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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". But the correct response to this is, "Yes, way." In fact, it has also been reported that the number one eBay entrepreneur makes over a million dollars a year. As Austin Powers would say, "Yeah, Baby." Or should we say, "E-Baby."

So what's the deal with eBay, anyway? There is a lot more to it than one would think. It can be simple for an occasional buyer, but it gets increasing complex as users/sellers become more entrenched at deeper levels of use. Here are 10 key ideas or themes for sellers to consider about this phenomenon called "eBay".

1. What 's for sale? While some sellers are out scavengering the garage sales and their own garages, others are purchasing quantities of items wholesale to put up for auction. One would think that the right product is of paramount consideration, and most sellers agree that the unusual or the hard to find is the best bet. However, this is not always true either. Timing, meaning the right person at the right time seeing your item, is where it is at. You have to be visible and be out there with a clear message or product that seems like a steal, or at least reasonably priced. With the thousands and thousands of items for sale, there is no shortage of competition. However, the good thing is that there are a lot of buyers out there that should enable the sale of just about anything.

2. Communication and descriptive details about your product is a key in getting noticed. The description of your item and the pictures to display it will get the buyer's attention. If a person is a serious seller, having an adequate digital camera is a must. Again, photos are extremely important.

3. The well written detailed description to accompany the item is of great benefit. Being open and honest about the item will demonstrate integrity as a seller and will keep people coming back. Being available to answer questions for prospective buyers and remembering to be courteous and helpful follows along with the never-to-be forgotten premise of "the customer is always right."

4. With customer feedback being a key element in the ratings statistics that will promote you or haunt you during your eBay career, it is important for a seller to be professional and kindly in all business dealings. People like and appreciate personal attention. Take the time to give it. Being positive, accommodating and helpful is a winning combination for good customer relations.

5. Shipping information and how you present it can win over a customer because they notice when a buyer is tying to take advantage and ask an unreasonable amount for shipping. Of course, a seller must take into account time spent, the handling charge, when pricing the shipping. Time is money, and a seller should be compensated for all aspects of the service that is provided.

6. Some advice about setting up your auction items would be to consider having your item run seven days with an end of bidding time somewhere between 7 PM and 9 PM on a Sunday night. That seems to be the consensus amongst the top sellers. There has been much dialog on just how to increase the amount and number of bids, but there are too many variables to consider. Suffice to say, it really does depend on the product itself (and what the condition and competition is our there).

7. Some of the most unique aspects of selling have to do with the seasonal items that permeate the auction block at certain times of the year. If a seller wants to work year-round, he or she will have to broaden the horizon by finding seasonal items for all seasons. Yes, you can sell Christmas items and move right into Valentines Day and Easter and so on. Why not? These are what people are looking for.

8. One controversial topic is drop shipping. If a seller is getting a product from a third party, drop shipping is a convenient way for the seller to deliver the product. It keeps them out of it. However, that means that a back ordered item could result in a poor rating for the seller because the item was delayed. Most buyers picture the item in the hands of the seller and expect to receive it within a few days. The pros and cons of this arrangement need to be carefully considered.

9. Now to the fun part. How do you get the money? More and more people are using PayPal. It is quick, efficient and simple. A seller can make other arrangements and accept a check or money order, but the wave of the future is setting up an account with PayPal. In addition, setting up an online account with the United States Postal Service will also save countless hours in the lines at the post office. Work smarter, not harder, etc., etc.

10. A seller can look at other things to sell besides a physical product or item. Many are getting into self publishing or offering a service. Some expanding entrepreneurs are opening up a consignment shop situation, which helps those who want to sell but "don't do computers." The possibilities are unlimited.

Selling products and services from a home-based business can be an exciting, and hopefully profitable, situation. Go into it with a solid plan based on accurate information and with the knowledge that it is going to be hard work, just like any other job.

For more on eBay selling and using online auctions visit the How To Sell On eBay Resource Page located at http://www.sbmag.org.

Copyright usage: No permission is needed to reproduce this story. The About the Author statement with hot links must remain in tact. Request for reciprocal links will be considered. mailto:barb@sbmag.org.

