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How to Sell Successfully on eBay- Top 10 Secrets
1) Low starting Price
Before you list your auction, ask yourself what’s rock bottom amount you’d be prepared to simply accept for your item. A coffee starting price will attract more bids and at a quicker pace – usually within the primary day of the listings. Research shows that a .99c starting price will get you bidders within a couple of hours. Many vehicles and high value items are sold with a coffee starting price especially by established Power Sellers – because unless it’s a particularly poor week the item will normally find yourself with many bids and at a price that’s acceptable to the vendor.
Additionally, users are more likely to look at auctions which have already got a successful bid because it generates interest in your item. It’s like if you see a market stall with many people standing around it – your curiosity would tell you to stop and see what’s generating interest. Use curiosity to your advantage.
2) No Reserve
Many sellers still place reserve prices on their item. A reserve price is one which unless it’s met by your sellers you’re not obliged to sell the item. An example would be if you’ve got an reserve of $10, and your item sells for $9.00 you do not need to complete the sale & release the item. Reserve items, although very occasionally could also be necessary within the case of extremely high value items or businesses purchasable are off putting to bidders. Why would you bid on an item with a reserve price on, unless you already knew were conscious of what the reserve was. Personally I’d search for alternative items without a reserve price.
eBay has already removed the Reserve Price option from a number of it’s site during a move that’s largely welcome by the bulk of users. It might be a symbol that this about-face are going to be extended to all or any of it’s sites.
3) Images
An Image is worth thousand words. Take photos of your item to obviously show the condition of it, and any damage or unusual aspects of it. eBay allows you to include one photo freed from charge and if you employ your own image hosting service you’ll easily include as many photos as necessary to point out your item during a detailed manner.
Many Power Sellers spend to twenty photos for one single item. Ask yourself how many are necessary for your item, and also think about using the gallery option so the image will appear within the search listings.
4) Cross-Promotion
You’ve worked hard to urge users to look at your listing, so while their viewing it also include a link to the other items you’ve available. This is often allowed in addition to the already provided link to “View other sellers’ items”. You’ll use commercial services (such as Anadale) to incorporate images and descriptions of your other items.
5) About Me Page
Sell yourself on your About Me Page. This is often your chance to determine some credibility for yourself. The most important reason people won’t buy from you online is because you’ve got did not establish any credibility for yourself. So include details about you and your business. Where are you situated?, how long have you been registered on eBay?, What does one specialize in? If your a high volume seller you’ll also want to incorporate a photograph of yourself. Have a glance at other About Me pages to ascertain what works and what doesn’t.
6) Return Policy
Nothing gives buyers greater confidence than knowing that they will return the product if it’s not for them. So consider drafting yourself a returns policy. Will you accept returns? What if the item arrives faulty? How long is that the policy valid for?
It may appear to be an enormous risk to supply such a policy knowing that you’ll need to incur a price relisting and reshipping items but only a really bit of users will return the things.
7) Feedback
Leave feedback for the winning bidder as soon because the item is purchased. Some sellers wish to protect themselves by only returning feedback when it’s left for you. I consider this unprofessional and your bidders will presumably think the same too. Don’t be frightened of getting a negative or neutral discuss your feedback record. The bulk of users will consider all of you feedback before bidding, not just watching one or two comments.
Additionally, if you deserve any feedback left for you like if you were late shipping, accept it had been you fault. Don’t be too worried about admitting it with an apology in response to your feedback. You’ll also want to compensate your winning bidder with reduced postage or a bonus item to point out it had been a genuine error on your part.
If you recognize the there’s getting to be a delay in completing any transaction, email the bidder and inform them. Apologize with a comment like “This is a rare incident that’s completely out of my control. I hope by watching my feedback record you’ll see this is often an completely isolated incident”. Always try to keep it up good terms with all of your buyers.
8) Instant attention
Give immediate attention to your bidders and prospective bidders. Don’t leave a delay of days before responding to any emails or phone calls. And following a successful transaction you’ll want to email your bidder to inform them when the item has been shipped and when it’ll be expected to arrive.
I know many sellers, a number of them Power Sellers who takes days to reply to an easy email. If you don’t have time to reply immediately consider delegating the responsibility to somebody else who can respond on your behalf. Never give any bidder reason to doubt whether you’re a real seller or not.
9) eBay Store
Opening an eBay Store may be a necessary step for anyone medium sized seller.Not only does one enjoy cheaper and longer listings within your shop, but you can also cross-promote your products easily, send newsletters and establish a trusted brand for your listings easier. Also you’ll gain more coverage (and hopefully bids) for your listings by appearing within the eBay store directory.
10) Shipping
Don’t be tempted to over price your shipping costs and check out to form a little profit on this. Firstly you’ll be acknowledged to simply, and it’s one among the foremost unforgiving things for a seller to try to do. More importantly over pricing your shipping costs is against eBay policy.
If you’re offering digital goods like an eBook or special report, you may consider a little handling fee to hide some time and administration costs. If you do confirm it’s fair and clearly highlighted within the item listing. The last thing a bidder wants to try to do is locate out there are unexpected costs associated with a sale they’ve made.
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