Showing posts with label Ebay. Show all posts
Showing posts with label Ebay. Show all posts

Thursday, January 31, 2008

How to save money shipping eBay and Amazon orders: Thermal Printers

As your eBay business grows you are going to want to save time and money any way you can. One great way to do this is to change your shipping practices. No more writing out labels by hand, or cutting out "labels" from your ink jet printer. Now it is time to get serious!

In order to save money shipping your products from eBay, Amazon, or any home business you have, you need to use a thermal printer!

You need to realize that the ink, paper, tape, and time spent affixing "labels" to your package really adds up. If you are tired of spending money on these items, it is time to consider purchasing a thermal printer. They burn the shipping information onto your label so you don't have to buy ink. You can get the labels for free from UPS and FedEx, and all you have to do is peel it of and slap it on your package.

It could not look more professional.

So, that is quite the sales pitch I just gave you. I just want you to know that I don't actually even sell these. But here is another niche for you, if you know where to find them for cheap! Selling products to eBay sellers is always a good way to go!

Anyway, a good label printer that I recommend is the Zebra Eltron LP 2543. They are as cheap as buying two ink jet cartridges (less than $50), and will last forever. Also, they work with Paypal or Encidia no problem.


Go buy one of these right now, you will be glad that you did!

Monday, January 28, 2008

How to be a Powerseller Part 2: Researching your eBay Competition

In my last post, How to become a Power Seller on eBay: Copy the best and Profit I told you that it was important to see what kind of things your competition is buying. Well, I just found a great tool that will let you see what items your competition has won, the percentage of auctions they have the winning bid in, and how much they have spent in the last 120 days.

All you have to do is type in their name, and you can get a better idea of how much they are willing to spend on the items they are reselling. You can also see the kinds of products they use to ship, and anything else they have bid on.

The website is http://www.goofbay.com/ebay_bid_history_tool.html

Do your homework!

Where to Buy Electronics, Books and Movies, to Sell on eBay

I just found a great new place to buy electronics, books and movies to sell on eBay! I have been working on finding new product sources, and have located one that is sure to have a few bargains. eBay sellers already go to Goodwill to buy their products to resell for a profit, but have you looked at shopgoodwill.com ? It is a great site, and since they do not have that large of a following (compared to eBay) you can easily get some good deals! I recommend looking at the books, movies, music and electronics to find a good stream of products to sell on eBay!

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!

How to Buy on Craigslist to Sell on eBay

There is another great money making idea I have for you. It is all about using eBay and Amazon as a source of product to resell on craigslist.

Every day on craigslist people post "wanted" adds. This gives you direct insight into what is in demand in your local market. Here is how this money making idea works:

  • Search through the craigslist.com wanted adds.
  • Find a high priced product that is relatively cheap to ship (electronics work well for this)
  • Locate the product on Amazon or eBay to see if you can make a profit.
  • If you find a product that you can resell email the person with the wanted add and tell them that you can get them the product within a certain amount of time if they can wait.
  • If they are flexible, buy the item on eBay or Amazon and resell it for a profit!
I have done this a couple of times, and it has worked great. It just takes some time to search for the right product to resell to a buyer.

If you want more money making ideas, and eBay selling tips please sign up to get an email every time this blog is updated.

What Should I sell on eBay? Nintendo Products!



Everyone is always looking for something new to sell on eBay. Well, have you considered used electronics or video games. There is a good market out there for used video games for systems like the Nintendo SNES, Nintendo 64 and others. Today I am going to focus on buying and selling Nintendo 64 related products.

The best way to know what to buy and to sell is to do some research. I recommend looking at the finished auctions. Here is the search that I use to find the highest selling used Nintendo 64 games.

You will see that these are some games you should pick up right away if you see them:

  • Banjo Tooie
  • Conker's Bad Fur Day
  • Harvest Moon
  • Killer Instinct Gold
  • Mario Kart
  • Mario Party
  • Mario Party II
  • Mario Party III
  • Mario Tennis
  • Mystical Ninja
  • Paper Mario
  • Super Mario 64
  • Super Smash Brothers
These games all resell for at least $15.00 a piece. Some up to $30.00, and they can commonly be purchased at garage sales for as little as $2-$5. This is a good way to pad your income.

If you want to go more in depth with the Nintendo 64 venture, I recommend you compile a list of all of the Nintendo 64 games selling on eBay, and look them up on Hammertap. They have a free trial, and you can see the average selling price, and sell through ratio for any item on eBay. It is a great tool to research what sells on eBay.

After you have a list of what sells and how much, you can stop depending on chance to find the random mario game at a garage sale, and start looking to other sources. If you know what sells, and for how much, you can make informed buying decisions. Look at craigslist.com to see if anyone is selling a Nintendo 64 bundle in your area. The 64 and controllers themselves sell for about $30.00 Add a couple of good games, and it could be a profitable venture.

