eBay International for More Sales
January 29, 2010 · Filed Under Making Money · Comment
Use eBay International to Expand Sales Opportunities
One of the benefits of eBay is the ability to sell your products internationally, even as a small seller. When selling internationally, there are a few important points to bear in mind for best results. If you’re selling to an international buyer, try to insist on them using a credit card or paying by international money order. When opting to sell to international customers, you may also need to do some customer service in a different language or with someone who has difficulty using English as a communication medium. You might try using translation software to make communication with these customers easier. Read more
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An eBay Savvy Pricing Strategy
January 14, 2010 · Filed Under Making Money · 3 Comments
An eBay Savvy Pricing Strategy
In order to price your product to sell you need to get nosy. Snooping around is okay and in fact required if you want to have the right pricing strategy.
Pricing is always an important element when trying to sell anything, whether on eBay or somewhere else. If you have a popular product, try setting a low starting price in order to encourage bidding. Compare competitors’ listing to see how they priced the same product. View closed auctions for the same item and see how well they did and what the starting price point was. Read more
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Which eBay Auction Type Makes More Money?
January 11, 2010 · Filed Under Making Money · Comment
Which Type of eBay Auction has the Most Profit Potential?
Once you’ve chosen what you’re going to sell on eBay, the next step is to choose how you’re going to sell it. There are basically two main types of auctions, although these can be further broken down. The two main types are the “Buy It Now” and the “Auction” options.
Buy It Now isn’t really an auction, but it allows people to purchase your product on eBay at a fixed price. The auction price allows people to bid – and after the bidding period ends, the highest bidder gets to buy your product. You may choose to list your product in such a way that it takes advantage of both of these options – so if people want to pay the “Buy It Now” price, they can just pay that and get the product, or they can bid and see if they wind up the highest bidder.
In order to sell an item on a fixed price or “Buy It Now” basis, you’ll either need to have a feedback score of 10, be ID verified, or accept PayPal as a payment processor and have a feedback score of 5. This is one of the many advantages of being ID verified. If you aren’t ID verified, you won’t be able to use the “Buy It Now” or “fixed price” option for your first sale. “Buy It Now” and “standard auction” refer to selling individual items in a listing; however you may also choose to sell multiple items in a single listing with “fixed price,” known as a “Dutch auction” or “lot” listings. Read more
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- eBay International for More Sales Use eBay International to Expand Sales Opportunities One of the benefits of eBay is the ability to sell your products internationally, even as a small seller. When selling internationally, there are a few important points to bear in mind for best results. If you’re selling to an international buyer, try......
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