As a successful powerseller on eBay I often get turned to for advice. Since I registered on eBay in 2000, I’ve ran thousands of profitable auctions which I follow these guidelines. Most importantly always try to be fair with other users who deal with you and never be intimidated by any competition. eBays big enough for us all, and currently there is 1 seller registered to 78 buyers.

1) Low starting Price

Before you list your auction, ask yourself what’s the lowest amount you’d be prepared to accept for your item. A low starting price will attract more bids and at a quicker pace – usually within the first day of the listings. Research shows that a .99c starting price will get you bidders within a few hours. Many vehicles and high value items are sold with a low starting price especially by established powersellers – because unless it’s an extremely poor week the item will normally end up with hundreds of bids & at a cost that’s acceptable to the seller.

Additionally users are more likely to view auctions which already have a successful bid as it generates interest in your item. It’s like if you see a market stall with hundreds of people standing around it – your curiosity would tell you to stop & see what’s generating all the interest. Use human curiosity to your advantage.

2) No Reserve

Many sellers still place reserve prices on their item. A reserve price is one which unless it is met by your sellers you are not obliged to sell the item. An example would be if you have an reserve of $10, and your item sells for $9.00 you do not have to complete the sale & release the item. Reserve items, although very occasionally may be necessary in the case of extremely high value items or businesses for sale are off putting to bidders. Why would you bid on an item with a reserve price on, unless you already knew were aware of what the reserve was. Personally I’d look for alternative items without a reserve price.

eBay has already removed the Reserve Price option from some of it’s site in a move that is largely welcome by the majority of users. It could be a sign that this policy change will be extended to all of it’s sites.

3) Images

An Image is worth a thousand words. Take photos of your item to clearly show the condition of it, and any damage or unusual aspects of it. eBay allows you to include one photo free of charge & if you use your own image hosting service you can easily include as many photos as necessary to show your item in a detailed manner. Many powersellers use up to 20 photos for one single item. Ask yourself how many are necessary for your item. & also consider using the gallery option so the image will appear within the search listings.

4) Cross-Promotion

You’ve worked hard to get users to view your listing, so while their viewing it also include a link to any other items you’ve available. This is allowed in addition to the already provided link to “View other sellers items”. You can use commercial services (such as Anadale) to include images & descriptions of your other items.

5) About Me Page

Sell yourself on your About Me Page. This is your chance to establish some credibility for yourself. The biggest reason people will not buy from you online is because you have failed to establish any credibility for yourself. So include details about you & your business. Where are you suituated?, how long have you been registered on eBay?, What do you specialise in? If your a high volume seller you may also want to include a photo of yourself. Have a look at other About Me pages to see what works and what doesn’t.

6) Return Policy

Nothing gives buyers greater confidence than knowing that they can return the product if it’s not for them. So consider drafting yourself a returns policy.

Will you accept returns? What if the item arrives faulty? How long is the policy valid for?

It may seem like a big risk to offer such a policy knowing that you’ll have to incur a cost relisting & reshipping items but only a very small amount of users will return the items.

7) Feedback

Leave feedback for the winning bidder as soon as the item is paid for. Some sellers like to protect themselves by only returning feedback when it is left for you. I consider this unprofessional and your bidders will most likely think the same too. Don’t be scared of getting a negative or neutral comment on your feedback record. The majority of users will consider all of you feedback before bidding, not just looking at one or two comments.

Additionally if you deserve any feedback left for you such as if you were late shipping, accept it was you fault. Don’t be too worried about admitting it with an apology in response to your feedback. You may also want to compensate your winning bidder with reduced postage or a bonus item to show it was a genuine error on your part.

If you know the there is going to be a delay in completing any transaction, email the bidder and inform them. Apologize with a comment such as “This is a rare incident that’s completely out of my control. I hope by looking at my feedback record you will see this is an completely isolated incident”. Always try to keep on good terms with all your buyers.

Instant attention

Give immediate attention to your bidders & prospective bidders. Don’t leave a delay of days before responding to any emails or phone calls. And following a successful transaction you may want to email your bidder to tell them when the items been shipped and when it will be expected to arrive.

I know many sellers, some of them powersellers who takes days to respond to a simple email. If you don’t have time to respond immediately consider delegating the responsibility to someone else who can respond on your behalf. Never give any bidder reason to doubt whether your a genuine seller or not.