Also, if you are feeling really on top of your game, you can buy bundles of Systems and games on eBay. Every day someone is cleaning out their kids closet and selling bundles of games and systems on eBay, when they could make a much larger profit selling the items individually. This is where you come in. Buy the complete package, and split it up, and resell each item to make some good money. There are quite a few sellers who do this, sharkkisser, ryleys, datsunfamily, to name three.

To see how these sellers get their products to resell, look at the feedback they receive as buyers. They all buy Used Nintendo 64 lots and resell them at a profit. Some of them have become Power Sellers just buying packages and splitting them up to resell on eBay.

You can do this! It is not that difficult, it just takes some homework, and a little bit of start up capital. I can't emphasize enough how helpful Hammertap is for the important research you need to do about these market trends!

If you have any questions, please do not hesitate to ask. I will be here to tell you how to sell more niche products soon!

Thursday, September 6, 2007

How much should I charge for shipping?

It seems like the internal struggle many eBay sellers have is deciding on how much they should charge for shipping.

The problem is that they hate to spend a lot on shipping themselves, but they also hate to lose out on potential earnings.

This is why I say, you should charge a lot for shipping. Well, not a lot, but let me give you an example.

When I first started selling pants on eBay, I would put them in a priority flat rate envelope. This cost 4.60, and I would charge 4.95 for shipping. I did not want to charge too much, and I wanted happy customers.

But then, I read an article by an economist that studied eBay buying habits, and he found that shipping price, to an extent, does not matter.

The moral of the eBay article was that people bid on your item based on how low your starting price is, not how high your shipping price is.

So, I was charging 4.95 for shipping, and then I raised my prices to 6.60. Doing this, I was making an extra 2.00 an auction. That adds up folks, and it completely covered my listing fees and cost of merchandise. This was awesome, and it did not effect my sell through rate at all.

I raised my price, and the amount of items that was being sold remained steady. So I raised my price again.

The third time I raised my price, it went up to 7.95. Doing this I was making an extra 3.35 an auction. This is completely amazing, and adds up so fast. Imagine if you were completing a hundred auctions a week. That is an extra 335.00 a week!

The best part is, that when I raised my price again, my sales did not fall. They stayed steady, and I reaped the benefits.

Now, handling fees are ok to charge, but do not go crazy. Look at what people are charging for shipping and getting away with. This is the best guide you can go by. I feel that if I continued to increase my shipping costs without lowering my initial starting prices, I would see a decline in sales.

But this is something you have to experiment with. Try to charge an extra dollar for shipping, see if it effects anything. The worst thing that could happen is people stop buying from you. Well, guess what, if this happens just change it back to the original price.

Good luck, I hope adjusting your prices makes you a lot more money.

If you want to get cash back on all of your eBay purchases (36% of sellers fees) please go to BigCrumbs.com

Monday, August 27, 2007

Abrasive Terms of Sale

Hey eBayers, everybody has a bad experience with bidders. Everybody.

The trick is to not let your bad experiences rub off onto your auctions.

What I am referring to is the very negative and strict terms of sale found in some auctions. These terms of sale often turn off potential bidders. For example:

  • "I have been plagued by too many non-payers & re-listing an item is expensive."
  • "Money order or cashiers’ check made out to me (email me within 24 hours of auction close for address). I still must receive payment within 7 days of auction close.
    * No personal checks – No exceptions"
These are not even some of the worse terms that I have seen, but they are still pretty negative.

What you have to realize is that about 90% of your bidders will just bid on your item and then pay for it in the next 2-3 days without prompting. The more terms, conditions, and instructions you have, the more potential bidders you will turn off.

Go back and reconsider your terms of sales, and your eBay auctions. Make sure they are simple, and non-threatening, and you could see an increase in bidders. Don't try to dissuade the bad 10%, instead try to persuade the interested 90%.

Sunday, August 26, 2007

Advanced search techniques for eBay for buyers and sellers

There are a lot of ways to find things on eBay. Searching being the one most widely used. But the eBay search engine is actually pretty powerful, and I believe it is underutilized. Also, the better you understand search capabilities, the better you will be able to write auction titles.

If you type one phrase or word it will find all combinations of that phrase. For example if you type "abercrombie 10" you will find all items with the words abercrombie and 10.

Everybody knows that.

But if you want to search for two different brands of pants, and they fit you differently, say Gap size 2 and Old Navy size 4, you can do both in one search as so: (Gap 2, Old Navy 4) Make sure it is inside the ().

With this technique the comma signifies "or" so this is a search for "Gap 2" or "Old navy 4." There can be as many terms inside of the (), Like so: (x,y,z).

Now, if you want to search for some khakis, but do not want to find them with cargo pockets you can search like this:
Banana Republic Khakis -Cargo
This will find all Khakis but remove all items in search that have the term "cargo" in it.

If you want to remove multiple words from your search there are 2 ways to do it:
-(x,y) or -x -y

If you want to find cargo pants, but dont want to search for cargo or cargos, you can do this search "carg*" The asterisk will find all terms that begin with a "carg." This is pretty powerful because it helps you find auctions where sellers use crazy terms with recognizable roots.

