Over the years, eBay has introduced all sorts of different auction types, in an effort to give people more options when they buy and sell their items on eBay.
For every seller who does not like the idea that their item might sell for a much lower price than they intend, there are others who want to shift hundreds of the same item as quickly as possible “over the counter”. eBay tries to cater for all tastes.
This posting will try to give you an overview of the different kinds of auctions and their advantages for you.
Normal Auctions.
These are the bread-and-butter of eBay, the auctions everyone knows. Buyers bid, others outbid them, they bid again, and the winner gets the item. Quite simple.
Reserve Auctions.
Reserve auctions are for sellers who do not want their items to sell for less than a certain price – a concept you must be acquainted with if you are familiar with real auctions. They work just like normal auctions on eBay, except that the buyer will be told if their bid does not meet the reserve price you set, and the buyer has to bid again if he or she really wants the item. If no one is willing to meet your price, then the auction is cancelled, and you keep (are stuck with) the item.
Fixed Price (’Buy it Now’) Auctions.
‘Buy it Now’ auctions can work in one of two ways. You can add a ‘Buy it Now’ button to a normal auction, meaning that buyers can choose either to bid normally or to simply pay the asking price and thereby avoiding the whole bidding process. Some sellers though, might now cut out the auction process altogether and simply list all their items at a fixed price. This lets you avoid all the complications (hassle) of the auction format and simply list your items for how much you want to have them sold for.
Recently, eBay added a twist to fixed price auctions: the ‘best offer’. This means that buyers can contact you to negotiate a price, which could be a good way to get to sell some extra stock at a small discount. The only downside to reserve and fixed price auctions is that you pay a small extra fee to use these formats. In general, it is more worthwhile using reserve auctions for higher-priced items and fixed price auctions for lower-priced ones – but remember that you can combine the two formats.
Multiple Item (’Dutch’) Auctions.
These are auctions where you can sell more than one piece of a certain item. Dutch auctions can be done through bidding. Buyers bid a price and say how many items they want, and then everyone pays the lowest price that was bid by one of the winning bidders. If you have trouble getting your head around that, then do not worry, everyone else has the same problem as you too! These auctions are therefore very rare.
What is more common is when a seller has a lot of one item, and lists it using a combination of two auction types, i.e. a multiple-item fixed price auction. This just means that you can just say how many of the item you then have, and offer them at a fixed price per unit. Buyers can enter how many they want and then just click ‘Buy it Now’ to get them.
Now that you know about the different types of auctions, you should make sure that the items you plan to sell do not violate eBay’s listing policies. The next posting will let you know what is allowed and what is a BIG no-no.
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If you seriously thinking of earning, not losing BIG money on eBay, I definitely recommend a very successful product how to market eBay(R) auctions
- eBay Fortune , The Definitive Roadmap To Auction Riches -
as an eBay Seller, you will need it!
Take Action – Click Here to Download “eBay Fortune , The Definitive Roadmap To Auction Riches”
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Stay tuned,
Christer
BTW
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Are you an eBay seller? If you have been looking for a relatively easy way to make money, there is a good chance that you are. Different individuals use eBay, but many use eBay to make a little bit of extra money or even to financially support themselves and their families. If you are an eBay seller, how is everything currently going? Are you making as much money as you had hoped to make?
If not, please read on, and you will find some tips are outlined below on how you can make sure that your eBay items sell better.
When it comes to buying items on eBay, there are many eBay buyers who are on the lookout for eBay scams. Before purchasing an item, one of the first things that an eBay buyer does is check the feedback of the seller. Doing business with a highly rated and recommended eBay seller reduces or completely eliminates the possibility of getting scammed on eBay. Feedback helps to give you a good reputation, but there is also something else that can help you get a good reputation, and this is an “About Me,” page. This is a page where you are in the position to introduce yourself and give a little bit of background information about yourself and your eBay business.
“About Me,” pages are optional, but there are a number of benefits in having one.
Once an eBay buyer has learned that a seller who has an item that they want/need for sale is a reputable one, they will most likely continue to examine the product being sold. This is where your biggest chance of making a sale comes in.
First, make sure that your products are being sold at a fair price. Keep in mind, when making your auction listings that you are after making a profit, but on the other hand, you do not want to scare off any potential buyers with a too high price. Just making sure that your prices are reasonable is enough to increase your chances of making a sale.
Secondly, make sure that you accurately describe all of your items that are being sold. For instance, if you are selling a lot of or a group of children’s toys, it might be a good idea to take the time to list the names of each toy being sold. Outline the condition in which each toy is in as well. If you are selling toys that require batteries, you should state whether the batteries are included or not. Providing a detailed, accurate description of all of your items will definitely increase your chances of having them be sold
In addition to a detailed description, it is also rather important that you have pictures of your items. eBay allows you to post one free picture, but more can be posted for additional fees. Do not let these additional fees deter you from posting additional pictures, as they are likely to increase the chances of making a sale. In fact, you may want to have a look into free photo sharing websites, such as PhotoBucket, as they allow you to post additional eBay pictures for free. When taking pictures of your eBay items, make sure that you take a number of close-up pictures. Also, make sure that the pictures are easy to see and that the light is good. Having poor pictures or no pictures at all is one of the many reasons why many eBay items end up not being sold.
