Good question. And almost impossible to answer accurately because the best selling item on eBay today may not be the same tomorrow. Or next week. Or next month.
So, how does an eBay seller figure out what the current hot sellers are on eBay? Glad you asked.
If you're goal is to be an eBay Power Seller, you've got to be flexible in your sales. What I mean by that is, you have to be able to roll with the trends.
For instance, if you're selling something seasonal like plastic Christmas trees, it would be a big mistake to buy 1000 of them in February. Unless you have an endless flow of money, you'll be stuck with a lot of your cash flow tied up in Christmas trees that you won't be able to sell until October.
That being said, how can an eBay seller find out what is currently in high demand? There are a couple of tools that eBay offers to help you out.
"What Sells?"
Go to your My eBay section and hold your cursor over the SELL link at the top right of the screen. A drop down menu will appear. Click on WHAT'S HOT.
You'll find a list that eBay predicts are hot at the moment. These predictions are based on eBay sales data, trade magazines, and industry experts.
They also list the categories that they are planning on promoting in emails and on their main page in the near future.
EBAY PULSE
Basically, ebay Pulse is where you can go to see what the most popular search terms are and what the most "watched" items are. The results are category specific, too.
Just go to their main page at pulse.ebay.com and click on the drop down menu titled CATEGORY. Choose a category and you'll immediately get the top ten searches and the five largest eBay stores in that category. And these are daily results. Almost as good as real time.
Couple these tools with some seasonal common sense and you're eBay business will grow faster and run smoother. What I mean by common sense is, if you find a great deal on ski jackets, but we're in May, go ahead and buy them, but don't list them on eBay until closer to ski season.
A tip within a tip: For those who don't have that huge cash flow to spend on huge lots of closeout deals (most of us), a good solution for you would be a drop shipper. That way you have a large variety of products available at any time during the year.
Quickly, a drop shipper is basically a wholesaler who will sell you one item at a time and ship it to any address you give them. You'd just list an item from their site, using their pictures, sell the item, collect payment from your buyer.
Friday, June 6, 2008
How to start on ebay
Are you fairly new to eBay business? Or is just planning to enter the world of eBay business and test its waters? You have nothing to fear. Here are simple startup tips for you, newbie.
Entering the eBay business means that you are setting up shop on eBay and become a seller. It is easy and risk-free. All you need to have is a computer, an internet connection and an inventory of items to sell. No startup costs are expected of you. Even if you're at home, you can monitor your eBay business easily enough. You can also do marketing online, right within eBay.
Starting out As a newbie seller, you have a fairly good chance of succeeding in the eBay business by starting out with items that you know and have experience with. Take it from the experts, when you start with products you are knowledgeable about, you are right on target regarding its value.
However, if the items you are supposed to start with do not fall in the line of your expertise, there's no cause for worry. You only have to research about the items you have to know their value.
There might be several odds and ends in your house that are fairly in good condition but not needed anymore. Or you might know of family and friends who have possessions they want to get rid of. You can also buy discounted products, seasonal and specialized items and crafts then resell them. The eBay business has no limit on what products you could sell, as long as there are buyers interested.
Have a photo, make a sale Once you have set-up shop in the eBay business, start the ball rolling by letting customers know of your merchandise. Do this by taking pictures of the products you are putting up for sale. The photo alongside your item listing is free. A 35-cent paid photo post of your product is offered by eBay - a scheme called Gallery. It works by having a thumbnail photo of your product along with its listing on the search results.
Be aware that most customers in the eBay business prefer to see the photo of the product for sale. Most often, your listing will get hits largely because of photo attachments. People need to know they are buying something that exists. You may find that once you upload more photos for each of your product listing, the demand for your products increases. Close-up and high-quality photos of your products are likely to bring you great sales outcome.
Price 'em right Upon seeing your product, the next thing potential buyers on the eBay business look up is the price. Note that in the eBay business, it is necessary to remind you not price your item too high, or else buyers may lose interest. With a reasonable starting price, you only need to have two bidders to set off a higher price.
The principle in the eBay business, with regards to setting up the starting price, is that the lower you set the price, the more potential buyers bid on it. You can even get them so attached to the item and inspire a need to be the bidder who gets the item.
For how long do you list up your product? As a seller, listing a product in the eBay business involves meeting qualifications to use one-day period listing and paying necessary fees for 10-day listings.
There are several factors to know how long you should list an item in the eBay business: - Longer period listing gives potential buyers more time to see your item and place bids - Listing depending on your selling volume. - Limited period of listing if you are selling products related to certain events.
