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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. December / 10 / 2023

Why Treasury Auctions Have Wall Street on Edge - The Wall Street Journal
Why Treasury Auctions Have Wall Street on Edge  The Wall Street Journal

WPL 2024 Auction Highlights: Annabel Sutherland (Delhi Capitals) and Kashvee Gautam (Gujarat Giants) go for highest bid of 2 crores - The Indian Express
WPL 2024 Auction Highlights: Annabel Sutherland (Delhi Capitals) and Kashvee Gautam (Gujarat Giants) go for highest bid of 2 crores  The Indian Express

Annabel Sutherland fetches highest price at Women’s Premier League auction - The Guardian
Annabel Sutherland fetches highest price at Women’s Premier League auction  The Guardian

WPL Auction 2024 Live Streaming: When and Where to watch live on TV and Online - Hindustan Times
WPL Auction 2024 Live Streaming: When and Where to watch live on TV and Online  Hindustan Times

Car auctions work to stay ahead of vehicle parts thefts - Automotive News
Car auctions work to stay ahead of vehicle parts thefts  Automotive News

New Mexico delinquent property tax auctions set for December 2023 - KRQE News 13
New Mexico delinquent property tax auctions set for December 2023  KRQE News 13

Marion County Schools announce plans to auction 5th Street Gym property - West Virginia MetroNews
Marion County Schools announce plans to auction 5th Street Gym property  West Virginia MetroNews

Auction houses: fees hit by competition for blockbuster lots - Financial Times
Auction houses: fees hit by competition for blockbuster lots  Financial Times

State Property Fund raises over UAH 73M at auctions in past week - Ukrinform
State Property Fund raises over UAH 73M at auctions in past week  Ukrinform

Over 450 vehicles to be made available at December commonwealth vehicle auction - CBS News
Over 450 vehicles to be made available at December commonwealth vehicle auction  CBS News

From Fields to Funds: Farm Equipment Auction Benefits UNK Students - Rural Radio Network
From Fields to Funds: Farm Equipment Auction Benefits UNK Students  Rural Radio Network

Bankrupt Yellow suspends auction of 147 leased terminals until Dec. 18 - JOC.com
Bankrupt Yellow suspends auction of 147 leased terminals until Dec. 18  JOC.com

Babe Ruth rookie card fetches $7.2 million at auction - Washington Examiner
Babe Ruth rookie card fetches $7.2 million at auction  Washington Examiner

Vehicles displayed prior to auction in Dauphin County - ABC27
Vehicles displayed prior to auction in Dauphin County  ABC27

One Of Only Three 1964 Ferrari 275 GTB/C Speciale Is Looking For Its Next Well-Heeled Owner - CarBuzz
One Of Only Three 1964 Ferrari 275 GTB/C Speciale Is Looking For Its Next Well-Heeled Owner  CarBuzz

2nd of 2 designer purse auctions to benefit NCPPC - WWNY
2nd of 2 designer purse auctions to benefit NCPPC  WWNY

Treasury Yields Gained. These 2 Auctions Will Decide Their Next Move. - Barron's
Treasury Yields Gained. These 2 Auctions Will Decide Their Next Move.  Barron's

UP Children's Museum hosts 20th annual Celebrity Art Auction - WLUC
UP Children's Museum hosts 20th annual Celebrity Art Auction  WLUC

ZZ Top's Dusty Hill Three Day Auction Sells 100% Lots & Nets $3 Million at Julien's Auctions In Dallas - BroadwayWorld
ZZ Top's Dusty Hill Three Day Auction Sells 100% Lots & Nets $3 Million at Julien's Auctions In Dallas  BroadwayWorld

The Eric Clapton Crossroads 25th Anniversary Auction Was A Huge Success - Where's Eric
The Eric Clapton Crossroads 25th Anniversary Auction Was A Huge Success  Where's Eric

