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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 effort on 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 and the 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

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RELATED AUCTION INFORMATION ARTICLES: Doing It eBay: An eBay Business Means Fun and Profits in a Global Marketplace In 1995, when Pierre Omidyar introduced an online business venue that was essentially a virtual garage sale with auction pricing, no one knew a retailing revolution was about to occur. That site became known as eBay, and it's hard to find someone today who hasn't at least heard about the popular online auction company. Importing Products to Sell on eBay The interesting thing about online buyers is they are extremely price sensitive. A survey done by Forrester Research shows that 73 percent of surveyed online buyers expect prices on the Internet to be cheaper than in stores. eBay: No Way? Yes Way (Ten Seller Themes) Hearing that there are more than 1.2 million registered eBay users, that more than 25,000 members make five figure income as full time eBay entrepreneurs, and that more than 250,000 part timers make several thousand dollars a year of supplementary income from eBay enterprises would make anyone comment in disbelief with, "No Way". Why eBay Is The Best Place To Make Your First $1000 Online I'd like to begin with a question - and I'll bet the answer is going to surprise you (it sure did surprise me!).Q. Taxing Your eBay Profits As a small business person-slash-advice columnist I dread the first quarter of the new year. Not because in my mind my own business fortunes start at zero again every January or because I have already dismissed every New Year's resolution I made when the clock rang out the New Year. USP on eBay If you have dabbled at all in the world of Internet marketing, you may have heard the term "unique selling proposition" or USP. USP is a technique that Internet marketers use to set themselves apart from the competition. How to Sell Your Crafts on eBay 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. eBay: Don't Believe All the Hype Three billion dollars (that's billion with a "B") in revenues, 135 million users, millionaires all over the place at eBay! Yeah, eBaby!!!, to steal a line form another great author. (See "eBay: No Way? Yes Way (Ten Seller Themes) by Barbara Snyder M. The Number 1 Biggest Secret to Selling on eBay eBay is a Tool. Target Potential Bidders With Laser Beam Precision! When a potential bidder (customer) is looking at a specific auction you have listed, you can safely gamble that they are interested in that particular item. Now, if you have several things that are similar to that one item the person is looking at, it would be a good idea to let them know that you have other similar items listed. What To Do After Your eBay Auction Closes So your auction closes. Now what?Hopefully you made a sale or several sales. When You Need Extra Cash eBay Fits the Bill We all have items in our closets and stuffed in drawers that we no longer have a use for. Some of us use our free time to manufacture craft items that we give to our friends and families for gifts, and still others of us buy candles and other items in bulk to sell to family and co workers for a little extra cash. Used Cars For Sale On eBay There are thousands of used cars for sale on eBay every single day. In fact, eBay Motors is the most profitable sales division on eBay and naturally there are many entrepreneurs who are interested in jumping into this market. Rent A Coder & Other Service Auctions You may be in the market for a new website. Perhaps you may be looking for a new logo or a database constructed for yourself or a small business. Authentic or Fake? 1. Admit It: Old business models are no longer working. Start Selling On eBay - Getting Started On The Right Foot You've started your own eBay business and, even though it's part time right now, you know it's going to become a huge success. You are able to see the day when you can set your own hours, set your own dress code and call your own shots. Increase your eBay Profits the Easy Way Sometimes the simplest things can boost the number of visitors and bids to your auction listings and increase your eBay profits.Robert G. eBay Online Auction Sniping Secrets Since their introduction several years ago, online auctions, such as eBay, have been one of the hottest destinations on the World Wide Web. Auction sellers are attracted by the prospect of a broad venue for their products and the possibility of high profits resulting from emotion-driven bidding wars. Shipping Supplies For Your eBay Auction Business Auction supplies are clearly an expense and major consideration for an eBay auction business. Of course, the most critical supply is the item you are selling, but mailing supplies are necessary for every auction and their cost and supply must be figured into your overhead. 5 Secrets To Make A Killing on eBay Secret #1: Find a 'real' wholesale and drop ship company. Do you know what one of the biggest problem is to be successful on eBay? 'What should I sell"? I can tell you, I get many emails per day from eBay sellers, asking me what they can sell. Let me explain this more in detail.

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