All of these searches can be combined

(bcbg, bebe) (shirt*,top*) med* -halter
This long string would search for all items that have "bcbg or bebe" in the title. It will also search for anything that starts with "shirt", "shirts" included. Same with top or tops. It will also find med or medium. And the search will exclude all titles with he word halter.

With practice you will be able to pin-point the exact item or items that you want.

Once you master this, and make the perfect search to find whatever you need you eBay has an option to "save this search." Use it, it is a great tool that can save you a lot of time.

Monday, August 20, 2007

How to Increase eBay Store Sales with Markdown Manager

If you have an eBay Store, or are thinking about getting one, it is time to consider one of eBay's most effective marketing tools. The markdown manager! This is a great free tool that has increased my eBay Store Sales.

Everybody loves a sale, and markdown manager lets you offer a sale of up to 75% off for a maximum of 45 days. Though, I do not recommend that you use the 75% off sale unless you really need to clear out some inventory.

As noted above, these sales would be great to clear out unwanted inventory. They are also great for seasonal promotions. You could have a back to school sale, day after thanksgiving sale, labor day sale, etc... Check your news paper, listen to the radio, these mediums are time tested for presenting sales to the public. If some big box store is having an event sale, you could certainly have one too.

To get the full effect out of the markdown manager, I can recommend some tips and tricks to really get your store sales up.

  1. If you are running all store items, put up some regular auctions of similar items to draw customers to your store. If they do not get to your store, they will never be enticed by the sale.
  2. To make sure more bidders see that you have a sale running it is good to add this "sale " link to the right. To add this link to all of your listing takes a couple of steps, but it is worth it to draw attention to your items. Go to: My Ebay --> Marketing Tools --> Listing Frame --> Then check the 'Link to "Items On Sale" box. To see what this looks like in the listings you can check out my store, as I am currently running a sale.
  3. Also, be sure that your add copy at the very least commands your bidders to look at your other items, and ideally, tells them to check out your hot sale
  4. The next trick is to entice buyers with a sale, but to also make the amount of money you want. A good way to do this is to increase the prices of your store items by about the same amount as the percentage you are going to take off for the sale. For example, let's imagine we are selling a widget, and we want $12.00 for it. What you need to do is raise the price to $15.00 and then have a 20% off sale. This would bring the item back down to the price you want for it, but also make it look like the bidder is saving a whopping $3.00.
Please leave a comment and let me know how markdown manager has effected your sales.

Monday, August 13, 2007

Make More Money on eBay With Second Chance Offers

One of the easiest ways to increase your eBay auction cash flow and profits is to use second chance offers. If you have more than one of the same exact item in stock, and your auction ends with a price that you are happy with, then the second chance offer is your best friend!

Using the second chance offer button allows you to email the second highest bidder and gives them the opportunity to bid on your item at their maximum bidding price. If their was a bidding war, and the price was exceptionally high, this is a great time to cash in.

Second Chance offers also allow you to move inventory faster, sell at prices you are comfortable with, and greatly increase your income. For example, when I started working with beaddevotion, we were selling about $11,000 worth of beads a month. But when I recommended that we use second chance offers for auctions that ended profitably, our sales jumped to $1,3750 in a month!

Using second chance offers will make you a lot more money! Also, when using a second chance offer, you do not have to pay the additional listing fees that comes with making a new auction. All you have to do is collect the money, and pay eBay your final value fee.

Here are some tips for maximizing the benefit of the second chance offer:

  1. Make sure to only use the Second Chance Offer if your auction has ended at a price that you are very happy with. Unless you really need some cash, do not settle for less than what would be profitable for you.
  2. Try to send out the offer as soon as possible. Bidders are fickle and will move on quickly if you do not take action.
  3. Put a 1 day time limit on the offer. Creating a sense of urgency will help make sure more of your offers are acted upon.
I hope you make a lot of money! Good luck.

Friday, August 10, 2007

How to Cheaply and Safely Ship Clothing.

When I first started shipping clothing on eBay I waisted a lot of money on shipping products. I did this because I was unaware that the USPS was just giving envelopes, labels, and stickers away for free.

I would buy tyvek bags for about .45 cents a bag, at the local office depot. This was a big mistake. Office depot is expensive! Now I do all of my shopping at USPS.com in the Priority section. The items are free and they ship them to your door. The items that make shipping for eBay a lot easier are: both of the flat rate boxes, flat rate envelopes, rolls of priority mail stickers, and tyvek envelopes.

I can ship a very large pair of jeans in one flat rate envelope, and sometimes two pairs of dress pants! This is great because it only costs 4.60 to ship. Cutting shipping costs will make your eBay experience a lot better. It could either make it so you can charge a bit for handling and not gouge your bidders. This way you can make a little bit extra per eBay transaction, and also have more interest in your auctions because of your reasonable shipping costs.

