Auction Power Guide

Recently, I created a new account on ebay and I have no idea how to use it.

I wrote a detailed blog that answers this question.

http://sunforged.wordpress.com/category/ebay-selling-tips/

Some quick tips in case you never bother to read it.

Use keywords only in your listing titles

DONT – wii with 1 controller and two games CHEAP Look
(from actual listing)
DO – Nintendo Wii Wi Wimote Smash bros party play

leave out and, is, dont write a sentence, use just keywords also common misspellings are smart to include

Your pictures are the most important, also dont list expensive items until you have a decent feedback level.

Ill paste the blog in- but there are links that would help you in the original that wont transfer

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eBay Power Seller Secrets – Exposed vol 1
October 28, 2008 · No Comments

eBay has opened up a new venue for small businesses across the world to expand their sales, markets and exposure. Depending on ones prior experiences the tasks needed to expand successfully into this venue are either seen as dauntingly complex or misleadingly simple.

I recently purchased a rather expensive book that was marketed as exposing PowerSeller secrets, unfortunately I did not discover any new information from this source so I have decided to share my apparently uncommon knowledge with cyberspace.

In truth, PowerSellers jealously guard their secrets in hopes of keeping competition out.

My eBay businesses are focused on passions of mine and involve high ticket items as a result I am less worried about loss of volume that the competition may create.

For this first installment I will share links to many seller resources that I have found helpful in my sales, research and consultations. Once this series is completely composed and organized I will be moving it to a members area of my website.

www.sunforged.com

Links you will find useful in your growth:

1. Never sell an item without knowing its approximate worth

Terapeak Price Report

2. Know your target market, close your items when your customers are shopping.

Know when to sell on eBay using research

3. Use research tools to take advantage of sellers who fail to follow appropriate scheduling and BIN pricing and use eBay as a sourcing tool for inventory.

Find hot products to sell on eBay

4. In order to accept payments you must have a Payment Processing Service, ie Paypal. As of October 20, 2008 eBay will no longer allow checks or money orders as payment options, Fortunately, they will not enforce this rule until January 2009. Other payment solution companys are expected to be named in the next few months. As of this time the only other solution is ProPay

Sign up for PayPal and start accepting credit card payments instantly.

5. If your monthly sales are good and consistent you will save money in listing fees by opening an eBay Store.

6. Or you may want to weave your eBay inventory with an e-commerce solution that integrates your pre-existing merchant account with Paypal and has a recognizable interface

ProStores 1 Month Free Trial

7. Your success continues to grow? You may want to consider purchasing your own domain and cross marketing your online presence.

GoDaddy is the service for web hosting and domain registration, all of their interfaces are easy to understand, There FAQ sections are thorough and customer service is easily accessed, easily understood and quick to answer.

Customer Service was able to easily walk me through a domain transfer and setting up the free hosting account that comes with all domains. This is the number one most important aspect in selecting a host when you are not an experienced guru yourself, you will have lots of questions, GoDaddy actually answers them !

Sale! $7.49 .com at Go Daddy GoDaddy.com 120×60

8. You will become uncomfortable with the fact that PayPal is constantly connected to your accounts, and has the power to hold, take and refund payments if you lose any bidder arbitration.

Be sure to have a seperate seller and buyer account, use a prepaid debit card as your funding source, paypal will never be able to seize or hold assets against your will, that simply do not exist.

Keep your connected seller account starved of funds and only connect a pre-paid debit to your buyers account.

Get a fresh start with an AccountNow Prepaid Visa

Keep in mind that I suggest only the most honest and professional conduct as a seller on eBay, but I do not trust Paypal and eBays arbitration system to make any decisions for me regarding returns, refunds and problem buyers. So a back up plan is proper.

9. Try to personalize yourself to the buyers, print up thank you cards or coupons to include with every shipment, promote your brand and encourage repeat customers.

It is also about time to have a presentable business card to present possible suppliers, customers and to prove legitimacy to those who think “Oh, he sells stuff on ebay, “

What

The time has never been better to take advantage of the ebay phenomenon and begin to build your own ebay business. The first step to success and what is considered an ebay selling secret is to begin selling part time.

This will help you get used to the whole ebay selling setup. There are a lot of things to take in.

It is easily a great way to make a bit of extra cash while helping you to learn the secrets of the trade. Once you begin learning the ebay selling secrets then you will be able to expand your ebay business.

