Auction Information

How to Sell Your Crafts on eBay


Artists, craftspeople and photographers are successfully selling their wares everyday on the online auction site, eBay. According to a recent analysis of eBay sales, a crafts-related item is sold every nine seconds, a scrapbook item is sold every minute, and 40 cross-stitch items sell in an hour on eBay. Sales of craft items on eBay have grown almost 60 percent in the past year, according to TheBidFloor.com.

But, at the same time, many would be sellers are listing their pieces for sale on auctions and getting no bids, concluding that eBay just doesn't work.

Here are some tips from James Dillehay, craft artist, eBay seller and author of the new book, "Sell Your Crafts on eBay" (Warm Snow Publishers), on how to profitably sell your wares online:

1. A word's spelling impacts an item's profitability. For example, the word 'handmade,' spelled as one word, was part of 2,233 auction titles with an average closing price of $16.29. However, auction titles that included 'hand made' as two words were found in 1,358 listings, but with an average auction closing price higher, at $27.81, or $11.52 more profit per item.

2. Go to eBay.com and find the search box. Type in the word or phrase that describes your art or craft item. Then scroll down the links on the left side of the page and click on the link for "completed items." Here, you'll be able to see the demand for this type of product. Do searches for your items every two to three weeksto chart buying patterns.

3. Find out how much people are willing to pay for your wares. Click on the link that says "highest price." This will give you a list of completed auctions from highest priced items to lowest priced ones. You want to know what people are willing to pay for items like yours. If you can't make and sell your product for a profit, eBay might not be your marketplace.

4. Determine how much money you'll make on your product. To determine your profitability, use the cost of your materials plus the cost of your labor plus the cost of your selling price, which should be the minimum price to recover your expenses. If it takes you eight hours to make a piece of jewelry and the highest priced similar item sells on eBay for $26, you won't make a profit.

5. Look at the elements of successful sellers of products that are similar to yours. Examine their winning auction titles. Observe how much detail they use to describe their item. See if the seller used any of eBay's special features such as gallery photos or a bold, featured listing. Evaluate the starting price, starting day of the week, and duration of winning auctions.

For more tips on how to sell your craft items on eBay, consult a resource book like "Sell Your Crafts on eBay," by James Dillehay. It offers-more than 200 easy-to-learn tactics and tips that help sell art, craft and theme-related items for a profit on eBay and on other online auction Web sites.

James Dillehay is a 20 year crafts veteran and nationally recognized expert on craft business. Author of eight books, his articles have helped readers of Family Circle, Better Homes & Gardens, Country Almanac, Working Mothers, The Crafts Report, Sunshine Artist, and many other magazines. For more information, see http://www.craftmarketer.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


CNN

Michael Jackson's famous moonwalk shoes are going up for auction ...
CNN
The black loafers that Michael Jackson used to perform his signature moonwalk for the first time on stage are going up for auction.
Michael Jackson's famous moonwalk shoes are going up for auctionfox2now.com

all 9 news articles »


Central Bank of Iraq Auctions $186511150 on 22 April 2018
Iraqi News
Baghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on April 22 registered $186,511,150 in sales, a 0.60% volume increase from the US $185,400,055 sold by Iraqi Dinar, credit and transfer at the previous auction held on April 19 ...



New York Post

Mickey Mantle baseball card sells for $2.8 million at auction
New York Post
A mint-condition Mickey Mantle baseball card sold for $2.88 million — the heftiest price ever paid at auction for a post-World War II card and the second-most paid for any baseball card. The card was sold Thursday by former NFL offensive lineman Evan ...
1952 Topps Mickey Mantle baseball card fetches record $2.88 million at auctionWFTV Orlando
1952 Mickey Mantle card by Topps sells for near-record $2.88MESPN
1952 Topps Mickey Mantle #311 PSA Mint 9.. ... Baseball | Lot #80477 | Heritage Auctions - Heritage Auctions - SportsHeritage Auctions - Sports
AP News -NFL Football Players
all 79 news articles »


AL.com

TVA auctions 900 acres of Muscle Shoals Reservation | AL.com
AL.com
TVA will be maintaining a presence at the reservation, including workspace for about 500 employees.

and more »


New York Times

Auction Houses for Comics and Coins, Too - The New York Times
New York Times
The headlines in the auction world tend to involve Christie's, Sotheby's and Phillips, 18th-century businesses with English roots that routinely provide record prices, historic consignments and single-owner sales with famous names attached. But as ...

and more »


Deutsche Welle

James Bond actor Daniel Craig auctions Aston Martin for New York ...
Deutsche Welle
Not shaken but stirred by thoughts of doing good, actor Daniel Craig has auctioned his very special Aston Martin Vanquish. Only 100 of Aston Martin's centenary model were made, and the Bond actor was given the 007th.

and more »


Times Record

Harvest Time Academy mystery dinner fundraiser to incorporate music, auctions, food
Times Record
Area residents and visitors will have their chance to catch an art-loving "thief" in Fort Smith, and the safe, fun-filled opportunity will happen in just a few days. Harvest Time Academy will host its inaugural mystery dinner fundraiser at 7 p.m ...



Barron's

Phillips' Spring Watch Auctions Features Jaw-Dropping Daytonas ...
Barron's
The spring watch auction season is kicking off with a bang on May 12 at Geneva's Hôtel La Réserve with an expertly curated sale of noteworthy Rolex Cosmograph Daytonas by Phillips in Association with Bacs & Russo. The firm sold Paul Newman's personal ...

and more »


Martha Stewart Studio Props Auction May 5 - 6, 2018 at Kaminski ...
Benzinga
Kaminski Auction proudly presents a collection of the studio props and furniture from The Martha Stewart Show. Studio props from her years of television on Martha will be auctioned off by Kaminski Auctions of Beverly, Massachusetts on May 5-6 starting ...

and more »


5-Year TIPS Auctions With A Real Yield Of 0.631%, Highest In ...
Seeking Alpha
The after-inflation yield was the highest for any 4- to 5-year TIPS auction since October 2009. The coupon rate was set at 0.625%, the first time any TIPS of this term has had a coupon rate higher than 0.125% since April 2010. The inflation breakeven ...

and more »

Google News

home | site map
© 2006