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eBay: No Way? Yes Way (Ten Seller Themes)


Hearing that there are more than 1.2 million registered eBay users, that more than 25,000 members make five figure income as full time eBay entrepreneurs, and that more than 250,000 part timers make several thousand dollars a year of supplementary income from eBay enterprises would make anyone comment in disbelief with, "No Way". But the correct response to this is, "Yes, way." In fact, it has also been reported that the number one eBay entrepreneur makes over a million dollars a year. As Austin Powers would say, "Yeah, Baby." Or should we say, "E-Baby."

So what's the deal with eBay, anyway? There is a lot more to it than one would think. It can be simple for an occasional buyer, but it gets increasing complex as users/sellers become more entrenched at deeper levels of use. Here are 10 key ideas or themes for sellers to consider about this phenomenon called "eBay".

1. What 's for sale? While some sellers are out scavengering the garage sales and their own garages, others are purchasing quantities of items wholesale to put up for auction. One would think that the right product is of paramount consideration, and most sellers agree that the unusual or the hard to find is the best bet. However, this is not always true either. Timing, meaning the right person at the right time seeing your item, is where it is at. You have to be visible and be out there with a clear message or product that seems like a steal, or at least reasonably priced. With the thousands and thousands of items for sale, there is no shortage of competition. However, the good thing is that there are a lot of buyers out there that should enable the sale of just about anything.

2. Communication and descriptive details about your product is a key in getting noticed. The description of your item and the pictures to display it will get the buyer's attention. If a person is a serious seller, having an adequate digital camera is a must. Again, photos are extremely important.

3. The well written detailed description to accompany the item is of great benefit. Being open and honest about the item will demonstrate integrity as a seller and will keep people coming back. Being available to answer questions for prospective buyers and remembering to be courteous and helpful follows along with the never-to-be forgotten premise of "the customer is always right."

4. With customer feedback being a key element in the ratings statistics that will promote you or haunt you during your eBay career, it is important for a seller to be professional and kindly in all business dealings. People like and appreciate personal attention. Take the time to give it. Being positive, accommodating and helpful is a winning combination for good customer relations.

5. Shipping information and how you present it can win over a customer because they notice when a buyer is tying to take advantage and ask an unreasonable amount for shipping. Of course, a seller must take into account time spent, the handling charge, when pricing the shipping. Time is money, and a seller should be compensated for all aspects of the service that is provided.

6. Some advice about setting up your auction items would be to consider having your item run seven days with an end of bidding time somewhere between 7 PM and 9 PM on a Sunday night. That seems to be the consensus amongst the top sellers. There has been much dialog on just how to increase the amount and number of bids, but there are too many variables to consider. Suffice to say, it really does depend on the product itself (and what the condition and competition is our there).

7. Some of the most unique aspects of selling have to do with the seasonal items that permeate the auction block at certain times of the year. If a seller wants to work year-round, he or she will have to broaden the horizon by finding seasonal items for all seasons. Yes, you can sell Christmas items and move right into Valentines Day and Easter and so on. Why not? These are what people are looking for.

8. One controversial topic is drop shipping. If a seller is getting a product from a third party, drop shipping is a convenient way for the seller to deliver the product. It keeps them out of it. However, that means that a back ordered item could result in a poor rating for the seller because the item was delayed. Most buyers picture the item in the hands of the seller and expect to receive it within a few days. The pros and cons of this arrangement need to be carefully considered.

9. Now to the fun part. How do you get the money? More and more people are using PayPal. It is quick, efficient and simple. A seller can make other arrangements and accept a check or money order, but the wave of the future is setting up an account with PayPal. In addition, setting up an online account with the United States Postal Service will also save countless hours in the lines at the post office. Work smarter, not harder, etc., etc.

10. A seller can look at other things to sell besides a physical product or item. Many are getting into self publishing or offering a service. Some expanding entrepreneurs are opening up a consignment shop situation, which helps those who want to sell but "don't do computers." The possibilities are unlimited.