About the Author
Barbara Snyder is a retired California Distinguished School Principal and Coordinator For Human Resources. She has a master's degree in Curriculum and Instruction. She holds elementary education, secondary, community college, and administrative credentials. She is currently the publisher of http://EducationResourcesNetwork.com, co-publisher of Strictly Business Magazine, http://www.sbmag.org.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Sun. July / 05 / 2020

Schools earn $50K in auction | News, Sports, Jobs - Warren Tribune Chronicle
Schools earn $50K in auction | News, Sports, Jobs  Warren Tribune Chronicle

Santa Monica's Pacific Dining Car Auctions Assets as Restaurant Shuts Down - Hollywood Reporter
Santa Monica's Pacific Dining Car Auctions Assets as Restaurant Shuts Down  Hollywood Reporter

Noble Auctions' latest spread is a feast for Porsche lovers - Classic Driver
Noble Auctions' latest spread is a feast for Porsche lovers  Classic Driver

Phillips Brings Back Live Watch Auctions With Geneva Auction: XI - Barron's
Phillips Brings Back Live Watch Auctions With Geneva Auction: XI  Barron's

Austin, Texas, Mansion With Three Elevators and an Art Gallery Heads to Auction With No Reserve - Mansion Global
Austin, Texas, Mansion With Three Elevators and an Art Gallery Heads to Auction With No Reserve  Mansion Global

Nigerian Central Bank Devalues Naira by 5.3% at Currency Auction - Bloomberg
Nigerian Central Bank Devalues Naira by 5.3% at Currency Auction  Bloomberg

Mecum's Indy auction cleared to go live July 10-18 - The ClassicCars.com Journal
Mecum's Indy auction cleared to go live July 10-18  The ClassicCars.com Journal

28-Carat D-Color Diamond Sets Online Auction Record Of $2.1 Million - Forbes
28-Carat D-Color Diamond Sets Online Auction Record Of $2.1 Million  Forbes

Sodinokibi gang begins dark web celebrity data auctions - ComputerWeekly.com
Sodinokibi gang begins dark web celebrity data auctions  ComputerWeekly.com

Former Pittsburgh Pirates Owner to Auction 63-Acre Estate - Mansion Global
Former Pittsburgh Pirates Owner to Auction 63-Acre Estate  Mansion Global

Treasury Dept. Announces Details Of Long-Term Securities Auctions - Nasdaq
Treasury Dept. Announces Details Of Long-Term Securities Auctions  Nasdaq

Emerging Artists Smash Estimates at Phillips Auction - Barron's
Emerging Artists Smash Estimates at Phillips Auction  Barron's

An Original Boxed Copy Of Super Mario Bros. Is Up For Auction - Bleeding Cool News
An Original Boxed Copy Of Super Mario Bros. Is Up For Auction  Bleeding Cool News

Phillips Geneva $31 Million Watch Auction Breaks World Records - Forbes
Phillips Geneva $31 Million Watch Auction Breaks World Records  Forbes

LeBron James Rookie Card Tops Seven Figures At Auction - BET
LeBron James Rookie Card Tops Seven Figures At Auction  BET

Art Auction or Game Show? Sotheby’s Tries Something New - The New York Times
Art Auction or Game Show? Sotheby’s Tries Something New  The New York Times

Household.HiBid.com: A Dedicated Site for Auctions Featuring Furniture, Housewares & Other Household Goods - Yahoo Finance
Household.HiBid.com: A Dedicated Site for Auctions Featuring Furniture, Housewares & Other Household Goods  Yahoo Finance

Live Jewelry Auctions To Return, But Online Sales Will Persist - pymnts.com
Live Jewelry Auctions To Return, But Online Sales Will Persist  pymnts.com

Lidl brand clothing auctions for 10x list price after viral frenzy - The Brussels Times
Lidl brand clothing auctions for 10x list price after viral frenzy  The Brussels Times

Mint-Grade Tropical Mega Battle Zapdos Pokémon Card On Auction - Bleeding Cool News
Mint-Grade Tropical Mega Battle Zapdos Pokémon Card On Auction  Bleeding Cool News

Disputed African Artifacts Sell at Auction - The New York Times
Disputed African Artifacts Sell at Auction  The New York Times

Long Prairie Area Auction • Saturday, July 11th | Auctions - ECM Publishers
Long Prairie Area Auction • Saturday, July 11th | Auctions  ECM Publishers

Auctions offer companies a reliable way to liquidate assets - Smart Business Network
Auctions offer companies a reliable way to liquidate assets  Smart Business Network

Score a deal on the upcoming FCC Bid & Buy Online Auction | The Globe - The Globe
Score a deal on the upcoming FCC Bid & Buy Online Auction | The Globe  The Globe

Pie auction returns to Seneca - KoamNewsNow.com
Pie auction returns to Seneca  KoamNewsNow.com

Iconic Kurt Cobain guitar becomes most expensive sold at auction - Guinness World Records
Iconic Kurt Cobain guitar becomes most expensive sold at auction  Guinness World Records

