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How To Cut Your eBay Fees By More Than 90%
Now, are you ready for the REAL TRUTH about selling on
eBay?
It's simple; don't list too many items for sale using their
auction format. Instead, set up one of their stores. The cost
starts at just $9.99 per month.
Why is this a good idea?
Let's do the math:
If you list an item for sale using the auction format, the
cost is anywhere from $.35 on up to several dollars PER AUCTION.
What's worse is that the auctions are only good for 3, 5, 7, or
10 days.
BETTER WAY: Sell the item in your eBay store. The listing
price is just 2 or 3 cents per item...and get this...They're good
for a FULL 30 days! For example, I recently sold a $500 item that
I listed in my eBay store. The listing cost me a whopping 3
cents! The same item, if I'd sold it using the auction format,
would have cost me several dollars!
Using eBay's Auction format to list 500 items at a minimum of
$.35 each = $175.00 (and these are only good for 7 days each so
you'd have to list them 4 times each per month) $175 x 4 =
$700.00
List the same 500 items in your eBay store @ just $.03 each =
$15 + the $9.99 monthly store fee = $24.99 and they are listed
for a full 30 days each!
You save $675.01 per month! HOLY SMOKES!
I'm sure you can clearly see the benefit here. Of course you
will want to sell a few CHEAP items using the auction format to
try to generate interest & drive customers to your eBay store
where they will buy MORE from you. Make sure every auction
listing contains a link to your eBay store & TELL THE
CUSTOMER TO VISIT YOUR STORE. Sell 10 or so of your 3 or 4 or 5
dollar items as auctions...just enough to get some traffic to
your store.
Now, what is it that the REALLY successful PowerSellers
do?
They maximize the "back-end" sale.
What this means to you is that once a customer has bought from
you, the hard part is over. Now having done business with you,
they TRUST you to deliver the goods. You MUST & I REPEAT,
MUST try to get that customer to buy again & again.
Never, ever, send a package to a customer without including a
sales flyer, catalog or some other special offer in the package
to try to entice them to make another purchase. Email them a
special offer every week or so.
You NEED repeat customers. Going after the lone, one-time sale
is a losing battle. You will not be successful unless you get
them to buy again & again & do this with every person you
deal with.
Send a thank-you note via postal mail or eMail to every
customer & use that opportunity to SELL THEM SOMETHING
ELSE.
Another tip:
Sell CONSUMABLE items. You know, stuff that people need to
order fairly often. Like socks, t-shirts, work gloves, food
items, towels & linens, printer ink cartridges, sell shipping
materials to other eBay sellers. You will get REPEAT orders from
these customers for months and even years to come.
Mike Nalbone is the creator of "The Wholesale Detective"
http://www.nalbone.org/detective/
which is a complete resource for people seeking to utilize drop
shipping to start or expand their own business.
 MORE RESOURCES updated Sat. July / 31 / 2010
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RELATED AUCTION INFORMATION ARTICLES:
How To Profit Using
eBays Saved Search Feature
Did you know that eBay will help you locate products you
can buy cheap, then flip for a quick profit? No? Then
listen up, because I am about to let you in on a little
known feature of eBay that can literally stuff wads of cash
in your wallet in less than 24 hours.This is an eBay tool
that I use every day to locate products that I can buy and
resell or buy cheap and keep for myself and my family.
eBay and Dropshipping -
A Perfect Fit!
eBay and Dropshipping go together like a hand in a glove.
As you read this article, right now, thousands of eBayers
are running there own auction business.
Snipe Your Way to
Auction Success
Bidding for a bargain is all part of the exciting eBay
experience. But what can really disappoint is when you're
all set to win that fantastic, gold plated gizmo and
someone else just beats your bid in the very last minute.
An eBay Computer
Purchase
An eBay purchase that turned sour.A story of fraud, deceit,
and broken promises.
Mr. Rich vs. Mr. Job:
How to Start a Dropship Business on eBay
Mr. Asset vs.
5 Ways to Drive Traffic
Away from Your eBay Auction
eBay is a one-stop solution to any one who wants to make
money online. Whether you just selling a few unwanted items
from around your house or your want to develop a work from
home business, eBay removes many of the obstacles for you.
The Ins and Outs of
Dropshipping on eBay
Dropshipping is an attractive marketing technique, but when
you take it to eBay it becomes a real phenomenon. There are
tens of thousands of people running dropshipping business
as you are reading this article.
The Drop Shipping
Business
You have suddenly found the perfect business and you are
all geared up to make lots of money. You have see the ads
about Drop shipping and it sounds great.
eBay is the Greatest
Opportunity YOU Have to Create a Career Online
eBay's being spoken about everywhere these days. At work,
school, down the pub.
eBay Auction Sellers
Guide to Finding Hot Money Making Products
You might be one of the thousands of individuals who open a
trading account with eBay and dream about making auction
selling a full-time home-based business.However, before
that dream can become a reality, you need to do many
important things while running an auction business.
Bananas - Your Source of
eBay Packing Materials!
This is the most boring stage of the process and
subsequently where some eBay sellers let themselves down.
If the buyer receives their purchase poorly packed and
broken then they are not going to be happy and will want a
refund and more importantly never buy off you again which
will have negated all the hard work that you put into the
previous stages of your professional auction listing.
7 Steps to Easier eBay
Shipping
If you're like me, you probably hate packing and shipping
the things you sell on eBay.Don't get me wrong, I love
selling on eBay.
Fed Up With
eBay?
For many people, their first experience of working online
involves selling products on eBay. This was how I got
started back in 1998 and I know countless other people that
have done the same.
When is Wholesale Really
Wholesale
You've finally found the wholesale source for the high
demand widget that is selling like hotcakes on the
Internet. Thoughts of watching the money pouring in and
celebrating the new found success selling widgets has you
so excited that you can't wait to buy 5 widgets at
wholesale and double the investment.
What eBay Can Teach Us
About Success
I flew back to New York from Atlanta a few weeks ago and
picked up 'Business 2.0' magazine for the flight.
eBays Hot Selling Books,
Find Out Which Books Sell & How To Find
Them
Selling books on eBay can be a very lucrative business!
There are eBayers who sell only books and make a nice
little income doing it. Where do they get these books to
sell? At thrift stores, estate sales, flea markets, book
fairs, yard sales, library sales, grandmas attic, etc.
Start an Easy Home
Business: Become an eBay Trading Assistant
eBay's online auctions have created business opportunities
for thousands of people. Now the Trading Assistant program
is making it easier than ever to start a business from
home.
Four Reasons Why You
Should NEVER Use Animations In Your eBay
Auctions
Inexperienced auction sellers, or those lacking in
confidence, often want to make their auction listings more
dramatic and exciting. They dread the possibility that
buyers will be bored by their auction and turn away with
indifference.
Internet Auction Sites :
Find Good Deals on Almost Anything
You can find good deals on almost everything you need on
internet auction sites. There is almost nothing that you
can't find over the internet.
Low Cost, High Profit
Dream Products To Sell on eBay and Amazon
Finding quality products to sell is the key to continuing
success. Keeping a pipeline of low cost, fast moving items
to sell is also a must.
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