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Artists, craftspeople and photographers are successfully selling their wares everyday on the online auction site, eBay. According to a recent analysis of eBay sales, a crafts-related item is sold every nine seconds, a scrapbook item is sold every minute, and 40 cross-stitch items sell in an hour on eBay. Sales of craft items on eBay have grown almost 60 percent in the past year, according to TheBidFloor.com.
But, at the same time, many would be sellers are listing their pieces for sale on auctions and getting no bids, concluding that eBay just doesn't work.
Here are some tips from James Dillehay, craft artist, eBay seller and author of the new book, "Sell Your Crafts on eBay" (Warm Snow Publishers), on how to profitably sell your wares online:
1. A word's spelling impacts an item's profitability. For example, the word 'handmade,' spelled as one word, was part of 2,233 auction titles with an average closing price of $16.29. However, auction titles that included 'hand made' as two words were found in 1,358 listings, but with an average auction closing price higher, at $27.81, or $11.52 more profit per item.
2. Go to eBay and find the search box. Type in the word or phrase that describes your art or craft item. Then scroll down the links on the left side of the page and click on the link for "completed items." Here, you'll be able to see the demand for this type of product. Do searches for your items every two to three weeks to chart buying patterns.
3. Find out how much people are willing to pay for your wares. Click on the link that says "highest price." This will give you a list of completed auctions from highest priced items to lowest priced ones. You want to know what people are willing to pay for items like yours. If you can't make and sell your product for a profit, eBay might not be your marketplace.
4. Determine how much money you'll make on your product. To determine your profitability, use the cost of your materials plus the cost of your labor plus the cost of your selling price, which should be the minimum price to recover your expenses. If it takes you eight hours to make a piece of jewelry and the highest priced similar item sells on eBay for $26, you won't make a profit.
5. Look at the elements of successful sellers of products that are similar to yours. Examine their winning auction titles. Observe how much detail they use to describe their item. See if the seller used any of eBay's special features such as gallery photos or a bold, featured listing. Evaluate the starting price, starting day of the week, and duration of winning auctions.
For more tips on how to sell your craft items on eBay, consult a resource book like "Sell Your Crafts on eBay," by James Dillehay. It offers-more than 200 easy-to-learn tactics and tips that help sell art, craft and theme-related items for a profit on eBay and on other online auction Web sites.
James Dillehay is a 20 year crafts veteran and nationally recognized expert on craft business. Author of eight books, his articles have helped readers of Family Circle, Better Homes & Gardens, Country Almanac, Working Mothers, The Crafts Report, Sunshine Artist, and many other magazines. For more information, see http://www.craftmarketer.com
Rashaan Salaam's Heisman Trophy auctioned for almost $400K for CTE research
The online auction was conducted by SCP Auctions of California. The previous record sale for a Heisman award was $395,240 that was paid for Bruce P. Smith's 1941 trophy. Other Heisman trophies that have sold through the years include O.J. Simpson's ...
Pensacola News Journal
Westside Stories: Garth's Antiques and Auction Gallery is Warrington fixture
Pensacola News Journal
They call a stretch of Navy Boulevard "Antiques on the Boulevard" these days. In Warrington, a roster of antique shops line the streets. But long before other antique stores began stampeding to the area, there was Garth's Antiques and Auction Gallery ...
The Denver Post
CU Buffs Rashaan Salaam's Heisman Trophy sold for $399608 at auction, portion aids CTE research
The Denver Post
Colorado's Rashaan Salaam poses with the 1994 Heisman Trophy on Dec. 10, 1994, at the Downtown Athletic Club in New York. By Kyle Fredrickson | email@example.com | The Denver Post. January 21, 2018 at 12:14 pm. Former Colorado Buffaloes ...
Kris Jenner auctions her Thunderbird
On the Christmas when Kris got her white Thunderbird, her mother Mary Jo Campbell was gifted a bright red version of the same model. Kris Jenner. Kris Jenner has sold off the white 1956 Ford Thunderbird her children gave her for Christmas in 2016, TMZ ...
El Paso Inc.
11 Abraham buildings up for auction
El Paso Inc.
Two auctions are scheduled that day, and 11 Abraham properties are involved in both, starting with a foreclosure sale on the Toltec Building, and two other properties Abraham owns. Barring legal action to stop the sale of the Toltec Building and two ...
The San Diego Union-Tribune
Salaam's Heisman sells for nearly $400000; mom believes it was stolen
The San Diego Union-Tribune
In this Dec. 10, 1994, file photo, Colorado's Rashaan Salaam poses with his Heisman Trophy at the Downtown Athletic Club in New York. (Adam Nadel / AP). Jay PosnerContact Reporter. The Heisman Trophy won by San Diegan Rashaan Salaam in 1994 was sold ...
Will KAR Auction Services, Inc. (KAR) Run Out of Steam Soon?
Bancorporation Of Nova Scotia Trust Communication has invested 0% in KAR Auction Services, Inc. (NYSE:KAR). Twin Tree Mngmt L P owns 42,321 shares for 0.02% of their portfolio. 36,727 are held by Amg Funds Ltd Llc. New York-based Suvretta Cap Ltd Com ...
Palm Springs Life
On the Block
Palm Springs Life
On the Block. The Palm Springs estate of Suzanne Somers and Alan Hamel is set to sell to the highest bidder Jan. 31. Lawrence Karol January 21, 2018 Home & Design, Real Estate. suzanne-somers. An overview of the 70-plus-acre compound, which was ...
First 2019 Ford Mustang Bullitt Auctions for $300K, 100% of Hammer Price Goes to Charity
Ford created a whirlwind of hype at last week's North American International Auto Show by revealing the all-new Mustang Bullitt. Intended to recreate the magic of the original Steve McQueen hero 'Stang, the car will produce "at least" 475 horsepower ...
Rashaan Salaam's 1994 Heisman Trophy Auctions At Record Price
Former Heisman Trophy winner Rashaan Salaam's award was auctioned off over the weekend and reportedly brought in a record price. According to SCP Auctions, an online auction for the 1994 Heisman Trophy opened bidding on Jan. 8 before closing on ...
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