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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. But for some, eBay represents a chance to create a second income or start a home business. Product choice is important. But to really increase profit you must know how to increase the number and amount of bids per item. An eBay seller must maximize each product's profit margin. This article describes techniques to make as much profit as possible.

1. Sell like products at the same time. Bidders look to see what else you have for sale they might be interested in. Combined shipping saves postage for the buyer. Packing in 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. If two sellers offer the same item, the buyer bids on the two item auction. Bundling two low cost items together also increases bids. A buyer may not be willing to pay shipping for 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 items early enough to allow for shipping. Don't expect to sell many Christmas items that must be shipped during the second week of December.

4. Understand profit margins. Don't buy to resell for only a $5 profit when you can make $20 on a different item. Determine your desired monthly income and choose products appropriately. Want to make 1000 a month? That is $250 a week. That's ten successful actions at $25.00 profit, or five items at $200 a month, or ten items at $100 each. Also packing 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 on your auction store/web site. If you sell underground fences for dogs, an up-sell item is a customized collar. A secondary product could be a pet door. Another secondary product could be a ebook on "Travel Safely With Your Pet". A back-end sale to the ebook could be a item that helps your family travel safely with your pet.

6. The List - For many successful online sellers the mailing list is where their money is made. Using a auto responder, sellers automatically email customers on their list at regular intervals. Including content with announcements of upcoming sales increases back end sales. Once a customer buys, they are more likely to buy again from same person or company.

7. Customer demographics should be considered. Collectors have expectations non-collectors don't. Example, some book buyers that are allergic like to see "book from non-smoking home" in ad. This would earn you a higher bid. What does the customer expect to see in a description?

8. Auction terms and conditions should be included with each auction. What shipping options are available? Do you take questions? Do you ship only certain days? What kind of payments do you take? Type whatever standard terms you offer in a word processor and cut and paste into your auctions. This saves time. For some sellers, typing the content for each auction is one of the most time consuming tasks.

Profit involves keeping costs reasonably low and creating higher bids. We've described some techniques for increasing profit. Sit down and mentally run through the process of auction selling 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 marketing consultant. 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.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Sun. September / 20 / 2020

SPIETH & SATOW AUCTIONS, INC. | Ads | thenewsherald.com - Southgate News Herald
SPIETH & SATOW AUCTIONS, INC. | Ads | thenewsherald.com  Southgate News Herald

Bidding in first of 2 online auctions for confiscated hunting, fishing equipment open, ends Saturday - KSTP
Bidding in first of 2 online auctions for confiscated hunting, fishing equipment open, ends Saturday  KSTP

Relics from Michael Jordan's Bulls Tenure Up For Auction - radio.com
Relics from Michael Jordan's Bulls Tenure Up For Auction  radio.com

First of two online auctions for confiscated hunting, fishing gear closes Saturday - International Falls Journal
First of two online auctions for confiscated hunting, fishing gear closes Saturday  International Falls Journal

Carpet, rug and textile auctions – the Fall 2020 - JOZAN
Carpet, rug and textile auctions – the Fall 2020  JOZAN

Samuels home in Rockport up for auction, listed for $8.75M - fortworthbusiness.com
Samuels home in Rockport up for auction, listed for $8.75M  fortworthbusiness.com

Selected Western livestock auctions | Livestock Auctions | capitalpress.com - Capital Press
Selected Western livestock auctions | Livestock Auctions | capitalpress.com  Capital Press

Auction Prices That Take Your Breath Away - The New York Times
Auction Prices That Take Your Breath Away  The New York Times

Brazil to end biodiesel auctions, permit imports - Argus Media
Brazil to end biodiesel auctions, permit imports  Argus Media

AUCTIONS BY SCHACKMANN - Ad from 2020-09-19 | Office Services | jg-tc.com - Journal Gazette and Times-Courier
AUCTIONS BY SCHACKMANN - Ad from 2020-09-19 | Office Services | jg-tc.com  Journal Gazette and Times-Courier

Hundreds of items sold at Biloxi auction - WLOX
Hundreds of items sold at Biloxi auction  WLOX

