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eBay The Mega Marketplace For Everyone
eBay is one of the world's largest market places with over 35 million visitors per day. That first sentence is worth repeating because I want you to realize that eBay gives you the ability to reach a customer base of millions and millions of people which is beneficial to you. Say Goodbye to garage sales and hello to eBay. You don't have to become a major power-seller or wholesaler to take advantage of eBay and what this mega marketplace can do for you. All you need is a computer with Internet access so you can setup auctions for all that stuff laying around the house you've been wanting to get rid of by selling it or giving it away, so why not eBay it? eBay auction VS garage sale First lets talk about garage sales. Holding a garage sale consists of getting all of your items ready to sell and placing them on display in front of your house or on your driveway for neighbors and lookers to purchase. You or someone you know and trust needs to be physically present at all times to sell the items as your front yard has now become a small storefront. In other words you have to sit at home all day after getting everything together and promoting your garage sale which is a lot of work especially considering what you can accomplish with less time and efforton eBay. Time & Money Just about everybody is looking to save time and money which is exactly what eBay does for you. eBay is a much larger market and can attract many more potential buyers than a garage sale can. The very reason that there are more potential buyers creates more of a demand for your product, toy or whatever you are trying to sell. eBay commands more dollar for your product than a garage sale for this very reason. eBay also saves you time because once you have setup your auction it does most of the work for you. You don't have to be present to sell the item, you don't have to be home to get paid electronically and you don't have to be there for somebody to see your auction because your potential buyers can look at your item for sale from the convenience of their own computer which saves you precious time. eBay also gives you the ability to accept different payment methods such as PayPal, money order, check or cash it is up to you what payment methods you wish to accept. Garage sales simply do not offer this sort of flexibility with time and money. Quick tips Shipping can be a hard one to get used to - so make sure that you either A. get a postal scale (about $20 at Office Depot) or B. have the post office weigh the packages before you list. Take it from me because I have lost so much money on shipping because I would just 'guesstimate' and that simply does not work. I would recommend always making the buyer purchase Insurance and tracking. I had an issue where a customer said she never got her package and I didn't insure it. We decided to wait a couple of weeks then figure it out, she actually wanted me to refund everything to her, which I didn't feel was fair but was willing to do it because I believe in customer satisfaction. Fortunately the package finally showed up after three and half weeks (and I sent it Priority Mail). You want to only send to the buyers address if it is registered with eBay. A couple of years ago a gentlemen contacted me to buy a $250 wireless antenna, he said he was traveling and asked me to send it to his satellite office. He paid me through PayPal, I always thought that was safe and would automatically include coverage. Two months went by and then all of the sudden Paypal took $250 out of our account without warning or explanation, when we called them they said that one of our eBay transactions was fraudulent! It turns out the man used a stolen credit card, PayPal told us we were out of luck since we did not send to his confirmed address. Lesson learned. Always state the terms of your auctions, it is good to come up with your terms to use at the end of every auction that states your policies, if you combine shipping, the payment methods you accept, etc. Also, think of a refund policy. I give a full refund, or for instance my sister-in-law gives purchase amount back but not shipping, those sort of policies are up to you as a seller. I use Turbo Lister, a free software program, that makes it so much easier to get multiple auctions setup simultaneously. If you do it directly from eBay it seems like it takes forever to enter each one. Turbo Lister is a free download and is available in Seller Tools at eBay. A way to save money; I always use the free template from eBay. It's not really anything fancy. You can choose to get those cute little borders and clipart on each auction but it costs more money. It's proven that ultimately it doesn't matter to people, they want what you are selling. Your first picture is free after that they are .15 cents for additional ones. So I always try, when possible, to use only one picture. Sometimes if it is a big