How To Sell On Ebay: Pricing Strategy

Many new Ebay sellers make one of two mistakes: either
they overprice items to an unsellable extreme; or they
lose money on every transaction by setting low starting
prices with no restrictions.

In this lesson, I am going to go over which pricing
strategies to use and when if you are using a ten-day
auction setup.

Strategy #1

If you are listing a popular item that you are confident
will sell for a high price, one strategy you can use is
the ten-day, one cent starting price, no reserve auction.
This is the best way to start a bidding war: pull in
bidders early with a low starting price and no reserve
and give them ten days and two weekends to battle it out.

Depending on the profit-margin of the item and the
quality and number of your competitors, you may want
to consider using listing upgrades, such as bold,
highlight, and feature listing options to ensure your
auction sticks out of the crowd.

Please note that I do not recommend this strategy for
beginners. This is extremely high risk if you do not
know how to take the risk out of it – and this is not
something I can teach you. You must determine this by
assessing your own personal inventory with tests.

Strategy #2

Now, if you are new to Ebay or want to list an item
with undetermined popularity, you can use a safer, but
potentially as profitable bidding strategy for ten-day
auctions.

You still wont use a reserve with this strategy.

But
instead of setting the start price low to encourage
a bidding war, you are going to set your start price
to your ideal selling price – and then couple it with
a buy it now price that is slightly higher.

This will put pressure on the buyer to buy it now
instead of watching. If she waits, she gains absolutely
nothing–and she risks someone else bidding (and ruining
the low BIN price) or just snatching it with the
BIN option.

In addition, knowing that she will lose nothing anyway,
she will realize that she can get the item up to ten
days sooner if she uses the BIN option to order it then,
rather than waiting for the auction clock to tick down.

The strategy I described above is very safe. I use
it for the majority of my auctions and I always get
positive results. At worst, it will take me 3-4 weeks
to sell an item, but I wont ever lose money. I just
adjust the price to compensate for additional fees.

Strategy #3

Another effective way to use a ten-day setting is
in conjunction with dutch auctions–or auctions that
sell a number of the same item. Ten-day auctions will
give you the longest amount of time to move the highest
amount of products.

You may also want to feature ten-day dutch auctions,
depending on what items you are selling. If you’re
selling information products and rely on the quantity
of sales for profit, this wont be effective; but if
you’re selling a number of expensive, high profit-margin
items, featuring your auction is probably a good idea.

 Make Big Money Selling on Ebay.

Selling Products On eBay

  When it comes to eBay auctions, umteen people are unsafe as to how to select items to cozen – and where to gestate them. Patch figuring out which items cozen mortal on eBay may be a minuscule difficult, finding those items isn’t arduous at all! You virtuous jazz to be fanciful in your investigate, and book an open deal!

  Move your explore at your own domicile. Groom out the garage, the noodle, and the closets. You testament most apt be very jiggered at the items that you give maturate.

  Don’t straighten the slip of throwing things out, intellection that they are useless.

  What is junked to you may be very utilizable to someone added, and you should try to sale it off! Of direction, items that are raddled out to the measure of not working are not reclaimable to anyone – but if the point is old, and it works mechanism, it can be auctioned off…in fact, it doesn’t straight tally to be old or precious!

  Furnish to light out the attics and garages of senior group as comfortably.

  Senior people incline to execute onto things for age and eld, and as that quantify passes, those items transmute writer expensive. Request to buy items that you deed in their garret or garage. Most grouping don’t realise the appraise of what they someone, and you will likely gather up umpteen dominating commercialism items very punk. In fact, as a way of thanking you, the items may justified be given to you at no accuse!

  Call the field sales and garage sales in your expanse.

  Grouping delude things for close to zero at these income. If it is in good mold, and you guess you can sell it on eBay, buy it. Regularize if it turns out to be an eBay dud, you can e’er resell the item in your own grounds marketing to get your money support out of it. Nevertheless, do many explore before you advantage striking the curtilage sales. Regain out what items and brands are marketing asymptomatic on eBay.

  Flea markets are also major for judgment items to auction off at eBay.

  Record up with how such you pay for items at the flea markets, and when you line the items for sale at eBay, piddle reliable that your request toll is not little than what you originally professional for the items!

  Go to hardware auctions.

  Most hardware businesses auctioneer off the table of the store units when grouping miscarry to pay their store bills. This is a pleasing way to uncovering items to sell off on eBay. Realty income should also be attended to see intoxicated amount modify items.