MacMurray will auction off art collection - Alton Telegraph
MacMurray will auction off art collection  Alton Telegraph

City of Biloxi putting on an auction - WXXV News 25
City of Biloxi putting on an auction  WXXV News 25

Kelleher's Oct. 7 auction offers Central and South America - Linn's Stamp News
Kelleher's Oct. 7 auction offers Central and South America  Linn's Stamp News

Over 800 items avaliable at Biloxi auction behind Fire Station #7 - WLOX
Over 800 items avaliable at Biloxi auction behind Fire Station #7  WLOX

Warren County Conservation Auction Today - KNIA / KRLS Radio
Warren County Conservation Auction Today  KNIA / KRLS Radio

Christie’s to Put Tyrannosaurus Rex Skeleton Up for Auction - Voice of America
Christie’s to Put Tyrannosaurus Rex Skeleton Up for Auction  Voice of America

Livestock auctions | News | cadillacnews.com - Cadillac News
Livestock auctions | News | cadillacnews.com  Cadillac News

Sonic puts its 'cherished' ice up for auction, gets bids above $300 - Fox News
Sonic puts its 'cherished' ice up for auction, gets bids above $300  Fox News

State Fleet Vehicle Auction set online Wednesday | State - Bismarck Tribune
State Fleet Vehicle Auction set online Wednesday | State  Bismarck Tribune

Online auction raising money for Autism Speaks - WTOC
Online auction raising money for Autism Speaks  WTOC

234 Classic Cars Featured in the Biggest Ever Classic Car Auction - Sports Car Digest
234 Classic Cars Featured in the Biggest Ever Classic Car Auction  Sports Car Digest

Nashville: An Auction for ACM Lifting Lives Covid 19 Response Fund | Charity Auction - Christie's
Nashville: An Auction for ACM Lifting Lives Covid 19 Response Fund | Charity Auction  Christie's

State's popular surplus equipment auction goes online - ABC 36 News - WTVQ
State's popular surplus equipment auction goes online - ABC 36 News  WTVQ

NOTICE OF AUCTION IN ACCORDANCE | Legal Announcements - Maryville Daily Times
NOTICE OF AUCTION IN ACCORDANCE | Legal Announcements  Maryville Daily Times

Arnot Realty president buys 8-acre Ithaca waterfront property for $3.8 million in auction - Ithaca Journal
Arnot Realty president buys 8-acre Ithaca waterfront property for $3.8 million in auction  Ithaca Journal

Legendary Dodgers broadcaster Vin Scully on the current state of baseball and his plan to auction off mementos - CNN
Legendary Dodgers broadcaster Vin Scully on the current state of baseball and his plan to auction off mementos  CNN

Annual Auction Of Vehicles Abandoned At Pittsburgh International Airport Goes Virtual - CBS Pittsburgh
Annual Auction Of Vehicles Abandoned At Pittsburgh International Airport Goes Virtual  CBS Pittsburgh

Wyoming Elk Antler Auction Goes Online Due to Coronavirus - Kgab
Wyoming Elk Antler Auction Goes Online Due to Coronavirus  Kgab

Market Analysis: 1894-S Barber dime leads bidding at Heritage auction of Simpson Collection - Coin World
Market Analysis: 1894-S Barber dime leads bidding at Heritage auction of Simpson Collection  Coin World

Retro-Styled 2020 Chevy Tahoe Sells For Big Bucks At Mecum Auctions - GM Authority
Retro-Styled 2020 Chevy Tahoe Sells For Big Bucks At Mecum Auctions  GM Authority

Tourney auction raises $29K for scholarships, dredging | Around Town | carolinacoastonline.com - Carolinacoastonline
Tourney auction raises $29K for scholarships, dredging | Around Town | carolinacoastonline.com  Carolinacoastonline

STORAGE AUCTIONS - Columbia Star
STORAGE AUCTIONS  Columbia Star

Rotary Auction heads into final night; grill crew selling the last Boston butts - Hoptown Chronicle
Rotary Auction heads into final night; grill crew selling the last Boston butts  Hoptown Chronicle

