No matter how many times I see it happening, I'm
constantly amazed at the number of people who are
literally throwing money away by making incredibly
simple mistakes when they sell items in an online
auction.
Over the last seven years, I've been making a great
living buying and selling products on eBay and other
online auction sites, and I've perfected a technique
that pretty much guarantees anyone can start making a
profit right away. That technique starts with avoiding
mistakes like these -- mistakes I've seen people make
every day for those same seven years.
If you're doing any of these four things, you're
leaving money on the table with every single item you
sell.
* Listing an item at the wrong time. It's a proven fact
more buyers browse Internet auction sites on Sunday
evenings than any other time during the week. If your
auction is scheduled to end at any other time than
Sunday evenings (specifically between 9 p.m. and 11
p.m. Eastern time), you're not getting the maximum
exposure for your auction at a time when people are
most eager to buy.
* Not giving your photos the attention they deserve.
There are two common mistakes people make with the
photos they use to entice buyers on eBay. One is not
having enough pictures to accompany your item's
description. Over the years, I've learned pictures of
your item are one of the most important components of
your sales page. (There are many reasons for this, but
I don't have the space to go into much detail here.)
Multiple pictures from various angles will ALWAYS help
you get higher bids for your products. The second
mistake is not making sure the pictures are up and
running on whatever server you're using BEFORE you list
your item. How many times have you been browsing an
auction site and seen a blank box where a picture of
the item should have been? That's a seller who's losing
money because of a very simple, and very common,
oversight.
* Using "Las Vegas style" listings. I'm sure you know
what I'm talking about here. A Las Vegas listing is one
that uses all kinds of flashing animation, multicolored
text and other bells and whistles in an attempt to
entice bidders. In fact, it does just the opposite.
Listings like these are distracting, hard to read, and
will always discourage people from bidding, resulting
in a lower final sales price. The descriptions that you
give of your item on your sales page ARE NOT designed
to get a buyer's attention (you already have that if
they've clicked on your listing in the first place).
They should be designed to get someone to actually
place a bid.
* Using a reserve. Using a reserve to guarantee that
you'll get a minimum price for an item will absolutely
kill your auction. Trust me, I've seen it happen too
many times to not accept this as a given. In fact, I
often use other seller's auctions that have a reserve
as a way to pick up items at ridiculously low prices
that I can sell "the right way" for a huge profit a few
days later -- but that's a different article
altogether. For now, just realize that nothing scares
away potential bidders better than seeing the "Reserve
Not Yet Met" tag. If you're truly concerned about a
minimum price, simply set your starting price a little
higher.
John Reese has been actively involved with online
auctions and eBay since 1996. Mr. Reese has written
several articles on the subject and has recently
created the "Internet Auction Secrets" Video for
teaching others how to start, run, and manage a
successful online auction business from home.
His 2-Hour Step-By-Step Video comes with access to
a "Student's Only" web site where his students can
keep up with the latest tips, tricks, and techniques.
You can learn about how *you* can become one of his
students at: http://www.auctionsecrets.com
NOTE to Editors: Feel free to join our affiliate program
and substitute your own affiliate link for our URL in bio box.
Go to http://www.auctionsecrets.com/affiliatepr
ogram.html
NOTE2: You may run this article provided you run it with the bio
box intact. Please email a copy of your publication with article
in it to the author's publicist at ArticleDeptBill@rtir.com
"Who's Suzie?"My wife Katrina had been acting strangely ever since... Read More
EBay's online auctions have created business opportunities for thousands of... Read More
For just a moment, try to comprehend the power of... Read More
Ebay was only two years old when I discovered it.A... Read More
eBay offer an unbelievable amount of traffic for ANYONE wanting... Read More
Ok, let me just say right up front that I... Read More
If you've ever heard the expression "the devil is in... Read More
You've started your own eBay business and, even though it's... Read More
More and more people try their luck at selling on... Read More
Unless you have been hiding under a rock, I am... Read More
There has always been a fascination with royalty and as... Read More
For many people, their first experience of working online involves... Read More
Ebay is Perhaps the easiest and fastest way to start... Read More
Since their introduction several years ago, online auctions, such as... Read More
If you've studied business concepts you know that finding a... Read More
Since their introduction several years ago, online auctions, such as... Read More
Many people just getting started on eBay have reservations when... Read More
Ebay is without a doubt the greatest internet marketing phenomenon... Read More
Use eBay picture service or host your own photos?If you... Read More
Have you spent hours on the internet searching for a... Read More
As some of you know, I spent many years buying... Read More
Let me be brutally honest; until recently, I had never... Read More
Don't you just love it?You've found that special item on... Read More
If you sell in small niches as I recommend and... Read More
For small Internet retailers, drop-shipping is one of the best... Read More
Everyone's talking about eBay these days. With the frequency of... Read More
eBay is one of the world's largest market places with... Read More
If you have dabbled at all in the world of... Read More
eBay is a one-stop solution to any one who wants... Read More
If you are looking for traffic to your e-commerce site,... Read More
1. Include your ebay seller name, store, and website information... Read More
If you have not heard of Foamtemplates.com yet, home of... Read More
Did you know that eBay will help you locate products... Read More
"Who's Suzie?"My wife Katrina had been acting strangely ever since... Read More
Have you ever dealt with a salesperson or a waiter... Read More
You can find good deals on almost everything you need... Read More
For just a moment, try to comprehend the power of... Read More
Have you thought of using the online auction site eBay... Read More
Anyone can sell anything on eBay. Open an account, list... Read More
How Pop Culture collectibles can increase your Online Auction profitsWith... Read More
I was browsing through all of the classified sections, and... Read More
There has always been a fascination with royalty and as... Read More
Do you want to have a lot of auctions going... Read More
Just about everyone alive today has heard of E Bay.com,... Read More
On another forum I'm involved with, someone's asked a great... Read More
Shop at a flea market in Oaxaca, Mexico. Trade with... Read More
If you're like me, you probably hate packing and shipping... Read More
Inexperienced auction sellers, or those lacking in confidence, often want... Read More
Since their introduction several years ago, online auctions, such as... Read More
If I can do it you can.Let me tell you... Read More
The internet is packed with web businesses jockeying for the... Read More
This question has become one for the ages. There are... Read More
I am not sure how many people have had bad... Read More
As an ebay(TM) seller it happens very often (too often)... Read More
In 1995, when Pierre Omidyar introduced an online business venue... Read More
EBay is a great part or full time business. An... Read More
There are thousands of used cars for sale on eBay... Read More
Ok, let me just say right up front that I... Read More
Your eBay listing has finished and you have made a... Read More
Many people who sell on Ebay completely neglect the follow-up... Read More
A Dropshipper is someone who will anonymously send the goods... Read More
The way some auction sellers approach their auctions, it's clear... Read More
If you have all the money you need, then this... Read More
eBay is the 'BEST' opportunity you can use right now... Read More
An untapped online business resource--outside of your basic Yahoo and... Read More
Kids Items You Can SellClothes, toys and videos are good... Read More
Online Auction |