Selling on eBay – Have You Remembered to Pay your Fees?
If you've just started selling on eBay you're probably still finding your way around, and coming to terms with the ins and outs of how eBay works. Don't worry, there are people out there who have been selling on eBay for years who haven't mastered it all yet!
As you may know, eBay is the biggest open marketplace in the world, and as such it needs some sense of order to survive. Most of the rules and regulations are simple and straightforward, common sense in a way, and so are easy to understand and will help most people to achieve their goal of selling or buying on eBay.
One of the most important things to remember if you are selling on eBay is to pay your eBay Fees on time! It's such a simple thing to remember, but you would be amazed at how many people 'forget', or don't think it important enough, and have to be reminded. Many others wonder why it is so important.
Like all business's both large and small, eBay runs on a 'cash flow' basis. Without some sort of control over income and expenditure these businesses would struggle to survive. When you consider that eBay are dealing with literally millions of customers on a daily basis, it is easy to see that without control they could find themselves in deep do-dah.
There is usually a 'grace' period of a few days after the fees are due, but if you're serious about selling on eBay then don't go over this period. The first thing eBay will do if you ignore the deadline is to suspend your eBay account! You really don't want that to happen as you won't be able to carry out any further business until they say so.
You may, for example, have some auctions still running in which case they could well be cancelled, incurring additional costs to you and you don't need that do you? Not when there are so many different ways to make sure your eBay fees are always paid on time.
Did you know when you first set up your free eBay account you were given several options regarding the payment of fees? You could, for example, opt for having all your eBay fees deducted from your credit card, or make arrangements to pay by other means. If you aren't sure about any of this, then eBay will offer assistance through their help desk.
If you do decide to ignore all the advice and make your own arrangements, just make sure you never forget, or your fledgling business could come to an abrupt halt! Normally, if no prior arrangement is made such as mentioned, then eBay will invoice you when the fees are due. If this happens, pay up straight away, but why take the chance? What if the invoice doesn't reach you? What if you've gone on holiday or been taken ill? Is it worth taking the chance?
For more advice and tips on everything to do with eBay, including starting from scratch, why not take a look at a specialist book such as '£2,500 a week PowerSeller Secrets' by Amanda O'Brien. She shows you exactly how she managed to go from nothing to £2,500 a week selling on eBay. She tells you about all the mistakes she's made, so you don't have to make the same ones! That's kind isn't it?
Tuesday 26 January 2010
Thursday 7 January 2010
Keep your finger on the pulse for eBay profits
How to Profit from Other Peoples Sales on eBay.
If you're stuck about what to sell on eBay, or you can't make your mind up which product is the best, you can always 'piggy back' the success of other people currently selling on eBay.
What do you mean?
OK, what you need to do is to look at the 'hot' products currently selling well and see if you can sell the same or similar. If you can't find anything in your chosen 'niche', then look at other 'niches' and see what you can find. There are literally hundreds and hundreds of different 'niche' categories and sub-categories you can look at in eBay, so have a look round and see what you can find.
Then what?
Knowing how to research what’s currently hot on eBay is the best way of picking the right product to sell. What you need to look for are products that are already selling well on eBay, rather than trying to re-invent the wheel. In other words, don’t try and introduce a new product.
Look at what others are selling successfully and then sell it yourself. If you know where to look to find the products that are flying out in huge quantities, all you have to do then is find a source for that product, list it and take a slice of the pie.
What about the competition?
It doesn’t matter. The trick is not only to look at what’s selling right now, and then source and sell a similar product, what you want is to go one better – that’s the way to eBay selling success!
Now, a better version of the product doesn’t necessarily mean an upgraded form of the same product either. Think laterally.
A better guarantee.
A better listing.
Added extra such as Fast Dispatch.
These are all things that can make your product seem ‘better’ to a potential buyer.
OK, tell me how I do it then
The research method I will show you goes by the name of eBay Pulse. It's a free tool which is in fact provided by eBay itself. But it’s surprising how few sellers know about this essential and extremely useful tool.
Using eBay Pulse, combined with other research methods, will allow you to easily find hot 'niches' and products that are good sellers on eBay with very little effort. I use it all the time and it’s the first place I look when I am researching new products and ideas.
How do I find it then?
