Archive for the 'Auctioneering' Category

Ebay Selling Secrets - Live And Learn While You Give And Earn

Now that you have finalized your decision on making Ebay your primary business venture then you need to take one step at a time. The best way to do this is by selling your products and services part time while gathering valuable information on the selling secrets which will help in becoming successful.

Learning the tricks of the trade can take time but worthwhile and profitable. Familiarising yourself with Ebay selling secrets will get you off to a great start.
To start your business all you need is access to the internet and wares to sell, if at this stage you have no product then an Ebay selling secret is to rummage through your own items that are of no use to you but may be well sort after by buyers. Check garage sales/car boots for bargains which can sell on through Ebay.

Number one Ebay selling secret is research - the more information under your belt will make your venture more understanding on the nuts and bolts on how to conduct a business like Ebay. A forensic search behind the scenes of how others have become successful is another fine way of learning. When choosing what product to sell - study carefully to see if there is a market for it. Check for popularity with a keyword search. Remember a picture paints a thousand words - photos is an important part in your auction. By providing snapshots you guarantee a boost in sales. Potential buyers take more interest in pictures thus increasing the chance of a sale all because the customer has just got a bigger picture (excuse the pun) of what it is you are selling. Photos are another selling secret from the Ebay system - just remember the quality of the photos is crucial when selling.

Crucial elements needed to make a success of your business is your choice of keywords and description. It is without doubt a vital Ebay selling secret to use apt keywords. Be precise in your description right down to the last detail. By giving an accurate description on the product can save any heartache that could arise from a disappointed customer a little later down the line.
Always make sure your item is listed in the right category otherwise your item may never be found. This is just another Ebay selling secret which has proven to be a success because sellers have categorized accordingly.

Payment methods should not be complicated, make it easy and simplify any process of money transactions or exchange. Pay Pal is by far the safest and most highly rated way of dealing with the buying and selling procedure. Beware of bogus bidders who want to drain you of your hard earned cash. Just be cautious in situations that you are uncomfortable with - this will help ensure you no loss to your business.

It is an Ebay selling secret to time well with your listings at auction. Do some research on this because of different zones etc? Take advantage of the options available to write an About Me Page letting people know about you. The more they know of you then they warm to you and your product. By doing this you have enforced an essential Ebay selling secret.

Receiving positive feedback builds up your credibility - potential buyers will see this and can make there own judgement from there - most will see you as an honest vendor. Get the figures right when supplying information on Postage and shipping costs.

Promotion and advertising can result in financial losses if not done correctly. A no go is not to put reserve limitations or buy it now into your listings. Most auction participants love the bidding process.
Gather as much inside information on the techniques behind Ebay`s selling secrets to start you off on the right footing. Wisdom prevails so learn by others mistakes not your own as this can be costly.

They say you LIVE and LEARN but in your case you are going to GIVE and EARN.

For sucess in business you have to be in the know - don`t take my word for it and check it out for yourself http://www.ebay.webinputbiz.com Find a niche market - garden features is worth looking in too. http://www.watergardens.webinputbiz.com

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EBay Scams To Watch Out For Or You May Be Next!

There are many eBay scams out there to keep an eye out for when you are selling on eBay. This article will cover a few of the known and not so known scams to be aware of. Whether you’re a causal seller, or a professional seller on eBay, you need to know about these scams so that you can take measures to prevent or recognize if it’s happening to you.

Bid Shielding
This scam is something you need to watch out for as a seller on eBay. Basically the scam is run using two separate eBay accounts. The scam works like this. You put your item up for auction. Let’s say your item is worth $100 and you have no reserve. The first bidder (scammer) comes along and bids $5 on your item. Right after that, another bidder working with the first bidder comes along and bids $200 on your item. Since your item is only worth $100, you receive no more bids for the duration of your auction. Right before your auction ends, the first bidder backs out and cancels their bid, leaving the $5 bidder the winner, effectively shielding all other potential bidders because of the $200 bid.

Because of the potential for this scam it is always good to have a reserve on your auction. Also, I would put some sort of disclaimer on your auction stating that if you suspect bid shielding on your auction, you reserve the right to back out of the sale. It’s always a good idea to keep an eye on your auctions and watch for this type of behavior. If you suspect this is happening to you, be sure to report the parties involved to eBay right away.