It will take a lot of time and effort to learn the ebay selling secrets that work and are not just theory. Finding out the proper ebay selling techniques can become quite difficult as the top ebay sellers very rarely give up their secrets for cheap.

There are no ebay selling techniques that’s main aim is a get rich quick scheme. To become as successful ebay seller it will a lot of dedication and work.

The beauty of having an ebay business is that all you will need is access to the Internet and a product to sell.

That may make it sound easier than it is. This is mainly due to the fact that find the right product to sell can often be a difficult task.

One ebay selling secret is to find items from around your home and begin selling them. This will help you to get adjust to selling on ebay and will help you in your future business efforts.

Many sellers will go to garage sales and pick up great items for cheap that they can make a profit on. Before you even start doing this though you should always carry out research.

After all there is no point in buying an item that is not in hot demand.

To get you started here are 10 of the top ebay selling secrets that you should know and can implement straight away
– Research!

This is one of the most overlooked parts. When you carry out research it will enable you to find out what items are in demand. One of the simplest ways to do this is by running a search for your item and seeing how many related items show up for that keyword.

You can then check the sellers feedback to see how many times he has sold such an item.
– Keywords and descriptions are critical!

It is an important eBay selling secret to use appropriate keywords to describe your product. Be specific in your descriptions. Your descriptions are critical to avoid any future problems or potential returns by buyers.
– Make sure that your item is listed in the correct category!

There are a number of categories for the items to be put up for sale on eBay. The whole purpose of this is to have an organized tracking system of the products that are for sale. Some may say it is an eBay selling secret to put your item in exactly the right category where it belongs.

Really it is just using your common sense.
– When listing an item make sure there is a photo!

The eBay selling secret of using photos of the products during auctions with photos guarantee more sales than those that don’t have photos.

When you have a photo of the actual item, more buyers will pay a lot more interest. This secret will also help in building a higher trust level between you and the buyer.
– Make the Buying process Easy! Sign up for PayPal!

Signing up for PayPal is another way that will help you to gain more buyers for your item. If you want to make your auction as easy as possible for the buyer, then PayPal it is.
– List your items during “Hot Time” buying Periods!

Make sure that the time your auctions ends is during the peak buying times on ebay

Here is a quick reference for you:

Eastern Time Zone, list your auction between 9pm-11pm
Central Time Zone list between 8-10pm
Mountain Time Zone between 7-9pm
Pacific Time Zone list between 6-8pm.

By knowing these Hot Time buying periods, your products will likely get great exposure.You’ll see the glowing sales you’ll gain after the auctions.
– Make an “About Me” Page or better yet!

Having an “About Me” page in eBay is an selling secret which let potential buyers get to know you. Getting a free web page from many companies is also a way to promote yourself
– Positive Feedback is Important

Having positive feedback is very important . eBay buyers looks at your feedback ratings before looking up your listings. To get positive feedback, make sure to keep a good customer service and customer relations.
– Never put any ad that would scare your potential buyers away!

Always stay away from placing reserve prices and the buy it now function when you are selling one item. One of the key ways to make more money when selling on ebay is try and cause a bidding war.

If you get a few buyers who being trying to out bid each other you will notice a massive spike in your profit margin.

It is always good to take advantage of natural human reactions. If a buyer has his heart set on buying your item he will more than likely pay over the odds for it.

It doesn’t matter if he could probably purchase the same item elsewhere for cheaper.
– Decrease Postage and Shipping Costs!

Make sure that you never under or overestimate the shipping costs of your item. It is very important that you research and prepare for the what the cost will be to ship your item.

These ten ebay selling secrets should help you learn more about ways to sell on ebay and hopefully in the future will be the building blocks to your selling success on ebay.

Holly Stevens
http://www.articlesbase.com/home-business-articles/top-ten-ebay-selling-secrets-60020.html

So you’re ready for some good eBay Business Tips on time management. Great! I’m going to give you some that are indispensable for a successful eBay business.

The first thing you need to do is to ask yourself some important questions. These questions are designed for you to survey yourself so that you will make the best decisions for your business and how you manage your time. After all you will be working on your own and will have no one else to be accountable to. If you fail at good time management, you will fail at your eBay business. So make sure you don’t cheat, and be sure to be ruthlessly honest with yourself when you answer these questions.

For more information on ebay business tips click here