The methods of payment that you accept may also have an important impact on how well your eBay items will sell. One of the most common forms of payments used, to pay for eBay purchases, is PayPal. The reason why PayPal is so popular is because it enables shoppers to buy items from you, without having to disclose their account numbers. If you do not already accept PayPal, please take a look into doing it. Although most eBay buyers use PayPal, you should also remember that not everyone does. For that reason, you may also want to accept other methods of payment, including money orders or personal checks. The only thing with personal checks is that you should wait until the check is cleared, before shipping the buyer their merchandise, especially with large and expensive purchases.
By implementing the above mentioned eBay seller tips, you may start seeing an increase in your eBay sales, even right away. In all honesty, you need to think of it from a buyer’s perspective.
Look at your auction listings and ask yourself: would I buy what I am selling from a seller like me?
* * * * *
If you seriously thinking of earning, not losing BIG money on eBay, I definitely recommend a very successful product how to market eBay(R) auctions
- eBay Fortune , The Definitive Roadmap To Auction Riches -
as an eBay Seller, you will need it!
Take Action – Click Here to Download “eBay Fortune , The Definitive Roadmap To Auction Riches”
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
Stay tuned,
Christer
BTW
Do you also remember to FOLLOW ME on Twitter?
My new content from all my web pages is also going there
If you find the information useful, don’t hesitate to Tweet or email the post to your friends and colleagues and set up a link on your own blog!
http://twitter.com/christerfolke
Are you interested in becoming an eBay seller or are you a relatively new eBay seller? If that is the case, you may still be in the learning phase regarding the ins and outs of eBay. Selling on eBay is a great way to make additional money or even enough to fully support yourself, but you have to be successful at what you do. Unfortunately, it can take time to fully come to grips with all the ins and outs of eBay, particularly how to become a profitable eBay seller – until now.
Below you will find some useful tips, tips that you not necessarily will find explained on eBay.
All eBay sellers are required to pay fees to list their items for sale on eBay.
You are charged two separate fees
- a listing fee or insertion fee
- a final value fee
For the final value fee, you are charged a percentage of the price that your item was sold for. The insertion fee or listing fee is calculated somewhat differently. Instead of being charged a percentage, you are charged a set amount.
For instance, momentarily, it costs .20 to list an item up to .99 cents and .40 to list an item for sale between $1.00 and $9.99, and the fee scale continues upwards in a similar fashion. Please remember that this is just a sample.
eBay regularly changes their fees; therefore, please do not rely on the aforementioned fee samples.
Although eBay sellers must pay the eBay fees mentioned above, many do not take the time to thoroughly understand those fees. You are advised to inform yourself, as it otherwise may end up costing you money. For instance, many of the price ranges for eBay’s insertion fee scale ends at .99 cents. For you, this is a great opportunity to save money, but you must know how to do so. As stated above, if you list one of your items at $9.99, the sample insertion fee would be only .40 cents. Did you know that if you listed your item for $10.00, your insertion fee could jump up to around .60 cents (+ 50%)! An extra .20 cents just for a penny is pretty expensive, don’t you think, especially if you list a number of eBay auctions that way. Before listing items for sale on eBay again, examine eBay insertion fee sale and see how you can easily save money, sometimes by just shaving a few cents off your asking price.
It has often been said that to be a successful eBay seller, you need to have good product descriptions and clear digital pictures of the item or items that you are to sell. Of course, having a number of pictures in your eBay listings is a great way to increase your chances of making a sale, but it can be expensive doing so. eBay allows sellers to post one picture for free. Additional pictures can be purchased for a small fee, but that small fee can add up over time. With that in mind, many eBay sellers limit the number of pictures they put in their auctions. However, you do not want to do this. Instead, you should examine photo sharing sites. Photo sharing websites, like PhotoBucket is a nice, free way to add more pictures to your eBay auctions. Register with a photo sharing site, like PhotoBucket, follow the instructions and you should be saving money in no time at all.
The aforementioned ways are just a few of the many ways that you can save money on eBay, not lose it. In all honesty, you should do a little bit of research first. Using the Internet is a great way to research selling on eBay, as many other eBay users are prepared to share their money-making secrets with you - free of charge.
* * * * *
If you seriously thinking of earning, not losing BIG money on eBay, I definitely recommend a very successful product how to market eBay(R) auctions
- eBay Fortune , The Definitive Roadmap To Auction Riches -
as an eBay Seller, you will need it!