Here is my technique for safely packaging a pair of jeans into a flat rate envelope:

  1. Fold the jeans into quarters or fifths, but make sure it is small enough so that when you put them in the tyvek envelope, that the envelope can double over on itself. The tyvek envelope is to protect from tearing that cardboard can not withstand. Also they are slightly weatherproof. Some sellers put their pants in plastic baggies as well as tyvek to further protect them from the elements (I do not).
  2. Put your label on the cardboard flat rate envelope now, if you wait for later it will look very ugly.
  3. After you have a nice little tyvek package, maneuver it into the cardboard flat rate envelope. This can sometimes be tricky, watch out for paper cuts.
  4. Make sure the pants are in the very bottom of the cardboard envelope and then attempt close the envelope. It is easiest to close the envelope on a table, not in your lap.
  5. Once the envelope is closed, put USPS priority mail stickers over the corners to make sure they do not catch on anything.
  6. Put a piece of packaging tape over the seal, to make sure your package does not rip open. Maybe also put another piece of packaging tape over the addresses so that they are protected from the elements and do not watch off.
  7. Rinse and repeat.
If you get anything from this post let it be: Get as much free stuff from the USPS as you can possibly use. Instead of waisting money on envelopes, maybe buy some tissue paper to make your items look fancy. Or cut the costs completely and watch your profits from ebay grow!

Good luck out there.

Sunday, March 11, 2007

3 Great Ways to Get More Repeat Ebay Customers

The tragedy of Ebay is that all of your items do not sell all of the time. No matter what you do with your description, title, or pictures. Sometimes there is just no one searching for your exact auction, or not clicking on your perfectly good title.

There are several ways to combat this. Three great ways to sell more items on Ebay is to get repeat customers, customer who respond to a mailing list, or first time bidders who buy multiple items. All of these people will help your business succeed, and there are some tricks to building a loyal customer base.

Getting Repeat Customers
Hopefully you have already Branded your Ebay business. Make a name for yourself that is distinguishable, and meaningful. The easiest way to get repeat customers is to sell consumable products. If you sell things like calling cards, printer ink, packaging tape, etc... it should be easy to get repeat business. All you would have to do is make a free business card at Vista Print with your business name and Ebay ID on it, and put it in with every package you ship. The next time your customer needs a roll of packaging tape, they will (hopefully) look for your card and buy from a seller they can trust.

One way you can further increase the likelihood of a repeat customer through use of business card is to offer a discount (maybe 10%?) on their next purchase or an automatically reduced shipping charge. Reward your customers and they will come back again and again.

Starting a Mailing List
With a Mailing list you will be able to reach out to as many potential bidders as you are able to get to sign up. They can be old customers, or just potential ones you have gotten to sign up. After they are on a mailing list, you can email them weekly telling them about the new inventory you posted, or sales that are happening, etc... This is a great way to remind your past and potential customers that you have something which they need to buy. "Is your ink toner running low?" Amazon.com does the same thing, reminding previous customers to buy books similar to ones they have purchased in the past. It is a good idea to copy the pros on this one.

A good way I have noticed to get people on a mailing list is to offer a discount (5-10%) on their first purchase if they join. Not only will this help your mailing list grow, but it will help create a bidding frenzy when more than one person bids on your auction.

Getting Bidders to Buy Multiple Items.
Another great way to increase sales is to tell your bidders , and create an easily accessible link, to check out your other auctions because you are offering discounted shipping rates (or expedited shipping) if the bidder buys more than one of your great items. Remember that you can pack up to 75 pounds of anything into a USPS flat rate box for $8.10.

When thinking about offering discounts on your items it is important that you still make a profit for each item you sell, keep this into consideration. However, a preliminary discount that leads to a repeat customer is more than worth the time and money.

Good luck out there, and give me comments for any of your questions.
Offer discounted shipping with multiple items purchased
Put in a business card with each item you send.
Sign up for our mailing list, and receive x% off your first order

Wednesday, March 7, 2007

Want to find out What Sells Best on eBay?

If you are an eBay seller who finds most of their things at garage sales, estate sales, Goodwills, or other thrift stores, it is a good idea to know what sells best on eBay.

A good way to see what sells best on eBay is to check out eBay Pulse. This is a list of the top 10 most searched for items in each category, and then sub-category. This should be your list of dream items to encounter while shopping. These items are the ones you should buy with little hesitation when seeing.

In fact, it is a good idea to keep a notebook and write these things down to take with you on your product buying adventures. Though, it is a good idea to note the reason most of these things are so sought after is because they are expensive, so it might be hard to find them in your daily searches. But it is possible.