Wholesale List Scam
This scam takes advantage of the fact that many people don’t pay close attention or read the fine print on an auction. This scam is targeted at buyers who are looking for deals on electronics and technological items on eBay. The wholesale list scam is basically an auction that looks like the seller is offering a great deal on a product like an iPod for example. They may have a buy now price of $40 for an iPod that is worth $150. However, if you actually read the fine print on the auction, you will find that you are not really buying the iPod. In fact you are purchasing a wholesale list.

To avoid this scam, just be sure that you read the entire details of the auction before making a bid or a purchase. Basically, just use common sense. If it looks too good to be true, it probably is, so read the auction carefully.

Bad Check Scam
This eBay scam is exactly what it sounds like. The bad check scam is simple. Someone purchases your item and sends you a check as payment. You receive the check, and send out the item. However, 2 weeks later you find out the check bounces and now you are out your item and the money.

To avoid this, simply do not send out any products until the check has cleared.

Spoof eBay Emails
This eBay scam is an attempt to get your personal information and/or eBay account information. Basically the scammer sends you an email that looks like it’s from eBay. The email may direct you to a website (that also looks like eBay) where it asks to you verify your information. In reality, the website is created by the scammer to collect your personal information and use it for identity theft. The scammers can be very tricky and make everything look very official.

To avoid this scam, you need to be wary of any emails that you get. The first thing you need to check is the email header. Emails from eBay, will have “@ebay.com” as the last part of the senders email. Also any links that are in the email may be directing you somewhere other than where they say they are. Also copy and paste the links into your browser, and only visit official links that start with “www.ebay.com”. If anything seems suspicious to you, forward the email to eBay and wait for their response. They will let you know if it’s legitimate or not.

In conclusion, most people you run into on eBay are good honest people and not out to scam you. You may do business on eBay for years and never run into any of this. However, occasionally these things do happen so it’s important to use common sense and use your best judgment when it comes to this stuff. Just be aware that it can happen, and take the necessary precautions and you will be fine. There’s a lot of money to be made on eBay, so don’t let anything scare you off. Keep yourself armed with knowledge and information and you will be successful out there in the auction world!

This article was written on behalf of eBayBusiness.net by Webmaster and Internet Marketing Specialist Jason Cooper. Visit www.ebaybusiness.net and download 3 eBayBusiness.net Success Reports for free today! (c) 2005, eBayBusiness.net. This article may be reproduced in all venues so long as the content and by-line are reprinted intact and all links are set live.

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Know What, You too can be an eBay Powerseller!

An eBay powerseller is an official designation bestowed by eBay upon those sellers who have reached a certain sales performance and have a high level of total feedback. To be named as an eBay powerseller, you have to achieve at least a 98% positive rating by other eBay users.

For a live example of an eBay powerseller, there’s Ted Corriher, a home, garden and farm equipment dealer in Newton, North Carolina. When he started out four years ago, he didn’t know much about computers or the internet. He didn’t even have a personal e-mail account.

During that time, all of his friends were buying on eBay, and he didn’t want to be left out. He asked one of his employees to research about eBay and find out how he could sell his equipment on eBay. Now, three years later, he sells about $100,000 worth of equipment on eBay every month. His predominantly tractor-sales business has grown from $4 million to $10 million according to his annual sales.

Since joining to become part of the 147 million registered users on eBay, Corriher says that being an eBay powerseller has been a rewarding and enlightening experience for him. It also helped in reviving his grandfather’s business. He has also started on business expansions.

For those of you wanting to be inspired, and become an eBay powerseller like Corriher, know that it’s not impossible for a startup seller to reach the eBay powerseller level of achievement in a short time of 3 years, like Corriher did.

So, as you aim for the recognition of being an eBay powerseller, start focusing your energies first on being a better eBay seller. Here are ten tips that can help you to transform into a better seller.

Once you got this far, you already got the basics of eBay. However, there are several little, but significant things left that you may not have thought of trying, yet.

Some of these tips may go against other advices being given for eBay selling. Some are a little risky and some are just odd. But, there’s no harm in trying, though. And you can easily discard the things you don’t agree with and apply those you want to keep using.