The Blatant Hypocrisy of the Sotheby’s Hip-Hop Auction - Pitchfork
The Blatant Hypocrisy of the Sotheby’s Hip-Hop Auction  Pitchfork

El Paso County still holding auctions in person, looking for options to make them safer - KFOX El Paso
El Paso County still holding auctions in person, looking for options to make them safer  KFOX El Paso

Charity Auctions to Benefit Comic Stores Struggling Amid COVID-19 - Hollywood Reporter
Charity Auctions to Benefit Comic Stores Struggling Amid COVID-19  Hollywood Reporter

Virtual auction to support Little Britches - The Greater New Milford Spectrum
Virtual auction to support Little Britches  The Greater New Milford Spectrum

T. Rex Skeleton up for Auction for $6-8 Million - Nerdist
T. Rex Skeleton up for Auction for $6-8 Million  Nerdist

Concierge Auctions Announces September/October Global Auction Lineup of $160 Million in Properties—Most No - EIN News
Concierge Auctions Announces September/October Global Auction Lineup of $160 Million in Properties—Most No  EIN News

Unicorn Auctions Offers An Online Whiskey Auction Model To American Consumers - The Whiskey Wash
Unicorn Auctions Offers An Online Whiskey Auction Model To American Consumers  The Whiskey Wash

Assent Aeronautics to auction $20M worth of aircraft out of Love Field - Dallas Business Journal
Assent Aeronautics to auction $20M worth of aircraft out of Love Field  Dallas Business Journal

Digital auto auctions are effective and safer - Automotive News
Digital auto auctions are effective and safer  Automotive News

Honolulu Police Department auctions evidence online - KHON2
Honolulu Police Department auctions evidence online  KHON2

12-carat diamond ring realizes $143,750 in Andrew Jones Auctions' first-ever Fine Jewelry, Watches & - EIN News
12-carat diamond ring realizes $143,750 in Andrew Jones Auctions' first-ever Fine Jewelry, Watches &  EIN News

Calhoun County Fair announces 2020 Junior Livestock Show and Auction changes - Victoria Advocate
Calhoun County Fair announces 2020 Junior Livestock Show and Auction changes  Victoria Advocate

DNR to hold auctions on confiscated hunting, fishing equipment - KSTP
DNR to hold auctions on confiscated hunting, fishing equipment  KSTP

Hardwood floor from Kobe Bryant's final game expected to auction for more than $500,000 - CNN International
Hardwood floor from Kobe Bryant's final game expected to auction for more than $500,000  CNN International

Two DNR auctions of confiscated hunting, fishing equipment set for this fall - Duluth News Tribune
Two DNR auctions of confiscated hunting, fishing equipment set for this fall  Duluth News Tribune

Better Auctions, Better Service, Just Plain Better. | Sponsored Content | lancasteronline.com - LancasterOnline
Better Auctions, Better Service, Just Plain Better. | Sponsored Content | lancasteronline.com  LancasterOnline

DNR sets two confiscated hunting, fishing equipment auctions for this fall - Brainerd Dispatch
DNR sets two confiscated hunting, fishing equipment auctions for this fall  Brainerd Dispatch

Digital auctions no substitute for in-lane - Automotive News
Digital auctions no substitute for in-lane  Automotive News

Real-life 'Pianist' possessions up for auction in Poland - The Jakarta Post - Jakarta Post
Real-life 'Pianist' possessions up for auction in Poland - The Jakarta Post  Jakarta Post

FullBeauty's $41M bid wins Catherines plus brand at auction - Retail Dive
FullBeauty's $41M bid wins Catherines plus brand at auction  Retail Dive

RM Sotheby's Auburn Auction celebrates 50 years of a Labor Day tradition - wpta21.com
RM Sotheby's Auburn Auction celebrates 50 years of a Labor Day tradition  wpta21.com

Artworks by Lichtenstein, Blanchard, Benton and others are in Neue Auctions' Fine Art & Antiques auction, - EIN News
Artworks by Lichtenstein, Blanchard, Benton and others are in Neue Auctions' Fine Art & Antiques auction,  EIN News