Other things which sellers in the eBay business need to do to generate more profits: - Regularly checking out the hit list for your items to know if you are getting more traffic. More traffic means more buyers. - Have a detailed product description on your listing to minimize numerous buyer inquiries - Proper handling of payment and shipping.
Be aware that 3 out of 4 buyers on the eBay business prefer paying with PayPal. - Keep your buyers, happy and satisfied with your products and overall service. - Lastly, keep tabs on other eBay sellers' experiences in the eBay business for you to learn and succeed.
Did you find this article useful? For more useful tips and hints, points to ponder and keep in mind, techniques, and insights pertaining to eBay, do please browse for more information at our websites.
http://www.thegooglefund.com
http://www.googleatmcash.com
Article Source: http://EzineArticles.com/?expert=Prakashh_Singh
Entering the eBay business means that you are setting up shop on eBay and become a seller. It is easy and risk-free. All you need to have is a computer, an internet connection and an inventory of items to sell. No startup costs are expected of you. Even if you're at home, you can monitor your eBay business easily enough. You can also do marketing online, right within eBay.
Starting out As a newbie seller, you have a fairly good chance of succeeding in the eBay business by starting out with items that you know and have experience with. Take it from the experts, when you start with products you are knowledgeable about, you are right on target regarding its value.
However, if the items you are supposed to start with do not fall in the line of your expertise, there's no cause for worry. You only have to research about the items you have to know their value.
There might be several odds and ends in your house that are fairly in good condition but not needed anymore. Or you might know of family and friends who have possessions they want to get rid of. You can also buy discounted products, seasonal and specialized items and crafts then resell them. The eBay business has no limit on what products you could sell, as long as there are buyers interested.
Have a photo, make a sale Once you have set-up shop in the eBay business, start the ball rolling by letting customers know of your merchandise. Do this by taking pictures of the products you are putting up for sale. The photo alongside your item listing is free. A 35-cent paid photo post of your product is offered by eBay - a scheme called Gallery. It works by having a thumbnail photo of your product along with its listing on the search results.
Be aware that most customers in the eBay business prefer to see the photo of the product for sale. Most often, your listing will get hits largely because of photo attachments. People need to know they are buying something that exists. You may find that once you upload more photos for each of your product listing, the demand for your products increases. Close-up and high-quality photos of your products are likely to bring you great sales outcome.
Price 'em right Upon seeing your product, the next thing potential buyers on the eBay business look up is the price. Note that in the eBay business, it is necessary to remind you not price your item too high, or else buyers may lose interest. With a reasonable starting price, you only need to have two bidders to set off a higher price.
The principle in the eBay business, with regards to setting up the starting price, is that the lower you set the price, the more potential buyers bid on it. You can even get them so attached to the item and inspire a need to be the bidder who gets the item.
For how long do you list up your product? As a seller, listing a product in the eBay business involves meeting qualifications to use one-day period listing and paying necessary fees for 10-day listings.
There are several factors to know how long you should list an item in the eBay business: - Longer period listing gives potential buyers more time to see your item and place bids - Listing depending on your selling volume. - Limited period of listing if you are selling products related to certain events.
Other things which sellers in the eBay business need to do to generate more profits: - Regularly checking out the hit list for your items to know if you are getting more traffic. More traffic means more buyers. - Have a detailed product description on your listing to minimize numerous buyer inquiries - Proper handling of payment and shipping.
Be aware that 3 out of 4 buyers on the eBay business prefer paying with PayPal. - Keep your buyers, happy and satisfied with your products and overall service. - Lastly, keep tabs on other eBay sellers' experiences in the eBay business for you to learn and succeed.
Did you find this article useful? For more useful tips and hints, points to ponder and keep in mind, techniques, and insights pertaining to eBay, do please browse for more information at our websites.
http://www.thegooglefund.com
http://www.googleatmcash.com
Article Source: http://EzineArticles.com/?expert=Prakashh_Singh
Build a nich store
The Build a Niche Store is probably one of the most talked about website turnkey solutions online today and in this article, I am going to discuss why affiliate marketers love BANS sites. It doesn't matter if you are an experienced marketer or a complete novice, the Build a Niche Store Concept has been proven to be a solid money maker and the perfect solution for a turnkey business online.
If you have ever tried been shopping and did a google search for the product you were looking for, chances are you have run into a build a niche store without realizing it. You may have even seen something you liked and clicked the link only to be taken to ebay. Basically, a BANS site looks a lot like an auction site, with various items within a particular niche. From a technical standpoint, the build a niche store is typically nothing more than an ebay portal.
Why BANS site owners love Build a Niche Stores
Affiliates really love creating BANS sites and for more reasons than simply making money....