1. Keep more records - even if it sounds time consuming, it would probably keep your job of tracking down cheques, delivery and shipping receipts and other such paper work, easier in the long run.

2. Post without payment - this might sound a bit risky, but it means that the buyers get their items more quickly than the usual process of waiting for payments to clear and be received. Do this ideally for small items, you might find it worth the occasional loss to give such quick service. Buyers would remember you for it.

3. Post every day - if you have started shifting on high volume items, posting them every day might help you satisfy your customers. By posting your items everyday, your customers will them quickly enough and thereby make them very happy, indeed. If you have items that are small enough to drop in a postbox, you might consider doing this.

4. Encourage an auction mentality. Entertain bidders by boosting them to place a bid on the product and not just buy quickly. However, make it very clear when it’s the last or only stock you’ll be getting in. Boost the bid winners’ confidence more by referring to them as ‘winners.’

5. Mention every defect your item has. Or better yet, have a good, truthful & detailed description of your item in the search results listing. By doing this, you build credibility and have buyers trust you. People bid more when they trust the seller.

6. Say how you got the item. This should also be part the detailed description you need to prepare. Say all, like the fun details of how you got hold of what you’re selling. Providing this bit of information gives your auction character and, again, builds trust.

7. Accept odd payment methods. Be flexible on whatever forms of payment your buyer would suggest.

8. Don’t be afraid to sell low. By occasionally letting an item go for a really low price to a good buyer, chances are you might be getting even on it. But, you have secured a buyer who’ll come back again and again.

9. Give free shipping for a certain number of orders, or orders over a certain amount. Sometimes people buy some item they don’t want, just because of the free shipping. Try it, it is an Amazon.com tactic

10. Ship worldwide. Be nice to international customers and get more market by this. Take time to investigate the prices. Just imagine how much your market will expand once you do worldwide shipping.

So, have you gotten the drift? In keeping up with how an eBay PowerSeller thinks, the best advice is this: don’t opt for short-term gain with long-term risks.

In putting up a business, be serious and focused, look after your reputation, manage your selling properly and provide good customer service. Don’t think ahead too soon for the times where you will reap rewards. Chances are, if you spend your time thinking up and doing ways that will help your business grow, your reward will just come to you in due course and out of the blue, too!

Then, finally you’ll get a little badge next to your name that reads, eBay PowerSeller, which will make people trust you more!

For more information about this part of becoming a ebay powerseller, please refer to my definitive guide to becoming a ebay powerseller at http://www.ultimate-ebay-selling.com.

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eBayer’s Beware!

If you’re an eBay seller/buyer, or have dreams of being one someday
It’s important you take into account the serious headaches you
may be taking on and the position you could be putting yourself
into in the future!

It’s not all it’s cut out to be. A serious lack of customer support and
a genuine lack of concern for it’s community is more likely what you will find. Seller’s and buyers from around the world experience pains
they never thought possible before joining the online giant.

In my research on the company, as well as from my own personal experience, I have come to the conclusion I made a very large mistake investing my efforts and hard earned money into the company, in hopes of achieving online success.

While the company is bombarded with complaints from its members,
Served with lawsuits from fellow business’s, it sits back and collects large amounts of revenue from us all while shielded by high priced counsel and claiming to be in no wrong.

Investing very little funding comparably into customer support staff or security, the company ignores the communities cries for help and diverts it’s extremely large profits into other types of businesses much like a virus.

The acquisition of PayPal placed the company into the banking business. The acquisition of Skype, placed them into the telecommunications business. The recent further investment into WI-FI/Peer to Peer is scary.

If the company made it this far with poor business ethics think how far they will go with absolutely none.

If you’re a seller, don’t put all your eggs in one basket!

If you’re a buyer, guard your eggs and your basket!

If someone steals your eggs and your basket, file a complaint with SafeHarbor. A canned response will arrive, maybe.

The END!

David Bell http://www.turnabuck.com

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Choosing the Right eBooks to Sell on eBay

As you may already understand, there is a great deal of profit potential in the field of eBook sales. Many have found they can generate substantial earnings by selling eBooks on eBay, for instance. There are a variety of sources that can provide some very solid information on how to operate and manage an eBook selling business. However, many of these great instructional systems fail to provide some very critical information. They don’t provide a great deal of guidance regarding title selection.

