Browsing in Ebay

EbayThe first thing you need to do is write an auction title.

This is the most important part of your auction. If your title doesn’t interest anyone no-one will read your ad.

You could have written the most compelling auction description ever written. But unless anyone reads it you’ll get no sales.

All professional ad writers agree that the title is 9x more important than the ad itself. Before you read a newspaper article, what’s the first thing you read?

That’s right. The headlines. Only when a headline interests you will you attempt to read the actual article.

The most effective way of coming up with the best title

The best way is follow the 100-1 rule. First write 100 titles then pick the best one. Why?

Professional writers do this because 100 seems to exhaust all possible titles. You’ll find when you’ve finished that the best one jumps off the page at you.

Try it! It works. It takes time but nothing comes without effort. And the results will outweigh the work.

There is however a better way that I stumbled across. This method is used by one of the most successful writers on the web.

He simple asks a special question that just gets headlines flooding from your fingers. I must say, it works like magic. He always gets his headline in less than 5 minutes. And what’s more, always gets amazing results. Everytime!

Sorry I’m not going to reveal that question here, because I’ve included it in my best-selling ebook about ad writing. And it would result in less sales, because that would be one of the main reasons people are buying it. Amongst others.

How to write the auction description.

Your description is the part that needs to get the person to place a bid. So you better make sure it’s persuasive.

Just about everyone reads the first paragraph. If this doesn’t grab em, then they’ll quickly leave and look for other auctions.

The best first paragraph is always the one that grabs the imagination. When they read it they should see themselves with your item. A bit like the car salesman who gets you to sit in the vehicle.

Hopefully you’ve done a good job of that so now they begin reading the rest of your ad.

People want to see the benefits of owning your item. So you need to show all the benefits of having your offering.

You also need to present the benefits in a certain way. The best way I’ve found for presentation is shown in my book. It always gets the best response whenever I do this in my auctions.

If possible you should always use a photo. When people see what your offering they’re much more happy to buy.

So to summarise…

Get the auction title right. This is the most important part by far.

Use a powerful opening paragraph.

Present all the benefits of your item.

If possible use photos.

Ebaythe beginning, eBay’s primary growth came from the
collectibles market. There are two basic models for eBay
sales:

1. Currently available consumers goods. This is a price-
driven model, and although smart sellers can earn above-
average prices, buyers are there looking for a bargain and
price is the #1 consideration.

2. Other buyers are collectors, looking for one-of-a-kind
unique items that they can’t locate elsewhere. Here, price
isn’t as important as it is with consumer goods. The power
of this market is obvious because, before eBay and the
Internet, most collectors were confined to a local market.

Dolls have always been big sellers as eBay collectibles and
eight of them are especially strong sellers:

1. The Cabbage Patch Kids began in 1978 and are never
“sold”. They are ‘born’ at Babyland General Hospital in
Cleveland, Georgia and proud parents pay an ‘adoption fee’.
The Cabbage Patch Kids were one of the greatest toy
phenomenons of the later 20th century. At one time, it was a
common sight to see grown women shopping and lunching with
their babies in hand. In restaurants, the Kids had their own
chairs and were always appropriately dressed for the
weather.

2. Precious Moments began in the early 1970s when creator
Sam Butcher began drawing the endearing teardrop-eye
children as gifts for family and friends. Today Sam’s
Precious Moments artwork is among the most recognized in the
world, and eBay prices reflect this popularity.

3. Madame Alexander dolls were created in 1923. These
beloved dolls range from Charlie Brown to babies and
children to elegant dressed women to glamorous and famous
women like Greta Garbo and Judy Garland. With all the
varieties of costumes, a single doll can be a 1920s flapper
as easily as a member of the court of Louis XIV.

4. Lee Middleton dolls, according to legend, are so real in
appearance that grown men sent for a rescue squad to save
“the baby” from a locked car! Mistaken identity is
supposedly a frequent occurrence and the dolls have been
counted as “passengers” on airplanes and rescued from store
countertops to prevent the ‘baby’ from falling. As one happy
owner says, “These dolls are so lifelike it’s uncanny.”

5. American Girl dolls are loved by millions of little girls
(and grown ups, too!) They are not only from different times
and places, but are ethnically diverse: Felicity from
colonial Virginia; Josephina from the 1830’s in New Mexico;
Kirsten is “a pioneer girl of strength and spirit growing up
in Minnesota in 1854″; Addy is alive in the 186o’s, having
escaped from slavery with her mother; Samantha is “a bright
Victorian girl living with her wealthy grandmother in 1904″;
Kit is growing up in 193os, during America’s Great
Depression; Molly lives in the 1940’s while her dad is away
at war; Kaya is a Nez Perce Indian living in the northwest.

