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Artists, craftspeople and photographers are successfully selling their wares everyday on the online auction site, eBay. According to a recent analysis of eBay sales, a crafts-related item is sold every nine seconds, a scrapbook item is sold every minute, and 40 cross-stitch items sell in an hour on eBay. Sales of craft items on eBay have grown almost 60 percent in the past year, according to TheBidFloor.com.
But, at the same time, many would be sellers are listing their pieces for sale on auctions and getting no bids, concluding that eBay just doesn't work.
Here are some tips from James Dillehay, craft artist, eBay seller and author of the new book, "Sell Your Crafts on eBay" (Warm Snow Publishers), on how to profitably sell your wares online:
1. A word's spelling impacts an item's profitability. For example, the word 'handmade,' spelled as one word, was part of 2,233 auction titles with an average closing price of $16.29. However, auction titles that included 'hand made' as two words were found in 1,358 listings, but with an average auction closing price higher, at $27.81, or $11.52 more profit per item.
2. Go to eBay and find the search box. Type in the word or phrase that describes your art or craft item. Then scroll down the links on the left side of the page and click on the link for "completed items." Here, you'll be able to see the demand for this type of product. Do searches for your items every two to three weeks to chart buying patterns.
3. Find out how much people are willing to pay for your wares. Click on the link that says "highest price." This will give you a list of completed auctions from highest priced items to lowest priced ones. You want to know what people are willing to pay for items like yours. If you can't make and sell your product for a profit, eBay might not be your marketplace.
4. Determine how much money you'll make on your product. To determine your profitability, use the cost of your materials plus the cost of your labor plus the cost of your selling price, which should be the minimum price to recover your expenses. If it takes you eight hours to make a piece of jewelry and the highest priced similar item sells on eBay for $26, you won't make a profit.
5. Look at the elements of successful sellers of products that are similar to yours. Examine their winning auction titles. Observe how much detail they use to describe their item. See if the seller used any of eBay's special features such as gallery photos or a bold, featured listing. Evaluate the starting price, starting day of the week, and duration of winning auctions.
For more tips on how to sell your craft items on eBay, consult a resource book like "Sell Your Crafts on eBay," by James Dillehay. It offers-more than 200 easy-to-learn tactics and tips that help sell art, craft and theme-related items for a profit on eBay and on other online auction Web sites.
James Dillehay is a 20 year crafts veteran and nationally recognized expert on craft business. Author of eight books, his articles have helped readers of Family Circle, Better Homes & Gardens, Country Almanac, Working Mothers, The Crafts Report, Sunshine Artist, and many other magazines. For more information, see http://www.craftmarketer.com
New Holland Agriculture Auctions Off Survivor Tractor to Original Owner to Continue Legacy of Raising Cancer ...
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New Holland ended its two-year-long Survivor Tractor campaign the way it began: with an auction raising awareness and money for cancer research. A fully restored 1939 tractor, the Survivor Tractor was auctioned off for $8,000 to Mr. Joseph “Bubby ...
Rajasthan Royals clarify reason behind Jaydev Unadkat release ahead of IPL 2019 Auctions
2008 Indian Premier League (IPL) champion Rajasthan Royals on Thursday (November 15) announced their list of players retained by them and players released ahead of the impending IPL 2019 auctions slated to be held in mid-December in Goa. While the ...
India's Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining
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KOLKATA (miningweekly.com) – With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant ...
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Shakib retained, Fizz released ahead of IPL auctions
The Daily Star
He was one of the bargain buys of the 2018 edition of the tournament and Sunrisers Hyderabad had acquired his services after a bidding war with Rajsthan Royals during the previous IPL auctions. He contributed to getting his team to the final with meaningful ...
Delhi Daredevils: Players retained, released, current squad, purse remaining ahead of IPL 2019 auctions
After buying Gautam Gambhir at IPL 2018 auctions and then naming him as the captain, Delhi Daredevils released the left-hander along with several other cricketers ahead of IPL 2019 auctions. Gambhir, who guided Kolkata Knight Riders (KKR) to two IPL ...
Famous 'Fallen Madonna With The Big Boobies' painting from 1980s comedy 'Allo 'Allo comes to auction in Bristol
A version of the painting was presented to the Marquess of Bath by the BBC for his help with an event relating to the series and it has been on show at Longleat House in Wiltshire. But East Bristol Auctions' auctioneer Andrew Stowe said that although ...
Sharon Tate's sister explains why she's giving away star's iconic wedding dress: 'It's hard to let go'
The 66-year-old is putting up many of her famous sibling's prized possessions for auction with the help of Los Angeles-based Julien's Auctions. Some of the items from Tate's estate include the silk mini wedding dress she wore for her marriage to ...
Kolkata Knight Riders: Players retained, released, current squad, purse balance ahead of IPL 2019 auctions
Kolkata Knight Riders (KKR) have always been one of the most loved and consistent teams in the Indian Premier League (IPL). The two-time champions have never failed to provide a perfect balance between good cricket and entertainment. KKR's core group ...
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Edgworth family homes offered in online auction by SDL Auctions
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Cottages that were formerly part of the historic Crowthorn School are being offered in an online auction by SDL Auctions, in partnership with agents Miller Metcalfe. Crowthorn School, near Bolton, was opened in 1872 as a children's home, at one point ...
Artist Pays £561k For Banksy Artwork Just So He Can Whitewash It
English has decided to buy the artwork at the auction in LA on Wednesday so that he can paint over it, saying that street art 'shouldn't be bought and sold'. Darren Julien of Julien's Auctions said the painting sold for almost $600,000 plus the buyers ...
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