For example, I sell a lot of used clothing on Ebay when I can not find anything else. Clothing is a reliable source of income for me, and something which is fairly easy to fall back on. Now when I look at the current Ebay Pulse list, it shows the top ten items that are selling best on eBay under Clothing, Shoes and Accessories:
1. coach
2. nike shoes
3. louis vuitton
4. gucci
5. chanel
6. prada
7. abercrombie
8. juicy couture
9. shoes
10. hollister

Now I know I am not going to run across Coach, or Louis Vuitton products very often, but things like Juicy Couture, Hollister, and Abercrombie are fairly common. The top 10 lists get narrowed down even further. Most of the clothes I find are women's, so it makes sense for me to know what the most popular selling women's clothing is:

1. abercrombie
2. rock & republic
3. diesel
4. lucky
5. hollister
6. juicy couture
7. bebe
8. banana republic
9. american eagle
10. bcbg

This list is far more accessible than the previous one. The least common thing to find here is rock & republic, and the others are fairly common. I have a list of these brands memorized now, but I used to print them out and take them with me on my clothes shopping adventures.

Another good idea to find out what brand names are selling well on eBay is to watch TV. For example, there are always Gap and Old Navy commercials on. Every time there is a commercial on TV it is advertising partially for you. Even though Gap and Old Navy are not on the list, they are more common than anything found above, and sell through very well. Sometimes surprisingly well! I am always pleasantly surprised whenever I buy a used pair of Old Navy Jeans and sell them for $10-$20.

Other places to look for popular brands are at some of the trendiest stores. Look to the mall, Macy's, Bloomingdales, Pacsun, Urban Outfitters etc... It is their job to find the best selling brands and stock the store with them. It is a good idea to search through their stores and note the brands which they are selling. And don't feel like you have to go to the mall, check out their websites!

These sorts of strategies should work when looking for any item. Look to eBay Pulse in the category you like to sell in, and also think about what kinds of stores sell similar products you are looking to sell.

It is all so easy, and well worth the time spent. Keep a notebook!

Monday, February 26, 2007

The Importance of Good Feedback

When buying and selling on a community like Ebay Good Feedback is crucial! If the first thing you do on Ebay is start selling, you will make far less money until you get your feedback rating up. This is because Ebay is synonymous with scams. There is no way to prove that the Apple Ipod you are selling is real, or you just used stock photos, other than to see how satisfied other people have been with your transactions. Good feedback creates trust in the community, and the higher your feedback, the better your auctions will sell.

The place where the lack of feedback is not such a big problem is when you are selling low cost items, or when you are bidding on other peoples auctions. Few sellers will turn away bids on their auctions because they want a bidding war, and you can't have a bidding war with only one bidder.

So, the best way to get good feedback is to start buying on Ebay. Buying on Ebay will also help you familiarize yourself with how auctions work, and how other sellers act. If you do buy to build up your feedback, try to buy from Power Sellers, or people with a lot of feedback ratings. Then you can not only get good feedback, but you can also learn to see what they do as far as customer service goes.

When buying, make sure to be very prompt with your payment, as this is the goal and the only real thing sellers care about (besides customer complaints). And the faster you are, the better your feedback should be.

Also, do not hesitate to ask for feedback in your emails. As a seller I do not give good feedback until I receive it, so if you are pleased with your item, give the seller feedback, and then ask for some in return.

Another way to get good feedback, and make a little money at the same time is to sell low cost items. Items where there is little chance or reason you would try to scam someone. Though you will not sell as many items at first, and your final bids might not bring you as much money as you would like, this is still a good way to start getting feedback.

I would not consider selling anything that was worth more than $24.99 until I had a good 10 or 15 positive feedbacks. And make sure they are good ones, not mediocre saying things like "item arrived, and is nice," but something like "A++ Ebay Superhero, Best Seller Ever! I want to buy more!" That might be too many characters, but you get the idea.

After you get about 100 positive feedback people tend to stop reading them before they bid, and you will notice an increase in percentage of sales as well as an increase in the final bid.

Remember that when you are selling, not just while you are starting out but through the duration of your Ebay career, you should strive to be as accommodating as possible. The customer is always right, and if you want your feedback to stay positive you should try to do as much as you can for them. Quickly respond to questions, ship with care, refund when necessary.

If you buy something from me, I will give you great feedback! Check out the top right of the sidebar, for what I am selling now!

Sunday, February 25, 2007

Photos In Your Ebay Auction Title Increase Sales

So it is definitely worth the Extra .35 Cents!
Adding pictures at the side of your Ebay auction title is easier than adding them to your description. All you have to do is add the URL in the 3rd step of building your auction. Adding a photo to the side of your title draws something like %60 more clicks than photos without a picture and the presence of a photo will increase your selling power on ebay.

Adding a picture to your Ebay auction title is the single best upgrade you can buy. It is much better than highlighting or making your auction bold because it further describes what your are selling and draws more bidders.

I am sure you have also noticed that some peoples pictures are bigger than others on the side of their auction title. This is because the sellers crop their picture into a square instead of the traditional rectangle which normally comes with photos. This square photo takes up the most title space possible. I usually crop the special square when I have an item which I think I will be able to sell for a lot of money. It is worth the extra time spent to enhance your ebay auction titles, and the square picture is the perfect way to go.