Selling products and services from a home-based business can be an exciting, and hopefully profitable, situation. Go into it with a solid plan based on accurate information and with the knowledge that it is going to be hard work, just like any other job.

For more on eBay selling and using online auctions visit the How To Sell On eBay Resource Page located at http://www.sbmag.org.

Copyright usage: No permission is needed to reproduce this story. The About the Author statement with hot links must remain in tact. Request for reciprocal links will be considered. mailto:[email protected]

About the Author
Barbara Snyder is a retired California Distinguished School Principal and Coordinator For Human Resources. She has a master's degree in Curriculum and Instruction. She holds elementary education, secondary, community college, and administrative credentials. She is currently the publisher of http://EducationResourcesNetwork.com, co-publisher of Strictly Business Magazine, http://www.sbmag.org.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Sat. February / 27 / 2021

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Selected Western livestock auctions | Livestock Auctions  Capital Press

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Lakeside Inn and Casino Auctions Off Everything Inside  KTVN

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St. Louis County to hold online auction of waterfront properties  Duluth News Tribune

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Effects of Transporting Cattle on Auction Prices  Drovers Magazine

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Bonnette Auctions announces March 6 auction  KALB

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After chaotic auction, Doernbecher halts bidding in Nike (NYSE: NKE) charity event - Portland Business Journal  Portland Business Journal

Minnesota priest auctions off baseball card collection for charity - CNN
Minnesota priest auctions off baseball card collection for charity  CNN

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StockX Auctions a Pair of Láolú Sneakers to Raise Money for Lena Waithe’s Charity  Adweek

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Government Auctions to Boost Colombian Non-Conventional Renewable Energy  Fitch Ratings

Oceanfront Bermuda Estate with Boat House Heading for Auction - Mansion Global
Oceanfront Bermuda Estate with Boat House Heading for Auction  Mansion Global

MLCS Mini Jubilee Jewelry Online Silent Auction - MyMotherLode.com
MLCS Mini Jubilee Jewelry Online Silent Auction  MyMotherLode.com

City of San Angelo Online Auction Under Way - San Angelo LIVE!
City of San Angelo Online Auction Under Way  San Angelo LIVE!

Massive 242-carat diamond expected to sell for $2 million at auction - KIRO Seattle
Massive 242-carat diamond expected to sell for $2 million at auction  KIRO Seattle

Bethesda Auctions Chance to Design Starfield Character for Charity - IGN - IGN
Bethesda Auctions Chance to Design Starfield Character for Charity - IGN  IGN

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UGA great Jake Scott’s memorabilia bringing big money at auction  Atlanta Journal Constitution

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Sheku Kanneh-Mason auctions off private concert for Music Masters charity  The Strad

Treasury Makes History With First Two-Year Note Auction Premium - Bloomberg
Treasury Makes History With First Two-Year Note Auction Premium  Bloomberg

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Annual fur auction moves online for 2021; set for March 1 to April 9  Ontario Argus Observer

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10-year Treasury yield surges above 1.50% after 'awful' debt auction  MarketWatch

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Part I: How auto auctions navigated a Texas-size winter storm  Auto Remarketing

Massive 242-carat Russian diamond heads to auction block - New York Post
Massive 242-carat Russian diamond heads to auction block  New York Post

Black History Night Auction Featuring Special Warmup Jerseys Now Open - Washington Captials Web Site
Black History Night Auction Featuring Special Warmup Jerseys Now Open  Washington Captials Web Site

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FCC Announces $81 Billion Auction of Spectrum  Morning Brew

Brazil approves 5G auction notice - ZDNet
Brazil approves 5G auction notice  ZDNet

Benefits of in-person used-car auctions remain clear - Automotive News
Benefits of in-person used-car auctions remain clear  Automotive News

REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5% - Reuters
REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5%  Reuters

This Auction Organized by Alex Papachristidis Is Full of Design Treasures - Architectural Digest
This Auction Organized by Alex Papachristidis Is Full of Design Treasures  Architectural Digest

Rarely seen Van Gogh painting exhibited ahead of auction - Associated Press
Rarely seen Van Gogh painting exhibited ahead of auction  Associated Press