6. Hasbro dolls are one of the products of the gigantic
Hasbro company, who claim to have been making toys for eight
generations, including famous games like Monopoly, Scrabble
and Clue.

7. Bratz dolls, unlike older dolls like Madame Alexander and
Cabbage Patch Kids, have no long history as favorite toys or
collectibles. Nevertheless, their price has astonished eBay
sellers and the Bratz collection was one of the ’super hits’
of the 2003 holiday season and sales have been strong ever
since.

8. And, no surprise, Barbie is the best-selling doll on
eBay. Since Mattel has recently announced that Ken and
Barbie will no longer be an “item”, dolls from the ‘good old
days’ when the name “Barbie” was rarely heard without ‘Ken’,
will inevitably become more valuable.

Anyone who loves and understands the doll market, can do
very well selling dolls on eBay. They’ve been strong
sellers for the 10 years eBay has been in existence and are
almost certain to remain popular for years to come.

EbayMillions of would-be entrepreneurs want to sell things on ebay. eBay is the #1 home-business opportunity in the world right now, so it’s natural that many are eager to find highly profitable items for re-sale on eBay. However, it’s important to know that there are certain items that can’t be sold. Here are a dozen of them …

Some items are copyright infringement and can actually land a seller in federal prison:

1. Knock offs of music, TV shows or movies. The “bootleg” movies, for example, are often made by guys who sneak a movie camera into a newly-released movie where presumably, they crouch behind a seat and make a crummy copy. There is a large production of these counterfeit items in Asia where US laws have no power.

2. Software and computer games can likewise be copied and their sale is illegal by all US laws.

Naturally, the items above may be sold if you have a copy that you purchased legitimately and no longer want.

3, The so-called “replica” market for handbags, designer sunglasses and clothing is definitely forbidden although these items are often sold in physical stores around the US. Ironically, when attending eBay Live In New Orleans in 2004, we found a store in one of their famous markets selling replica purses that were not allowed on eBay.

4. Lazy and less-than-honest sellers often steal copyrighted material from other sellers. This has happened to me many times and eBay has a program called VERO (Verified Rights Owner) that will remove offending auctions, although there seems to be no penalty attached to the seller, which is unfortunate.

5. Alcoholic beverage sales are not allowed although a beverage “container’, especially those of wine, may be sold for its value.

6. Cigarettes, cigars, smokeless tobacco or coupons for such items are not permitted on eBay.com.

The Ebay rules for collectible tobacco and alcohol containers are the same:

* The value of the item is in the collectible packaging, not in the wine/tobacco itself.

* The listing description should state that the package has not been opened, but that the twine/tobacco within is not for consumption.

* The collectible tobacco packaging must not be available at any retail outlet, and packaging must have a value that substantially exceeds the current retail price of that wine/tobacco product in the package.

* Sellers must take steps to ensure that the buyer of these collectibles is at least 18 years of age

7. Firearms are strictly regulated by US law and may not be sold on eBay.

8. Satellite and cable TV descramblers are forbidden by the Federal Trade Commission.

9. Animals and wildlife products may not be sold, which includes stuffed birds and pelts from endangered species. There are limited sales of ivory, tortoise shell, marine products and other items relating to animals. This area is quite complex and any would-be seller needs to thoroughly understand the various laws before getting involved in these sales.

10. Event tickets have state-by-state laws that make their sale complex. Some states, for instance, forbid anyone to make more than a few dollars in profit (or no profit at all) on the resale of tickets. For instance, Florida law states that tickets can be resold at no more than face value plus $1. In such states, these regulations apply only to buyers and sellers located in the same state as the actual event, meaning if a seller lives in Florida, he can’t profit from ticket sales to Florida events. However, if he lives in any of the other 39 states, this restriction doesn’t apply.

11. Listing a catalog of items that a seller offers for sale is forbidden. The only catalogs legally sold on eBay are collectible kinds, such as an old Sears Roebuck or Montgomery Wards catalog that is memorabilia and doesn’t offer current merchandise for sale.

12. Raffles and prizes are 100% prohibited. According to eBay, such promotions are highly regulated and may be unlawful in many states.

There are other kinds of merchandise that a seller may not sell on eBay, so carefully check eBay rules before listing anything. It’s much better to know the rules in advance of spending money that can’t be recouped.

EbayYou 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.

One of these important things to do is to pick the right products to sell. The right products to sell are the ones that people on eBay want or will buy.

eBay tells you what people actually want and what people actually will buy in four areas of its website.