Ancient and Modern Gold Coins Highlight Catawiki Auctions - CoinWeek
Ancient and Modern Gold Coins Highlight Catawiki Auctions  CoinWeek

EPAC to host online fundraising auction for theater - Fly Magazine
EPAC to host online fundraising auction for theater  Fly Magazine

HiBid.com Auctions Soared Past $45.3 Million Last Week; Farm Equipment, Coins, Classic Cars & More for Sale Now - PRNewswire
HiBid.com Auctions Soared Past $45.3 Million Last Week; Farm Equipment, Coins, Classic Cars & More for Sale Now  PRNewswire

banksy's rebellious adaptation of claude monet masterpiece up for auction at sotheby's - Designboom
banksy's rebellious adaptation of claude monet masterpiece up for auction at sotheby's  Designboom

Heritage Ball auction now open | Features | williamsonherald.com - williamsonherald.com
Heritage Ball auction now open | Features | williamsonherald.com  williamsonherald.com

4-H Foundation begins online auctions | Local News | starbeacon.com - The Star Beacon
4-H Foundation begins online auctions | Local News | starbeacon.com  The Star Beacon

Steal a masterpiece at The Great Art Heist auction benefiting arts in Dare County - OBXToday.com
Steal a masterpiece at The Great Art Heist auction benefiting arts in Dare County  OBXToday.com

Entertainment 360: Art shows, contests, auctions happening | News - goskagit.com
Entertainment 360: Art shows, contests, auctions happening | News  goskagit.com

Notorious B.I.G.'s $6 plastic crown sells for $594,750 in auction - New York Post
Notorious B.I.G.'s $6 plastic crown sells for $594,750 in auction  New York Post

Manchester Livestock Auction's Last Sale on Friday – Mix 94.7 KMCH - kmch.com
Manchester Livestock Auction's Last Sale on Friday – Mix 94.7 KMCH  kmch.com

Museum of Contemporary Art San Diego’s virtual Art Auction runs Oct. 1-15 - Del Mar Times
Museum of Contemporary Art San Diego’s virtual Art Auction runs Oct. 1-15  Del Mar Times

Nazmiyal's exciting Online Auction of Antique and Vintage Rugs is Poised to Excite Collectors Worldwide! - PRNewswire
Nazmiyal's exciting Online Auction of Antique and Vintage Rugs is Poised to Excite Collectors Worldwide!  PRNewswire

Texas Coast villa of late car dealership icon Allen Samuels up for auction (slideshow) - San Antonio Business Journal
Texas Coast villa of late car dealership icon Allen Samuels up for auction (slideshow)  San Antonio Business Journal

Got Art? Get More, As Pasadena Art Alliance Auction Goes Online, Today – Pasadena Weekendr - Pasadena Now
Got Art? Get More, As Pasadena Art Alliance Auction Goes Online, Today – Pasadena Weekendr  Pasadena Now

Abraham Lincoln's lock of hair sells for more than $81,000 at auction - CNN
Abraham Lincoln's lock of hair sells for more than $81,000 at auction  CNN

A baseball life: Scully auctions items from 67-year career - Fort Worth Business Press
A baseball life: Scully auctions items from 67-year career  Fort Worth Business Press

Colin Kaepernick's rookie NFL jersey could sell for this huge sum at auction - Fox Business
Colin Kaepernick's rookie NFL jersey could sell for this huge sum at auction  Fox Business

Marshall School of Medicine Kicks Off Online Auction for Student Scholarships - HNN Huntingtonnews.net
Marshall School of Medicine Kicks Off Online Auction for Student Scholarships  HNN Huntingtonnews.net

Virtual art auction for foothills fire begins this Sunday - The Bozeman Daily Chronicle
Virtual art auction for foothills fire begins this Sunday  The Bozeman Daily Chronicle

LA’s Century-OId Pacific Dining Car Is Selling Everything at Auction - Eater LA
LA’s Century-OId Pacific Dining Car Is Selling Everything at Auction  Eater LA

