 | ||
|
| ||
|
|
Auction Information ChannelSEARCH: The auction information channel Directory of Information
auctions Akron, Ohio listings, estate sales Akron, Ohio, surplus liquidations Akron, Ohio
We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics. |
|
|
|
|
|
 |
|
|
Place your TextLink AD here free |
Like all eBay sellers I wanted to sell all of my items at a profit and what I found was that when I was getting to the end of line items that I was ending up selling them at cost, even though the items were finally selling at a profit price, because I was having to factor in the eBay relisting fees etc.
So I took a moment and sat down and thought how I could deal with these items and still make money. What I ended up doing was thinking outside the eBay sellers box and coming up with selling them at cost to make a fortune.
What I mean by this was that I was going to sell the items at no loss to me on eBay but then use the opportunity to build a relationship with the buyer that could be used to build long term profit for me. Think of it as :
A loss leader without the Loss!
Let me use a couple of examples :
Scenario One
Item sells on eBay for £20 profit, buyer buys the item and pays and thats the end of it. Your total profit is £20.
Scenario Two
Items sells at cost, zero profit but you use the sale as an opportunity to build a relationship with the buyer and lock them into your business. The buyer then buys one item a month (maybe more!) for a year giving you a profit of £240 (minimum). If these are from your website not eBay your profit will be greater as you will have no fees. Over the lifetime value of a customer this could mean thousands of pounds profit...
It is common knowledge that when a customer is locked into your business or product then they are more likely to repeat purchase, which is where the fortune part of the equation comes in. The principle can also be used when you sell at full price but as you are selling at a bargain price the customer is more likely to be interested in your offer as they will put your product and value into the same sentance.
What I am asking you to do is to take a critical look at what the true worth of eBay actually is, is is not just in instant terms but the long term possibilities far outway the short term profits.
The question is now, 'How do you build this relationship?
There are a number of ways but by far the most successful that I use is by using a simple email!!! No harder than that this building a relationship idea...
Once the customer has bought my eBay item I send a simple receipt via email thanking them for thier purchase and making them aware of my website and offering them the opportunity to join my mailing list so that I can contact them with furthur offers they may be interested in.
I make it very clear that I have no intention of flooding them with spam and give them the choice of the number of times they will be contacted in a month. This has two effects, they gain trust in your professionalism as you are seen not to be just harvesting emails and it also makes them feel in control as they set the frequency of contact.
It does mean that I have to operate a number of mailing lists but this is a small price to pay to lock customers into my products.
The majority of my customers (approx. 90%) join the '1-4 times a month list which is great as this means that I can contact them once a week with offers if I needed. This is a frequency that I feel is adequate to maintain the relationship between me and my customers as I am not seen to be spamming them but still seen to be offering products of interest to them.
It is also important to note that I do not always send out one mailing a week as it is dependent on the product you sell as to whether the customer would want to purchase once a week. i believe greatly in the relationship that I have with my customers and can see the long term benefits of maintaining this and therefore I refuse to jepordise it for a quick profit.
A point to remember, if they choose not to take the opportunity to join your list then do not keep emailing them. this is SPAM and will do no more than tarnish your company, website and products image in the eye of the buyer.
What I am saying is Think outside of the eBay box, eBay offers a massive opportunity in terms of potential customers and long term profits as opposed to short term profits.
How much would it cost to get the number of page views, that eBay listings get, on your website using your own traffic generating methods, use eBay and use it good.
Mike - Webmaster and eBay Power Seller
Online
Auction Trader - an eBay sellers bible.