Kurt Cobain’s ‘MTV Unplugged’ Guitar Sells for $6 Million at Auction - Rolling Stone
Kurt Cobain’s ‘MTV Unplugged’ Guitar Sells for $6 Million at Auction  Rolling Stone

PDMA to auction more T-bills next week | Kathimerini - www.ekathimerini.com
PDMA to auction more T-bills next week | Kathimerini  www.ekathimerini.com

Final bids due for McClatchy bankruptcy auction - New York Post
Final bids due for McClatchy bankruptcy auction  New York Post

Auto-auction firm proposes new use for site of Atco Dragway - Burlington County Times
Auto-auction firm proposes new use for site of Atco Dragway  Burlington County Times

Keanu Reeves auctions himself off for a Zoom date, plus more proof stars are nothing like us | Gallery - Wonderwall
Keanu Reeves auctions himself off for a Zoom date, plus more proof stars are nothing like us | Gallery  Wonderwall

Lightning to celebrate Pride Month with auctions, mystery pucks - Official site of the Tampa Bay Lightning
Lightning to celebrate Pride Month with auctions, mystery pucks  Official site of the Tampa Bay Lightning

Prestige automobile auctions resume in Monaco - Malay Mail
Prestige automobile auctions resume in Monaco  Malay Mail

Extremely Rare Grade 9 Mint Kangaskhan Pokémon Card Up For Auction - Bleeding Cool News
Extremely Rare Grade 9 Mint Kangaskhan Pokémon Card Up For Auction  Bleeding Cool News

Nearly $28M in Assets Sold Through HiBid.com Last Week; Coins, Office Supplies & More for Sale in Upcoming Auctions - PRNewswire
Nearly $28M in Assets Sold Through HiBid.com Last Week; Coins, Office Supplies & More for Sale in Upcoming Auctions  PRNewswire

Unseen Picasso portrait of lover and muse to appear at auction - The Guardian
Unseen Picasso portrait of lover and muse to appear at auction  The Guardian

LIT complex draws a blank in 3rd auction - The Tribune India
LIT complex draws a blank in 3rd auction  The Tribune India

Gross value of auto auction unit sales climbs above $111 billion in 2019 - Auto Remarketing
Gross value of auto auction unit sales climbs above $111 billion in 2019  Auto Remarketing

Iconic Austin Tex-Mex Chain Trudy’s Goes Up for Auction - Eater Austin
Iconic Austin Tex-Mex Chain Trudy’s Goes Up for Auction  Eater Austin

Salamonie Mills locations up for auction, Agland Grain claims hearing date announced - WANE
Salamonie Mills locations up for auction, Agland Grain claims hearing date announced  WANE

1982 CART Road America winner at auction to benefit MSHFA - RACER
1982 CART Road America winner at auction to benefit MSHFA  RACER

Historic music memorabilia auction boasts ultra-rare artifacts - FOX 32 Chicago
Historic music memorabilia auction boasts ultra-rare artifacts  FOX 32 Chicago

J. Martin Auction, LLC accused of violating executive order at end of May - FingerLakes1.com
J. Martin Auction, LLC accused of violating executive order at end of May  FingerLakes1.com

‘Fore’ a good cause: Virtual golf-themed auction raises $40,000 for education non-profit - Houston Chronicle
‘Fore’ a good cause: Virtual golf-themed auction raises $40,000 for education non-profit  Houston Chronicle

Foundation fights auction by so-called Hawaiian princess - Hawaii Tribune-Herald (subscription)
Foundation fights auction by so-called Hawaiian princess  Hawaii Tribune-Herald (subscription)

Memorabilia, décor and more from Home of the Brave up for auction - Pacific Business News (Honolulu)
Memorabilia, décor and more from Home of the Brave up for auction  Pacific Business News (Honolulu)

Sotheby’s Art Auction Breaks Records - National Review
Sotheby’s Art Auction Breaks Records  National Review

Wirecard debt that facilitated SoftBank investment put up for auction - Reuters
Wirecard debt that facilitated SoftBank investment put up for auction  Reuters

Open Roads online auction is added to RM Sotheby's summer catalog - The ClassicCars.com Journal
Open Roads online auction is added to RM Sotheby's summer catalog  The ClassicCars.com Journal

Merchant's Ice Tower on Logan Street has sold after years of staying vacant - WHAS11.com
Merchant's Ice Tower on Logan Street has sold after years of staying vacant  WHAS11.com

Manheim Auctions Reopening Select Locations to In-Lane Bidding - http://cbtnews.com/
Manheim Auctions Reopening Select Locations to In-Lane Bidding  http://cbtnews.com/

Woodward Livestock auction results | Livestock Markets | hpj.com - High Plains Journal
Woodward Livestock auction results | Livestock Markets | hpj.com  High Plains Journal

