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Net Auctions and Auction Information |
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How To Increase eBay Profits
Some sell on eBay to clean out their garage or attic.Some sell to make a little extra money here and there. Butfor some, eBay represents a chance to create a secondincome or start a home business. Product choice isimportant. But to really increase profit you must know how toincrease the number and amount of bids per item. An eBayseller must maximize each product's profit margin. Thisarticle describes techniques to make as much profit aspossible. 1. Sell like products at the same time. Bidders look tosee what else you have for sale they might be interestedin. Combined shipping saves postage for the buyer. Packingin the same box saves time and packing costs for the seller. 2. Bundle a less desirable item with a more desirable item increases sales. This is an old offline auction technique.If the bidder wants the better item he has to buy both. Iftwo sellers offer the same item, the buyer bids on the twoitem auction. Bundling two low cost items together alsoincreases bids. A buyer may not be willing to pay shippingfor one item, but would for two. 3. Remember seasonal issues. Don't sell snow skis in July,water skis in January. Be sure to offer seasonal itemsearly enough to allow for shipping. Don't expect to sellmany Christmas items that must be shipped during the secondweek of December. 4. Understand profit margins. Don't buy to resell foronly a $5 profit when you can make $20 on a different item.Determine your desired monthly income and choose productsappropriately. Want to make 1000 a month? That is $250 aweek. That's ten successful actions at $25.00 profit, orfive items at $200 a month, or ten items at $100 each. Alsopacking 10 items takes less time than packing 20 items.Always consider time as a cost. 5. Don't forget back end sales and secondary products.Offer similar products during the payment process or onyour auction store/web site. If you sell underground fencesfor dogs, an up-sell item is a customized collar. Asecondary product could be a pet door. Another secondaryproduct could be a ebook on "Travel Safely With Your Pet".A back-end sale to the ebook could be a item that helpsyour family travel safely with your pet. 6. The List - For many successful online sellers themailing list is where their money is made. Using aautoresponder, sellers automatically email customers ontheir list at regular intervals. Including content withannouncements of upcoming sales increases back end sales.Once a customer buys, they are more likely to buy againfrom same person or company. 7. Customer demographics should be considered. Collectorshave expectations non-collectors don't. Example, some bookbuyers that are allergic like to see "book from non-smokinghome" in ad. This would earn you a higher bid. What doesthe customer expect to see in a description? 8. Auction terms and conditions should be included witheach auction. What shipping options are available? Do youtake questions? Do you ship only certain days? What kind ofpayments do you take? Type whatever standard terms youoffer in a word processor and cut and paste into yourauctions. This saves time. For some sellers, typing thecontent for each auction is one of the most time consumingtasks. Profit involves keeping costs reasonably low and creatinghigher bids. We've described some techniques for increasingprofit. Sit down and mentally run through the process of auctionselling and come up with some of your own ideas.EBay is a great business opportunity but like any business, sellers must be wise in their product choice and sales techniques. Author info: L. C. Peterson is a writer and web marketingconsultant. Her sites include http://www.new2auctions.com, http://www.LCPeterson.com, and http://www.publishingebooks.com. For more information on online marketing, content and ebook creation and online auctions take a look.