You can get a perfect square in any photo editing program by clicking, holding the shift button, and then dragging. This makes your picture more visible than your competitors, since many of them will not put the time into this detail.

I hope this helped everyone, but if I somehow left anything out, or you have any questions about selling on Ebay, or anything, please do not hesitate to ask/comment.

The Importance of Pictures in Ebay Auctions

When constructing an Ebay auction, one of the most crucial elements you can add is a picture. The next best thing you could add to your auction description would be a second picture. Seriously, they are that important. The only way to tell what you are buying from someone is by looking at their pictures. Think of the last time you bought something without seeing it first. Exactly. Having pictures in your auctions is a necessity, and fortunately, it is an almost painless process.

If this all seems like review, skip down to Adding Photos to your Ebay Auction

The Camera
If you do not have a digital camera, and are attempting to sell on Ebay, you are doing something wrong. Buy one now! They do not have to be that good, they just have to take relatively clear pictures.

You do not need a 10.4 Mega pixel SLR digital camera to sell on Ebay. You can get a relatively cheap used one, mine is a 2.3 Mega Pixel point and shoot, and it does fine. The reason you do not have to worry so much about quality of photo, as far as pixels go, is because you will be posting your pictures on the internet. Here bandwidth is key, and the smaller the picture, the faster it will load.

I set my camera to its lowest setting for taking pictures at a resolution of 600x800, there are some that go smaller, and that is perfect for what we are doing here. The important thing is that your pictures look crisp.

Taking Pictures
So now, assuming you have a camera, and you are comfortable using it, lets talk about taking the pictures. When you are taking a picture it is going to have to have a background. White I have been using recently is my wooden table. The brown wood grains provide a nice neutral backdrop, but others use solid sheets.

The important thing is that you are not taking a picture of a black object on a white background. Harshly contrasting colors will make your photo lack detail, the easiest thing to do is to use a neutral type color that works with black as well as white and shiny objects.

If you want to get really serious about taking pictures, you might want to look into making a Light Tent, or Light Box (I need to put this on my to do list).

Editing Pictures
Well great! Now we have pictures taken, and you have figured out how to put them on your computer, now we just have to get them ready for the web. In order to do this you are going to need a photo editing program. There are a lot out there, many of which are free, and for your uses will be fine (I use Adobe Photoshop. All you really need to do, assuming you took good pictures, is crop them.

If you are taking a lot of pictures, hopefully you don't have to crop or edit them. This stuff might only take a couple of minutes, but if you are doing 40 posts a day that adds up! I usually try to take the best couple of pictures I can, and then just post them, but if you plan on selling the same thing over and over, or are focusing on quality, not quantity, it is worth spending a lot of time making your photos shine! If you need a basic tutorial and a good free photo editor check out Gimp.

When editing your pictures, make sure they are small enough that they load quickly. I always save my photos for the web as a JPG. This way I can have pictures with decent quality and small size for good loading time.

Adding Pictures to your Ebay Auction
Okay, now we are to the most important part. Adding pictures to your auction. Well, first we need to take the photos from your computer and upload them to a server. WE DO NOT USE EBAY'S PHOTO HOSTING SERVICES! This is a huge waste of money if you want to add multiple pictures (which you do) or have a large image in the middle of your description (which you do!). You save a lot of money by doing this yourself, and it is no harder.

The photo hosting service I use is Photobucket. It is quite simple, and allows for multiple uploads which makes my life considerably easier. The steps are simple, follow them and upload your pictures.

Now comes the not so tricky part. Adding photo's to your website is as easy as this:


Just replace the "yourimageurlhere" part with, well, do I really have to spell it out? You can place this tag wherever you want, and put as many photos as you feel is important to describe you are selling.

Friday, February 23, 2007

Tips to Save Money Listing Your Ebay Auctions

When you start to post several ebay auctions a day, your fees begin to mount. However, there are some things you can do to save some of your money from FeEbay.
The best thing you can do is to start your auction for .99 cents or less with no reserve. The reasoning behind this is that not only does it only cost .20 cents to list each auction below $1.00, but also the lower the price is the more tempting it is to buyers. Ebay sellers everywhere seem to agree that you make more money starting your bids low.

However, this way of saving money should be further looked into.
Let's imagine that you create 10 Ebay auctions a day, and you start them at .99 cents.
The Ebay fee structure works so that items starting .99 cents or below cost only .20 cents to post.
Thus your 10 auctions a day cost $2.00 a day to post, and $60.00 a month. You can see how Ebay fees add up.

Now, if you start your auction for $1.00, instead of .99, as many people do this will cost you an extra .20 cents an auction. That is an extra $60.00 a month you are just throwing away. That idea kind of makes me want to vomit. It is no wonder how Ebay makes so much money.

