Auction Power Guide

I just got a website full of products to sell on ebay but the problem is that I don’t know what starting price I should put my items on Ebay. For Example: I’m want to sell a Playstation 3 40GB with Grand Theft Auto 4 and a PS3 Network Blue Ray Disc.

Wholesale Price0 : $411.99
Sale Price :$599.99
My Profit: $188.00

I ask this question before and someone told me that on ebay I need to churn items quickly and not worry about profit and if I make $188.00 per item and sell 1 item but if I make $50.00 per item but sell 12 i will make more money. Is this some kind of wholesale selling technique to sell wholesale products and make profits? How will I make more money by selling 12 PS3 systems and make $50.00 per item if the wholesale price is 411.99 per item?Please explain carefully step by step so I can understand it easily.

I think the point they were trying to make is that if you ask $599 for them, they might not sell, but if you ask $461 for them, they will sell. Would you rather make $50 profit per item and get rid of them, or ask $188 profit per item and be stuck with them?

This is all your choice. You can do whatever you want. You can sell them for any amount you want to ask. The person who advised you was just trying to make a point that it’s easier to make a smaller profit than a large one.

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Ebay has the largest number of online sellers and buyers on the internet. With so many competitors around it is a tough job to make marginal profits. Often there are many Ebay sellers, who do not make any profits on their sale. As a result many Ebay sellers move on or start selling other products. The fact being that you should use Ebay to drive traffic to your website. The more traffic to your website, the higher optimized your website becomes. Besides, on Ebay you are able to get visitors who are interested in your product or services. So at the end of the day you can convert more visitors into loyal customers of your shopping cart. The best option is to use a Shopping Cart platform that uploads and manages your Ebay with a click. Such a shopping cart is Shopping Cart Elite – fast, reliable and easy to use. Check out some more helpful tips for your online business at: www.shoppingcartelite.com

Duration : 0:10:24

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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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I just got a website full of products to sell on ebay but the problem is that I don’t know what starting price I should put my items on Ebay. For Example: I’m want to sell a Playstation 3 40GB with Grand Theft Auto 4 and a PS3 Network Blue Ray Disc.

Wholesale Price0 : $411.99
Sale Price :$599.99
My Profit: $188.00

I ask this question before and someone told me that on ebay I need to churn items quickly and not worry about profit and if I make $188.00 per item and sell 1 item but if I make $50.00 per item but sell 12 i will make more money. Is this some kind of wholesale selling technique to sell wholesale products and make profits? How will I make more money by selling 12 PS3 systems and make $50.00 per item if the wholesale price is 411.99 per item?

there is a price that will make you the most amount of profit assuming you have an ample supply of goods.
first you need data. to get this data you may want to sell your item at a buy it now price for a week and then change the price and each time you do this record how many are sold and the profit on each one.
multiply the profit by the amount sold and whatever price gave you the most profit is the one that should be used.
Good Luck !

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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