Concordia creditors do battle as campus slated for June foreclosure auction - OregonLive
Concordia creditors do battle as campus slated for June foreclosure auction  OregonLive

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Hundreds of Colorado self-storage units up for auction during pandemic  The Denver Channel

Collector car auction coming to State Farm Stadium in March - KTAR.com
Collector car auction coming to State Farm Stadium in March  KTAR.com

Logbook Signed by Martin Luther King Jr. in Birmingham Jail Breaks Auction Record - Hyperallergic
Logbook Signed by Martin Luther King Jr. in Birmingham Jail Breaks Auction Record  Hyperallergic

ICE publishes auction calendar for UK's new Emissions Trading Scheme - Business Wire
ICE publishes auction calendar for UK's new Emissions Trading Scheme  Business Wire

Tom Brady rookie card skyrockets in auction - WLNE-TV (ABC6)
Tom Brady rookie card skyrockets in auction  WLNE-TV (ABC6)

Verizon and AT&T dominate spectrum auction, spending combined $69 billion - Ars Technica
Verizon and AT&T dominate spectrum auction, spending combined $69 billion  Ars Technica

22 horses, donkeys rescued from Cookeville auction and possible slaughter pipeline - WKRN News 2
22 horses, donkeys rescued from Cookeville auction and possible slaughter pipeline  WKRN News 2

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John Carmack proposes GPU and console auctions to beat scalpers  The Verge

Top 10 World Coin Highlights of Künker's January Rarity Auction - CoinWeek
Top 10 World Coin Highlights of Künker's January Rarity Auction  CoinWeek

St. Rose school's online auction, fundraising week to wrap up Saturday - Longview Daily News
St. Rose school's online auction, fundraising week to wrap up Saturday  Longview Daily News

Van Gogh painting not seen for 100 years set for auction - CNN
Van Gogh painting not seen for 100 years set for auction  CNN

Lessons from spectrum auctions: Entner | FierceWireless - FierceWireless
Lessons from spectrum auctions: Entner | FierceWireless  FierceWireless

Presidents' Day Auction Offers Abraham Lincoln's Hair and Other Oddities - The New York Times
Presidents' Day Auction Offers Abraham Lincoln's Hair and Other Oddities  The New York Times

Radwood's Auction Site Opens Next Week, Here's What to Expect - The Drive
Radwood's Auction Site Opens Next Week, Here's What to Expect  The Drive

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NFT Art Goes Viral and Heads to Auction — But What Is It?  Hyperallergic

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Shuttered Lakeside Inn, a favorite haunt of Tahoe locals, now selling off inventory  Reno Gazette Journal

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Station wagons from Ford family's personal collection up for auction - Detroit Free Press
Station wagons from Ford family's personal collection up for auction  Detroit Free Press

Bid on this unique Star Wars toy: A floating Baby Yoda from Disney+ series 'The Mandalorian' - USA TODAY
Bid on this unique Star Wars toy: A floating Baby Yoda from Disney+ series 'The Mandalorian'  USA TODAY

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Tivoli Theatre's online auction provides funds for live shows  Front Page

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Former member buys South Dakota polygamous sect compound at auction  Casper Star-Tribune Online

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Sotheby’s to Auction Art From Texas Heiress’s Estate  The Wall Street Journal

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Local News In Brief: Charity auction extends deadline  The Independent

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NAEC's NEXT receives $27.5 million from FCC auction  ktlo.com

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TAM VIRTUAL AUCTION | Calendar | kpvi.com  KPVI News 6

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Sotheby's Auctions Botticelli 'Young Man' Painting for $92.2 Million  The New York Times

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Who wants a fire truck? City of San Angelo auction opens, taking bids on 57 items  Standard-Times

'Extraterrestrial crystal ball' hits the auction block at Christie's - Livescience.com
'Extraterrestrial crystal ball' hits the auction block at Christie's  Livescience.com

Take Home a Champion: Race-Winning Corvette C7.R Up for Auction - imsa.com
Take Home a Champion: Race-Winning Corvette C7.R Up for Auction  imsa.com