9) eBay Store

Opening an eBay Store is a necessary step for anyone medium sized seller. Not only do you benefit from cheaper & longer listings within your shop, but you can also cross-promote your products easily, send out newsletters and establish a trusted brand for your listings easier. Also you’ll gain more coverage (& hopefully bids) for your listings by appearing in the eBay store directory.

10) Shipping

Don’t be tempted to over price your shipping costs and try to make a small profit on this. Firstly you can be found out to easily, & it’s one of the most unforgiving things for a seller to do. More importantly over pricing your shipping costs is against eBay policy.

If your offering digital goods such as an eBook or special report, you may consider a small handling fee to cover your time and administration costs. If you do make sure it’s fair and clearly highlighted within the item listing. The last thing a bidder wants to do is find out there are unexpected costs associated with a purchase they’ve made.

Good luck with your eBay selling activity.

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the car is in great condition the reserve and buy it now price are pretty cheap. the thing is i dont have enough for the buy it now and i have enough for just over the reserve and the bid is about 2,000 less than the reserve price as of right now and the item has about 2 days left.
so what would be my best shot at getting this vehicle?

With one hundred million sellers on eBay you are probably wondering why so many people have jumped on the bandwagon. It is because it’s such an easy way of making money. All you have to do is sign up and register as a seller and instantly other members will have access to see what you have on offer for sale. Initially, of course, you have to take time to make your listings attract the attention of potential customers but once you are established as a reliable and trustworthy seller, your database of customers will increase with popularity as your feedback score gets higher and higher. There are no limits to your options of what to sell on eBay, from property and businesses to cars and personal items such as clothing and shoes – check out the prohibited items before submitting your listings though just so you keep on the right track.

So how do you go about starting to sell? First of all, you need to have taken part in the eBay experience, so buy something from another seller to see how the process works. Then when you feel confident in the system, find a product to sell, preferably an item which is considered to be a necessity (although necessity, of course, is in the eyes of the beholder!). If you can buy your chosen item(s) from a wholesaler, this can be a much more cost effective way to operate. As soon as you have sorted out the formalities with the supplier, and decided on your profit margin, you can then choose whether to sell on an auction basis or at a set price where the buyer can purchase immediately with just one click without having to bid against other eBayers. Once people are buying your items you can have the goods shipped direct from the wholesaler which will solve any storage problems you may encounter having to keep your items at home or in storage.

Customer service is the key to becoming a respected seller on eBay and as a general rule, as in any business, the customer is always right. It is important that you recognize the customer’s needs and what he or she expects to receive in terms of service from you. Having this understanding and knowledge will make you a better seller and your customers are likely to come back time and time again, leaving positive feedback which, in turn, will attract new buyers to your business.

eBay offers numerous tutorials, and even holds eBay University classes in your local area from time to time to help you become a good seller. Taking a little time and effort to attend classes or to at least read up about eBay at the beginning of your trading will definitely help you to avoid mistakes and hopefully ensure a profitable business in the making.

Mark has been selling on eBay for over 5 years. More articles on eBay: http://www.simplyusedphones.com/ebayarticle.html email:myoung@sctproducts.com

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Well, I am sure most people have heard of eBay, and here are a few pointers to using it effectively. But, for anybody who has not heard of eBay, the first thing you need to know is that it is an online auction site which brings buyers and sellers together. Over the last few years it has become the largest and most open market for almost any item you can think of.

One thing you must realize is that there is a slight risk involved with any dealings you have on eBay, as of course, it is only as good as the people who use it. Luckily, eBay have several systems in place in an attempt to safeguard the interests of their users. You really need to read the information and guidelines on their site, before you start buying or selling.

Setting yourself up on eBay is fairly straight forward and registration is free, but for some it can be a bit overwhelming. Not to worry, there is a wealth of information on the internet and lots of books to help you get started on the right track.

When you come to sell on eBay, you have to pay a listing fee to post your sale item and a final value fee, which is a percentage of the final bid price your item achieves. The problem is that if your item does not sell, you still have to pay the listing fee, which is a pain in the wallet.

A very important part of eBay is the feedback system, which you use to build your credibility. The better feedback you have, the easier it is to find willing buyers who can have some trust in you. I suggest you go along to eBay and familiarize yourself with the system. To get some sort of idea of what to expect your item to sell for, have a look at what similar items are selling for, there is also a feature called the completed items search.

