Auction Power Guide

I am currently trying to start an ebay business due to financial problems in the family. But before I start, I need to know what the most popular items sold on ebay are, how to get more customers, and just basically what makes a good ebay account.
Thank you for your time and concern for reading this!!

What should you sell on eBay? As a seller, the most popular selling items in the world’s best marketplace are also the most profitable. Hot products in hot niches make the most money for sellers because buyers are always looking for them and willing to compete to buy them.

Some of the most popular selling items include designer clothing, designer accessories, especially handbags and shoes, cell phones, and video games. There are many more hot products that are sought after by buyers, some of which come and go.

Currently the most popular video game system is the Nintendo Wii, and other popular systems include Xbox 360 and PlayStation 3. Video games are popular with eBay buyers, including vintage games from older systems. Some vintage video games bring extremely high prices. For example, an old NES video game recently sold for more than $17,000.

The average sell-through rate for products sold on eBay is about 30%. This means the average product sold on the popular auction site has a 30% chance of selling. For this reason it often takes 3-4 times to list an item before it sells.

Popular selling items on eBay have a sell-through rate of 50% or higher. Some niches even enjoy a sell-through rate of 75% or higher. When sellers sell in these lucrative niches, they have a much higher chance of having auctions end with the item sold.

By sticking with hot products in lucrative niches, sellers sell more products for higher prices, and pay less in listing fees because the majority of items sell the first time without the need to re-list them.

When choosing products to sell online, it is always best to stick with the most popular selling items on eBay, because buyers are always searching for them, willing to pay more for them, and they bring high profits for sellers.

I am always looking for things to sell on eBay. I usually look for small items I can ship really easy. What items do you think would sell really well? What do you buy on eBay?

You can view the most searched for & watched items by going to ebay pulse

http://pulse.ebay.com/

Top 10 at the moment
1. wii
2. cricut cartridge
3. iphone
4. ipod touch
5. ipod
6. coach
7. xbox 360
8. wii games
9. laptop
10. ps3

I bought a Xbox 360 arcade and want one more controller. Also need 2 rechargeable batteries with one USB charger.
Need some tips and advice on buying these stuff.

Make sure the seller has 100% positive feedback. Check out the comments that other buyers and sellers have left for them and what they’ve left for others too. Some people don’t leave feedback even after you’ve left it for them. It’s happened to me several times. Also, go with a controller that says it’s in the package still and actually shows a real picture of the item for sale instead of one of the stock photos. Try looking for the controllers that come with a Play and Charge kit with them. The white ones like that are harder to find on there, but you’ll see some of the black and red ones. Ask any questions you may have and check out which auctions others are bidding on. Go with one with either free shipping or a reasonable amount. Controllers cost around $6 to ship; a bit more if they’re sending it Priority. I always set mine with free shipping and send them Priority. Make sure you have a Paypal account so you’re covered if anything bad happens.

I want to make some good money on the side selling on ebay. I am not sure what to sell though. Can someone help me out?

Thanks.

You only need 1 type of items: short supply. That goes with anything. Since Ebay charges outrages fees, you might as well make a good amount and make it worthwhile. That could be anything in short supply, from watches to games. Remember when the xbox 360 sold out? Remember when the Nintendo Wii sold out for about a year? There was only one place for sure you can find, although it would cost a customer double price: EBAY. Ebay is the largest free-market in the world! People go to this website to find things they would not find anything else in the world.

If you are willing to make some good money on the side, that could also mean waking up early to go to them special sales. And be prepared for Black Friday next year. Go to places that are going out of business as you can find great deals there. Your local thrift shops are a treasure made to be found. There you can find books that you can sell at the true value as some college students find great deals on books on the website that they would normally pay hundreds for them. And best of all, you get a good profit. You do not need to invest that much, just invest most of your ebay business on your researching to give a convincing credibility on the item you are selling.