  Added deciding is to use descent shippers for new items.

  Scope up an chronicle with a drapery shipper is really quite unproblematic. You can auction off kind new items using either the sell article or the buy now film at eBay. Retributive eliminate trustworthy that your jock damage for auctions is not little than what the component testament expenditure you! Once your part is oversubscribed, the deliver shipper will ship the symbol direct to your customer.

  The most weighty attribute nigh merchandising is that you pauperization to form careful the items that you knock are in genuine make and are saleable. This doesn’t think that the item has to be in perfect information – but if it is in fewer than perfect stipulation, you need to convey this entropy when you set up your vendue.

  Use your creativeness, and fix your eyes unsealed constantly for items that you can sale off on eBay. Again, do your research and see out which items and brands do symptomless on eBay. Pee a itemize, and communicate it with you wherever you go!

Get in on the exclusive secret that helps you 
make more money than 95% of current eBay Sellers RIGHT HERE NOW!

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Ebay Codes: Optimize Your Ebay Product Photos For Success

Its a fact. Clear, high-quality photos will greatly enhance your chances of selling your products on eBay. Here are 12 simple tips that will help you make the most of your eBay product photos.

1. You dont need an expensive, high-resolution digital camera for your eBay photos. You just need a digital camera that will produce a 640×480 pixel image (which includes just about all digital cameras on the market.)

2. Before you buy a camera, handle it to feel how comfortable it is in your hands. Make sure the camera controls are logical, and that its easy to transfer photos from the camera to your computer. The camera should be able to focus within four inches or less.

3. When taking a photo for your eBay product, generally select the cameras smallest photo size. If you are going to crop the image or upload it to eBay’s picture services, however, select at least a 1024 x 768 image size.

4. Disable your cameras built-in flash when taking a photo. The built-in flash produces a glare on the photo and makes your products look two-dimensional.

5. Use your cameras Macro Focus feature to take close-ups of your product. (Macro Focus is usually indicated by a tulip flower symbol.)

6. The key to effective product photography is lighting, and the key to effective lighting is control. You can control the strength, size, position, color and number of lights you use. And each of these controls changes how the subject looks. Review your cameras manual to understand your cameras white balance symbols ( i.e. a light bulb for indoor shots with incandescent lights, a sun symbol for outdoor photos, etc.) Youll use the white balance control to get accurate colors. You can preset the white balance to match the type of light you’re using (daylight, shade, tungsten, fluorescent).

7. Use the Exposure Control (EV) to correct light and dark photos. A plus number lightens the image, a minus number darkens it.

8. Use a tripod when taking pictures of your product. The tripod stabilizes your camera and eliminates blurry photos.

9. Photograph your products at an angle.

10.Take more than one photo of each item. For example, if you are selling clothing, take one full-length photo; one photo of the tag showing size, fabric, content, brand; and one or more close-up photos showing the texture of fabric and any details or flaws.

11.Use photo-editing software to make final adjustments.

12.Host your pictures on your own website. You will save money and be able to use as many pictures as you need to adequately show eBay bidders your products. Its simple, and yet 70 percent of eBay sellers dont do it.

Adding high-quality product photos that enhance your eBay listings will greatly increase your sales. Try it today!

The Author enjoy sharing marketing ideas and tips with others. He works for ATC Distribution which supplies Best iPhone 4 Accessories and Best iPod Accessories

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How to Sell on EBay – Getting Started

You have probably seen the advertisements on TV and on the Internet about people learning how to make money on eBay. Learning how to sell on eBay is not a get rich scheme. It requires hard work, but probably not as hard as you would have to work with a regular full time job. While you learn how to sell on eBay, don’t quit your day job immediately. This is because it is going to take a little bit of time before your eBay business is making enough money to support your household expenses.

If you’re looking to make a few hundred dollars or a few thousand dollars a month, it can be done. The great thing about eBay is that the more you put into it, the more you’ll get in return. Learning to sell on eBay can be done in a few different ways. You could buy books or courses that teach you the basics on how to make money on eBay or you could try to learn on your own. Everyone is different, but I think the fastest way is to find a mentor or a step-by-step blueprint to follow. That’s the way I got started.

The first thing that you want to do when selling on eBay is to make sure that you are selecting the right kind of stuff to sell. This involves researching what products sell the best. However, if you’re making your first listings, just grab a few things around the house that you no longer want. These auctions will allow you to gain experience and build your customer service ratings.

