Saturday, March 13, 2010

For Those Who Want To Sell On eBay

eBay has been an world wide online marketplace for millions of individuals. Buyers and Sellers alike grappled for the one thing they want most...a good deal. This is the single most important key to success in selling on eBay. But how do you achieve a great deal? These tips will help you analyze what you can offer and how to go about offering the best deal on the bidding market.

Tip 1 - Knowing your product

Whenever it comes to buying and selling items, the best thing you can do for yourself is to know the product well. How much is it brand new? What is the value of it used? Is this product now considered obsolete? An important fact to remember is the value of technology is constantly changing. The value of an electronic maybe worth a great deal when it is new, but give it time and it will decrease in value. Also, check similar items being sold on eBay and decide if you can sell your product for less.

Tip 2 - Determining The Price

A good rule of thumb is to locate the item you want to sell online in at least three different locations and jot down the price others are selling the item. Take the average of those prices and mark the price in half. This low opening bid will actually grow and generate multiple bidding because people think it is too good of a deal. If you are willing to accept the going rate for your item, and then use that price and list it as "Buy It Now." Also, throw in "Free" shipping. More people will buy from sellers with free shipping than not.

Tip 3 - Accept PayPal

PayPal is the simplest way to do business on eBay. PayPal enables you to accept online payments for your eBay items. Sellers must offer safe electronic payments to buyers on eBay, so go ahead and sign up for PayPal...it is free.

Tip 4 - Writing Strong Title

Writing a strong title is critical for helping users find your items. Use descriptive words, key words, or attributes in the title. This is your first contact with users and you need that title to draw them into looking closer at your item.

Tip 5 - Good Product Images

Most users will skip right past listings with no pictures. Users want to see the product they are buying. The photos you take of your item are essential in grabbing user's attention. Add one of the best photos of the product to the headline. Take multiple close-up pictures of the item. Some people may not want to do this because if it is a used product the picture may reveal a flaw. However, this is good. Taking real close pictures of any flaws and posting them in the listing will draw consumer trust.

Conclusion

Selling on eBay can be a successful venture for any work at home individual. Knowing how to maximize yourself and your product will draw consumers to your bidding.