List at the Right Time
It doesn't make much sense to list an item at 4 AM and have it run for 7 days. It will end at 4 AM and most likely you will get less bids simply because people are usually sleeping at 4 AM. The best days to list are Sunday and Monday, around 9 or 10 PM Central time, for that is when there has been a weekend before it. Also, at that time people are most likely at home and can easily check eBay.
Don't List Too Many of the Same Items At Once
Basic economics tells us that the greater the supply, the lower the price that you can expect to profit from. If you have a whole bunch of beanie babies you want to sell, it would be better to sell just a few different ones every week rather than list all of them at once.
Offer to Combine Shipping
This will encourage people to buy more than one item from you. Don't hurt yourself by giving too much of a discount, however.
Offer To Ship Internationally
The world is a big place and by providing that option you may be surprised and learn more about the world while you are at it.
Take Nice, Clear, Neat Pictures
People like to see what they're buying. A picture can either help you sell it or turn away people. You don't want to take a picture that looks messy and has random stuff thrown around the item.
Figure out Exactly How Much Shipping Will Cost You
Don't guess the shipping price. Either overestimate a little bit or figure it out exactly. If you are selling an item you know that many people will see, offer Free Shipping to entice people.
Start Auctions Out Low If You Know Many Will See
If you are selling a popular item you can start out an auction at 99 cents and not worry too much. Another option is to start it out very low and set a Reserve Price just in case.
Give Thorough Descriptions and Be Honest
People will appreciate your honesty and will trust you more. This will help your feedback also. Ebay has updated their feedback system now to include detailed ratings, so you should be alert about the issues.
Published by Oodles
I am a 26 year old guy in college, and I'm majoring(graduate school) in Computer Science. Raised in the Big Easy(New Orleans). I love basketball & fishing & the great outdoors, yep. I also enjoy learni... View profile
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4 Comments
Post a CommentGreat tips Oodles! Thank you for posting them :)
very good tips thanks
Great tips.
Nice tips! Helpful information.