Auction Power Guide

I have alot of name brand clothes that are too large to sell on ebay. I was wondering how to be successful and be able to get the most money out of them. I’ve been browsing and noticing one seller getting 30 and 40 dollars for used t-shirts. How do they do it?

Alright get ready for a long explanation:

1. A picture IS worth 1000 words: It’s old-fashioned, but people still like to see things before they buy them. For successful eBay selling, make sure any products you list on eBay are accompanied by professional quality photographs.

2. Do your eBay research: When selling on eBay, before you list a particular product, spend some time researching other similar products on eBay and following the bidding process. This will help you gauge the interest for your product and help you determine how much your product might be worth.

3. Learn all about shipping: Shipping is under the control of the eBay seller, but some methods of shipping are better than others when you’re selling on eBay. You want to find the best method of shipping for your product in terms of expense and reliability and then specify that shipping method in your eBay listing. (And don’t forget to include the shipping cost in your shipping information for potential buyers.)

4. Pay as much attention to the writing of your eBay listing as to your picture: For selling on eBay, you need a powerful eBay listing. And the trick to writing a strong eBay listing is to combine search engine friendly phrasing with concrete details about the product in a way that will entice people to bid on your product. Take the time to craft your eBay listing just as you would any ad.

5. Offer a full slate of payment options, including credit cards: The more payment options you, as an Ebay seller, offer prospective bidders, the more bidders your product will attract and the more successful your selling on eBay will be.

6. Focus on getting positive feedback first: Feedback really matters when you’re selling on eBay. If you have a consistent record of positive feedback, prospective buyers will both bid more often and be willing to pay higher prices. So you may want to hold back on placing higher priced products until you have a successful track record as an eBay seller established.

7. Be business-like: Act professionally, provide the kind of superior customer service that will build your reputation, and make sure that you’re following all the business rules that apply, such as registering your business and properly charging and remitting taxes. Selling on eBay is just like any other business; to become an eBay success, you need to follow the rules and provide the kind of customer satisfaction that will translate into increased eBay sales.

Ok I would like to become and Ebay Seller but I just need to know whats needed and how do I start. I have both an Ebay/Paypal account and I have bought something from Ebay before. But yea can anyone help?

If you would like to become an ebay seller, here are some tips for you.

1. A picture IS worth 1000 words. It’s old-fashioned, but people still like to see things before they buy them. For successful eBay selling, make sure any products you list on eBay are accompanied by professional quality photographs.

2. Do your eBay research. When selling on eBay, before you list a particular product, spend some time researching other similar products on eBay and following the bidding process. This will help you gauge the interest for your product and help you determine how much your product might be worth.

3. Learn all about shipping. Shipping is under the control of the eBay seller, but some methods of shipping are better than others when you’re selling on eBay. You want to find the best method of shipping for your product in terms of expense and reliability and then specify that shipping method in your eBay listing. (And don’t forget to include the shipping cost in your shipping information for potential buyers.)

4. Pay as much attention to the writing of your eBay listing as to your picture. For selling on eBay, you need a powerful eBay listing. And the trick to writing a strong eBay listing is to combine search engine friendly phrasing with concrete details about the product in a way that will entice people to bid on your product. Take the time to craft your eBay listing just as you would any ad.

5. Offer a full slate of payment options, including credit cards. The more payment options you, as an Ebay seller, offer prospective bidders, the more bidders your product will attract and the more successful your selling on eBay will be.

6. Focus on getting positive feedback first. Feedback really matters when you’re selling on eBay. If you have a consistent record of positive feedback, prospective buyers will both bid more often and be willing to pay higher prices. So you may want to hold back on placing higher priced products until you have a successful track record as an eBay seller established.

7. Be business-like. Act professionally, provide the kind of superior customer service that will build your reputation, and make sure that you’re following all the business rules that apply, such as registering your business and properly charging and remitting taxes. Selling on eBay is just like any other business; to become an eBay success, you need to follow the rules and provide the kind of customer satisfaction that will translate into increased eBay sales.

http://www.powerofcomparison.com/terapeak-review/
In this video you will learn how to make more money on eBay by tracking profitable products and sellers in your niche.
Using Terapeak you could easily find profitable products to sell and research most successful sellers in any niche or category; if you need more information on how to do that please check out video below.
eBay marketplace is ever-changing ecosystem new products come and go, supply and demand fluctuate throughout the year, in order to have profitable and successful business you need to spot those changes early and position your sales strategy so you can profit no matter what’s going on in the marketplace.
Terapeak has a useful tool “Value Track” which allows you to see quick snapshot of what’s going on in the marketplace or in particular niche and category. After you located products that you want to sell or sellers that are doing very good selling a product you want to make sure you keep an eye on them so you can see changes early and profit from them. Value track allow you to track multiple products and sellers in the same search report.
As you can see I located and saved several profitable products and successful sellers, now I can see at a glance how well they’re doing in the marketplace instead of researching each one of them separately. As you can see one of the products I saved is “Burton snowboards” and I can instantly see that their sales are on the rise — we see steady increase in average end price, number of listings and success rate compared to the last week. Also I saved several sellers that list products that I am planning to sell, after looking at value track I will pick ones that are selling successfully and research what are they doing — what products they sell, what keywords and features they use.
If you want become the best you have to learn from the best and value track helps you keep best products and sellers at your fingertips so you can react very quickly and base your decisions on solid facts.
For full textual review of Terapeak and more eBay strategies click the link in the description below.
http://www.powerofcomparison.com/ebay-business-strategy/

Duration : 0:1:49

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Many people underestimate the potential of online ecommerce. You can sell anything from books to electronic to gardening equipment on the net. Ebay is the perfect marketplace to make easy money on ebay. With millions of dollars of transactions per day, you can make a full time living just by selling on ebay.