Auction.com enables remote bidding on live foreclosure properties - HousingWire
Auction.com enables remote bidding on live foreclosure properties  HousingWire

Auction to help museum that's reopened after months - Bainbridge Island Review
Auction to help museum that's reopened after months  Bainbridge Island Review

T. Boone Pickens' estate and art up for grabs in 2 auctions, one in Dallas - CultureMap Dallas
T. Boone Pickens' estate and art up for grabs in 2 auctions, one in Dallas  CultureMap Dallas

The Changing Face of Distressed Property Auctions - DSNews.com
The Changing Face of Distressed Property Auctions  DSNews.com

High-End Loft Reduced 27 Percent, Going the “Auction” Route - SocketSite
High-End Loft Reduced 27 Percent, Going the “Auction” Route  SocketSite

11th annual Tiger Auction raises nearly $200,000 for FHSU Athletics - hays Post
11th annual Tiger Auction raises nearly $200,000 for FHSU Athletics  hays Post

How to buy a house at auction - MSN Money
How to buy a house at auction  MSN Money

Downtown properties headed to auction after hotel plans are scrapped - Louisville Business First
Downtown properties headed to auction after hotel plans are scrapped  Louisville Business First

60 motorcycles, 600 total vehicles available at state auction - Herald-Mail Media
60 motorcycles, 600 total vehicles available at state auction  Herald-Mail Media

Reverse Auctions will Benefit Rural Americans - The WasteWatcher
Reverse Auctions will Benefit Rural Americans  The WasteWatcher

Bloomsburg Fair livestock auction goes virtual - WNEP Scranton/Wilkes-Barre
Bloomsburg Fair livestock auction goes virtual  WNEP Scranton/Wilkes-Barre

'I had totally forgotten': Autographed Michael Jordan bat rediscovered in car trunk 26 years later - USA TODAY
'I had totally forgotten': Autographed Michael Jordan bat rediscovered in car trunk 26 years later  USA TODAY

RM Auctions sales top $17 million | Thestar - KPCnews.com
RM Auctions sales top $17 million | Thestar  KPCnews.com

Former Aviation Club auction serves up Erie dining lore - GoErie.com
Former Aviation Club auction serves up Erie dining lore  GoErie.com

Carriers in auction mode; spot rates nearly $3/mile on national level - FreightWaves
Carriers in auction mode; spot rates nearly $3/mile on national level  FreightWaves

Cargill Acquires Chinese Soybean Processor in Auction - Agweb Powered by Farm Journal
Cargill Acquires Chinese Soybean Processor in Auction  Agweb Powered by Farm Journal

Catawiki's Exclusive Art & Photography Book Auction is Live | Fine Books & Collections - Fine Books & Collections Magazine
Catawiki's Exclusive Art & Photography Book Auction is Live | Fine Books & Collections  Fine Books & Collections Magazine

NDDOT holding online vehicle auction Sept. 23 | INFORUM - inforum.com
NDDOT holding online vehicle auction Sept. 23 | INFORUM  inforum.com

Arizona Daily Star building sells for more than $3M at auction - Arizona Daily Star
Arizona Daily Star building sells for more than $3M at auction  Arizona Daily Star

Bill Wyman Auction Breaks Records for Highest Selling Bass Guitar, Amplifier - Rolling Stone
Bill Wyman Auction Breaks Records for Highest Selling Bass Guitar, Amplifier  Rolling Stone

Paws for People virtual art auction runs Sept. 28-Oct. 4 - CapeGazette.com
Paws for People virtual art auction runs Sept. 28-Oct. 4  CapeGazette.com

Dogwood Arts hosting mask art auction fundraiser - WATE 6 On Your Side
Dogwood Arts hosting mask art auction fundraiser  WATE 6 On Your Side

Auction buyers relying on condition reports for online sales - Automotive News
Auction buyers relying on condition reports for online sales  Automotive News

State vehicle auction in October will be ‘one of the largest’ ever - PennLive
State vehicle auction in October will be ‘one of the largest’ ever  PennLive

 

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