Here is a breakdown of how each extra cent will save you money.
.01-.99 = .20 to list -->
1.00 - 9.99 = .40 to list --> .01 extra is a waste of .20
10.00 - 24.99 = .60 to list --> .01 extra is a waste of .20
25.00 - 49.99 = 1.20 to list --> .01 extra is a waste of .60
50.00 - 199.99 = 2.40 to list --> .01 extra is a waste of 1.20
200.00 - 499.99 = 3.60 to list --> .01 extra is a waste of 1.20
500.00+ = 4.80 to list --> .01 extra is a waste of 1.20

The thing that blows my mind, and I hope you become aware of, is that even though it is a difference of .01, people are still posting things for $50.00 If you started 10 auctions a day for a month at this price you would be literally throwing away $360.00 a month.

This is not just a mistake made by beginners either, Powersellers are doing this too! It hurts me to look at them. But you need to learn from their mistakes! Look at this Auction house, for example: clarsauction.
This was just a random sample that I found, but it illustrates my point so well. Clarsauction is starting all of their bids at $10, $20, $25, $50, $100, $200... increments. And at this moment clarsauction has 1082 auctions running.

Here is the breakdown:
10 auctions starting at $10.00 --> loss of $2.00
148 auctions starting at $25.00 --> loss of $88.80
215 auctions starting at $50.00 --> loss of $177.60
67 auctions starting at $200 --> loss of $80.40
26 auctions starting at $500 --> loss of 31.20
Total auctions starting at a bad price = 466 (43% of total auctions)
Total amount of money thrown away in 10 days = $380.00

That is right, this auction house is throwing away $380.00 just to have their auctions start at a round number. Sure, as a brick and mortar auction house, they are making tons of money, 20% commission for up to $70,000, but the amount of money they throw away could pay for the person that posts their auctions. I would fire them! This is 466 10 day auctions. These people are throwing away more money in 10 days than most Ebay sellers make in a month.

I hope that I made it painfully obvious how this one little tip can help you save money on listing all of your Ebay auctions.

Please let me know of any other horror stories like this.

How to Write an Ebay Auction Description that Sells

Writing A Title
Nobody will look at your auction description if they can not find it. The first thing you have to do is write a good title. I wrote pretty extensively about this on a previous post, it is called Writing Good Auction Titles. The basics are:

  • Be as descriptive as you can
  • Lead with Brand Name first, then other specifics. Many people just type "Women's Jeans 8" and the Brand name first will set it apart from the other titles. Also, I like to CAPS the brand name, "GAP Women's Denim Jeans Size 8 NWT"
  • Don't spam keywords that are similar to your item, and don't use "L@@K," this is a waste of precious space, and nobody searches for "L@@K." If they do, you do not want their bids!
Item Specifics
Make sure you provide Item Specifics, many people use the sidebar to help narrow down their searches, and these are narrowed down by the "Item Specifics." You can add these above the "Description" box in the Sell your item page. For clothing Item Specifics would be things such as Style, Size Type, Size, Color, Condition. Try to fill in as many of these as possible, if you can not figure them out, look to auctions similar to yours and see what they write.

Item Description
This is probably the most important part! It is important to write as thorough of a description as you possibly can. Try to imagine what the bidders might ask you, and write it down! This will save you a lot of time in not having to answer questions, and also make you look more trustworthy. Add as much information to your auction description as you can, this is the internet, there is no space limitation! When selling pants I provide something like this:
  • Brand: Gap
  • Style: Boot Cut Jeans
  • Material: Denim/100%Cotton
  • Color: Dark Indigo
  • Size: 8
  • Waist: "32
  • Inseam: "30
  • Rise: "8
  • Condition: New With Tags
Actually, this is the basic format I provide on my clothing auction descriptions as well. Whatever you sell though, you should note anything any of the tags say, things like Model Numbers and such, as well as the dimensions. Describe it to the best of your ability. This is why we are supposed to research the things we sell, so that we can learn from others success.

After you have all of your specific information about the product it is helpful to sell your item a little more. Don't hype it up too much, but it would be fine to say something like, "These pants are so comfortable, and fit great. I am sure you will be pleased with them." It is a good thing to write your description as if you are talking to your bidder in an informal type of way. Also, saying things like "I am sure you will be pleased" inspires confidence in the bidder.

When writing your auction description it is a good idea to say something like, "You are bidding on a..." implying that they are already committing to a transaction. It is also important to tell the bidder to "BID NOW" or something to that extent. "If you don't bid, you will never understand how comfortable these pants are!" Ask them to bid, tell them to bid, get the idea of bidding into their heads.

Another good idea is to say something like "the high bidder will own this item at the end of the auction," this is functional because it implies that once you bid you already kind of own this item. This kind of mentality induces bidding wars; if a bidder already thinks they own an item, they will not be so happy when someone "steals" it from them by bidding higher.

Ebay sellers thrive on their bidders passion!