The first step to making money on ebay is to setup a seller account on ebay and if possible setup a storefront on ebay. It’s cheaper in the long run and you can put up more inventory for sale.

Ebay has made it very easy to setup your own store on Ebay. Even if you are not computer savvy, there are step by step guide that can guide you. After that, you need to learn how to advertise to attract targeted potential buyers to your auctions.

The key to learning how to make money on ebay is selecting the right ebay categories, the title and subtitle and the right keywords to attract visitors to your auction listings. There are various ebay tools such as the ebay research tool and other third party ebay research tools such as terapeak and hammertap that can assist you in this aspect.

Ebay also has several upgrade options to make your auction listings stand out but they cost money I would recommend you buy the upgrade to bold your ads at the minimum.

Another important aspect if you want to run a long term ebay business is your reputation. On ebay, it is transparent via the feedback option. Potential buyers can see the feedback from your previous customers and it can help you tremendously if you have a 100% positive ebay feedback.

There are several guides online that can teach you how to make easy money on ebay. Some provide genuine good information while many are just ebay scams and you should be careful who you learn from.

Ricky Lim

You may have already identified who your competition is, or you may want to research yourself!

Enter the seller id of the seller you want to research, and Terapeak will generate a report on all of their recent sales.

This report includes all transactions from your selected time frame!

Understanding the competition will show you how other sellers are successful — or not!

Duration : 0:0:35

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http://www.powerofcomparison.com/terapeak-review/
Successful eBay business (any business as a matter of fact) is not built on wild guesses and approximations; successful business is built on facts, solid numbers and proven strategies. Unfortunately a lot of people that are trying to build eBay business forget about this or never learn in the first place and loose time and money as a result.
In this video you will learn:
• How to build your eBay business on solid facts and proven strategies that is guaranteed to make you money
• How to find emerging hot products to sell on eBay
• Discover what to sell and how to sell on eBay to boost your profits 25%-50%
• How to sell more products more often
• How to piggyback off your competitors to make more money from every auction
Essentially eBay is nothing but a giant search engine where people use keywords to search for stuff to buy and there are a lot of factors that influence how much money you’re going to make from an auction.
In order to have profitable eBay business you need:
• Right product
Pick right product that will sell and will make you profit – if you choose a product with tiny profit margin that few people want to buy, how do you expect to make money selling it on a regular basis?
• Product you can get at wholesale price
Pick a product that you can get at wholesale price – yes, you might think that iPad is a HOT product to sell on eBay but you can’t get it at wholesale price unless you can afford to spend several hundred thousand dollars on inventory, so iPad is NOT HOT product for your business.
• Great sales copy and description
Great sales copy and description — what features and benefits are important and will trigger people to bid and buy from you, should you offer free shipping, alternative payment options, money back guarantee?
• Right timing
Right day and time to start and end auction, when maximum amount of buyers spend the most
• Right category
Right category to get maximum amount of traffic/visitors
• Right starting price
Most profitable price to start so you cut down your eBay fees, but not the profit
• Right keywords
Right keywords and phrases buyers use to search, because if they can’t find your listings, they can’t bid on them
• Competition
How many serious players are there in your market and how big is your market, are you competing with hundreds of sellers with established customer base or is it just few occasional ones and you can easily be the TOP seller in the category?
• Listing features
What listing features are worth paying to get more attention, and what features is waste of money?
• How much you can make
How much money can you make selling a product? At the end of the day everything that matters is how much money you can put in your pocket so you can buy yourself or the loved ones nice and shiny things.
These are the questions you need to answer if you want make serious money on eBay and you can’t answer them without eBay research.

For full textual review of Terapeak and more tips and strategies about eBay research click the link below.

http://www.powerofcomparison.com/how-to-sell-on-ebay-to-make-money/

Duration : 0:12:56

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http://www.powerofcomparison.com/terapeak-review/
In this video you will learn how to make more money on eBay by spotting opportunities to sell your products at higher prices using International research.
Terapeak International research gives you ability easily research sales information for any product across six eBay sites. This may identify opportunities where there are price differences in foreign markets.
For example if I would sell Burton Snowboards, after performing search using International research module I could easily identify profitable markets and see price differences that would allow me to make more money on every listing.
Looking at our example of “Burton Snowboards” you could see that Australia is highly attractive market for this type of products. Average end price is $166 compared to $96 for eBay.com and sell-through is 68% compared to 31% for eBay.com which means that you have twice more chances to sell Burton snowboard and make $70 more dollars per item if you would list and sell it on eBay Australia.
At the same time international research save you time and money by quickly identifying unprofitable and risky markets — for example even average end price on eBay Germany is about $20 higher than on eBay.com, sell-through rate is only 6% which means that you would have really hard time selling “Burton snowboards” there.
By looking at “Buyer Country Sales Distribution” you could see countries where buyers are located and offer special shipping prices so buyers from those locations have incentive to bid on your auctions.
For more information on how to find profitable products to sell on eBay and make more money on every listing please check out video below.
http://www.powerofcomparison.com/ebay-selling-tips/

Duration : 0:1:45

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