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Texas ranch heiress' art collection going up for auction  Associated Press

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St. Louis County's online land auction nets $764,000 in sales - Duluth News Tribune
St. Louis County's online land auction nets $764,000 in sales  Duluth News Tribune

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Barrett-Jackson’s car auction coming to Las Vegas in June  Las Vegas Review-Journal

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Historic Philly newspaper with iconic 'Unite or Die' masthead up for auction  PhillyVoice.com

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IPL 2021: Schedule, Date, Auction, Team List, Complete Squads, Venue  Cricket Addictor

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OBS Equine Artwork Auction to Benefit Charity  BloodHorse.com

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Legend Rare Coin Auctions Regency 43: Lots You Need to Know  CoinWeek

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Auction House Suspends Sale of 19th-Century Jewish Burial Records  The New York Times

Southgate Crossing holds weekly auction - WNDU
Southgate Crossing holds weekly auction  WNDU

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Target Auction Company Announces Auction Sale of a Luxury Estate on 6.5± Acres in Tupelo, Mississippi on March 18th  leader-call.com

Cold War Relics Auction - KTLA
Cold War Relics Auction  KTLA

Auction ends for Watertown’s heavy rescue fire truck - WWNY
Auction ends for Watertown’s heavy rescue fire truck  WWNY

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Sydney auctions: West Pennant Hills house sells for $2.072m  Domain News

FCC Reveals Its C-Band Auction Winners - Radio & Television Business Report
FCC Reveals Its C-Band Auction Winners  Radio & Television Business Report

Most Valuable Company Profile: Auction.com - DSNews - DSNews.com
Most Valuable Company Profile: Auction.com - DSNews  DSNews.com

DC's Superhero Auction Featured Comics Most Twisted Weapons - Screen Rant
DC's Superhero Auction Featured Comics Most Twisted Weapons  Screen Rant

Sotheby’s Christo Auction, Part 1, Nets $9.8 Million - The New York Times
Sotheby’s Christo Auction, Part 1, Nets $9.8 Million  The New York Times

Kid Lit Community Launches Auction To Help Combat Anti-Asian Racism | News Bites - School Library Journal
Kid Lit Community Launches Auction To Help Combat Anti-Asian Racism | News Bites  School Library Journal

Farmland Insider: Kansas auction of 10900 acres sells for $38 million - Successful Farming
Farmland Insider: Kansas auction of 10900 acres sells for $38 million  Successful Farming

Capitals to celebrate Black History Night with special jersey auction - NBC Sports
Capitals to celebrate Black History Night with special jersey auction  NBC Sports

Phil Collins' Ex Orianne Selling Designer Bags, Memorabilia at Auction - inTouch Weekly
Phil Collins' Ex Orianne Selling Designer Bags, Memorabilia at Auction  inTouch Weekly

Contemporary New Build in Mallorca Heads to Auction - Mansion Global
Contemporary New Build in Mallorca Heads to Auction  Mansion Global

Under the Hood: Carroll Shelby’s ‘Cobra to End All Cobras’ Is Coming to Auction—Again - Robb Report
Under the Hood: Carroll Shelby’s ‘Cobra to End All Cobras’ Is Coming to Auction—Again  Robb Report

Priest plans to auction coveted baseball cards to aid low-income students - Catholic News Service
Priest plans to auction coveted baseball cards to aid low-income students  Catholic News Service

What Investors Want to Know: US C-Band Auction Impact and Rating Horizon - Fitch Ratings
What Investors Want to Know: US C-Band Auction Impact and Rating Horizon  Fitch Ratings

Auction starts for all Lakeside Inn memorabilia and contents - South Tahoe Now
Auction starts for all Lakeside Inn memorabilia and contents  South Tahoe Now

Woodlake Fetches $3.5M at Auction, Setting Stage for Local Ownership - Southern Pines Pilot
Woodlake Fetches $3.5M at Auction, Setting Stage for Local Ownership  Southern Pines Pilot

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