Ebay Auction Site Tips On How To Make Money On Ebay

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eBay Powerseller Secrets - Insider tips from eBay's Most Successful Sellers

The eBay Millionaire - Titanium powerseller secrets

How To Buy, Sell, & Profit on eBay - Kick Start Your Home Based Business in Just Thirty Days

Ebay Auction Site Tips: How To Make Money On Ebay

Subjects > Computers > Internet > Web > Ebay

Steps to sell on ebay

• Register for an ID
• Get a digital camera
• Decide what kind of items you want to sell.
• Research those kinds of items on ebay - See what they are currently selling for. Be sure to use the advanced search to look at completed auctions to see the final prices of the items recently sold on ebay.
• Get merchandise to sell
• Photograph the items
• Write the auction listing text. Include a lot of detail, similar to what you'd want if you were buying the item.
• Pick a category to sell in
• Figure out an attention getting title, or headline, for the auction listing
• Post your auction listing text. Also include details on when you ship your items, how much you charge for delivery.
• Decide what initial price to put on the item
• Add pictures to the auction listing
• Be sure to preview your auction listing before posting it

Read more about each of the Titanium Powersellers Menioned in The Ebay Millionaire

Tips to make more money on ebay

• The lower you price items, the better the chance that multiple bidders will join the bidding and bid up the price. Pricing a $24 item at $9 (or less to start) will often get more bids and a higher final price than if you start the bidding at $25 to guarantee a profit.
• Be familiar with using ebay as a buyer before beginning to sell on ebay:
  • Using ebay makes sure you are familiar with how buyers think
  • Being a buyer on ebay will also build up your feedback score, which is important before selling on ebay.
  • You need to be familiar with the competition
• Start your listings so that they end on the weekend when there are more ebay users online.
• Cross links to auction listings for related items can double average sales.
• Gallery listings (photos in the search listings and category listings) increase sales prices by 11% according to ebay.
• Featured Plus listings get you at the top fo a category listing
• Including a shipping calculator can increase customer confidence
• Offering financing can save you the final value fee (as much as 8%) on sales of $2,000
• On sales to Canada, brokerage fees, taxes, and customs duties can add 15% - 20% to the cost of an item.

How To Write Auction Listings

• If you've sold the same item before, include in the listing feedback comments from previous sales of the same item.
• Including a shipping calculator can increase customer confidence
• Research similar auction items to what you will be listing, and be sure you use common abbreviations, misspellings, and alternate names, for your items.

How To Choose Items To Sell

• Find and sell items which are high demand, from categories like camcorders, cameras, computers, designer purchases, music instruments, networking, jewelry and collectibles.
• Avoid items that don't get many bids, such as clothing, unless it's high end and name brand.
• Bulky items may be less profitable to sell, so remember cost of storage, shipping, and handling, when calculating your profit.
• Very expensive items, such as fine jewelry, may not attract many bids, and should be sold by other means.
• Be careful to avoid selling counterfeit items.

How To Choose the Starting Auction Price

• Ebays listing fees are tiered, and sometimes listing an items starting price for slightly less will let you save money on ebay listing fees.
• Lower starting prices on auction listings tend to generate more bidders.

Tips about photography of ebay items

• Gallery listings (photos in the search listings and category listings) increase sales prices by 11% according to ebay.
• Closeup pictures help buyers understand what they are buying.
• Any damage to an item should be shown in extra photos. This will help reduce complaints after the sale.

Ebay software

• HammerTap?Create DeepAnalysis?Create - Looks at the completed sales in a category to reveal best sellers and most popular items. (Described Page 30 in The Ebay Millionaire)

Ebay statistics:

• 1999 - about 3 million people shopped on ebay each day
• Average item gets 4 bids
• Car listings get 8 bids on average
• Top selling vehicles on ebay: Honda Accord and Civic, and Ford F-150

For more details like these, get this great book focusing only on proven tips from Titanium Powersellers:

The Ebay Millionaire

Other Ebay Related Topics:

• Ebay Books
• February 2005 Message From Bill Cobb Ebay President
• Ebay Auction Site Tips On How To Make Money On Ebay

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