60K-Mile Shelby GLHS Goes To Auction At Mecum Kissimmee - Mopar Insiders
60K-Mile Shelby GLHS Goes To Auction At Mecum Kissimmee  Mopar Insiders

88th annual Little Yellow Dog Auction returns with Nixon - KCAU 9
88th annual Little Yellow Dog Auction returns with Nixon  KCAU 9

Fort Myers Beach non-profit auctions Christmas trees for thousands - FOX 4 News Fort Myers WFTX
Fort Myers Beach non-profit auctions Christmas trees for thousands  FOX 4 News Fort Myers WFTX

Lucrative Cricket Deals Struck At Women’s Premier League Auction In India - Forbes
Lucrative Cricket Deals Struck At Women’s Premier League Auction In India  Forbes

Bankrupt Trucking Firm Yellow Auctions Off 75% of Properties - PYMNTS.com
Bankrupt Trucking Firm Yellow Auctions Off 75% of Properties  PYMNTS.com

Former Shopko headquarters, downtown Green Bay building up for auction - Green Bay Press Gazette
Former Shopko headquarters, downtown Green Bay building up for auction  Green Bay Press Gazette

John Lennon's Beatles Grammy Trustee Award Could Auction for Up to $500K - TMZ
John Lennon's Beatles Grammy Trustee Award Could Auction for Up to $500K  TMZ

Bring a Trailer and Cars and Bids: How online auction sites work - FOX 31 Denver
Bring a Trailer and Cars and Bids: How online auction sites work  FOX 31 Denver

‘Clip for a Cause’ auctions unique item to raise money for Topeka organization - WIBW
‘Clip for a Cause’ auctions unique item to raise money for Topeka organization  WIBW

Lakers News: Historic Kobe Bryant LA Attire Fetches Eye-Popping Amount At Auction - Sports Illustrated
Lakers News: Historic Kobe Bryant LA Attire Fetches Eye-Popping Amount At Auction  Sports Illustrated

Today's poll: Did you go to this year's Little Yellow Dog auction? - Sioux City Journal
Today's poll: Did you go to this year's Little Yellow Dog auction?  Sioux City Journal

Hemingway, Jack London and Unabomber Typewriters Go to Auction - The New York Times
Hemingway, Jack London and Unabomber Typewriters Go to Auction  The New York Times

Barrett-Jackson ushers in event season with Scottsdale auction | Daily Independent - Daily Independent
Barrett-Jackson ushers in event season with Scottsdale auction | Daily Independent  Daily Independent

Analysts Expect Breakeven For ACV Auctions Inc. (NASDAQ:ACVA) Before Long - Yahoo Finance
Analysts Expect Breakeven For ACV Auctions Inc. (NASDAQ:ACVA) Before Long  Yahoo Finance

Rediscovered paintings by Rembrandt and Canaletto fail to turbocharge London Old Master auctions - Art Newspaper
Rediscovered paintings by Rembrandt and Canaletto fail to turbocharge London Old Master auctions  Art Newspaper

The Eric Clapton Crossroads 25th Anniversary Auction Happens December 8 - Where's Eric
The Eric Clapton Crossroads 25th Anniversary Auction Happens December 8  Where's Eric

BitcoinShrooms: An Ordinals Auction - Sotheby's
BitcoinShrooms: An Ordinals Auction  Sotheby's

Auctions: Editors' Picks: The New York Fantasy Auction Draft - HODINKEE
Auctions: Editors' Picks: The New York Fantasy Auction Draft  HODINKEE

The U.S. Treasury has announced their coupon auctions for next week - ForexLive
The U.S. Treasury has announced their coupon auctions for next week  ForexLive

Sotheby's New York to Auction - HODINKEE
Sotheby's New York to Auction  HODINKEE

Mystery bidder splashes $25000 for 'Dinner with Jerry West' in charity auction - Sportskeeda
Mystery bidder splashes $25000 for 'Dinner with Jerry West' in charity auction  Sportskeeda

See Selections From GEDDY LEE's Baseball Memorabilia Collection At Christie's Auction House - BLABBERMOUTH.NET
See Selections From GEDDY LEE's Baseball Memorabilia Collection At Christie's Auction House  BLABBERMOUTH.NET

Bakken, Permian Take Spotlight in Quarterly Federal Oil, Natural Gas Auctions - Natural Gas Intelligence
Bakken, Permian Take Spotlight in Quarterly Federal Oil, Natural Gas Auctions  Natural Gas Intelligence

Wyoming holds off on auctioning huge piece of pristine land inside Grand Teton - ABC News
Wyoming holds off on auctioning huge piece of pristine land inside Grand Teton  ABC News

Digital Art Auction - Christie's
Digital Art Auction  Christie's

ZZ TOP Bassist DUSTY HILL's 1953 Fender Is Second-Highest-Selling Bass In Auction History - BLABBERMOUTH.NET
ZZ TOP Bassist DUSTY HILL's 1953 Fender Is Second-Highest-Selling Bass In Auction History  BLABBERMOUTH.NET

Guerrilla Gravity's parent company puts manufacturing equipment up to auction - Bicycle Retailer
Guerrilla Gravity's parent company puts manufacturing equipment up to auction  Bicycle Retailer

News Flash • Rock Island Auction Company Opens Bedford Facil - Calendar • Bedford TX • CivicEngage
News Flash • Rock Island Auction Company Opens Bedford Facil  Calendar • Bedford TX • CivicEngage

Auctions avoided with advance payment of 10% of debt - Kathimerini English Edition
Auctions avoided with advance payment of 10% of debt  Kathimerini English Edition

'Lost' Bob Dylan Debut LP Master Tapes Head to Auction - Mix
'Lost' Bob Dylan Debut LP Master Tapes Head to Auction  Mix

Harrison Ford’s blaster from 'Star Wars: A New Hope' sets Guinness World Record at auction - Fox Business
Harrison Ford’s blaster from 'Star Wars: A New Hope' sets Guinness World Record at auction  Fox Business

Iconic ‘Sex and the City’ Costume, Princess Diana Dress To Hit Auction Block (Exclusive) - Hollywood Reporter
Iconic ‘Sex and the City’ Costume, Princess Diana Dress To Hit Auction Block (Exclusive)  Hollywood Reporter

'Sex and the City' Opening Credits Tutu Goes Up for Auction in January - PEOPLE
'Sex and the City' Opening Credits Tutu Goes Up for Auction in January  PEOPLE

Julien’s Auctions Bidding to Join Nashville’s Music Community In 2024 - Billboard
Julien’s Auctions Bidding to Join Nashville’s Music Community In 2024  Billboard

Menu signed by Mao Zedong brings a quarter million dollars at auction - The Associated Press
Menu signed by Mao Zedong brings a quarter million dollars at auction  The Associated Press

The 23 Most Expensive Cars Ever Sold at Auction, From Ferraris to Jaguars - Robb Report
The 23 Most Expensive Cars Ever Sold at Auction, From Ferraris to Jaguars  Robb Report

Estes, Saia, Knight-Swift among winners in Yellow terminal auction - CCJ
Estes, Saia, Knight-Swift among winners in Yellow terminal auction  CCJ

Rare Mid-Century Modern Home in Rural Pennsylvania Heads to Auction - Mansion Global
Rare Mid-Century Modern Home in Rural Pennsylvania Heads to Auction  Mansion Global

Tom Petty Auction Items Returned to Family After Claims They Were Stolen - TMZ
Tom Petty Auction Items Returned to Family After Claims They Were Stolen  TMZ

That Famous $5 Tutu from ‘Sex and the City’ Could Fetch $12,000 at Auction - artnet News
That Famous $5 Tutu from ‘Sex and the City’ Could Fetch $12,000 at Auction  artnet News

MWA Auctions Illinois Farm for $14.9 Million - Yahoo Finance
MWA Auctions Illinois Farm for $14.9 Million  Yahoo Finance

Twelve Caesars Auction of Ancient Roman Coins at Heritage - CoinWeek
Twelve Caesars Auction of Ancient Roman Coins at Heritage  CoinWeek

Auction date set for Taos Valley Ranch | Local News | taosnews.com - The Taos News
Auction date set for Taos Valley Ranch | Local News | taosnews.com  The Taos News

Conanicut lighthouse land in Jamestown, RI, sold in auction - newportri.com
Conanicut lighthouse land in Jamestown, RI, sold in auction  newportri.com

Tom Petty Estate, Auction House Resolve Issue Over ‘Stolen’ Items - Rolling Stone
Tom Petty Estate, Auction House Resolve Issue Over ‘Stolen’ Items  Rolling Stone

US holds first of several oil and gas auctions as COP28 gets underway - Reuters
US holds first of several oil and gas auctions as COP28 gets underway  Reuters

Biden admin holds oil, gas auctions amid COP28 climate talks: Environmentalists furious - Axios
Biden admin holds oil, gas auctions amid COP28 climate talks: Environmentalists furious  Axios

Thom Browne Curates a Selection of Sotheby’s American Art and Design Auctions Next Month - Barron's
Thom Browne Curates a Selection of Sotheby’s American Art and Design Auctions Next Month  Barron's

Shree Cement plans to bid in India's lithium auction - source - Reuters
Shree Cement plans to bid in India's lithium auction - source  Reuters

Slew of vehicles on offer at SAPD asset auction - KSAT San Antonio
Slew of vehicles on offer at SAPD asset auction  KSAT San Antonio

Auction listing for erotic Rembrandt etching comes with explicit-content warning - CNN
Auction listing for erotic Rembrandt etching comes with explicit-content warning  CNN

Yellow bankruptcy auction raises $1.9 billion for Wall Street - WSWS
Yellow bankruptcy auction raises $1.9 billion for Wall Street  WSWS

Eric Nadel's microphone, handwritten script for World Series final out up for auction to benefit DFW mental health center - WFAA.com
Eric Nadel's microphone, handwritten script for World Series final out up for auction to benefit DFW mental health center  WFAA.com

US offshore wind warnings pile pressure on 2024 auctions - Reuters
US offshore wind warnings pile pressure on 2024 auctions  Reuters

Foreign wind power players urge Japan to scale up offshore auctions - Reuters
Foreign wind power players urge Japan to scale up offshore auctions  Reuters

Your table's waiting: Auction raises funds for NO charities | Entertainment/Life - NOLA.com
Your table's waiting: Auction raises funds for NO charities | Entertainment/Life  NOLA.com

Little Yellow Dog Auction noon Saturday at Ho-Chunk Centre - Sioux City Journal
Little Yellow Dog Auction noon Saturday at Ho-Chunk Centre  Sioux City Journal

Artnet Auctions Specialists Discuss Their Favorite Lots From the Final Cut Sale - artnet News
Artnet Auctions Specialists Discuss Their Favorite Lots From the Final Cut Sale  artnet News

NCPPC to host designer purse auctions - WWNY
NCPPC to host designer purse auctions  WWNY

Messi's World Cup jerseys bring in millions at auction - NPR
Messi's World Cup jerseys bring in millions at auction  NPR

Nixon brings $13,000 at Saturday's Little Yellow Dog auction - Sioux City Journal
Nixon brings $13,000 at Saturday's Little Yellow Dog auction  Sioux City Journal

AUCTION: Sox & Martin 1965 Plymouth Belvedere A990 A/FX - Mopar Insiders
AUCTION: Sox & Martin 1965 Plymouth Belvedere A990 A/FX  Mopar Insiders

Bankrupt Amyris auctions off four beauty brands - Cosmetics Business
Bankrupt Amyris auctions off four beauty brands  Cosmetics Business

Auction will include real estate, wood mills, machines from closed central Pa. factory - PennLive
Auction will include real estate, wood mills, machines from closed central Pa. factory  PennLive

Elizabeth Taylor's Rediscovered Wardrobe to Be Sold at Kerry Taylor Auctions. - Town & Country
Elizabeth Taylor's Rediscovered Wardrobe to Be Sold at Kerry Taylor Auctions.  Town & Country

ZZ Top icon Dusty Hill's famous Fender Precision bass guitar sells at auction for $393700 - Louder
ZZ Top icon Dusty Hill's famous Fender Precision bass guitar sells at auction for $393700  Louder

What do Lincoln, Tiger Woods and Ricky Bobby have in common? An auction at Lake Norman mansion - Charlotte Observer
What do Lincoln, Tiger Woods and Ricky Bobby have in common? An auction at Lake Norman mansion  Charlotte Observer

Babe Ruth 1914 minor league trading card hits hefty $7.2M at auction, falls short of hoped-for grand slam - Fox Business
Babe Ruth 1914 minor league trading card hits hefty $7.2M at auction, falls short of hoped-for grand slam  Fox Business

Uncapped Kashvee and Vrinda make biggest splash at WPL auction - ESPNcricinfo
Uncapped Kashvee and Vrinda make biggest splash at WPL auction  ESPNcricinfo

Brad Pitt and Angelina Jolie's former New Orleans 7-bedroom home hits auction block - Fox Business
Brad Pitt and Angelina Jolie's former New Orleans 7-bedroom home hits auction block  Fox Business

French chateau-inspired estate in Northern Kentucky sells at auction - WKRC TV Cincinnati
French chateau-inspired estate in Northern Kentucky sells at auction  WKRC TV Cincinnati

Yellow Rivals Scoop Up Truck Terminals in Bankruptcy Auction - The Wall Street Journal
Yellow Rivals Scoop Up Truck Terminals in Bankruptcy Auction  The Wall Street Journal

Auction for Jay-Z's one-of-a-kind Brooklyn Public Library cards fetches $126000 - New York Daily News
Auction for Jay-Z's one-of-a-kind Brooklyn Public Library cards fetches $126000  New York Daily News

This Ultra-Rare George Daniels Watch From 1999 Is Expected to Fetch Over $750,000 at Auction - Robb Report
This Ultra-Rare George Daniels Watch From 1999 Is Expected to Fetch Over $750,000 at Auction  Robb Report

3 rare Maud Lewis paintings fetch well above estimates in online auction - CBC.ca
3 rare Maud Lewis paintings fetch well above estimates in online auction  CBC.ca

Michael J. Fox Nike Mag Foot Last Sotheby's Auction - Complex
Michael J. Fox Nike Mag Foot Last Sotheby's Auction  Complex

‘Final’ photos of nursing pioneer Florence Nightingale up for auction - CNN
‘Final’ photos of nursing pioneer Florence Nightingale up for auction  CNN

Last of the Summer Wine: Compo costume fetches £6k at auction - BBC.com
Last of the Summer Wine: Compo costume fetches £6k at auction  BBC.com

Northeast Ohio golf course heading to auction - Golfweek
Northeast Ohio golf course heading to auction  Golfweek

Nobles County auctions off tax-forfeited properties - The Globe | News, weather, sports from Worthington, Minnesota - The Globe
Nobles County auctions off tax-forfeited properties - The Globe | News, weather, sports from Worthington, Minnesota  The Globe

Steve Jobs' $4.01 RadioShack check set to fetch small fortune at auction - The Register
Steve Jobs' $4.01 RadioShack check set to fetch small fortune at auction  The Register

Seven Hills Country Club near Hartville will be sold at an auction - Canton Repository
Seven Hills Country Club near Hartville will be sold at an auction  Canton Repository

 

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