Take Action – Click Here to Download “eBay Fortune , The Definitive Roadmap To Auction Riches”
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
Stay tuned,
Christer
BTW
Do you also remember to FOLLOW ME on Twitter?
My new content from all my web pages is also going there
If you find the information useful, don’t hesitate to Tweet or email the post to your friends and colleagues and set up a link on your own blog!
http://twitter.com/christerfolke
Are you an eBay seller? If you are, there is a good chance that you have heard of an eBay store before.
In fact, you may even have your own eBay store. eBay stores are increasing in popularity. For that reason, if you currently do not have an eBay store, you may be considering whether to open one or not. To determine whether or not you should open an eBay store, you should examine the advantages and disadvantages of having one.
Before examining the advantages and disadvantages of having an eBay store, you may be interested in knowing exactly what one is. In a way, having your own eBay store can be compared to having your own retail store. By paying a small monthly fee, you are able to create your own customised “storefront.” This storefront is what customers will see when they visit your eBay store. For instance, you can make your own logo, create your own eBay store, and much more. As previously mentioned, you must pay a small monthly fee to have an eBay store. However, you must also pay traditional final value and insertion fees. Despite having to pay traditional eBay fees, if you have an eBay store they are much lower than normal.
Perhaps, a reduction in eBay fees is one of the biggest benefits to opening up your own eBay store. Howeverm if you only sell a few items a month on eBay, it might not necessarily be worth open up an eBay store, but if you are a medium or high volume seller, you could save a considerable amount of money by opening up your own eBay store. It is also important to mention the easy of use. Creating your own eBay storefront page is easy to do, as well as creating your own eBay listing. Despite being listed in your eBay store, you create all of your eBay listings the same way as you did before, using eBay’s step-by-step guide.
Although there are a number of advantages having an eBay store, there are also a number of disadvantages or downsides having one as well. One of those downsides is marketing. Unlike many traditional auction listings and “Buy It Now,” listings, which show up in eBay searches, items inside eBay stores do not. Essentially, this means that it is your responsibility to get traffic to your eBay store. Without traffic, your eBay store items will not be able to sell. While there are easy ways to get traffic to your eBay store, like using traditional auction style listings, which will appear in eBay searches, and then place a link to your eBay store, and such, it can be pretty time consuming undertaking. How you will make money is definitely something to consider before opening up an eBay store.
As you probably can see, there are a number of advantages and disadvantages to opening up an eBay store. The decision as to whether or not you want to open up an eBay store is yours to make, but you are advised to at least look into opening one. Thoroughly researching and examining eBay stores is a great way to learn more about them, as well as gain insight into whether or not you can profit from having one. While having an eBay store is not for everyone, there are a number of eBay sellers who have come to notice an big increase in profit since opening their own eBay stores.
* * * * *
If you seriously thinking of earning BIG money on eBay, I definitely recommend a very successful product how to market eBay(R) auctions
- eBay Fortune , The Definitive Roadmap To Auction Riches -
as an eBay Seller, you will need it!
Take Action – Click Here to Download “eBay Fortune , The Definitive Roadmap To Auction Riches”
* * * * *
Another viable and most recommendable option, when starting up an eBay business, is to make use of the drop shipping concept, which you can read about in the post – eBay and Drop Shipping – A Must To Use
Click here to find out more about drop shipping.
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
Stay tuned,
Christer
BTW
Do you also remember to FOLLOW ME on Twitter?
If you find the information useful, don’t hesitate to Tweet or email the post to your friends and colleagues and set up a link on your own blog!
http://twitter.com/christerfolke
If starting up an eBay business is your goal, as opposed to just auctioning a few items off for some extra cash, you need to use the eBay business solutions that are available to you.
eBay’s success depends on the success of its sellers, and they strive in helping you whenever they can.
eBay Business Solutions is the key to starting an eBay business.
eBay Stores is one of the better solutions for eBay business owners. An eBay store will allow you to list multiple quantities of the same item, and allow you to keep them listed for longer time periods.
eBay Store owners also enjoy lower auction fees, and have access to advanced merchandising tools. Eventually, you should consider upgrading to an eBay Pro Store, which will allow you to customize your storefront with your own brand and web address.
There are many other eBay Business Solutions, such as seller tools, the eBay solutions directory, and the merchant solution center, but you should definitely start with your very own eBay store, followed by an eBay Pro Store.
* * * * *
Another viable and most recommendable option, when starting up an eBay business, is to make use of the drop shipping concept, which you can read about in the post – eBay and Drop shipping – What Is It All About?
Click here to find out more about drop shipping.
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
Stay tuned,
Christer
BTW
Do you also remember to FOLLOW ME on Twitter?
If you find the information useful, don’t hesitate to Tweet or email the post to your friends and colleagues and set up a link on your own blog!
http://twitter.com/christerfolke
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