|Net Auctions and Auction Information|
Sell Your Items at Cost and Make a Fortune on eBay!
Like all ebay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I was ending up selling them at cost, even though the items were finally selling at a profit price, because I was having to factor in the ebay relisting fees etc.
So I took a moment and sat down and thought how I could deal with these items and still make money. What I ended up doing was thinking outside the ebay sellers box and coming up with selling them at cost to make a fortune.
What I mean by this was that I was going to sell the items at no loss to me on ebay but then use the opportunity to build a relationship with the buyer that could be used to build long term profit for me. Think of it as :
A loss leader without the Loss!
Let me use a couple of examples :
Item sells on ebay for £20 profit, buyer buys the item and pays and thats the end of it. Your total profit is £20.
Items sells at cost, zero profit but you use the sale as an opportunity to build a relationship with the buyer and lock them into your business. The buyer then buys one item a month (maybe more!) for a year giving you a profit of £240 (minimum). If these are from your website not ebay your profit will be greater as you will have no fees. Over the lifetime value of a customer this could mean thousands of pounds profit...
It is common knowledge that when a customer is locked into your business or product then they are more likely to repeat purchase, which is where the fortune part of the equation comes in. The principle can also be used when you sell at full price but as you are selling at a bargain price the customer is more likely to be interested in your offer as they will put your product and value into the same sentance.
What I am asking you to do is to take a critical look at what the true worth of ebay actually is, is is not just in instant terms but the long term possibilities far outway the short term profits.
The question is now, 'How do you build this relationship?
There are a number of ways but by far the most successful that I use is by using a simple email!!! No harder than that this building a relationship idea...
Once the customer has bought my ebay item I send a simple receipt via email thanking them for thier purchase and making them aware of my website and offering them the opportunity to join my mailing list so that I can contact them with furthur offers they may be interested in.
I make it very clear that I have no intention of flooding them with spam and give them the choice of the number of times they will be contacted in a month. This has two effects, they gain trust in your professionalism as you are seen not to be just harvesting emails and it also makes them feel in control as they set the frequency of contact.
It does mean that I have to operate a number of mailing lists but this is a small price to pay to lock customers into my products.
The majority of my customers (approx. 90%) join the '1-4 times a month list which is great as this means that I can contact them once a week with offers if I needed. This is a frequency that I feel is adequate to maintain the relationship between me and my customers as I am not seen to be spamming them but still seen to be offering products of interest to them.
It is also important to note that I do not always send out one mailing a week as it is dependent on the product you sell as to whether the customer would want to purchase once a week. i believe greatly in the relationship that I have with my customers and can see the long term benefits of maintaining this and therefore I refuse to jepordise it for a quick profit.
A point to remember, if they choose not to take the opportunity to join your list then do not keep emailing them. this is SPAM and will do no more than tarnish your company, website and products image in the eye of the buyer.
What I am saying is Think outside of the ebay box, ebay offers a massive opportunity in terms of potential customers and long term profits as opposed to short term profits.
How much would it cost to get the number of page views, that ebay listings get, on your website using your own traffic generating methods, use ebay and use it good.
Mike - Webmaster and ebay Power Seller
Pottawatomie County Auctions Off Classic Mustangs Aaron BrilbeckPottawatomie County is getting into the classic car - news9.com KWTV
Pottawatomie County Auctions Off Classic Mustangs Aaron BrilbeckPottawatomie County is getting into the classic car news9.com KWTV
Finnish auction house takes over Wisconsin mink trading hub Sacramento Bee