MORE RESOURCES: GWS Auctions Reps Say Priscilla Presley Had 'Very Clear' Recollections of Elvis Memorabilia - PEOPLE Three years later, the Sheriff’s Office resumes auctions for 1,000-plus tax-delinquent properties The Philadelphia Inquirer Miura Mania at the 2024 Monterey Auctions Hagerty Media Mecum Auctions continue at the Farm Show Complex in Harrisburg WGAL Susquehanna Valley Pa. Mansfield Memorial Museum plans online auctions as it restructures to all-military museum Mansfield News Journal Las Vegas judge allows O.J. Simpson estate to auction off memorabilia KLAS - 8 News Now Nicolls and Auctions 2 Oil City Derrick The Auction Place LLC holds ribbon cutting ceremony SalemNews.net NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790892 ttownmedia.com Iconic TriBeCa Penthouse Goes To Auction: Concierge Auctions Presents A New York City Treasure Travel And Tour World Show and sale: 4-H'ers present their animals at annual Genesee County Fair auction The Daily News Online Auction of controversial African art collection in Houston again halted by 11th-hour court filing Houston Public Media From Heisman Trophy to SUV, O.J. Simpson property auction approved to pay off civil claims Los Angeles Times NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790895 Leader Publications NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790902 Carroll Daily Times Herald NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790892 NBC Right Now Selected Western livestock auctions Capital Press NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790899 NonStop Local Billings Mesa County Fair livestock auction surpasses $1 million Grand Junction Daily Sentinel Sold! Susquehanna Valley man is one of the top auctioneers in the country WGAL Susquehanna Valley Pa. TRF Holds 'Stallions for Second Chances Halter Auction' Thoroughbred Daily News NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790898 NonStop Local Billings OJ Simpson's items can go up for auction, judge rules Fox 5 Las Vegas TRF Announces Stallions for Second Chances Auction BloodHorse.com Some Elvis Collectibles Recently Sold at Auction Could Be Fake, Graceland Execs Allege - Robb Report VIDEO | Raucous bidding at Washington County Fair Jr. Livestock Auction washingtoncountyinsider.com NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790899 Starved Rock Media NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790891 NonStop Local Billings Kevin Spacey's condo in Baltimore sold after auction WBAL TV Baltimore Whole Lotta Land ~ McGuffin donates lot for Super Auction Citizentribune Stunning Three-Story TriBeCa, New York City Penthouse Heading to Auction via Concierge Auctions EIN News KIds auction showdown KEZI TV VIDEO | 4-H Silent Auction in the Ziegler Building at Washington County Fair washingtoncountyinsider.com Hermann Historica: Fine Antique and Modern Firearms. Auction results from 10-11-July all4shooters.com Watch Presented To Joe DiMaggio Honoring 61-Game Hitting Streak in 1933 Now at Auction Sports Collectors Daily More defaults, and perhaps auctions, for Mattson-owned properties in Sonoma Valley The Santa Rosa Press Democrat MyRacehorse Launches Online Auction Fund for Aftercare BloodHorse.com Support the future of woodworking at the IWF Silent Auction woodworkingnetwork.com Michael Jackson’s Signed Drawings Set for Auction in Los Angeles Hollywood Reporter Maine Masterpieces & Moxie Memorabilia at Thomaston Place Auction Galleries on August 23-25 PenBayPilot.com Graceland Questions Authenticity of Elvis Presley Memorabilia Sold by Auction House Hollywood Reporter WWE Hall of Famer Ric Flair Reacts to Match-Worn Jungle Robe Being on Sale at Auction Bleacher Report Heartland Motorsports Park says auction canceled, 'pre-auction offer received' The Topeka Capital-Journal Iconic ’80s Billboard Star Angelyne Lists Her Used Undies For Sale In Auction To Fund Her Own Film Daily Caller 4-H Blue Ribbon Livestock Auction Is at Ogle County Fairgrounds Aug. 3 Morning Ag Clips - Poland: RES Auctions Timetable 2024 Clyde & Co Ultra-rare NES Gold Nintendo World Championships cartridge auction sits at $77,000 — one of only 26 ever made Tom's Hardware Selling to the highest bidder: Raleigh mansion with a Russian criminal history Raleigh News & Observer Dover Shoney's restaurant, the last in Ohio, to close and be sold in online auction - Times Reporter Kobe Bryant locker, Maradona jersey up for auction in New York Port Lavaca Wave Freaks movie poster gets over $100,000 at auction JustCollecting News One-off 2025 BMW M5 heads to Monterey Car Week auction Motor Authority Pony Auction proceeds set another record Shore Daily News Want to own a paper machine or bulldozer? Second auction planned for Wisconsin Rapids paper mill. Wisconsin Rapids Tribune |
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