Ok so this is what I am selling

White Xbox 360
60GB hard drive
All leads
Component cable
2 Official controllers
2 Official rechargeable battery pack with rechargeable docking station
12 games:
COD MW2
GTA 4
COD WOW
Halo 3
Gears of War 2
Condemned 1
Condemned 2
Fable 2
Borderlands
Halo ODST
Assassins Creed 2
The Orange Box

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I have sold about items on Ebay before and have a good reputation

However!! his will obviously be a big sale for me and I need tips on how to sell it.

If I am setting auction price – what start price

If I am setting a buy it now price – what price

Any other things I need to take into consideration please tell me

ANSWER THAT GIVES ME THE MOST HELP WILL RECEIVE BEST ANSWER!!!

You should sell it on Amazon if you are serious about this sale

First thing is that on Ebay there is a lot of spam with fake sales so it makes it difficult to trust your sale

Amazon is overall safe and can be trusted with almost all items that are sold. That is you also have to honest.

I mean you might have to sell things separately but I will always go to amazon over ebay.

Here are the items that I found at my favorite (and most of the time lucky), rummage sale.

You can check out my ebay store here…..
http://stores.ebay.com/thetreasureaddict

Thanks for watching!!

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Market research – Yes that right! This is the first step, you need to research your market may be I would call “spy” before start selling. You should know what average price on the market, how popular for the product, how many competition seller are there. You may need some tools if you have a lot of product and have a huge selling per month. But you can use basic tool on eBay like watcher in my eBay panel and Advance search, it’s enough! One more tools is your feeling.

Find keywords and related

Ok now start Basic marketing research go to eBay click on advance search on the top right. I make an example I would like to sell an Xbox ok now I enter Xbox and click on search. Then see the results you will see relate keywords make note of that. It very important keywords is most of how to your customers found your products. Example for Xbox relates keywords is Xbox console, Xbox system, Xbox Game, Xbox 360 system etc. Remember keywords are the mostly important for online auction selling.

Find categories

Second chance how do they find your production is categories on your listing if you would like to sell Xbox but you list your product in shirts categories nobody would buy it at all. You have to choose your product to match with your categories before list your items, it the one of the best way to aim at the buyer target. To find categories form the first step on search result page you will see the suggest category by automatically. Then use one of category that you think it mostly match with your products. For Example if want to sell Xbox system I will sell at Video Games> Systems. If I want to sell Xbox wireless controller I will sell at Video Games> Accessories categories.

Find competitor

Select about 2-5 seller for spy and learn from they strategies Do not directly copy you will not make any deal if you follow they strategies because many of reason like feedback may be that you do it will help them to make more selling because customers has same product to compare. You should make you own way but learn from them use strong side and improve weakness side. Ok what you should really do find production to same to you or similar from two group of seller first from power seller and one seller that have a lot of bidder then watch of they listing product. From power seller you would watch time of listing, listing period like 3 days 7 days that upon product, listing frequency, start price, average ending price, picture etc. From many of bidder seller you would suggest how could do they bring many bidder to they auctions mostly is from cutting price but not all, some make free shipping etc. Use that strategies with power seller strategies and mix it together. If you can’t not find any relate seller that similar with your product you may lucky if you are the first man of the market and customers want you product it will be the incredible fortune.

Calculating

After you find 3 things for now you would got a lot of information. And now start calculation how much for buy and sell price. Don’t for get eBay listing Fee and Final Fee. Shipping price, payment methods and transaction fee. I highly recommended to using Paypal for major accept payment you would accept cashier’s check and money order for some of buyer. You may say transaction Fee and auctions listing Fee is a bit of money Yes, you right but imagine if you have a lot of sell it will not a bit of money at all all of any fee is important calculate it carefully.

Goal and Analytic

Plan your Goal before you start selling. How many products you will sell per weeks or month how much for profit per each, per month analyze from information that you got before. Then start selling be follow your plan and enjoy.

Bestives ion
http://www.articlesbase.com/online-business-articles/basic-step-to-success-on-ebay-selling-marketing-research-92779.html