EBook sales are not just about how you sell. It is also a matter of what you sell. That is why choosing the right eBooks to place into your personal inventory is so critical. No one would think of opening a traditional brick and mortar bookstore without having some idea of the kinds of titles the store would stock. For some reason, however, many eBook resellers hop right into the eBook market without having any clear notion of what kind of eBooks they will be selling.

Picking the next great eBook seller may be more of an art than a science, and there is no sure way to predict which titles will perform the best. However, there are a few factors one can consider to help guide them in making wise decisions.

Newer titles offer more potential. Anyone seeking to make a healthy profit from eBook sales should realize that newer titles will generally outperform older titles. This is not so different than the traditional book market. However, the value of carrying new merchandise may be even more pronounced in the digital setting. Internet audiences tend to find new information and accumulate it faster than others. Thus, in order to really post huge returns on investments, you will need to stay in front of the curve. New titles may cost you more to obtain, but the value of owning reseller’s rights to the hottest new thing will certainly make that cost a worthwhile investment.

Name recognition can be important. EBook sellers need to remember what traditional book sellers have long known. Authors sell books. Regardless of the field in which you plan to operate, working with titles authored by well-respected and recognized authors will always help to increase sales. Readers seek out the familiarity of a known author and tend to respect those who have supplied valuable work in the past. Again, there is a greater up-front cost involved in working with more notable eBook authors, but the cost is a good investment when one considers the better returns they are likely to experience.

There is no perfect way to choosing titles for your eBook selling venture. One is probably best advised to being their eBook selling career by focusing on a niche with which they are familiar. This will better allow them to distinguish between the quality of titles, the distinction of the authors involved and other factors that can make a difference. Newer titles and titles by recognized authors are always more desirable than older material produced by no-names. The rights to great titles may cost a bit extra, but the expense is more than justified by the end result.

Copyright 2006 John Thornhill

John Thornhill trades on eBay under the username planetsms. For more advice on how to succeed on eBay with information products visit http://www.planetsms.co.uk

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Are You an Ebay Shopper?

As I write this article, I am keeping an eye on an item on eBay. Do I have to keep an eye on it? No. I have set up a program that swoops in in the final seconds of the bidding, leaving the previous bidder, who thought they had the item, wondering what happened.

Is that what is happening to you in business? Do you think you have customers sewn up; success just with your grasp, but something always goes wrong?

There is talk in the news about the Retail Industry slowdown in home décor, furniture and home improvement sales. Pier 1 mentioned they are streamlining and cutting their merchandise offerings by 25% to focus on their core customer. Many retailers who were interviewed mentioned that they have been watching the slowdown trend for a while and already have plans in place to manage what’s happening.

Is that how you run your business? Do you look at seasonal, regional and/or global trends that will affect the future of your business or do you wait until the bottom falls out and then wonder what you are going to do. Wouldn’t you rather have a heads up on what’s happening, before it happens?

Sometimes even experience researchers find it difficult to be guided by research. Instead they look for facts and theories to support the hypothesis that is already formed.

If you think that research takes too long, sign up for a number of newsletters and let the information come to you. If you worry about being spammed, use a hotmail account. Keep an open mind. Rather than coming to conclusions before you have the information, make a list of specific facts and assign weights that will influence your decisions. Create a chart and fill in the answers from each information source, tally the weighted results and then make your decisions based on fact…tempered by entrepreneurial intuition. Set up a system that works for you and commit to use it.

If you are in Retail then these two web sites have newsletters that report on trends from all over the world.

http://www.springwise.com

http://www.trendwatching.com

No matter what your business, somewhere on the net there are newsletters/RSS feeds that can deliver information to give you the edge you need, so you aren’t sideswiped…knocked out of the game in the final seconds.

And my purchase on eBay….I missed the first one because someone else paid more than I thought it was worth; but the second one…the competition is still wondering what happened and my purchase is on it’s way. I used my proven system and won.

Do you want things to be your way in your world or do you want to know what’s really going on in your industry so you can anticipate challenges and make plans to avoid problems?