Mary's Gourmet Diner auctions off artwork, gives proceeds to another struggling restaurant - WXII12 Winston-Salem
Mary's Gourmet Diner auctions off artwork, gives proceeds to another struggling restaurant  WXII12 Winston-Salem

Mecum's Gone Farmin' auction hits 95 percent sell-through - The ClassicCars.com Journal
Mecum's Gone Farmin' auction hits 95 percent sell-through  The ClassicCars.com Journal

HiBid.com Reports Record Auction Total and Over $32M in Assets Sold Last Week; Coins, Restaurant Equipment & More for Sale in Current Auctions - Yahoo Finance
HiBid.com Reports Record Auction Total and Over $32M in Assets Sold Last Week; Coins, Restaurant Equipment & More for Sale in Current Auctions  Yahoo Finance

Holdingford Area Auction • Sunday, July 12th | Auctions - ECM Publishers
Holdingford Area Auction • Sunday, July 12th | Auctions  ECM Publishers

Schlumberger puts 21 surplus properties on the auction block - Houston Business Journal
Schlumberger puts 21 surplus properties on the auction block  Houston Business Journal

Long Island mansion to hit auction block with $1M discount - New York Post
Long Island mansion to hit auction block with $1M discount  New York Post

Youth Arts Foundation seeking artists for virtual art auction - Paso Robles Daily News
Youth Arts Foundation seeking artists for virtual art auction  Paso Robles Daily News

Albany Area Auction • Sunday, July 12th | Auctions - ECM Publishers
Albany Area Auction • Sunday, July 12th | Auctions  ECM Publishers

Museum Of Photographic Arts To Host Vendor Auction - Patch.com
Museum Of Photographic Arts To Host Vendor Auction  Patch.com

Dalhart cattle auction results | Livestock Markets | hpj.com - High Plains Journal
Dalhart cattle auction results | Livestock Markets | hpj.com  High Plains Journal

Art Auction Supporting Journalism - Rockland - Camden - Knox - Courier-Gazette - Camden Herald - Courier-Gazette & Camden Herald
Art Auction Supporting Journalism - Rockland - Camden - Knox - Courier-Gazette - Camden Herald  Courier-Gazette & Camden Herald

Auction Report: Antiquorum Sets Three New Rolex World Records - HODINKEE
Auction Report: Antiquorum Sets Three New Rolex World Records  HODINKEE

Britain and India's Bharti win auction for OneWeb satellite company - Reuters
Britain and India's Bharti win auction for OneWeb satellite company  Reuters

Swine, Goats, Cows Ready For Bidders At Virtual Mother Lode Fair Auction - MyMotherLode.com
Swine, Goats, Cows Ready For Bidders At Virtual Mother Lode Fair Auction  MyMotherLode.com

Paramount Triggers UCC Auction on Kushner's Times Square Retail Condo - Commercial Observer
Paramount Triggers UCC Auction on Kushner's Times Square Retail Condo  Commercial Observer

Cars.HiBid.com Is HiBid's Auction Portal for Exotic Cars, Late Model Trucks & Other Vehicles - Yahoo Finance
Cars.HiBid.com Is HiBid's Auction Portal for Exotic Cars, Late Model Trucks & Other Vehicles  Yahoo Finance

Who Was the Best-Selling Artist at Auction Worldwide in May? There’s a Clear Winner—by a Long Shot - artnet News
Who Was the Best-Selling Artist at Auction Worldwide in May? There’s a Clear Winner—by a Long Shot  artnet News

Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud - CoinDesk - CoinDesk
Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud - CoinDesk  CoinDesk

Apache cattle auction summary | Livestock Markets | hpj.com - High Plains Journal
Apache cattle auction summary | Livestock Markets | hpj.com  High Plains Journal

Ransomware Gang Auctions Off US Healthcare Data for Bitcoin - Cointelegraph
Ransomware Gang Auctions Off US Healthcare Data for Bitcoin  Cointelegraph

Auction House’s New HQ Serves Out-of-Town Clients - GlobeSt.com
Auction House’s New HQ Serves Out-of-Town Clients  GlobeSt.com

Legend to offer top early dollars at fall Las Vegas auction - Coin World
Legend to offer top early dollars at fall Las Vegas auction  Coin World

People are bidding online for million-dollar cars -- without seeing them in person - CNN
People are bidding online for million-dollar cars -- without seeing them in person  CNN

These Are the Most Valued Auction Items to Go Under the Hammer - Prestige Online
These Are the Most Valued Auction Items to Go Under the Hammer  Prestige Online

