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I hope this information was helpful.
Thursday, 15 April 2010
Saturday, 10 April 2010
eBay selling tips
5 eBay selling tips
The following 5 eBay selling tips have done good by me over the years whilst selling items on eBay and they’ve often contributed to me generating higher final selling prices on my eBay auctions.
1. Be as descriptive as possible
Ensure you give as much information as possible to potential buyers. Some eBayers will ask you questions if they don’t see the answers they crave but most won’t and that majority won’t bid on your item either. I often copy the sales copy from another seller’s item if I intend to sell a similar item – only if it has achieved the price that I want.
2. Keep the starting bid low & have no reserve
You may be nervous about this rule but it’s imperative that you get people bidding on your item as soon as possible. The higher the reserve/starting bid the less likely people are to bid. As soon as 1 person bids a £1 other people become convinced that this is a good item because someone else is interested enough to buy it.
Think of this analogy; You’re starving and there are two restaurants next to each other neither of which you’ve ate in before. Restaurant A is (comfortably) full of people whereas Restaurant B is empty. Which one are you going to choose to eat in?
3. Use as many (good) pictures as possible
People need to see what it is they’re buying to feel confident about buying it. They don’t want to make a mistake and be ripped off so if they can’t see good pictures they won’t bid. Take as many pictures from different angles as possible so yoru potential buyers are not left wondering if there’s something hidden they can’t see.
Also make sure you use pictures of the actual item you’ve take yourself. I’ve made the mistake before of using pictures from the manufacturer’s website and assumed that people would realise that my item was used and so would have some wear and tear – the didn’t and my mistake resulted in an unhappy buyer and a partial refund.
4. Make delivery as cheap as possible (if not free)
People hate to see those high delivery prices. Putting a high delivery cost on your item can push up your margin and it is tempting to imagine people are so stupid that they can’t calculate that with your heavily marked-up delivery price and the item’s listing value that they are being ripped off – but they can and do.
5. Make your auction end on Sunday night 8-9pm
Late Sunday night works for me – it may not be the optimal time but it is a time when people aren’t doing much; they’re practically sat at home waiting for Monday morning. Too many times, I’ve got bargains because people have set their auctions to end during business hours – when most people are banned from using eBay by their IT departments. Set your auction to end at a time when most people are at home and looking to buy, that way you’re more likely to get a bidding war at the end of your auction.
The following 5 eBay selling tips have done good by me over the years whilst selling items on eBay and they’ve often contributed to me generating higher final selling prices on my eBay auctions.
1. Be as descriptive as possible
Ensure you give as much information as possible to potential buyers. Some eBayers will ask you questions if they don’t see the answers they crave but most won’t and that majority won’t bid on your item either. I often copy the sales copy from another seller’s item if I intend to sell a similar item – only if it has achieved the price that I want.
2. Keep the starting bid low & have no reserve
You may be nervous about this rule but it’s imperative that you get people bidding on your item as soon as possible. The higher the reserve/starting bid the less likely people are to bid. As soon as 1 person bids a £1 other people become convinced that this is a good item because someone else is interested enough to buy it.
Think of this analogy; You’re starving and there are two restaurants next to each other neither of which you’ve ate in before. Restaurant A is (comfortably) full of people whereas Restaurant B is empty. Which one are you going to choose to eat in?
3. Use as many (good) pictures as possible
People need to see what it is they’re buying to feel confident about buying it. They don’t want to make a mistake and be ripped off so if they can’t see good pictures they won’t bid. Take as many pictures from different angles as possible so yoru potential buyers are not left wondering if there’s something hidden they can’t see.
Also make sure you use pictures of the actual item you’ve take yourself. I’ve made the mistake before of using pictures from the manufacturer’s website and assumed that people would realise that my item was used and so would have some wear and tear – the didn’t and my mistake resulted in an unhappy buyer and a partial refund.
4. Make delivery as cheap as possible (if not free)
People hate to see those high delivery prices. Putting a high delivery cost on your item can push up your margin and it is tempting to imagine people are so stupid that they can’t calculate that with your heavily marked-up delivery price and the item’s listing value that they are being ripped off – but they can and do.
5. Make your auction end on Sunday night 8-9pm
Late Sunday night works for me – it may not be the optimal time but it is a time when people aren’t doing much; they’re practically sat at home waiting for Monday morning. Too many times, I’ve got bargains because people have set their auctions to end during business hours – when most people are banned from using eBay by their IT departments. Set your auction to end at a time when most people are at home and looking to buy, that way you’re more likely to get a bidding war at the end of your auction.
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