Thursday, December 28, 2006

Make Even More Money Online from EBay – 10 Tips

So you have an existing eBay business, you have buyers viewing your items, but are looking to get more bids? Read these 10 tips that will help you boost bids and help you make more money from eBay.

1) About Me Page – Most people have heard of the horror stories of being robbed or suckered from online purchases. The last thing they want is it to happen to them. Creating an About Me page surprisingly gives most people the assurance that you are legit, and gives them the confidence to bid.
2) Improve your Pictures – Perhaps one of the most important things you can do is increase the quality and quantity of photographs you display of your items. If you have crystal clear pictures from multiple angles, buyers feel more confident in what they’re buying and will pay more for it.
3) SquareTrade – SquareTrade is used by almost every single Powerseller. It helps you and your customers resolve issues.
4) Terms and Conditions – While most eBay buyers never read throughout the terms and conditions, have them definitely has an effect. It gives your site and e-business and official look that gives buyers confidence.
5) Feedback – If you work hard to accommodate customers and make them happy don’t be afraid to show it off. A simple list of buyer feedback to the bottom of each item your selling can increase buyer confidence and buyer bids as well
6) Sales Techniques – Remember to include in your descriptions the benefit your items have and not just the features. Remember if something is cheap it is a feature, whereas “saves money” I s a benefit.
7) No Reserve – Starting your items at no reserve price will help increase bids, but adding NR to your titles will help even more.
8) Payment Methods – Although PayPal is the most convenient method for you to receive payments some people just refuse to use it. One way to get more bids is to accommodate to these customers and offer more payment methods.
9) Staggering listed items – If you typically sell 5 like items a week, don’t list them all at once or wait til one auction is finished before beginning another. Instead set each at a 5 day auction and start a new one each day. Customers are more likely to watch all 5 items to get a good deal. Watched items lead to more bids.
10) Upgrades – If the category you’re selling in is overwhelmed with listings you may want to try upgrading to the feature that displays your item first. It can help lead to more bids and pay for itself two or three fold.

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