Auction of Income Store's Lancaster office contents begins to recoup money for victims of $100M fraud - LancasterOnline
Auction of Income Store's Lancaster office contents begins to recoup money for victims of $100M fraud  LancasterOnline

CBRS auction creates challenges, opportunities for utility companies - Urgent Communications
CBRS auction creates challenges, opportunities for utility companies  Urgent Communications

Rocky Point Fire & EMS host fundraising auction online - Klamath Falls News
Rocky Point Fire & EMS host fundraising auction online  Klamath Falls News

Berkeley County surplus auction set for Aug. 22 | West Virginia - Herald-Mail Media
Berkeley County surplus auction set for Aug. 22 | West Virginia  Herald-Mail Media

Big 3-day car auction coming to Osceola Heritage Park in August - WKMG News 6 & ClickOrlando
Big 3-day car auction coming to Osceola Heritage Park in August  WKMG News 6 & ClickOrlando

Some of Abigail Kawananakoa’s items are going up for auction. That’s raising concerns - Hawaii News Now
Some of Abigail Kawananakoa’s items are going up for auction. That’s raising concerns  Hawaii News Now

Ultra-Rare LeBron James Card Hits Auction Block, Expected To Sell For $1 MILLION - TMZ
Ultra-Rare LeBron James Card Hits Auction Block, Expected To Sell For $1 MILLION  TMZ

Preliminary clearance rate improves while fewer homes taken to auction - Elite Agent
Preliminary clearance rate improves while fewer homes taken to auction  Elite Agent

Positive virus test halts auction site in Halifax County - YourGV.com
Positive virus test halts auction site in Halifax County  YourGV.com

Here’s Your Guide to the Top Lots in the First-Ever Hybrid Marquee Summer Auctions, Taking Place Simultaneously In-Person and Online - artnet News
Here’s Your Guide to the Top Lots in the First-Ever Hybrid Marquee Summer Auctions, Taking Place Simultaneously In-Person and Online  artnet News

2020 Killin Online Auction (Live and Silent) - goeags.com
2020 Killin Online Auction (Live and Silent)  goeags.com

Over $5 Million Realized in Stack's Bowers June 2020 Santa Ana Auction - CoinWeek
Over $5 Million Realized in Stack's Bowers June 2020 Santa Ana Auction  CoinWeek

Iconic Prince Guitar, Once Considered Lost, Sold For Over $500,000 At Auction - CBS Pittsburgh
Iconic Prince Guitar, Once Considered Lost, Sold For Over $500,000 At Auction  CBS Pittsburgh

An Entire Fleet of Abandoned Duck Tour Boats Is Now Going to Auction - The Drive
An Entire Fleet of Abandoned Duck Tour Boats Is Now Going to Auction  The Drive

Sotheby’s to Auction Late Financier Felix Rohatyn’s Art Collection - The Wall Street Journal
Sotheby’s to Auction Late Financier Felix Rohatyn’s Art Collection  The Wall Street Journal

Kutztown Folk Festival quilt auction continues online through Monday - Reading Eagle
Kutztown Folk Festival quilt auction continues online through Monday  Reading Eagle

Spring-A-Pet Auction happening through Sunday - WITN
Spring-A-Pet Auction happening through Sunday  WITN

A Benin Bronze With Fishy Provenance Goes to Auction - Hyperallergic
A Benin Bronze With Fishy Provenance Goes to Auction  Hyperallergic

Nigeria weakens naira at retail FX auction in a move to align rates - Reuters Africa
Nigeria weakens naira at retail FX auction in a move to align rates  Reuters Africa

A Virginia city finally removed its 800-pound slave auction block after years of deliberation - CNN
A Virginia city finally removed its 800-pound slave auction block after years of deliberation  CNN

‘I’m Willing to Be the Guinea Pig’: Why Famed Auction Dynamo Loïc Gouzer Raced to Get Out an Experimental Art-Sales App in a Very Risky Climate - artnet News
‘I’m Willing to Be the Guinea Pig’: Why Famed Auction Dynamo Loïc Gouzer Raced to Get Out an Experimental Art-Sales App in a Very Risky Climate  artnet News

Sotheby’s experiments with live-streaming its art sales - The Economist
Sotheby’s experiments with live-streaming its art sales  The Economist

Sotheby's to Auction Off Unseen Portrait of Picasso's Lover and Muse - HYPEBEAST
Sotheby's to Auction Off Unseen Portrait of Picasso's Lover and Muse  HYPEBEAST

Rare Connor McDavid rookie card sells for $135,811 at auction - ESPN
Rare Connor McDavid rookie card sells for $135,811 at auction  ESPN

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