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June 17th, 2010

What’s Your Ebay Reputation Really Worth?

Your eBay reputation is everything you are on eBay - without it, you’re nothing. Your reputation is worth as much as every sale you will ever make.

If you’ve ever bought anything on eBay (and the chances are you have), then think about your own behaviour. Buying from a seller with a low feedback rating makes you feel a little nervous and insecure, while buying from a PowerSeller with their reputation in the thousands doesn’t require any thought or fear - it feels just like buying from a shop.

A Bad Reputation Will Lose You Sales.

In fact, a bad reputation will lose you almost all your sales. If someone leaves you negative feedback, you will feel the pain straight away, as that rating will go right at the top of your user page for everyone to see. Who’s going to want to do business with you when they’ve just read that you “took a month to deliver the item”, or that you had “bad communication and sent a damaged item”? The answer is no-one.

Your next few items will need to be very cheap things, just to push that negative down the page. You might have to spend days or even weeks selling cheap stuff to get enough positive feedback to make anyone deal with you again.

It’s even worse if you consistently let buyers leave negative feedback - once you get below 90% positive ratings, you might as well be invisible.

You Can’t Just Open a New Account.

Besides eBay’s rules about only having one account, there are far more downsides than that to getting a new account. You literally have to start all over again from scratch.

You won’t be able to use all the different eBay features. Your existing customers won’t be able to find you any more. Your auctions will finish at a lower price because of your low feedback rating. Opening a new account is like moving to a new town to get away from a few people who are spreading rumours about you: it’s throwing out the baby with the bathwater.

A Good Reputation Will Get You Sales.

When a PowerSeller tells me something, I tend to believe them. They can be selling a pretty unlikely item, but if they guarantee it is what they say it is, then I trust them - they’re not going to risk their reputation, after all. This is the power of a reputation: people know you want to keep it, and they know you’ll go to almost any lengths to do so.

This is true even to the point that I would sooner buy something for $20 from a seller I know I can trust than for $15 from someone with average feedback. It’s worth the extra money to feel like the seller knows what they’re doing, has all their systems in place and will get me the item quickly and efficiently.

You really will find selling on eBay so much easier, and there’s only way to get a good reputation: make sure you please your customers every time. But some customers can be, well, just a little difficult to please. In the next email, we ask: is the eBay customer always right?

Kirsten Hawkins is an Ebay and internet auction enthusiast from Nashville, TN. Visit www.auctionseller411.com/ for more great tips on how to make the most from Ebay and other online auctions.

Posted by admin as Bids at 9:50 AM CDT

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January 5th, 2010

Payment Methods On Ebay

Gone are the days when only cash (or cattle in some cases) was the only accepted mode of payment for trades. As the concept of trading evolved, so did the means of paying for items.

Today’s electronic world pushes the envelop further. With the advent of online trading systems such as eBay, many new forms of payment have flourished.

First of all, on eBay, the mode of payment depends on the agreement between the buyer and the seller. Most often, the seller will specify his or her desired payment method. In these cases, the seller often has primacy in the decisions regarding payment modes. However, the buyer may still communicate with the seller regarding a viable alternative if it suits both parties.

The following is a list of common eBay payment modes.

Cash On Delivery

Cash is, after all, still cash. This payment method can be done through a third party courier system or by the buyer and seller meeting each other at an agreed place. The advantage of a cash transaction is that the exchange of the item for payment is done in the presence of the buyer and the seller (or the seller’s representative). However, some people will not accept the risk present when two strangers meet.

Personal Check

One popular method of payment is personal check. Writing checks is easy and safe. However, many sellers do not like accepting check because they are easy to cancel.

PayPal

PayPal is the payment of choice on eBay. In fact, eBay owns PayPal.

Using PayPal is easy, convenient, and relatively safe. PayPal acts as like an internet ‘wire transfer.’

After signing-up for PayPal, one may send cash to anyone with an email address using the PayPal system. PayPal also has security features that safeguard against fraud in case there is a dispute between the seller and the buyer. This system is best for transactions up to $1000.

Escrow.com

Escrow.com is the payment of choice for purchases over $500. Escrow.com holds the buyer’s money from the seller until the seller delivers the item. Only then will the funds be released to the seller. This system makes for a very safe, although highly procedural transaction.

Wire Transfer

This is the payment of choice for countries that do not carry the PayPal service. Wire transfers are risky because the buyer usually has to wire over the funds before the seller sends the items. The chance for non-delivery of items is high.

Other Payment Systems

The number of third party payment services is steadily on the rise. Their systems for payment vary. However, to be successful they must be convenient to use and safe as well.

Discover 101 Ebay Auction Tips www.push-button-online-income.com/101ebaytips.zip

Posted by admin as Bids at 11:22 AM CST

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April 26th, 2009

How To Write EBay Auction Descriptions That Get Bids

The first thing you need to do is write an auction title.
This is the most important part of your auction. If your title doesn’t interest anyone no-one will read your ad.

You could have written the most compelling auction description ever written. But unless anyone reads it you’ll get no sales.

All professional ad writers agree that the title is 9x more important than the ad itself. Before you read a newspaper article, what’s the first thing you read?

That’s right. The headlines. Only when a headline interests you will you attempt to read the actual article.

The most effective way of coming up with the best title.
The best way is follow the 100-1 rule. First write 100 titles then pick the best one. Why?

Professional writers do this because 100 seems to exhaust all possible titles. You’ll find when you’ve finished that the best one jumps off the page at you.