Also, as a seller, it is your goal to not only sell the item that you are currently writing the description for, but to sell all of your items. If they are similar, there is a good chance one bidder would want to buy something else from you. You have to sell yourself. Tell bidders to check out your other auctions, tell them to look at your About Me page, tell them to add you to their favorite sellers list. Provide buttons and links for all of these in your description.

Another good way to get the same bidder to buy multiple things from you is to offer a discount on shipping multiple items. Reward your bidders for their patronage, they will appreciate it, and sometimes bid on more of your auctions!

Adding Photographs.
This demands an entire post for itself, and one is coming, but we can get you started for now. First of all, you have a description, and that is great, but if you want to make any money selling on Ebay, you will need a photo. A photo is worth a thousand bids, (well maybe several) and listings with photos end with considerably higher prices than those without. Photos enhance you description like nothing else you can do, and even if you are selling an Ebook, or something that does not exist in real life, a picture will still make it sell better.

If you are doing this as a business, you need to not rely on Ebay's photo hosting service. It is crap! It does not allow you to have a photo of any decent size, and the photo that is on your page is at the bottom of your auction's description. Also, you have to pay more for multiple photos. This is a huge waste of money, and really adds up if you do a lot of auctions a week.

Hosting your own photos is easy, the service that I am currently using is Photobucket.com It is simple to use and has a multiple upload feature which is quite easy. It also provides you with the code to add pictures to your descriptions in a very easy way. If you only do one thing this article suggest, HOST YOUR OWN PHOTOS!

Special Policies
when writing an Auction Description it is also important to specifically spell out your selling policies. What kind of payments you accept, shipping, returns, everything.

Payment Instructions: I used to accept only Paypal, as it is fastest, but now I believe that it is worth the wait for a money order, especially if the person who wants to buy with a money order drives the price of the auction up. The more payment options you offer, the more bids you will get. But don't get too wild, dealing with cash is sketchy, and against Ebay policy. Also be sure to provide a time frame for payment. I usually give them a week, but I am thinking about becoming less lenient and requiring payment within three days at the end of the auction unless they contact me asking for more time. Buyers can be lazy, and it is nice to get paid as soon as possible so you can move on to other things.

Shipping: I usually offer two different shipping options. USPS Parcel Post, as it is quite economical, and the low price attracts more bidders, and Priority, because sometimes people want to get their item fast, no matter how little they pay for it. Also, it is important to spell out how often you ship, within 24 hours of payment, in 1 business day, or 2. People depend on these guarantees. To find out which shipping provider is right for you, check out this article: Comparing USPS UPS and FedEX Shipping Fees. Also, make sure you have a tracking number, even if you don't provide it. This can save you from scamers later in the game.

Return Policy:
It is a good idea to have a return policy. It inspires a lot of confidence in your bidders if they can return their item if it is defective. A good disclaimer I like to throw into the description is that they can return their item if it is not as described, though others prefer a policy where they accept all returns no matter what. If you have a lot of similar items, it is a good idea to do a return as an exchange, though if you sell many different things, a return might be better as cash back.

Please let me know if you have any more tips, or if any of these ideas have worked for you.

Wednesday, February 21, 2007

Writing a Good Auction Title

Now that you found something to sell on Ebay it is time to learn how to write a good title for it (description next time)

The Title
When writing a good title it is important to be specific, remember, you are trying to have as many key words as possible that might be searched for. For example, I am currently selling the Super Nintendo cartridge Donkey Kong Country. However, when creating a title for this game I will not simply write "Donkey Kong Country," but I will make it more specific. It is the first of a series of 3 games, so it deserves a 1, but also, people often use roman numerals in searches so it also gets a "I." Also, it is important to indicate which system this game was made for, as there are many other Donkey Kong items floating around on ebay. In the end it became Donkey Kong Country I 1 (Super Nintendo).

When writing the title it is important to be as specific as possible, and attempt to guess what the potential bidder will search for. Sometimes this includes misspelling listings. For example, the brand Quiksilver is often misspelled, and if there is room in the title it would be appropriate to also include "Quicksilver."

One thing you should never do with titles, which I hope some day dies out, is to write something like "L@@K," This is obnoxious and a waste of keyword space. If you want someone to look at your item, add a picture to the side (we will get into this later). Also, when writing your title do not write keywords to similar but better and more popular things. Instead attempt to describe your product as best as possible with your limited amount of space.

Adding a Subtitle
Sometimes it is a good idea to add a subtitle to your item to draw more attention to it. It is especially worthwhile if the item will sell for a lot of money. Subtitles are especially effective if they set your almost identical auction apart from many others. Here you can draw interest in specials you offer, for example your Ipod comes with "3yr warranty and extras." Or the signed book you are selling has an inscription saying "I am so glad to hear about your sex change, Chuck Palahniuk." These are things that draw attention and will help you get more bids.

However, a subtitle is not necessary, and a waste of money if you know your item has perspective buyers and will only sell for $24.99. Subtitles are not worth the extra fee for lower priced items.