Wednesday 15 August 2007

Top Ebay Business Secrets Revealed

Ten million-let me say that number again-over ten million people
visited the Ebay website last month. With everything from online
auctions to drop shipping opportunities, the Ebay business website
has something for everyone. If you are thinking about joining in on
the hysteria and trying to make your fortune with an Ebay business
of your own, here are some of the best things you can do to maximize
your chances for success.

Do Your Homework

To begin with, you want to know as much as possible about the items
you plan on offering on the Ebay auctions. This not only helps you
create more interesting descriptions, but it also helps when trying to
answer the barrage of questions that inevitably fly at you from
potential buyers. The more knowledgeable you appear, the more
likely you are to make a sale!

You also need to know if there is actually a market out there for
what you are planning to sell. While you might occasionally hear
about some off-the-wall item commanding big money at auction,
these are the exceptions and not something to base your Ebay
business upon. Run a search on the item and see how many items
for that keyword come up to get an idea about your potential market.
Chances of success are poor if no one else is selling a similar item.


Keywords and Descriptions Will Make or Break You

People find their way to Ebay auctions by using keywords to find
the items they want. Your listing will use keywords to draw people
in to bid on your item. If you try employing a keyword that no one
uses, then who will come to bid on your item?

There are websites out there that will allow you to type in a keyword
and see how many people used that keyword in the past month.
These sites are free and a great way to test the keyword you intend
to use. Just go to any search engine and type in "free keyword selector
tool" and a number of sites will come up offering help finding the perfect
keyword to attract people to bid on your item.

Once you have the people coming in to look at your item you are
going to need a great description in order to get them to actually bid.
If you are not the best writer but are serious about succeeding with
your Ebay business, you may want to consider hiring a freelance writer
to compose stunning descriptions that will awe people into bidding on
your item. But, by doing your homework, it is usually possible to write
a great description simply by being knowledgeable about the item and
simply conveying some of that knowledge in your description.

Post Items During "Hot Periods"

Anyone serious about succeeding with their Ebay business needs to
know when to post items and when to hold onto them. Online auctions
offering leather jackets in July may solicit a few bids but they will
obviously be lower than they would be had the item been posted in late
fall or early winter. If you have an odd item and are not sure what the
best time would be to post it on Ebay auctions, try searching for the
item on the Internet. Find out what the current buzz is or whether
there is any for your item. Also, try finding other sellers on the Ebay
business site offering the same item. If you find a lot of people selling
the same item now, then clearly it is a good time to post. Timing can
really make a difference in the final price you receive for your item.

Now there are of course other things you need to do if you want your
Ebay business to succeed such as: post the item in the right category,
make buying easy by offering a number of payment options, and keeping
your shipping costs to a minimum. All of these are essentials to a
successful Ebay business but are not likely to have the same effect upon
your chances of success like the other ideas mentioned earlier.

There is no doubt that Ebay auctions are a great way to make some
serious money. By doing your homework, using the right keywords
and descriptions, and by posting during the hot periods for your items,
you significantly increase the odds of your Ebay business succeeding
and making all of your financial dreams a reality. So what are you waiting
for? Start doing your homework now!

Jason James is a 10 year Internet marketing veteran and an eBay Seller
of 4 years. His website "The Auction Resource Network" reveals his inside
secrets, tips, and sources that help him pocket over $10,000 per month on
eBay. His proven step-by-step system shows even users with little or no
business experience how they too can make huge profits selling products
at online auctions.

2 comments:

Unknown said...

Wow! Its wonderful to know that as far as Secrets Business on Ebay is concerned one needs to know as much as possible about the items. Create more interesting descriptions. The more knowledge you appear, the more likely you are to make a sale. Further, you also need to know if there is actually a market out there for what you are planning to sell.

the7thpwr said...

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