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How To Cut Your eBay Fees By More Than 90%
Now, are you ready for the REAL TRUTH about selling on eBay? It's simple; don't list too many items for sale using their auction format. Instead, set up one of their stores. The cost starts at just $9.99 per month. Why is this a good idea? Let's do the math: If you list an item for sale using the auction format, the cost is anywhere from $.35 on up to several dollars PER AUCTION. What's worse is that the auctions are only good for 3, 5, 7, or 10 days. BETTER WAY: Sell the item in your eBay store. The listing price is just 2 or 3 cents per item...and get this...They're good for a FULL 30 days! For example, I recently sold a $500 item that I listed in my eBay store. The listing cost me a whopping 3 cents! The same item, if I'd sold it using the auction format, would have cost me several dollars! Using eBay's Auction format to list 500 items at a minimum of $.35 each = $175.00 (and these are only good for 7 days each so you'd have to list them 4 times each per month) $175 x 4 = $700.00 List the same 500 items in your eBay store @ just $.03 each = $15 + the $9.99 monthly store fee = $24.99 and they are listed for a full 30 days each! You save $675.01 per month! HOLY SMOKES! I'm sure you can clearly see the benefit here. Of course you will want to sell a few CHEAP items using the auction format to try to generate interest & drive customers to your eBay store where they will buy MORE from you. Make sure every auction listing contains a link to your eBay store & TELL THE CUSTOMER TO VISIT YOUR STORE. Sell 10 or so of your 3 or 4 or 5 dollar items as auctions...just enough to get some traffic to your store. Now, what is it that the REALLY successful PowerSellers do? They maximize the "back-end" sale. What this means to you is that once a customer has bought from you, the hard part is over. Now having done business with you, they TRUST you to deliver the goods. You MUST & I REPEAT, MUST try to get that customer to buy again & again. Never, ever, send a package to a customer without including a sales flyer, catalog or some other special offer in the package to try to entice them to make another purchase. Email them a special offer every week or so. You NEED repeat customers. Going after the lone, one-time sale is a losing battle. You will not be successful unless you get them to buy again & again & do this with every person you deal with. Send a thank-you note via postal mail or eMail to every customer & use that opportunity to SELL THEM SOMETHING ELSE. Another tip: Sell CONSUMABLE items. You know, stuff that people need to order fairly often. Like socks, t-shirts, work gloves, food items, towels & linens, printer ink cartridges, sell shipping materials to other eBay sellers. You will get REPEAT orders from these customers for months and even years to come. Mike Nalbone is the creator of "The Wholesale Detective" http://www.nalbone.org/detective/ which is a complete resource for people seeking to utilize drop shipping to start or expand their own business.
MORE RESOURCES: Scuba diver finds Barbie in river, viral doll now up for auction WLWT Cincinnati Fashion Can Go for Eye-Popping Prices at Auction. Who's Buying It? The Business of Fashion Karl Lagerfeld’s Paris Apartment Sold at Auction for $10.8 Million The New York Times Elite Auctions offers 6.7-acre property Summit at Silverleaf Daily Independent Men's Volleyball “Excite” Jersey Auction - University of Hawai'i at Manoa Athletics University of Hawaii Athletics This controversial "Titanic" prop has spawned decades of debate — and it just sold for $700,000 CBS News ACV Auctions supporting women leadership Buffalo News 'Titanic' Door Prop That Saved Rose (Sorry, Jack) Sells for $718750 The New York Times NFL Christmas Day Games to Come Up for Auction Front Office Sports Auction notes: Awards from GM Financial & anniversary at America's Auto Auction Charleston Auto Remarketing Ponte Vedra Beach home sells for over $7.5 million in auction ActionNewsJax.com Rare Babe Ruth rookie card from 1916 — once a store freebie — could fetch $500K at auction New York Post NC auctions off abandoned safe deposit boxes WFMYNews2.com Stack's Bowers & Ponterio Offers Eclectic Spring Hong Kong Auction Full of Rarities Greysheet Daily News Iconic 'Titanic' Door Just Sold for $718,750 at Auction My Modern Met Controversial 'Titanic' Prop Door Sells For $700K At Auction The Daily Wire Charlie Russell's The Broken Rope highlights Scottsdale Art Auction | Scottsdale Independent Daily Independent More Outperformance as Treasuries Fret Over Auctions Mortgage News Daily Auction brings more than $7.5 million for Ponte Vedra Beach home | Jax Daily Record Jacksonville Daily Record How you can get Gordie Howe memorabilia in online charity auction Detroit Free Press Young auctioneer continues family legacy – The Daily Texan The Daily Texan Unclaimed property auction scheduled for March 27 CBS Pittsburgh ‘Titanic’ driftwood ‘door’ that saved Rose sells at auction for $700K The Washington Post Iconic 'Titanic' door prop that saved Kate Winslet sells at auction for over $700K The National Desk Central Business District Property Going Up for Auction Biz New Orleans Tomb near Marilyn Monroe, Hugh Hefner up at auction Washington Times Lady Gaga, Amy Winehouse, Martin Luther King Jr.’s Letters to Tony Bennett Being Offered at Auction Variety Artworks stored at taxpayer expense heads to auction block The Houston Landing TMCS purse auction raises funds for Lunch On Us program Miami Valley Today Pickens Auctions Annual Spring 24 Equipment Sale at Payne County Expo Center Visit Stillwater, Oklahoma 'Titanic' floating door prop that saved Rose — but sadly not Jack — auctioned off for startling amount New York Post ‘Never let go': Controversial ‘Titanic' movie prop sells for more than $700,000 at auction - NBC DFW Controversial 'Titanic' door sells for over $700K at auction New York Daily News 2024 fantasy baseball draft sheet: Downloadable auction values and stats for 650 players The Athletic JM Wood Holds Spring 2024 Auction in Montgomery, Alabama : CEG Construction Equipment Guide Wood panel from Titanic fetches more than $700k at Dallas auction The Dallas Morning News Treasury Auction Relief Rally and Month-End Support Mortgage News Daily 'Titanic' door sells for over $700k at auction Entertainment Weekly News Disney concept art, audio-animatronics available for bidding during upcoming auction KTLA Los Angeles Chile launches first transmission auction of 2024 BNamericas English Mixed Performance. Data Hurt. Auction Helped. Little Changed Mortgage News Daily SOLD! 230-acre Iowa century farm brings nearly $4 million at auction Successful Farming Auction Calendar 3-29-24 AgUpdate |
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