More than 100 vehicles available at state surplus auction ABC6OnYourSide.com
Most Watched Kobe Bryant Basketball Card Auctions on eBay Sports Collectors Daily
Wyatt Earpâ€™s â€˜Vendetta Rideâ€™ Shotgun to Sell at Heritage Auctions in Dallas - NBC 5 Dallas-Fort Worth
Wyatt Earpâ€™s â€˜Vendetta Rideâ€™ Shotgun to Sell at Heritage Auctions in Dallas NBC 5 Dallas-Fort Worth
Leake Auctions sells $17M of vehicles in Scottsdale AZ Big Media
Zion's Debut Jersey Hits NBA Auctions Block Sports Collectors Daily
JFC Silent Auctions to be Available Virtually IDEX Online
Mecum Auctions offers 1,750 motorcycles at South Point Las Vegas Review-Journal
Mecum Auctions kicks off annual motorcycle auction KLAS - 8 News Now
Centennial couple says the owner of a shuttered auction gallery still owes them money - The Denver Channel
Centennial couple says the owner of a shuttered auction gallery still owes them money The Denver Channel
Online Wine Auctions: A Beginnerâ€™s Guide Wall Street Journal
More than 100 vehicles up for bid at Ohio surplus auction 13abc Action News
Foreclosure Auction Scheduled For Long-Time Framingham Restaurant framinghamsource.com
INVALUABLE HOSTS WORLDâ€™S TOP AUCTION HOUSES IN PARIS TO BUILD WINNING BUSINESS STRATEGIES AMID RAPID TECHNOLOGY TRANSFORMATION - Yahoo Finance
INVALUABLE HOSTS WORLDâ€™S TOP AUCTION HOUSES IN PARIS TO BUILD WINNING BUSINESS STRATEGIES AMID RAPID TECHNOLOGY TRANSFORMATION Yahoo Finance
Public auctions often fetch more for in-demand properties St. Augustine Record
Muskie Booster Club Plays to Win with 30th Cake Auction Discover Muscatine
Wheeling Health Right to Host 27th Chef's Auction Wheeling Intelligencer
Social media updates from 2020 Naples Winter Wine Festival auction Naples Daily News
Design royalty is all atwitter about the Prince of Chintz auction The Washington Post
JFK letters to former Calif. governor head to auction fox5sandiego.com
Selected Western livestock auctions | Livestock Auctions Capital Press
Rare '48 Tucker is just one of the million-dollar-plus cars up for auction this weekend - Yahoo Finance
Rare '48 Tucker is just one of the million-dollar-plus cars up for auction this weekend Yahoo Finance
104 Vehicles Available at State Surplus Auction Saturday â€“ WKTN- A division of Home Town Media - WKTN Radio
104 Vehicles Available at State Surplus Auction Saturday â€“ WKTN- A division of Home Town Media WKTN Radio
Christieâ€™s Has Cancelled Plans for a Middle Eastern Art Auction in Dubai, Citing a Lack of Top-Quality Works - artnet News
Christieâ€™s Has Cancelled Plans for a Middle Eastern Art Auction in Dubai, Citing a Lack of Top-Quality Works artnet News
Princess Diana's Audi 80 Cabriolet Heading to Auction autoevolution
â€˜Mona Lisa of Mustangs,â€™ Raced in â€˜Bullitt,â€™ Sets Auction Record The New York Times
NBA's Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum - The Block Crypto
NBA's Sacramento Kings partner with ConsenSys to launch sports gear auctions on Ethereum The Block Crypto
Sarasota Amish community auctions quilts to raise money for Haiti Sarasota Herald-Tribune
Lake County supervisors discuss tax defaulted land auctions Lake County Record-Bee
Sotheby's Auctions Impressionist Paintings Recovered From Nazi Looting; Watercolors by JFK Also Go to Auction - Hyperallergic
Sotheby's Auctions Impressionist Paintings Recovered From Nazi Looting; Watercolors by JFK Also Go to Auction Hyperallergic
Chicago developer Hilcoâ€™s $240 million bid wins auction for bankrupt Philadelphia refinery - The Philadelphia Inquirer
Chicago developer Hilcoâ€™s $240 million bid wins auction for bankrupt Philadelphia refinery The Philadelphia Inquirer
One year after kidney transplant, 9-year-old auctions prize-winning swine at Manatee County Fair - FOX 13 Tampa Bay
One year after kidney transplant, 9-year-old auctions prize-winning swine at Manatee County Fair FOX 13 Tampa Bay
Former California Gov. Jerry Brown surprised by auction of father's JFK letters | TheHill - The Hill
Texoman equestrians host auction benefit for owners of horses battling liver disorders - KFDX - Texomashomepage.com
Texoman equestrians host auction benefit for owners of horses battling liver disorders KFDX - Texomashomepage.com
Vintage Ford Bronco sells for $650,000 at auction for Alzheimerâ€™s Association - KTVI Fox 2 St. Louis
Vintage Ford Bronco sells for $650,000 at auction for Alzheimerâ€™s Association KTVI Fox 2 St. Louis
McGavock auctions off Patrick Mahomes firefighter helmet for Lubbock families of first responders - KLBK | KAMC | EverythingLubbock.com