A theory must be tempered by reality.
-Jawaharlal Nehru

Copyright(c) 2005 Nancy Fraser Nota Bene Consulting, All Rights reserved

Nancy Fraser is the President of Nota Bene Consulting. She has been helping clients improve their advertising results and grow their businesses for over 20 years. Free advertising and marketing information in the Notable News http://www.notable-marketing.com

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How to Focus on What It Takes to Make Money Selling on EBay

As eBay has grown and evolved over the years savvy eBay sellers have
had to adapt, as is the case in any business. In the early days of eBay,
virtually any items put up for sale would receive multiple bids. This
allowed the sellers to start an auction at $1 and not have to worry
about the final winning bid amount. The market price on eBay would
dictate the true value of the product.

As time passed, more and more sellers entered the eBay arena which led
to a dramatic shift in starting bid techniques. A majority of eBay
Powersellers now use the fixed price format. In order to do this
effectively, the seller needs to do a lot of eBay research prior to putting
auction items up for sale.

By using the eBay Search Function and researching the last two weeks of
completed auctions on an item, you can gauge what that item should sell
for. It is a good idea to eliminate both the high and low final sale
prices and then take an average of the remaining items to determine the
fixed auction price.

There are several reasons top eBay Powersellers use this pricing
strategy. Even though there are more sellers and increased competition,
buyers are also more knowledgeable and they will also do a simple check of
recent sales before they look for the item priced in the average range
and simply buy it now.

This allows Powersellers to obtain market price and actually increase
their sales because they do not have to wait for the end of the auction
to complete the sale of their items. Another plus, this also thwarts
the auction sniper who uses automated programs to shoot off a
computer-generated bid in the closing seconds of an auction.

Use the pricing technique that the top tier of eBay’s elite sellers are
using today to increase your monthly sales and receive fair market
prices for your auction items.

Tim Gilberg is able to provide information and insight from a unique
perspective - that of someone who is actually doing what others just
talk about. Ebay Power Seller Platinum Status was Attained by Tim Gilberg, which is one of the highest sales levels attained selling on eBay. Tim is active on Ebay and liquidation.com as well as consulting
and working with other Top ebay Power Seller’s to give you real life
in use insight, not theories.Visit Tim Gilberg at his website Make Money on eBay

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10 Secrets You Should Know Before Bidding

Yes! You know many online auction sites.

Course you may have participated in some of the biddings.

The next time you decide to bid for a product or a service, do remember these vital online auctions secrets and tips.

1. Important to know the value of the product you plan to bid. Product is new? Check the price retailers are charging for it. It helps in two ways, you’ll know the original cost and helps you to pay way less than the retail value, if it is old or re-conditioned.

2. To ensure that you get a good product, get the complete information and picture of the product from merchant, if the details are incomplete on the site.

3. Decide your maximum paying limit and stick to it lest you may end up caught in the ‘bid war’ and end up paying more than the actual cost.

4. It is always good to check a few auction sites for you may find the same product at a much lesser price in some unpopular sites simple because of the fewer number of buyers in those sites.

5. Make a note of the auction begin and end time. And the shipping time as well. This helps you to calculate the time when you want the product at a certain date.

6. Payments: Check the various payment modes the merchant offers. If checks and money orders are accepted, the delay in delivery will invariably be delayed for the payment has to clear. If the credit cards are accepted, ensure they have secure server.

7. Find out if the merchant offers a warranty or money back guarantee before the bid. Surely you don’t want to be bogged down with a non-working or unsatisfactory product.

8. Always good the check the track record of the merchant, if offered one. See if you can bump into any complaints from the past customers.

9. Start your auction early to convey a message to other that you’re interested in the product. If someone outbid you, you do the same. Always remember your maximum bid limit.

10. The reason to know the bid time - it helps you place a last minute bid, assuming that other bidders may not have kept track of the bid time

Pradeep Aggarwal is an Internet Entrepreneur and a leading Online Business consultant, He has conducted many workshops and seminars across the world empowering people on How to start money-making Home Based Business. He also provides niche Website Promotion Tools for internet marketing

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Wholesale And Dropshipping - Your Guide To Success

If your interested in setting up your own retail business, be it online or offline, you will need to find a good wholesaler or dropshipper. Finding the right wholesaler will make all the difference to your business as being able to have a constant source of good quality stock at low prices could be the difference between success and failure. Have you ever looked at wholesale lists and found that the price is no different to what you would pay in a normal shop? Do you wonder how people on eBay make money when they sell products so cheaply? Well read on and I will tell you the best way to go about sourcing stock from a wholesaler.