How do you research what is selling on eBay? First search eBay for the exact kind of product you have in mind. Are there a lot of people buying this type of product? Are there many auctions up with no bids on any of them? Is the product in high demand? By asking yourself these questions, you’ll have a better idea of what you should sell.

You’ll also be a few steps closer to knowing how to sell on eBay properly.

When you’ve found a product you want to sell, make sure that your auctions have a bit of an edge over other sellers. For example, if you have the same product as 5 other sellers, what would make a buyer purchase from you? On eBay, many buyers are looking for a deal on the price. If you can price competitively lower, then you’ll probably win. However, don’t forget about your eBay fees. Leave yourself some profit margins and you’ll be in business.

While it might take a few months before you get the hang of selling on eBay, you can do it. With a mentor and a plan, you can shorten that learning time significantly. Before you know it, you’ll be making money on eBay. You too will be another eBay success story.

There are many people out there that claim to know how to teach you to sell on eBay, but don’t let them fool you. Have a trusted eBay Education Specialist and profitable PowerSeller show you exactly what you need to know to turn your business into a cash gushing machine.

Related How To Sell On Ebay Articles

eBay Selling Tips – Products

Tip 1: What sells best.

Many people really want to sell the latest products and enjoy the benefits of this. The truth is there is so much competition out there that there are actually many eBay Power Sellers that are not making any money in there field because the margins are just too small because of the competition.

In my experience and the experience of many others the recommendation to make money is to sell used items and or specialized items from a niche. The principle behind this is the fact that there are probably going to be less people selling your exact product and you will have a better potential selling it, if it is a product that is in demand.

There are some great Wholesale search engines out there but beware there are many scams out there to always check out references and do your research.

GoWholesale is a great place to start.

I have also seen people really do well with consumables like printer ink or cosmetics; this is because you will always have the chance to build up a regular list of customers that will repeat order from you.

Tip 2: Look to see what is actually selling.

If you search listings in eBay you can see what is being sold on eBay and what is being listed. This will give you a really great understanding on what is good to sell and what is really not so good. Research is always going to help you to know what you want to sell and where you want to be putting your efforts.

Tip 3: Decide what area you want to specialize in and master it, be the expert that people will come back too.

This is actually one of the most important decisions you will make as an eBay seller. If you want to be successful you need to find your own niche market and work to dominate it.

It does not have to be something you are interested in but it certainly helps because the more you know about your subject the more you will be ahead of any competition.

People are far more likely to buy from you if they see you are a specialist in your market and you will be seen as an expert in your field and start to build a reputation which is going to be good for repeat business.

Tip 4: Finding Liquidation product.

It can be really hard to find these really great items like quality clothes, household goods, toys and sports equipment through wholesalers but you can buy these items through Liquidations and surplus traders. Liquidation is a big player and you can find some great items here. However I would caution you to do your homework on shipping costs and what the items are actually worth before you buy to resell.

Tip 5: Try something new.

It is good to try new items. I love to try new things however start slow and small. Don’t go out and buy a truckload of a new item before you have tried and tested.

Remember this works in reverse as well, don’t be afraid to stop selling something that is not selling so well. Things change and you should be willing to change too if you need to.

You could also try using different ways to sell for example with a different type of headline.

Tip 6: Sell for a friend or otherwise?

Although many people are online, there are still thousands of people who are not. There are even more that really can’t be bothered to sell their stuff on eBay themselves.

Offering a service for others to just drop stuff off and pick up a check is a great way to build a business and also a great way to become really efficient at selling and listing items for profit. A good rule of thumb is 35% on items less than 50 dollars and as items get more valuable drop the commissions down in a sliding scale.

Tip 7: Research your chosen niche properly.

It is so important to research your niche properly. The different niche areas is

are enormous but you need to know you can get the product and sell it for a profit. There is no point of deciding that you will be selling very rare stamps if you can’t get a good supply of stamps at a price that you know you can make a profit from. All I am saying is research properly.

Finding product is the hardest thing in the eBay business and you must not be disheartened if it seems hard. As I have said before Get educated and read all you can to stay in the loop.

Chris Bamber has put together a complimentary report on the eBay Business that will help you over your problems making profit from eBay easily, and quickly.

How I use ebay to find products to resell back on ebay for profit. I show you three different methods of finding this type of product to sell, and show you all three in this video. www.marcsampscon.com