Sunday, January 27, 2008

How to become a Power Seller on eBay: Copy the best and Profit

Want to become a power seller on eBay? Well then, you have to do what the power sellers do! The best way way to master your eBay niche is to learn from your competition and then beat them at their own game.

So, first you need to find out who your competition is! Like all aspects of eBay, this is going to take some hard work. You are going to have to sift through lots of auctions, looking for Power Sellers who stand out in your Category.

So, here is how you learn everything about your competition:

  • Do a search for the items that you are or will be selling.
  • Find about 3 or 4 Power Sellers who specialize in selling these items.
  • Examine their listings:
    • How do they describe their product?
    • What kind of pictures do they take?
    • What are their pricing and shipping strategies?
    • How are their stores set up?
  • Find out what kind of things they are buying on eBay. Some may buy their inventory off of eBay. This is good stuff to know!
    • To see what your competition is buying click on their feedback.
    • Then click "Feedback as Buyer"
    • Then copy the item number from the feedback and paste it into the search.
    • This will give you a good idea of what their buying habits are.
  • If you are really serious about selling in this niche, it is a good idea to buy a cheap product from the Power Seller with the highest feedback and see how they go about sending emails and packaging the item.
  • Through Hammertap you can search and see how much the seller has made in the last month. You can also see what product sells the best, and how many of them they sell each month. It is a powerful tool that really helps you analyze your competition!
Study hard, and then take the best aspects of the top three or four Power sellers and combine them to make your eBay store the best. Copy their practices and reap the benefits!

1 comment:

Herlinda said...

After that then waht? Do you have to wait for eBay to contact you to ask you to want to be a Power Seller? Is there a form you fill out? How do you actually try to get the PS title?