• Build a site is very quick and that means that an affiliate can build tens or hundreds of sites in just a matter of weeks- Building a BANS site is very easy because the content you place on your site is not really your content at all but a feed directly from eBay using certain search criteria. In other words, you do a little research and then do a search on eBay for your item, grab the RSS feed and you are done. Nothing is simpler and most affiliates can propagate a niche site with a hundred or so pages in as little as a couple hours.
• BANS stores have extremely high conversion rates- There are some BANS site owners that are producing 40-50% conversion rates. This is remarkable and the reason is simple. Most of the keywords are very targeted and are the ones that are used on the tail end of what the customer is researching. For instance, let's say someone wants to buy a dog collar. They may start with a search for dog collar...then petco dog collar....and finally black "brand name" dog collar. By catching the customer at the tail end of their research, you have a targeted customer that is looking for something very specific and guess what? Chances are if the price is right, then they will convert to become a buyer!
• BANS stores require very little research work and therefore the novice affiliate marketer can enter and instantly start to make money- Because the people who find your site are using very targeted long tail keywords, the chances of getting ranked high in the search engines are greater which in turn yields a higher payout in the long run.
• BANS stores can be run straight out of the box- There are very clear instructions that come with BANS stores making it extremely easy to follow even for those who don't know much about building a website. Someone who is completely new to BANS can get a site up and running in less than an hour.
• Because auctions are starting and ending every minute, your site is updating itself!- In other words, you can build a few pages in just a few minutes and set it and forget it. The BANS software does the rest. Because your site is constantly updating, the search engine spiders will live at your site and update your content for you. Basically, it is like having constantly updated content for your site!
The Build a niche store concept is absolutely a god send for anyone who wants to make money online but doesn't want to be weighed down by the usual work that it takes to build a site up. This makes BANS the perfect solution for either the experienced marketer who wants to add another money making element to their portfolio or a novice marketer who simply wants to make money online doing the least amount of work possible.
For even MORE information on BANS and why you should consider this, check out my BANS Review article here.
Article Source: http://EzineArticles.com/?expert=Leo_Dimilo
If you have ever tried been shopping and did a google search for the product you were looking for, chances are you have run into a build a niche store without realizing it. You may have even seen something you liked and clicked the link only to be taken to ebay. Basically, a BANS site looks a lot like an auction site, with various items within a particular niche. From a technical standpoint, the build a niche store is typically nothing more than an ebay portal.
Why BANS site owners love Build a Niche Stores
Affiliates really love creating BANS sites and for more reasons than simply making money....
• Build a site is very quick and that means that an affiliate can build tens or hundreds of sites in just a matter of weeks- Building a BANS site is very easy because the content you place on your site is not really your content at all but a feed directly from eBay using certain search criteria. In other words, you do a little research and then do a search on eBay for your item, grab the RSS feed and you are done. Nothing is simpler and most affiliates can propagate a niche site with a hundred or so pages in as little as a couple hours.
• BANS stores have extremely high conversion rates- There are some BANS site owners that are producing 40-50% conversion rates. This is remarkable and the reason is simple. Most of the keywords are very targeted and are the ones that are used on the tail end of what the customer is researching. For instance, let's say someone wants to buy a dog collar. They may start with a search for dog collar...then petco dog collar....and finally black "brand name" dog collar. By catching the customer at the tail end of their research, you have a targeted customer that is looking for something very specific and guess what? Chances are if the price is right, then they will convert to become a buyer!
• BANS stores require very little research work and therefore the novice affiliate marketer can enter and instantly start to make money- Because the people who find your site are using very targeted long tail keywords, the chances of getting ranked high in the search engines are greater which in turn yields a higher payout in the long run.
• BANS stores can be run straight out of the box- There are very clear instructions that come with BANS stores making it extremely easy to follow even for those who don't know much about building a website. Someone who is completely new to BANS can get a site up and running in less than an hour.
• Because auctions are starting and ending every minute, your site is updating itself!- In other words, you can build a few pages in just a few minutes and set it and forget it. The BANS software does the rest. Because your site is constantly updating, the search engine spiders will live at your site and update your content for you. Basically, it is like having constantly updated content for your site!
The Build a niche store concept is absolutely a god send for anyone who wants to make money online but doesn't want to be weighed down by the usual work that it takes to build a site up. This makes BANS the perfect solution for either the experienced marketer who wants to add another money making element to their portfolio or a novice marketer who simply wants to make money online doing the least amount of work possible.
For even MORE information on BANS and why you should consider this, check out my BANS Review article here.
Article Source: http://EzineArticles.com/?expert=Leo_Dimilo
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