clothing lot or a large dollar item I will only use more pictures. I also make sure to try and write a great description so potential buyers know what they are getting and are excited for their purchase. Something that works; I will sometimes utilize the 'Buy It Now' features (they cost extra) but I put the BIN price higher than I would normally expect to get and when somebody really wants an item, they would rather pay the higher price than risk missing the auction end without winning the item. There are many times where this has benefited both myself and the buy it now bidder. If you are doing a local pickup or have special instructions for your auction make sure you include those instructions ALL OVER your auctions. The mistake I made one time was only putting local pickup only on just the shipping description andthe winning bidder did not notice that. Now I plaster special instructions like that everywhere. Remember that people love fast shipping so when you do sell try to ship the item out as soon as possible after auction ending. Your customers will love fast shipping. I also include a note thanking them and sometimes I include a bonus item. That's just some of the fun and benefits of selling on eBay. Lori Osenbaugh sells on eBay in addition to being a licensed Realtor and Pampered Chef Consultant. You can custom search for Colorado homes at PreferredDenverHomes or search Lori's Pampered Chef Online
MORE RESOURCES: Long-Lost Klimt Painting Sells for $37 Million at Auction The New York Times Treasures From the Titanic Are Up for Auction, Exciting Collectors The New York Times Ukraine Auctions Off $200M Russian Yacht The Maritime Executive BloodHorse MarketWatch: Classic Contenders at Auction BloodHorse.com Friends of the Baxter County Library Auctions ongoing until Tuesday Mountain Home Observer Portsmouth, NH moves to auction off three seized downtown properties Seacoastonline.com Infamous Gangster Al Capone's Gun To Be Auctioned Daily Caller Auction house opens for business in Utica The Central New York Business Journal Real Estate Quarterly: Auctions On the Rise Los Angeles Business Journal ‘Real Housewives of New York City’ star’s Manhattan townhouse up for auction at $7.5M PIX11 New York News A lost guitar that belonged to John Lennon is going up for auction in NYC. Here's where to see it. CBS News Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons The Wall Street Journal Pantera Buys Discounted SOL in FTX Auction Crypto Times Twice the fun with Roncalli Pierside Auction Fox11online.com Stack's Bowers Galleries to Hold Islamic and Central Asian Focused Collectors Choice Online Auction Greysheet Daily News Sonja Morgan is auctioning her NYC townhouse after 11 years spent on and off the market New York Post 2002 Ford Thunderbird With Just 54 Miles Up For Auction Ford Authority A Castle Built for a Carnegie Will Sell at Auction Mansion Global Cantwell Releases Draft Legislation to Restore FCC Auction Authority, Fund ACP, Rip and Replace BroadbandBreakfast.com ViaBTC auctions 'epic sat' after mining Bitcoin's halving block and holding back rewards - The Block Youth First holds 22nd Annual Passport to Adventure auction 14 News WFIE Evansville Portrait by Gustav Klimt sells for $32m at Vienna auction Al Jazeera English Important Handwritten Issac Newton Manuscript on Alchemy to Auction Fine Books & Collections Magazine Al Capone's “Sweetheart” Colt .45 Pistol Announced for Auction by Richmond Auctions Chronicle-Tribune Woman’s car stolen twice, sold by police at auction WREG NewsChannel 3 US unveils plan for up to 12 offshore wind auctions by 2028 Renewables Now Muhammad Ali’s former lawyer auctions off hundreds of items signed by ‘The Greatest’ KTLA Los Angeles 46th Media Auction Magoffin County Rescue Squad Salyersville Independent Al Capone's "Sweetheart" Colt .45 Pistol Announced for Auction by Richmond Auctions StreetInsider.com Britain Auction | World | hjnews.com The Herald Journal Britain Auction | World | hjnews.com The Herald Journal U.S. Treasury auctions off $44 billion of the seven year notes at a high yield of 4.716% - ForexLive Long-lost portrait by Gustav Klimt fetches EUR 30 million at Viennese auction Prestige Online Malaysia Britain Auction | World | reflector.com The Daily Reflector Britain Auction | World | reflector.com The Daily Reflector Downtown Tucson high-rise building set to be auctioned Arizona Daily Star John Lennon’s ‘Help!’ Guitar Headed to Auction After Spending the Last 50 Years in an Attic Rolling Stone US sets plan for 12 offshore wind auctions over five years 1470 & 100.3 WMBD Kentucky Department of Fish and Wildlife Resources to hold spring surplus item auction May 6 in Frankfort - NKyTribune User-generated content Landmark Two-Part Auction Realises a Combined Total of £2269276 wineindustryadvisor.com Roncalli Pierside Auction turns 40 in 2024. It will be John Jagemann's last as emcee after 39 years. Herald Times Reporter |
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