Wednesday, May 12, 2010

Best Practices for Selling on eBay by Shopster

Article from the Shopster Blog

Best Practices for Selling on eBay

Whether you are just starting your eBusiness and are new to using drop shippers to sell on eBay, or if you are an old hand at selling online; test out the following tips and watch your sales sky-rocket!

Research

Before you list a product, confirm what other products have sold for. Search completed listings and Terapeak (eBay marketplace research solution) for pricing and other eBay info to increase your sales success.

Pricing

Spend some time learning pricing strategies. The bottom line with pricing is you need to create buzz around your item/listing. You need to price the item low enough to get people excited about what you’re selling, but high enough you are not undercutting your profits. Looking at completed auctions (and Terapeak) for historical pricing data prior to setting your opening bid is a savvy way to figure out your starting bid price.

Selling Formats

eBay has many different selling formats. Fixed price listings, auction style, etc. Learn about them, learn the pros and cons of each and then make a decision on which format works best for your niche. If in doubt, experiment and see what works best for you.

Merchandise your item

When building your eBay listing make sure you have created an eye-catching title. Have an effective and well-written product description and a clear photo of your product. Put yourself in a buyer’s shoes - buyers click and purchase items that grab their attention, so it’s important to spend the time and showcase your product to the best of your abilities!

Customer Service

The key to having a successful eBay business is customer service. Make yourself available to answer customer questions and queries. Good customer service will help you close sales and encourage repeat business. Don’t forget to ask for feedback either. Learn how you can better service your customers next time around – they’ll appreciate the thought and be more likely to buy again from you.

Shopster is an eBay Certified Solutions Provider providing additional product and inventory for eBay sellers through drop shipping. Shopster has customers in 22 countries and provides full service drop shipping to both the United States and Canada.

No comments: