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Boosting Your eBay Auction Profits: Just Add Audio
Are You Getting The Highest Possible Profits From Your Ebay
Auctions? Here's a tip: Add audio to your auctions.
According to a recent report, adding audio to your eBay
auctions could increase bids by as much as 22% over auctions
without audio. ...
Ebay Auction for Golf Weekend with Junior Seau at Caesars Palace, Las Vegas
Ebay auction announced for a golf weekend with Junior Seau at Caesars Palace in Las Vegas as part of the Christian Okoye Foundation celebrity tournament. “My Foundation will host a star studded celebrity golf weekend at Caesars Palace, Las Vegas on...
How To Stop Ebay Auction Sniping.
Every day, hapless bidders get beaten to the punch by auction snipers who jump in at the last minute. I know how annoying it can be, as I once had it happen to me three times in a row on the same item! The thing is that the only people who can help...
Online Auctions Business
Online auction sites are a great way to find a bargain on almost anything and an excellent way of getting the best price for selling something of your own. Online auctions are different from their real-world counterparts. You are free to take your...
Tips For Managing Multiple Ebay Auctions
It can be very time-consuming to keep your auctions ticking along, especially if you have hundreds listed at a time. Don’t despair, though: there are a few things you can do to take the weight off you.
Use My eBay.
If you want a broad overview...
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What You Can Learn From Competing Ebay Auctions.
If you've a savvy businessperson, the chances are you've already
taken a look at your competitors' auctions. What you might not
have realised is just how much you can learn if you know what
you're looking for.
To begin with, don't bother looking at listings that haven't
ended yet - you don't know what's going to happen with them.
Instead, use the advanced search page to search for listings
that sold. Just go to the advanced search page, type in the
keywords that you know will find your competitors' items, tick
'Completed listings only' and set the minimum number of bids to
1. Set it to sort by 'Price: highest first'.
This will show you auctions competing with yours that have
recently finished, starting with the ones that sold for the most
(ignore any with prices in red - they didn't sell). Go through
and take a look, paying special attention to the following
points:
Titles. What information do the top sellers of your item put in
their titles, and what do they leave out? If your titles are
very different to theirs, it might be time for a rethink.
Descriptions. You'll probably notice that the highest sellers
haven't just copied text from the company's website or an
Amazon.com review - they've gone to the trouble of writing a
little about the item, and about themselves. Learn from their
example.
Pictures. I can almost guarantee you that the listing will have
very nice pictures - not catalogue quality, but good enough to
see what you're getting. With items of any significant cost,
you'll probably find more than one photo from different
angles.
Style. Is it written conversationally, or in terse businesslike
language? The way you should write entirely depends on what the
market seems to like - and the market seems to like what the top
sellers wrote.
Time. It's pretty easy to ignore this as a factor without
meaning to, but pay attention to when the top selling items'
auctions began and ended. This might give you a few clues about
the best to catch buyers who will bid highly on your item, and
then you can schedule your items accordingly.
Price. If your competitors are selling using Buy it Now, you can
see what the maximum is that they've managed to sell for
recently, and set your own Buy it Now price slightly below that.
Shipping. Look around to see the sweet spot for shipping. If you
can figure out a way to get your shipping costs lower than the
highest sellers, then this is a great opportunity to
differentiate yourself in the market.
Once you see what works, you can start to emulate your
competitors - of course you can't just copy them completely, but
you can structure your auction similarly and make sure it
includes the same information.
If you want your items to do even better, then start stocking
the items in your category that are the most in-demand. We'll
show you how to tell what's selling and what's not in our next
email.
About the author:
Kirsten Hawkins is an Ebay and internet auction enthusiast from
Nashville, TN. Visit http://www.auctionseller411.com/ for more
great tips on how to make the most from Ebay and other online
auctions.
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