Log in to your eBay account. Once logged in go to 'Site Map' at the bottom of the eBay home page. On the left hand side scroll down to 'More ways to find items' and look for 'eBay Pulse'.
Clicking on this will take you to the eBay Pulse page and near the top will be found 'Categories', Expand the list and look for your chosen category and click on it.
Now you will be faced with a list of the most popular searches within that category so you can go a step deeper in finding a good product to sell. Further down the page you will see a list of 'Most Watched Items', again from your chosen category. Look at this list and see if there's a product that you like there as well.
If you want actual sales figures for any of these products, click on the listing and look for 'sales' next to 'history'. You can now see exactly how many have been sold over what period of time. This should tell you if it's a good selling product or not.
By doing good research first on how well a product has been selling will ensure you choose something that you know will sell. So all you now need to do is source that product for as little as you can, do all your sums properly, do a brilliant listing and watch the sales come in!
To get more detailed knowledge of this and some of the other top strategies on getting the most from selling on eBay, have a look at Amanda O'Briens' £2,500 a week eBay Powerseller Secrets book. She really does go through literally everything you will ever need to know about selling on eBay. All the tips, tricks and strategies to make your experience of using eBay one to be proud of, and one to make you a lot of regular money. Check it out HERE now!
If you're stuck about what to sell on eBay, or you can't make your mind up which product is the best, you can always 'piggy back' the success of other people currently selling on eBay.
What do you mean?
OK, what you need to do is to look at the 'hot' products currently selling well and see if you can sell the same or similar. If you can't find anything in your chosen 'niche', then look at other 'niches' and see what you can find. There are literally hundreds and hundreds of different 'niche' categories and sub-categories you can look at in eBay, so have a look round and see what you can find.
Then what?
Knowing how to research what’s currently hot on eBay is the best way of picking the right product to sell. What you need to look for are products that are already selling well on eBay, rather than trying to re-invent the wheel. In other words, don’t try and introduce a new product.
Look at what others are selling successfully and then sell it yourself. If you know where to look to find the products that are flying out in huge quantities, all you have to do then is find a source for that product, list it and take a slice of the pie.
What about the competition?
It doesn’t matter. The trick is not only to look at what’s selling right now, and then source and sell a similar product, what you want is to go one better – that’s the way to eBay selling success!
Now, a better version of the product doesn’t necessarily mean an upgraded form of the same product either. Think laterally.
A better guarantee.
A better listing.
Added extra such as Fast Dispatch.
These are all things that can make your product seem ‘better’ to a potential buyer.
OK, tell me how I do it then
The research method I will show you goes by the name of eBay Pulse. It's a free tool which is in fact provided by eBay itself. But it’s surprising how few sellers know about this essential and extremely useful tool.
Using eBay Pulse, combined with other research methods, will allow you to easily find hot 'niches' and products that are good sellers on eBay with very little effort. I use it all the time and it’s the first place I look when I am researching new products and ideas.
How do I find it then?
Log in to your eBay account. Once logged in go to 'Site Map' at the bottom of the eBay home page. On the left hand side scroll down to 'More ways to find items' and look for 'eBay Pulse'.
Clicking on this will take you to the eBay Pulse page and near the top will be found 'Categories', Expand the list and look for your chosen category and click on it.
Now you will be faced with a list of the most popular searches within that category so you can go a step deeper in finding a good product to sell. Further down the page you will see a list of 'Most Watched Items', again from your chosen category. Look at this list and see if there's a product that you like there as well.
If you want actual sales figures for any of these products, click on the listing and look for 'sales' next to 'history'. You can now see exactly how many have been sold over what period of time. This should tell you if it's a good selling product or not.
By doing good research first on how well a product has been selling will ensure you choose something that you know will sell. So all you now need to do is source that product for as little as you can, do all your sums properly, do a brilliant listing and watch the sales come in!
To get more detailed knowledge of this and some of the other top strategies on getting the most from selling on eBay, have a look at Amanda O'Briens' £2,500 a week eBay Powerseller Secrets book. She really does go through literally everything you will ever need to know about selling on eBay. All the tips, tricks and strategies to make your experience of using eBay one to be proud of, and one to make you a lot of regular money. Check it out HERE now!
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