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Friday, June 13, 2008

 

eBay Marketing Tips To Help You Make Money Online

eBay can be a powerful way to make money from the internet. Each days millions of buyers visit the eBay site looking for products at a bargain price. Around 15 percent of all eBay sellers are making a full time living from it so there is potential to make a lot of money.

The first step is to select some products that you may want to sell. You can use a free keyword tool like the Overture tool to see if there is a market for your products. Once you have found a product that has a market the next step is to look at similar products using the eBay search function. It is a good idea to track a handful of auctions similar to the products you are interested in selling.

Each auction usually takes seven days so at the end of that period go back and check the prices that those products you were tracking finally sold for. This will give you a good idea of what bid price you should start with and what you can expect to sell your products for. The eBay website can be a great resource to help you learn more about the system and how to succeed at it.

Making clear and accurate descriptions is very important to ensure maximum customer satisfaction. Always be clear about how much shipping will cost and clearly indicate the payment methods you accept and the regions that you ship to. Make sure the product descriptions are accurate and honest, if there are some defects in the product then be sure to mention it as accurately as possible. Using clear photos to describe your products can also be effective and may be essential for many products like jewelry and watches as most people want to see the product before they buy it.

Offering as many different payment options is often a good idea. Accept credit cards, paypal, cheques or money orders and be sure to mention any holding periods if people do decide to use cheques. Remember that once someone buys from you and receives their product they will usually leave some feedback about the experience. You want as many positive feedbacks as possible as this will help to establish you as a trusted seller in the marketplace. Keep in mind that if you are accurate in describing your products and fast at delivering them then you have a good chance at succeeding.

It is best to start with one category of products ideally something that you are very comfortable with or know a lot about. Also it is a good idea to start with products that do not cost very much. Get a feel for the system and how it works and develop good feedback and high ratings. Once your ratings improve then you can go ahead and try to sell the more expensive items.

When selling low priced items be sure to offer other similar low priced products and also offer to consolidate shipping costs. This will help to increase buyer interest and may result in more sales since people will want to buy several items and not have to pay extra for shipping. After 10 positive feedbacks you get a gold star, after 100 a blue star and after 1000 a red star. Remember that bidders value these ratings so be sure to always deliver excellence to your customers to help build up a great reputation.

It can take some time to build up many positive feedbacks so be patient and learn from your experience. You are only allowed to list your products in one category at a time so using a keyword rich title is important to help your potential customers find you. Most eBay visitors use the search function so think about the keywords they would type in for your products and be sure to add them to your title. Use some of these tips to help you make money with eBay.

Roger is an online researcher and regular contributor to a site that shows people how to make money online. Be sure to visit and also learn more about affiliate marketing as a way to increase your income.


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