MORE RESOURCES updated Mon. December / 30 / 2024 |
|
|
RELATED AUCTION INFORMATION ARTICLES:
eBay Auction Sellers Guide to Finding Hot Money Making Products You 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. Earn Money Now from Selling Childrens Items on eBay Kids Items You Can SellClothes, toys and videos are good money makers on eBay.Go to eBay and look up a "lot" of size six girl's cloths. Buying & Selling Gently Used Baby Clothing, Strollers, Toys, and Other Baby Items & Products on eBay Need Extra Money? Buy and Sell Your Gently Used Baby Clothing, Car Seats, Strollers, Toys, Books and Products on eBay! Hi Moms, So, you had your precious baby, and you couldn't resist -- all of those cute and beautiful baby dresses, rompers, suits, jean sets, christening gowns, onesies and unique designer baby clothes (like Tommy Hilfiger) that called to you when you were in the Gap, Old Navy, Osh Kosh or Little Me. Not to mention the countless baby clothes that relatives gave you that weren't quite your style, or too big or too small for your baby and still have the price tags on them, never worn. Drop-ship or U-ship: That is the Question For small Internet retailers, drop-shipping is one of the best innovations since sliced bread. How else can a start-up offer a wide variety of products and convince customers that they have a fully-stocked warehouse-while investing virtually nothing in inventory or warehousing? Before you jump right onto the drop-shipping bandwagon, however, there are some pitfalls to avoid. 6 Reasons Why an eBay Business is the Easiest and Safest Home Business to Start Calling internet auctions an "Entrepreneur's Dream" isn't poetic license or part of the get-rich-quick rhetoric. Net auctions are the simplest, easiest way on this planet for the little guy to make money. How To Cut Your eBay Fees By More Than 90% Now, are you ready for the REAL TRUTH about selling on eBay? It's simple; don't list too many items for sale using their auction format. Instead, set up one of their stores. Used Cars For Sale On eBay There are thousands of used cars for sale on eBay every single day. In fact, eBay Motors is the most profitable sales division on eBay and naturally there are many entrepreneurs who are interested in jumping into this market. Boosting Your eBay Auction Profits: Just Add Audio According to a recent report, adding audio to your eBay auctions could increase bids by as much as 22% over auctions without audio.A recent trend showing up on a lot of websites is the addition of an audio clip. The Powerful eBay Bidding Strategy That Claims A 99% Success Rate Don't you just love it? You've found that special item on eBay that you've just got to have! No If's Ands or Buts, you've got to win that item. You've checked and double checked the "End Of Auction" time and date and you're at your computer, signed in and raring to go at least 30 minutes before the auction ends. How To Sell On eBay: Pricing Strategy Many new eBay sellers make one of two mistakes: either they overprice items to an unsellable extreme; or they lose money on every transaction by setting low starting prices with no restrictions. In this lesson, I am going to go over which pricing strategies to use and when if you are using a ten-day auction setup. Why eBay Is The Best Place To Make Your First $1000 Online I'd like to begin with a question - and I'll bet the answer is going to surprise you (it sure did surprise me!).Q. Hurricane Katrina Donations Could be Many Millions More - eBay Sellers Try in Vain to Help Yesterday I saw a mention in someone's email ezine about a kind person who had an eBay auction with the proceeds going 100% to help victims of the horrible Hurricane Katrina.It struck a chord with me because I had wanted to set up something similar, but found that the "eBay Giving Works" charity program seems to be terribly flawed for us small sellers. The Effects of eBay on American Merchandising With one brilliantly simple idea, eBay was born just a few short years ago. From its humble beginnings in the Collectibles business, it went on to achieve the lofty heights it enjoys today. eBay After Sales - as Important as the Listing Itself Your eBay listing has finished and you have made a sale, now the next important stage starts - the after sales. Again we are aiming to develop the professional image or ourselves in the customers eyes to encourage them to come back to us again and again because it is easier to sell to a current customer than it is to a new customer. eBay And Dropshipping, A Marriage Made In Heaven? eBay is the 'BEST' opportunity you can use right now to make money online in the dropshipping business from the comfort of your own home. Thousands of people just like you use eBay auctions on a daily basis to sell and buy products on the Internet; now it's your time to START your own dropshipping home-based business and succeed in the eBay auctions 'game'! There are no special skills required for this dropshipping business, all you need is a computer, Internet access and some basic computer / Internet knowledge. A WIN-WIN Scenario On eBay For Buyer/Sellers: Tips For Hunting Want It Now Postings "Ask And You Shall Receive" Policy Works!You're one-of-a-kind baby clothes sat for the last month on eBay with no buyer. Why? Perhaps your item is so specialized that buyers have a hard time finding you. Do You Sell Tires By Mail? Maybe You Should eBay I just received an interesting email from eBay and it got me thinking.. Using Online eBay Auctions to Promote Your Website - Confessions of a True Traffic Junkie If you are looking for traffic to your e-commerce site, you should look no further than eBay. The reason for this is eBay is an online auction site that has a huge following and millions of hits on a daily basis. Drop Shipping Secrets and Sources Revealed Unfortunately for those just breaking into the wholesaling business, drop-shipping source information is jealously guarded. With a firm understanding of the service they offer, it isn't hard to see why. eBay and Dropshipping - A Perfect Fit! eBay and Dropshipping go together like a hand in a glove. As you read this article, right now, thousands of eBayers are running there own auction business.
|
||||||||
|
|
|
 |
|
Here
Find used office equipment in Ohio at www.OfficeJax.Has.It Find the best fleamarkets at www.FleaMarketWorld.Has.It Find electric powered vehicles at www.NoGas.Drives.It Surplus Outlet Directory 5th Avenue Flea market Find homes for rent
|
Surplus Overstock and used PET SUPPLIES buy arts and crafts supplies below wholesale in Akron, Ohio university of akron university housing available Find unclaimed freight in Akron Ohio
|
[Back to Top]
online shopping
Triplet jeweler's loop's
Akron crafts and hobby news center Advertising and promotions Akron, Ohio The Akron blogging news center Akron Ohio web site design news Akron Mortgaging and refinancing auction Akron Ohio auctions Akron Ohio
auction news and listings for Akron, Ohio Rosier's Auction
|
|
|||
|