McGavock auctions off Patrick Mahomes firefighter helmet for Lubbock families of first responders KLBK | KAMC | EverythingLubbock.com
mmWave auction poised to resume, on path to $6B FierceWireless
Frank Sinatra auction: Gold-seated toilet, piano, clock among items from Chairman Suite at the former Golden Nugget Casino - CBS News
Frank Sinatra auction: Gold-seated toilet, piano, clock among items from Chairman Suite at the former Golden Nugget Casino CBS News
From an Iconic Italian Racing Bike to a Revolutionary Harley: 4 Standout Motorcycles Star at the Mecum Auctions - Robb Report
From an Iconic Italian Racing Bike to a Revolutionary Harley: 4 Standout Motorcycles Star at the Mecum Auctions Robb Report
Phoebe Waller-Bridge Auctions Golden Globes Tuxedo on Ebay to Aid Australia Fires - Hollywood Reporter
Phoebe Waller-Bridge Auctions Golden Globes Tuxedo on Ebay to Aid Australia Fires Hollywood Reporter
Comedian Performs at Womenâ€™s Auction Event COLlive - Chabad News
Dogpatch's time's up; auction set to sell park Northwest Arkansas Democrat-Gazette
Site where Bloody Benders killed victims is up for auction The Topeka Capital-Journal
Bugatti, Aston Martin, and other historic cars to sell at auction that could generate $60 million - Yahoo Finance
Bugatti, Aston Martin, and other historic cars to sell at auction that could generate $60 million Yahoo Finance
Auction of Auburn Hills Golf Club called off Roanoke Times
Wellness Place Opens Sponsorships, Donation Opportunities and Ticket Sales to Gala Auction - NewsRadio 560 KPQ - KPQ
Wellness Place Opens Sponsorships, Donation Opportunities and Ticket Sales to Gala Auction - NewsRadio 560 KPQ KPQ
1956 Mantle Jersey Brings $649,250 in Mile High Auction Sports Collectors Daily
7 Interior Designers Shop the Mario Buatta Auction Architectural Digest
Mustang From Famed â€˜Bullittâ€™ Car Chase Heads to Auction The New York Times
AuctionTime.com & Auction Flex to Host Auctioneer Forums in Montana & Kansas Norfolk Daily News
Kings Island hosts a First Riders Auction Loveland Magazine
The first example of the new 2020 Chevrolet Corvette Stingray just sold at auction for $3 million - Business Insider
The first example of the new 2020 Chevrolet Corvette Stingray just sold at auction for $3 million Business Insider
Paddle Auction in Dexter, blood drive in Lawrenceville and more on the Community Bulletin Board - WWTI - InformNNY.com
Paddle Auction in Dexter, blood drive in Lawrenceville and more on the Community Bulletin Board WWTI - InformNNY.com
Heritage Charity Auction Settles with EEOC in Employment Discrimination Suit - The National Law Review
Heritage Charity Auction Settles with EEOC in Employment Discrimination Suit The National Law Review
Lionel Train Auction Draws Bidders from Across US businessjournaldaily.com
Hereâ€™s Jalen Hurtsâ€™ Alabama-Oklahoma helmet auction results, viral video with kids at Senior Bowl - AL.com
Hereâ€™s Jalen Hurtsâ€™ Alabama-Oklahoma helmet auction results, viral video with kids at Senior Bowl AL.com
Modi to put loss-making Air India back on the auction block Nikkei Asian Review
Manny Medina will auction his Coral Gables estate Miami Herald
Barrett-Jackson Celebrates Highest-Grossing Auction in 49-Year History With Over $141 Million in No Reserve Sales - Odessa American
Barrett-Jackson Celebrates Highest-Grossing Auction in 49-Year History With Over $141 Million in No Reserve Sales Odessa American
McAlester cattle auction results | Markets High Plains Journal
PLCB restaurant auction open to bidders Central Penn Business Journal
PHOTO OF THE DAY: ON THE AUCTION BLOCK Freemansd
All eyes on Scottsdale; Ahead of Arizona auctions, classic car market dips - Phoenix Business Journal
All eyes on Scottsdale; Ahead of Arizona auctions, classic car market dips Phoenix Business Journal
Cardamom auctions continue to witness low arrivals BusinessLine
U.S. millimeter wave auction reaches more than $7B FierceWireless
Popular auction set for New Year's Day - News Wilkes-Barre Citizens Voice
Where To Find Items To Sell On eBay
One question that always seems to pop up is, "Where do I find products to sell on eBay?" Here are some ideas to get you started.Start at HomeWhen you first get started, it can be a little unnerving.
Is The eBay Fee Increase Actually Good For Business?
Fee Increase Leaves Some Sellers Angry, Others ThrilledMuch of my email from readers this month concerned the recent announcement from eBay that it will increase many seller fees on February 18, 2005. Since many business people use eBay's online store system as their primary ecommerce point of sale, it's no surprise that most of the emails I received were of the angry variety.