One piece of advice is do not be too quick to leave negative feedback for buyers or sellers, as there is a good chance that they will return the favor, whether it is justified or not. As a good example, my eBay account has a feedback score of 120+ and 100% positive. And I have never left negative feedback for anyone, although at times I have been sorely tempted.

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You must have heard about a lot of people that make a kill selling things on eBay. You must have also come across stories about how people have left their full time jobs, and now make all their earnings through eBay, and that too, a substantial amount. Then there are those who continue with their existing jobs, but pursue eBay to have additional handsome income. While all this is true, you should remember that it is work after all, and requires commitment. Don?t believe those who tell you that you don?t have to work, and that eBay will do everything for you, while the money keeps pouring in. eBay is just a medium over the internet. You have to make it work for you, and this is not a simple task. However, if you are determined and focused, eBay can turn into an ultimate tool that will lead you to success and prosperity, if you are willing to work towards it.

For starting out, decide what you are going to sell. While this would seem obvious, but there are lots of people who ignore this step. One thing leads to another, and before you know, you might be selling things as varied as antiques, to plasma TVs. Start with a niche and stick to it. If you venture out into too many different things, think about the inventory that you would need to maintain! Expanding should be a gradual process that comes with success, but is definitely not recommended in the beginning. Don?t try to be Wal-Mart, just stick to a niche!

Have complete understanding of your profits, and keep a tight control over it. While this might sound very easy and obvious, it is one of the most difficult things to follow up on a day-to-day basis, and comes more out of habit. Always consider all the overheads, and supposedly hidden costs that you will encounter. For selling on eBay, the overheads will consists of eBay and Pay Pal charges (or charges for any other mode of payment that you accept), shipping charges, packing costs etc. Other ?hidden? charges can include the cost of borrowing, cost of space for maintaining the inventory etc. Include all these charges when deciding on a price. It is also much better to sell lower volume for higher margins, rather than high volume for very low margins. At such times, the turnover will look big, but after considering all the charges, you will be left with very little for the amount of work you have put in.

Apart from these, there are other factors like maintaining a professional attitude, and maintaining your focus even during dire times. Don?t expect to achieve overnight success with eBay. You will have to ride the learning curve, and profits in the beginning will not be as much as you like them to be. But as you gain experience, and learn new things, and then apply them, you are bound to achieve success, and prosperity.

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What do i need to know about selling on ebay?

If you have never sold products on eBay before, I would suggest that you start with your own household items that you are ready to part with. You probably have things in storage, items in the back of your closet, or things you don’t use anymore. You can generally get a lot more for them on eBay than you can by having a yard sale.

Once you get your feet wet with the selling process, and exhaust your personal resources, you can look to local auctions for more products to sell on eBay. Many local auctions specialize in property, personal estates, antiques, Nascar and other collectibles.

Sometimes you can even find large lots of inventory or product types, and purchase the entire lot for a discount or wholesale price. You can then sell the products individually through online auction, and flip your investment into a nice little profit.

How do you choose which products to buy, and how much should you bid?

The goal is to buy low and turn a nice profit. What I have done in the past, and would highly recommend, is that you team up with your spouse or with a friend. One stays at the computer while the other attends the local auctions, and you stay connected by cell phone. You want to keep your method under your hat by the way, so step outside to make the calls or be as inconspicuous about text messaging as you possibly can.

When you find a product that you are interested in, or that you think may do well on eBay, make a note of the model number or any specific product information. Pass this on to your “invisible partner” so that they can research the product for you.

They can look up the product to see how well it has sold on eBay in the past, and the price range that it usually brings as a high bid. This helps you to bid more accurately at the auction, instead of guessing at how well it will do online and bidding in the dark.

Your partner will need to be quick on the keyboard and familiar with eBay. You need to know how many auctions are currently running for that item, and whether the market is already flooded with sellers. They can also search the Completed Auctions to see what the high bids were when the most recent auctions ended. After a few trial runs, you can get your teamwork down to an art.

Without this Invisible Partner you may bid too high for an item that brings a lower price on eBay, or that doesn’t sell well online. Unless you know your product, and know your market (super well), it pays to have someone checking on things behind the scenes.

You can usually find out about Local Auctions by checking the newspapers. There is also a great site called http://AuctionZip.com where you can find live auctions in your area as well. All you have to do is put in your zip code, tell it how far you are willing to travel (within 30 miles, for example) and it will give you a calendar of auctions in your area.

