Posts Tagged ‘Ebay Feedback’

How To Make Extra Money-Sell Your Stuff On EBay!

Wednesday, October 28th, 2009

Many people have started to make extra money selling their items on eBay and within a cupple of weeks or months they?re raking in thousands of dollars every month.

Are they true? Some of them are and it?s being done everyday.Earn extra money on eBay is easy if you?re willing to educate yourself and follow the rules that have been honed to near perfection over many years of trial and error.
Register with eBay is a good way to begin and browse through the various auctions and see what?s selling and what?s not. There are many tutorials, books and audios you can purchase (some of them are free) if you?re serious about making money on eBay.

The more you know the more likely you are to succeed. The basics are easy and you can get started almost immediately. But, to earn serious cash it typically takes a while to fine tune your business.

The beauty of selling on online auctions is that it?s inexpensive to get started and test a product. Throw it out there and see how many buyers bite. If it?s a flop, try something else and you?ve only lost a few cents. eBay offers many ways to research a product to see what an item has sold for and how many have sold. If there?s no demand for your product, find something else.

Good feedback goes a long way to the success of selling or buying on eBay. Feedback is a system where each buyer or seller receives a rating on his service and the item. A good way to get started receiving positive feedback is to buy a few items and pay promptly.

Whether buying or selling the best way to pay is through Pay Pal. This is a company affiliated with eBay that allows you to pay with a credit card through them. It?s easy, fast and as safe as possible. You can accept checks or money orders if you want, but it delays completing the transaction.

When you?re ready to start selling it?s probably best to start with items around the home you don?t want anymore such as clothes, electronics, books and collectibles. When you run out of those you can find items at garage sales, wholesale houses and even other auctions. Some people sell items for a commission for their friends.
You can sell both new and used items. It?s nice if you can find a niche market for something you?re interested in such as digital cameras, Hot Wheels, or antiques.
The more specialized you become the more you?re perceived as an expert.

When you have multiple items for sale or a good source for your products it may be time to place them in an eBay store. Details on how to do this can be found on the eBay website. In the eBay store, your items are on display without the expense of a bricks and mortar building.

Be honest about the things you?re selling and point out any flaw it may have. If you make a mistake, admit it and make it good. Your reputation as a seller is at stake. A good digital picture of the item will reveal most flaws and will boost your sales. Most of the time on eBay the first picture is free and you can add others for a small fee.

When you sell an item, communicate with your buyer and ship promptly. Say thank you and that you?d appreciate receiving a good feedback and you?ll do the same. Selling on eBay one item at a time or in volume in an eBay store is an excellent way to make easy extra money and maybe even a small fortune?at least a good living.

The Auction Phenomenon

Thursday, October 22nd, 2009

Online Auctions such as eBay have really grown in popularity over the past few years. And it’s easy to understand why. From a buyers perspective when you browse eBay you can find just about anything you might be looking for. From collectable to clothing, from automobiles to the odd and weird. It’s listed for auction on eBay. And from a sellers point of view if you have something that is worth selling, you are bound to find a buyer for it at eBay.

As explained in my book “eBay Marketing Wholesale SourcePak” eBay is a community of members who can buy/sell items locally, nationally and internationally. And while eBay has over 100 million members there are rarely any real problems between buyers and sellers. I believe much of this can be attributed to the eBay feedback. Feedback is where buyers and sellers can leave comments on their experience with each other. Whether is was a good or a bad transaction, you can read about it in the feedback. Now I won’t lead you to believe there are no problems at all, because that would not be right. But all in all things run very smoothly.

Harris Poll did a survey regarding online auctions that I found quite interesting.
43% of participants said that they bid at online auctions looking for bargains, 23% said they are looking for hard-to-find items and 21% were looking for collectables.

When it came to how confident buyers are at receiving their purchases, 54% were confident and 40% were very confident they would have no problems receiving their product. This compared to only 1% who was not confident.

51% of those surveyed said they always, check feedback before buying from a seller and 36% said they usually do. Only 3% said they never check. I’ve got to believe that this 3% are newbies.

A whopping 83% of participants said they had bid and purchased items. With 51% saying the average value of the product bought was up to $50.00. 24% said the value was $51. - $100. and 21% said $101. - $500.

66% paid for their items by personal check, cashier check or money order to the seller. While 44% paid by credit card using the third party payment service listed on the auction. And 59% said they had never experienced a problem with their purchases.

Considering eBay recently reported $14.87 billion in annual merchandise sales, there is generally very little problems between buyers and sellers. That is one of the reasons eBay makes such a great Home Based Business.

Happy Selling!
Joe Clare

[Sponsored] Bryan Seawell is the proud owner of this article and he owns a site called: “guitar scale mastery“. See how he can help you with his site: “music master pro” and allow him to share with you his best known secrets here at his exclusive site, “jamorama review“. Thank you for your trust and belief in Bryan. Hope it will benefit you and others. Have a wonderful day ahead. [Sponsored]