Top 10 Free Online Wholesale Resources
By the time that a product has made it to your local retail store, it's probably changed at least three people's hands, possibly even more than that. And each one of those people had to mark up the cost of the item to cover their investment and make a profit.
10 Tips to Starting a Financially Successful Ebay Business Startting Right Now
Ebay is Perhaps the easiest and fastest way to start a home based online business. Here are 10 Tips to starting a Successful Ebay Business1 - Become an Ebay ShopperBuy a Few things on Ebay.
So, Can You Really Sell EBooks On EBay And Make Cold Hard Cash?
Selling eBooks on eBay, and making any worthwhile profit from doing so, is becoming more and more difficult.Gone are the days when you could sell someone else's books on eBay, and it's becoming considerably more difficult to sell ebooks that you might have written yourself or via Public Domain Publications.
Drop-ship or U-ship: That is the Question
For small Internet retailers, drop-shipping is one of the best innovations since sliced bread. How else can a start-up offer a wide variety of products and convince customers that they have a fully-stocked warehouse-while investing virtually nothing in inventory or warehousing? Before you jump right onto the drop-shipping bandwagon, however, there are some pitfalls to avoid.
From Ebay Zero to Power-Selling Hero: How To Learn New Tricks Without Spending
The Internet is the fastest-changing marketplace on earth. Million-dollar ideas from one year ago might notgenerate a single penny today.
Traditional Marketing Techniques for eBay Auction Ads
Ya know, I sort of giggle when I look at an ad on eBay that's just a black and white description of the item or product that's up for bid. It wasn't long ago at all that I would have done the exact same thing, but once I understood some traditional marketing techniques, not just been exposed to them; everything looked totally different.
Four Reasons Why You Should NEVER Use Animations In Your eBay Auctions
Inexperienced auction sellers, or those lacking in confidence, often want to make their auction listings more dramatic and exciting. They dread the possibility that buyers will be bored by their auction and turn away with indifference.
How To Find REAL Wholesale Dropshippers For Almost Any Product
With more and more people getting online, many of them are searching for information on specific products that they are interested in purchasing.Thus one of the best possible ways to turn a profit online is to find wholesale sources that will drop-ship thes products directlyto your customers who come to your website for more informatation.
Using Online Ebay Auctions to Promote Your Website - Confessions of a True Traffic Junkie
If you are looking for traffic to your e-commerce site, you should look no further than Ebay. The reason for this is Ebay is an online auction site that has a huge following and millions of hits on a daily basis.
Learn How To Be A Successful eBay Seller
Anyone can sell anything on eBay. Open an account, list your product, and wait for the bids to start coming in.
Mistakes to Avoid in your eBay Auctions
Online auctions continue to grow in popularity as an easy and efficient way to make money on everything from unwanted household items to rare and expensive collectables and even to bulky items like cars.Log on to eBay and you will see countless auctions on any item you can imagine.
Drop Shipping Secrets and Sources Revealed
Unfortunately for those just breaking into the wholesaling business, drop-shipping source information is jealously guarded. With a firm understanding of the service they offer, it isn't hard to see why.
Four Huge Mistakes Ebay Sellers Make (Even Some Moderately Successful Ones)
No matter how many times I see it happening, I'mconstantly amazed at the number of people who areliterally throwing money away by making incrediblysimple mistakes when they sell items in an onlineauction. Over the last seven years, I've been making a greatliving buying and selling products on eBay and otheronline auction sites, and I've perfected a techniquethat pretty much guarantees anyone can start making aprofit right away.
Buying Used Dell Laptops, PCs and Servers on eBay - How to be successful
Two years ago I needed a way to refresh more PC's and Laptops at my company without spending more. New Dell laptops were great but expensive and over the years we had accumulated many Latitude C series parts.
The Effects of eBay on American Merchandising
With one brilliantly simple idea, eBay was born just a few short years ago.From its humble beginnings in the Collectibles business, it went on to achieve the lofty heights it enjoys today.
Dropship Your Way to Success
Many people know they would like to start an Internet business, but they don't have a product to sell. The solution is often drop shipping.
Dropship Your Way To Ebusiness Success
Q: I would like to start my own eBay business, but I really don't want to invest in a ton of inventory until I can get a better handle on what might or might not sell. I read another column about dropshipping, but I'm still a little fuzzy on how the whole process works.
Selling on Ebay-Get Started in 7 Easy Steps
Ebay auctions are definitely the easiest and fastest way to start earning money online. Ebay.
|home | site map|