A quick search at AuctionZip tells me that there are 9 local Auctions going on in my area this weekend (and I live in a very small town). Some of them are for properties, others are entire personal estates (ie estate auctions), and some of them specialize in antiques & collectibles.

When you tap into these resources and get a system down for buying smart, you can flip products from one auction to another for an easy profit!

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Understanding international eBay sales iseasy with these tips, learn how to register, create an account, and buy and sell things on eBay in this free video. Expert: Kate Cook Bio: Kate Cook has been selling on eBay for more than five years. She sells an average of 300 items per month with sales averaging $3500 a month. Filmmaker: kyle saylors

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“Going once, going twice…”, that is usually the phrase associated to the traditional practice of auctioning. This has indeed changed with the advent of the internet particularly the emergence of the ebay explosion. Ebay made auctioning a modernized one and the benefits are enormous. This is a guide on how to make money on ebay auctions.

a. Presentation counts a lot.

If you would like to make money on ebay through auctions, you should be able to devise a way to make your products more presentable to your target customers or market. In this case, presentation is everything because people are not likely to pay a high amount for something that looks like it is low in quality. Human nature dictates the habit of judging things by the way they look, thus one should exert efforts in making his or her products as enticing as possible.

b. Categorically speaking.

It is a must to position your product in the right category to make your product more visible. If it is somewhere it should really not be, chances are it will not gain the proper attention it deserves from auctions enthusiasts.

Make use of the category guide provided by ebay to help you on this matter. Also, the proper title for your item should be given major consideration since this is what buyers will be keying in if they would not want to go through the tedious task of rummaging through hundreds of categories.

c. Proper Advertisement

Advertisement is essential in any business and apparently this particularly applies to eBay auctions too. In advertising your item, its description should be given ample consideration. Too lengthy and it gets too boring. Too short and it will look not so well thought of. Being truthful with your item’s description will prove to be one of the best way to do it. A picture of the item you are selling will also do great in making your product attract more traffic. Practice on producing good shots of your item to make more people appreciate the effort you put in advertising your product.

d. Starting Price Schemes

You can use various methods in pricing your item to make buyers to look at the auction.

Depending on your item, you can either price it low and wait for it to be bid up to your expected level. Ebay offers fixed pricing as an alternative. If you prefer a method wherein you will determine a certain minimum price or a reserve price you just have to be ready for the limited traffic and the extra amount you have to pay for your auction to be listed.

e. Payment Methods

If you limit your payment method to only one, say Paypal, it will lose the chance to be considered by other buyers who can afford to bid and pay using other payment methods. If you are planning to do this for a long haul, including other payment method options will help you do better in auctioning off your products.

These are only a few of the fool-proof ways to capture the attention of buyers and eventually convert them to sales. It is still important that you keep yourself updated with the other methods that other ebay sellers are employing for their auctions to do well.

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Learning how to make money on eBay is not rocket science and at first glance even the most rudimentary principles of making money apply. Profit equals income minus expenses. Sell something for more than what it cost you and you’ve satisfied the equasion.

There are therefore only three things that someone who wants to learn how to make money on eBay needs to do. 1. Buy something, 2.sell it, 3. make sure that the purchase price is less than the sale price (including fees). Selling the item isn’t usually the problem. As with so many things that relate to making money through buying and selling, the profit is in the purchase price.

What this means for people trying to make money on eBay is that they need to develop a strategy for buying things consistently for a good price. It must be the number one problem for eBay sellers and it is unfortunate because learning how to make money on eBay is so easy.

Where can you buy things to sell on eBay?

I guess this is the number one problem for eBay sellers, really. But it shouldn’t be. We all buy things every day and we know people who buy things and see people buy things. It’s just something that the majority of people have experience in. And we’re usually not shy about shopping around for the best price.

The problem is that in order to make money on eBay we need to be consistently buying at below 50% of retail to make a profit (for new items anyway). This is roughly the average discount that you should be able to get on eBay for something that you could otherwise buy somewhere else.

But how do you get this sort of a discount regularly?

First of all, there is no hard and fast rule that says that you have to sell new things to make money on eBay. Trying to find dropship suppliers and wholesalers is really an advanced topic that only the most serious and committed eBay sellers should employ.

The reason that eBay originally gained it’s giant success wasn’t because it was a great place to buy a plasma TV for a bargain basement price. eBay originally established itself as a place for people to trade collectibles and antiques and other rare items.