Try it! It works. It takes time but nothing comes without effort. And the results will outweigh the work.

There is however a better way that I stumbled across. This method is used by one of the most successful writers on the web.

He simple asks a special question that just gets headlines flooding from your fingers. I must say, it works like magic. He always gets his headline in less than 5 minutes. And what’s more, always gets amazing results. Everytime!

Sorry I’m not going to reveal that question here, because I’ve included it in my best-selling ebook about ad writing. And it would result in less sales, because that would be one of the main reasons people are buying it. Amongst others.

How to write the auction description.
Your description is the part that needs to get the person to place a bid. So you better make sure it’s persuasive.

Just about everyone reads the first paragraph. If this doesn’t grab em, then they’ll quickly leave and look for other auctions.

The best first paragraph is always the one that grabs the imagination. When they read it they should see themselves with your item. A bit like the car salesman who gets you to sit in the vehicle.

Hopefully you’ve done a good job of that so now they begin reading the rest of your ad.

People want to see the benefits of owning your item. So you need to show all the benefits of having your offering.

You also need to present the benefits in a certain way. The best way I’ve found for presentation is shown in my book. It always gets the best response whenever I do this in my auctions.

If possible you should always use a photo. When people see what your offering they’re much more happy to buy.

So to summarise…

Get the auction title right. This is the most important part by far.

Use a powerful opening paragraph.

Present all the benefits of your item.

If possible use photos.

Copyright 2005 Ian Stables All rights reserved.

ABOUT THE AUTHOR: Ian Stables shows eBay sellers the best ways to get extra bids to their auctions in his ebook “The 37 Effective eBay Ad Writing Secrets. http://ebayadsecrets.tripod.com/

Posted by admin as Bids at 9:04 AM CDT

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November 29th, 2008

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. While it is true that anyone can sell, to be successful, you need to know the inside secrets.

One woman made over $250,000 last year on items sold on eBay. She is just one out of thousands and thousands of people that make a ton of money just selling merchandise.

Are you ready to learn how to be an eBay seller? You will find it to be easy, fun, and exciting. Here are some of the things that you need to know to get started.

Just eBay

Although there are several other quality auction websites, eBay is by far the most popular and most successful. Although you could start using all the other sites, by spreading yourself out too thin you take the risk of getting things mixed up. In reality, it is better to use eBay and focus your attention and efforts on this one site. You will not be disappointed.

Look Around

Navigate through each section to familiarize yourself with all the different pages. You will find a site map and help tab, which are very useful tools. It will take a little time to get used to the site but start by looking. As you start selling, navigating will become much easier.

Terms & Conditions

You will run into all types of buyers that try to move past the terms and conditions provided by eBay. Know the Terms & Conditions inside and out and if you have problems, contact eBay immediately. A few examples of the insider secrets are listed below:

* Bid Shielding - Two buyers work together. One person bids high to protect a low bid place by the other person. Right before the auction closes, the high bidder cancels, meaning the low bidder gets your items for a huge bargain.

* Bid Shilling - This is where the seller actually uses a separate ID set up to inflate the number and price of the bid.

* Deadbeat Bidder - The deadbeat bidder bids on your auction and then simply fails to pay.

* Sniping - A “sniper” is a bidder that waits until there are only minutes or seconds left on an item and then quickly bids just a little higher to get the items. Although not against the T&C’s, it is considered unprofessional and limits competing bidders from driving a high price.

Excluded Items

Although eBay accepts just about every type of item, there are a few exclusions such as explosions, corrosive material, etc. Before you go through the entire process of listing your items, make sure you are not listing something forbidden by checking out the do’s and don’ts listed on eBay.

Competitor Analysis

Just like any other business, you need to know what your competitors are doing. This will help you make the best possible decision when it comes to your own auction. Before listing your items, do a search for the same type items to see what their descriptions looks like. Find different aspects from different sellers and use them to form one comprehensive site for yourself.

Community Boards

Pay attention to the community boards provided by eBay. They offer valuable information and helpful tips that can ultimately save you time and effort.

Category Guide

Use eBay’s Category Guide, which is a helpful tool to ensure you place your auction items in the appropriate category.

When to List

The time of day you list your auction is important. The start time will be the same as the end time, which is why it is so important. If you want your auction to end at 10:00 p.m. on a Sunday night, you need to have the auction start at 10:00 p.m. For this reason, be sure to set the start time accordingly.

Do your Homework

In addition to researching what other people are selling similar items for, you need to conduct your own research outside of eBay as well to determine the going rate for your items. As an example, if you are selling artwork, jewelry, or collectibles, you need to state in your description the going price. Although you may or may not get that price from the buyer, it shows buyers that you have done your homework and will stand a little more firm in your price. It also tells buyers that they are getting quality for a good price.

When it comes to selling on eBay, the door of opportunity stands wide open. Opportunity is what you decide to make of it. As mentioned in the beginning, people literally buy and sell just about everything on eBay. For this reason, do not think that items you have would not be of interest to anyone because more than likely, they will be.

Lewis Leake helps people make money from home. His
website at GrowNetProfits.com contains tools, resources, articles, newsletters, product reviews and traffic builders to help you make money from your home based business. Click here to get additional Online Auction articles.

Posted by admin as Bids at 10:27 PM CST

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November 23rd, 2008

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Posted by admin as Bids, Jewelry Musings, Universe Of Products at 6:52 PM CST

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