The best place to start is to go directly to the manufacturer of the product that you want to sell. When you first start out in business it is unlikely that you will be able to buy direct from the manufacturer, but the important thing is that they will be able to advise you who are their official distributors, wholesalers and dropshippers. By doing this you can go direct to the official distributor rather than buy from a middle man who claims to be a wholesaler but is only purchasing from the distributor.

When dealing with wholesalers and dropshippers you will get the best results if you visit their premises in person. Do not expect to be able to view a catalogue online and order without any human contact. Most genuine wholesale businesses do not even have a website. It is important to build up a good relationship with your wholesaler. This will ensure that you get the best deals. If you can’t meat them in person then at least correspond over the phone rather than email.

If your looking for discount products that are maybe ‘end of line’ or out of season then their are a few tactics you can try. Approach the head office of a big department store and find out what they do with these kind of products. Many will sell to specific wholesalers but if you can be persistent and find a contact at the store it is possible to start purchasing from them. Also visiting liquidation auctions can be a usefull way of making contacts. Buying some stock like this from a company whose products you want to stock will allow you to gain a contact with that company. In the future they will be likely to contact you to buy the stock before it goes to auction.

With these handy hints you will be well on your way to finding the right wholesaler or dropshipper and thus making your new business a success.

Tina Banks writes for http://www.wholesaleadvice.com

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eBay: Best Time to List Your Product - And Why You Should Never Rest on the Sabbath Day!

The weekend, notably Sunday, Saturday to a lesser extent, when more people are off work and using their computers, is the best time to end an auction in expectation of high visitor levels and greater chance of a bidding frenzy for your listings.

I find Sunday evening, 6 pm onwards, is the optimum time for me and many other prolific UK sellers.

So, for a seven day listing, surely that means spending all weekend photographing and describing items to sell seven days hence? While other people are off work?

Not so, you can in fact work just a few days, Sunday not included, and still have all sales end Sunday at a precise time that suits you best.

This is how:

* Using Turbo Lister you can list as many items as you wish and upload to eBay at leisure, in this case round about 6pm on Sunday evening. Obviously, the more items uploaded this way, the longer it takes, and you might find uploading one thousand items, starting 6pm takes you way beyond next week’s 6pm sale ending deadline. First week is unpredictable, next week start uploading earlier to meet that 6pm deadline.

* Use 3, 5, 7 or 10 day auctions according to days you list items. So if you’re listing Saturday and Sunday, use 7 day auctions, they’ll end next weekend. Monday and Tuesday use 5 day auctions, again ending Saturday or Sunday. Wednesday and Thursday use 3* or 10 days auctions, again for weekend finishes. Fridays don’t fit the plan, and one day auctions are generally too short for all but perishable and really hot selling items. *Three day auctions aren’t always a good idea either, so test carefully, or use ten day listing instead.

* The biggest bonus of all listings ending together is that you can plan your week more profitably, visiting auctions, checking suppliers, fulfilling orders, without having to be home every day answering last minute questions from last minute bidders.

NOTE: This article, written for UK readers, is equally important for eBay sellers worldwide, who sell mainly in their own country. International sellers should consider the effect international time differences may have on their listings, especially for last minute bidding. For example, 6pm in the UK is mid day to mid afternoon in most parts of America, and the middle of the night in Australia. From experience I end my auctions according to my most likely target market. So if I’m selling vintage postcards of Australia, I’d end the auction early morning in the UK (afternoon in Australia); auctions for USA postcards would end late evening in the UK, about ten o’clock, close to mid day or afternoon in America.

Avril Harper is a triple eBay PowerSeller and editor of eBay Confidential at http://www.1st-in-auctions.com. She has produced a free guide - 103 POWERSELLER TIPS - which you can download with other freely distributable reports and ebooks at http://www.toppco.com

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