The good news is that this kind of product still sells like crazy on eBay, but many people who want to learn how to make fast money on eBay neglect this kind of product and just want to know how to find a dropship wholesalers for iPhones or TVs!

It really is crazy.

Antiques, collectibles and other rare items are available plentifully. There are antique stores everywhere and bookstores full of highly profitable items. Where do you think these sellers get their items?

From you and me.

I think the major problem is that we are looking too far in our quest to make money on eBay. We probably have something in the attic or garage that we could sell instantly for over $1000. I know I have. So if we have these items, then doesn’t it stand to reason that other people do too?

Garage sales and weekend markets are still the best place to go to find items for next to nothing that can be used to make money on eBay. You just need to do a little homework and a little leg work (oh and probably get up early on a Saturday).

I have personally made $1000s from a couple of hours on a Saturday morning and I do it regularly.

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Feeling distress and uncertain over the recent economy downturn? Fear of being the next person to lose your job? Why not try to make money selling on eBay?

In this economy, financially stability seems to be an elusive concept. Many Americans work two or three jobs in order to bridge the gap and provide for often times large families. However, many have rejected the notion of a life devoted to work in favor of other moneymaking alternatives such as business opportunity like making money selling on eBay.

One such option, which is increasing in popularity, is to make money selling on eBay by placing items on this popular website, an online auction shopping heaven. It is easy anyone can become a seller; all you need is an account, a username, and a password. And things to sell, of course.

When you are making money selling on eBay, sellers can auctions anything including textbooks, clothes, cellular phones, and even musical instruments. A seller may auction a souvenir from a celebrity on eBay and makes bundle of money.

Consequently, sellers who are trying to make money selling on eBay can become overwhelmed by its magnitude. You may be confused about the process for becoming a successful eBay seller.

With a few, simple making money selling on eBay tips regarding your eBay account and the best ways to make the most of it, you’ll find yourself making that extra income to bridge the gap until we have a president who can actually do the job right!

Tip No: 1

The purpose of selling at eBay can be summed up into a few words: item affordability for buyers and supplemental revenue for sellers. Based on the latter concept, the successful seller will price his items accordingly. Don’t sell a seven-year old textbook in mint condition for the price of a new textbook. You will never be successful on making money selling on eBay that way!

Tip No: 2

Make sure you provide favorable conditions under which buyers will do business with you. Provide accurate descriptions and photos of the items you sell. You want the buyer to get exactly what he/she expects; if he/she doesn’t, your credibility will suffer. This is one of the critical principle you have to obey if you wish to make money selling on eBay.

Tip No: 2

Be as creative as you possibly can when making money selling on eBay. As a beginner, it is wise to generate a couple of seller IDs in order to test the selling field. With each ID, sell different kinds of items at different prices and see which ID yields the most sales.

Tip No: 3

Use this idea to dodge negative feedback; if you happen to try a method of selling that yields a negative reaction from customers, don’t utilize that ID anymore. In this way, you can retain your credibility while learning the art of making money selling on eBay.

Tip No: 4

In terms of items to sell, let you creativity sour. For example, before the holidays come around, crafts gifts that customers can give to loved ones. You’ll definitely make a bundle of cash, since the holidays bring masses of people looking for unique gifts to give to their families and friends. So grab this make money selling on eBay golden opportunity now!

That way, you’ll know what popular and what’s not. But in everything remember, you are in charge. Make your selling experience the best it can possibly be by following these make money selling on eBay tips. I assure you, you’ll get through this tough economic time, and you’ll come out of it richer than ever before!

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Ebay stock at 12.36 as of 11/14/08 less than the IPO Value of $18. Ebay Initial Public Offering in year 1998, was $18, therefore is negative by $-5.64 from it’s first historical value. Ebay stock has gone down from a high of $44 and now just $14.97 Oct. 16, 200813:00 PDT, . Ebay’s poor user growth trend is very much manifested by sellers closing their account on Ebay because of Seller’s Outrage on adverse user policies. Now, Ebay has resorted to milking remaining sellers by forcing them to …

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Now, I am going to give you how to get started making money on eBay & boost your high income business opportunities. eBay online market is the largest marketplace on the internet right now. I am sure that you can make big money online from home on eBay. You just have to learn EXACTLY how to make money on eBay.

READ THIS: If you are looking for high income business opportunities and way to earn big money online from home.>