12 tips to help you earn more
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July 01, 2010 |
 Most Internet users are pretty familiar with buying things on eBay, often at a significant discount. On the selling side however, many people still hesitate to get involved. Don't be intimidated -- here are twelve tips that will help you get the most out of your eBay selling activities.
1. Do your research
It costs nothing to browse eBay, and that's part of the charm. But you can make that work for you as a seller: search for your item, not only to work out what to charge for it, but also to gauge interest. If an item is consistently listed with no bids, perhaps there's little demand, or sellers are asking too much. Can you undercut them and still make a profitable sale? It's also a good idea to see how different items are promoted; while it's a copyright infringement to steal someone else's listing description, there's nothing to stop you using the same basic ideas in yours.
2. Don't overspend on a listing
The first time you set up an eBay auction, you'll be met with a dazzling array of choices, all of which seem rather cheap. eBay will always charge you an insertion fee for listing your auction (currently starting at 30c for auctions with a starting reserve price under a dollar), as well as a final value fee, but everything else can look mighty tempting. Extra pictures for 25c each? Bold entry for $2 to really stand out? While there is nothing in principle wrong with extras, be wary of spending too much on them upfront. Bear in mind that eBay will charge you these fees even if your item fails to sell and, according to their current terms and conditions, this includes even if a buyer fails to pay you.
 3. Choose your categories carefully
Again, this is a question of not overspending, especially if you're selling small items that aren't individually worth that much. Depending on how you initially describe it, eBay will, by default, suggest likely categories that your item may fit. The trap with category listings is that adding each additional one doubles your insertion fee. Note that it will also double your upgrade fees, for pictures and the like.
4. Use your own picture storage
Your first picture with eBay is free, but there's nothing stopping you using your own online picture storage instead. Why would you want to? Well, because eBay will charge you 25c for each additional picture. Hosting your own pictures will also give you absolute control over what's shown in a listing, including when you want to take photos down or change them. Don't use pictures hosted on sites out of your control, or you might receive a nasty surprise should someone change the content.
Continue:Selling on eBayLabels: eBay tips |
posted by Editor @ 7:59 AM   |
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