?s price.
Snail Mail: the post, which is obviously very slow compared to email.
Sniping: bidding at the last second to win the item before anyone else can outbid you.
Abbreviations.
AUD: Australian Dollar. Currency.
BIN: Buy it Now. A fixed price auction.
BNWT: Brand New With Tags. An item that has never been used and still has its original tags.
BW: Black and White. Used for films, photos etc.
CONUS: Continental United States. Generally used by sellers who don?t want to post things to Alaska or Hawaii.
EUR: Euro. Currency.
FC: First Class. Type of postage.
GBP: Great British Pounds. Currency.
HTF: Hard To Find. Not quite as abused as ?rare?, but getting there.
NIB: New in Box. Never opened, still in its original box.
NR: No Reserve. An item where the seller has not set a reserve price.
OB: Original Box. An item that has its original box (but might have been opened).
PM: Priority Mail.
PP: Parcel Post.
SH: Shipping and Handling. The fees the buyer will pay you for postage.
USD: United States Dollars. Currency.
VGC: Very Good Condition. Not mint, but close.
Posted on 6th October 2008
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