It pays to be lazy on eBay

Written by Dave Bromley


I have a friend who has a pretty good business selling a variety of items on eBay and other online auctions. His system is simple, he goes to flea markets, physical auctions, thrift shops and close outs and buys stock to sell on eBay.

Sometime he does really well and sells something for $100 that only cost him $10. Of course he does not always make such spectacular profit margins as that but generally he does pretty well. In fact these days, like many thousands of other people he makes his main living from selling through eBay.

In fact there is only one problem, he is spending more time and working harder than he did in his former “regular” job. He is up early to getrepparttar best bargains atrepparttar 100202 flea market, then when he gets them home he has to research and write uprepparttar 100203 item description and take a photograph. Doing this for a couple hundred products every week doesn’t leave my pal much spare time. When I met him at a partyrepparttar 100204 other week he was really looking tired and depressed.

“OK I am my own boss but it is like being on a treadmill, if I stoprepparttar 100205 money stops. I think I might be better getting a regular job again”.

The outcome was that I agreed to take a look at his business to see if there was anything that I could suggest that would help him.

When I started to look at his operation two things struck me at once. He was not aiming at any specific market. He was just going out and buying whatever was available so in one week he might buy some books, children’s games, some DVDs and office machinery. This might be fine if you are treating eBay as a hobby but not if it is your business.

Whenever you read about any form of online sellingrepparttar 100206 words “niche market” will quickly appear. There is a good reason for this, if as a small trader you want to succeed you must target specific niches. It makes sense to find an easily targeted niche because they will be far more profitable inrepparttar 100207 long term than trying to sell torepparttar 100208 world.

The second mistake my friend was making was that all his sales were one off and rarely did a customer make more than one sale. This was not because of any bad products or service justrepparttar 100209 fact that someone buying a fishing rod almost certainly would not be interested in a foot spa or whatever else my pal was offeringrepparttar 100210 following week.

These days more and more people are realising that eBay should not be your single method of selling but part of a fully integrated marketing plan. EBay offers you one ofrepparttar 100211 cheapest and easiest ways to build up a highly targeted opt in mailing list and as everyone will tell yourepparttar 100212 money is inrepparttar 100213 list. But very few people take advantage of this.

For example your niche market might be books onrepparttar 100214 subject of aviation. Each time someone buys a book from you on eBay you know that they arerepparttar 100215 type of person who will spend money on their interest. So if you offer them similar items they are likely to purchase those as well. If you can get them to sign up for an opt in list you will have a potential customer who might buy many items form you inrepparttar 100216 future.

Nine Simple eBay Selling Hints

Written by Terry Gibbs


Some of these eBay hints will save you money, others will result in higher prices. Either way, these will help you run more profitable eBay auctions.

1. Write a simple description and do not clutter your auction with unneeded items like animated Gifs, and colored backgrounds. Remember, you are selling not entertaining.

2. Charge a flat rate for shipping, and mentionrepparttar shipping costs prominently within your auction description.

3. Write a title that accurately describes your item. Use manufacturers name and model number withinrepparttar 100201 title if applicable.

4. Write a detailed description that allows prospective bidders to make a decision about purchasingrepparttar 100202 item. A basic tip isrepparttar 100203 description can never be too long as long as it is describingrepparttar 100204 item.

5. Include large clear photographs. Invest in some lights and a quality camera. Your investment will pay for itself in higher eBay selling prices within only a few auctions.

6. Host your own pictures. By hosting your own pictures, you will save money, and, more importantly, be able to use as many pictures as you need to adequately show eBay bidders your item. This isrepparttar 100205 simplest thing to do, and yet 70 percent of eBay sellers ignore this simple tip.

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