“In Demand”

One of these four areas on eBay’s site is the “In Demand” section. There is an “In Demand” link for each of the main categories on eBay. Listed in these areas are the previous month’s top ten products that people wanted and the top ten searches for each subcategory. To see the data in these areas follow the link below and when you reach the page, scroll down and click on the link “In Demand” under any of the categories shown.

http://pages.ebay.com/sellercentral/sellbycategory.html

“Hot Categories Report”

The next area containing information on finding what to sell on eBay is the “Hot Categories Report.” This report lists the “fastest growing” categories on eBay for the previous month. The explanation for what eBay considers “hot” can be hard to understand on your first reading. Nevertheless, the important thing to know is that the categories listed are the ones were buyer demand for the items under those categories are growing faster than the seller supply. This report is a PDF file so you will need Adobe® Reader® to open it. Here is the link:

http://pages.ebay.com/sellercentral/hotitems.pdf

“eBay Pulse”

“eBay Pulse” is another area where you can figure out what people are looking for on “The World’s Online Marketplace®.” It contains a category’s daily snapshot of the ten most popular searches and the stores with the most active listings. A subsection on “eBay Pulse,” known as “Most Watched Items,” reveals the ten auctions that are getting the most attention. Visit this page and select a category to study from the drop-down menu.

http://pulse.ebay.com

“Merchandising Calendar”

The last area with information on what to sell on eBay is the “Merchandising Calendar.” Here, eBay shows you the categories they will promote on their homepage each month. This is where eBay “tells” you what to sell. You can ignore their calendar and sell anything you choose, but wouldn’t it be easier to make sales if you took advantage of eBay’s promotional influence? Look at this page and use the calendar as a guide in planning your inventory and listings.

http://pages.ebay.com/sellercentral/calendar.html

Last Thoughts

Now that you have the links to data that tells you what people will buy on eBay, you can look forward to listing these items and making sales. The next step is finding the wholesale or drop-ship sources that carry those items that are “In Demand.” That is when you will be one-step closer to achieving your goal of making a living from eBay.

EbayI love getting a deal. I try to smell them out from miles away. I love frequent garage sales, flea markets, closeouts, and more — but found that I could much better by simply buying through online auctions - if I shop carefully.

Getting a deal out of EBay auctions is an art. Buying from auctions can be a costly proposition or a very economical option depending on your tactics. Buy wisely by learning from my (sometimes costly) experiences.

1. Is the Seller Trustworthy?

Both EBay and Yahoo auctions have seller ratings. Read these and their associated reviews. If the seller has a great rating from buying and a poor one from selling, you probably don’t want to buy from them. Look at both praises and complaints as they may or may not apply to what you are bidding on.

2. Read the Description Throughly

It is very easy to read what you want to see in an Ebay auction rather than what is actually written there. Read both what is in the Ebay description and what is NOT in the description. Often your mind will want to fill in details with what is your dream interpretation. You need to re-read the description until you find out whether what you are searching for and what the seller is selling match.

* Used or New?

Is the item you are buying used or new? If it doesn’t say new, you are most likely buying something that is used.

* Real or Fake

Is the item you are interested in “real” gold, sterling silver or pearls? For example, a description saying: “gold necklace for sale” does NOT say 14 kt gold or 18kt gold. That most likely means a gold COLORED necklace which may or may not have actual gold metal. This also applies to pearls as many call plastic fake pearls simply “pearls”.

If the seller is selling beads, those beads could be plastic, glass, stone, scrap metal, crystal, chips, wood, clay, gemstone or some other material.

* Item Details

Does the EBay description really say how much you are getting, how long the item is, and quality of the item? Selling by the pound can be a great deal - or a horrible deal.

* Beware of Hidden Costs

Look at shipping and handling costs. I’ve seen many penny auctions that have $13 or more shipping. Some auctions even have handling fees.

* How Fast Will it Ship?

I’ve been seeing a fair amount of auctions that note that the product will ship in 2 months or that shipping time is 2 months. If you are buying for a particular holiday, be sure that you will get the item in time.

3. Is it a Bargain For You?

Many times an EBay auction will say that the items are “worth $XXX”. In many cases, that price is inflated. Often you can find similar items much cheaper tah “$XXX” at normal stores. (However, the auction price may still be cheaper than you can by elsewhere - it really helps to know how much you usually pay for items!) If you are only interested in some of the items in an auction, adjust your bid to reflect how much you are willing to pay for just those items unless you plan to sell the rest as that is how much you would pay for it elsewhere.

4. Auction Fever

Compare prices on the net at the same time to avoid overpaying. Know that usually you can get the item later elsewhere. Wise buyers know to walk away when the price is higher than the item is worth to them.

EbayEbay is a great market place for buyers and sellers alike. There are some helpful tips and hints however that can make your Ebay dealings run a bit smoother. We will take a look at these in the posts to come.