Showing posts with label ebay stores. Show all posts
Showing posts with label ebay stores. Show all posts

Friday, January 16, 2009

Introducing EBay Stores

Imagine a storefront all your own, where buyers could go to browse through your merchandise. Your items could be displayed for a month, or even indefinitely. Low cost bulk items for which individual listing fees wouldn’t be economical could reside in the store until you removed them. You could have control over hundreds or even thousands of listings, plus image hosting and customizable pages. All of this can be had by opening an Ebay Store.

Ebay stores are a good solution for bulk sellers who don’t want to spend their money on recurring listing fees. Sellers of antiques, collectibles, and other slow-moving items will benefit from the Ebay stores’ “Good ‘Til Canceled” feature. This allows you to list items indefinitely, subject to listing fees every thirty days. If you anticipate that your goods will take some time to sell, it could be worth your while to use an Ebay store rather than traditional auction listings.

Ebay stores also come with a host of features that allow you to manage your listings, host your images, customize your pages, and market via e-mail. At the time of this writing, a basic Ebay store costs $15.95 per month. Basic Ebay stores come with five pages, 300 product categories, 1MB of image hosting space, and built-in ways to promote your store. The Premium and Anchor store subscriptions cost more, but offer more features and space.

The Markdown Manager is a popular feature. Ebay sellers who use the manager can offer their products at discounted prices. Of course, this is a great way to attract the attention of buyers, or to clear out items that haven’t performed as well as anticipated. Ebay stores also offer sellers the choice of putting their store “on vacation”. That is, when sellers won’t be able to manage their items for whatever reason, the store can be taken temporarily offline until the seller returns. This feature is convenient and helps prevent Ebay sellers from feeling like they are chained to their computers.

Ebay encourages store-based merchants to think outside the auction block when promoting their stores. Ebay recommends e-mail marketing to keep in touch with your buyers through messages and newsletters. Promotional flyers can be created and included with shipments. Blogs and other web sites can be used to showcase Ebay store, thanks to marketing widgets. Keyword managers make sure your store will get a good page rank in search engines.

And the list goes on. There are far too many Ebay store benefits to list here. For full details, visit http://pages.ebay.com/storefronts/subscriptions.html.

Ebay is a marketplace for the 21stCentury, but some of the old rules still apply. Sellers must first grab the attention of buyers. The products must be superior to (or less expensive than) those offered by competitors. And customer service is still paramount. With Ebay stores, online sellers have a convenient way to achieve their goals.

Friday, January 09, 2009

70 year old grandma imprisoned for selling illegal lead-tainted baby sweaters


"We interrupt this program for an urgent announcement..."

For the last several weeks I have been showcasing eBay selling as a way to make money from home, as it has been for me for the last ten years.

Imagine my horror when I learned of new legislation that could trash your new eBay career before it even begins!

And mine.

On Feb. 10, parts of the Consumer Protection Safety Information Act are set to take effect. The law, which was passed without fanfare during the summer as a response to the flood of products recalled for unsafe lead levels at that time, requires stringent lead testing for all products sold to children 12 and younger. The standards also require testing for toxins found in some plastics. For clothing items, the problem might be buttons, snaps, zippers or other fasteners.

Did you catch the "ALL" in "all products?"

At least for now, that includes one of a kind wooden toys produced by crafters worldwide, those cute little baby booties your mother-in-law makes when someone has a new baby, the gently used children's clothes you were planning to try to sell over at the consignment shop, and any other kind of new or used product aimed at children sold on eBay, Craigslist, Half.com, and countless numbers of free classified ads in newspapers and newsletters and bartering clubs nationwide.

Did I mention the thrift shops who are the beneficiaries of your donated toys and clothing to Vietnam Veterans of America or other charitable groups?

At a time when downsized and desperate American families are flocking to thrift stores and consignment stores to save money, and attempting to sell prized collections to make money, it is incredible that in a matter of a month, your daughter's prized collection of "new-in-box" Barbies that you were expecting to liquidate towards her college tuition will be worthless fodder for the landfill.

According to KVUE-TV in Austin, TX. Adding to the confusion and frustration is the fact that the U.S. Consumer Products and Safety Commission is not returning calls or e-mails to the countless re-salers and even journalists who have tried in vain to get clarification on what the law means to garage sales and how it will be enforced.

Here are some other articles that will give you more information about the ramifications of this law, from -
Etsy.com
St. Louis Today
Cool Mom Picks
Seibertron.com-Ultimate Transformer's Resource
KVUE-TV Austin, TX
LA Times
Moms in the Right

The LA Times article notes, "Many retailers and thrift stores appear to be unaware that the law is changing. Of half a dozen Southern California children's thrift stores contacted by The Times, only one had heard of the law. Organizations such as Goodwill say they're still investigating how the law will affect them because there is so much confusion about what will be banned."

It is important for us to contact our lawmakers and the minions at the Consumer Protection Agency while there is still time to comment and get some straight answers about the scope of this law.

UPDATE: Good News for Thrift Stores!

The Consumer Product Safety Commission released a statement today which said, "Sellers of used children’s products, such as thrift stores and consignment stores, are not required to certify that those products meet the new lead limits, phthalates standard or new toy standards."

eBay stores, however are NOT out of the woods. World Net Daily reports:

The act's broad wording could extend to new children's items sold on eBay, Craig's List, Amazon. Critics also say landfills will be hit hard if stores, distributors and families simply throw their untested items away rather than face prosecution. And clothing, toys, furniture and books at large retailers could become more expensive to cover third-party testing costs.

Thursday, January 08, 2009

Find Your Niche Market on Ebay

Many of us dream of working from home by selling products on Ebay. But what would we sell? And how would we know if a market exists for the items we have? To avoid listing items that nobody wants, or items within an already flooded market, some research is in order. The goal of this research is to find your niche on Ebay.

Many Ebay sellers provide their goods within one niche. Others have a handful of niches that they specialize in. The key is to find a group of products that you're already familiar with. Perhaps you've been a collector of antiques for many years. If so, you probably know when you come across an item that could potentially sell for a good amount of cash. Likewise, you have a good idea of which items are likely to collect dust on your shelves. You can put this knowledge to work for you on Ebay. Your expertise with antiques gives you an edge over many competitors.

Once you have a good idea of the niche you wish to fill, it's time for the second half of your preliminary work. Start a spreadsheet that lists the different types of items you would like to sell. Then add a monetary value to each entry. This reflects how much you can expect to purchase the item for. Be realistic; you want to lay out an accurate portrait of how much money you will be spending to build up your inventory. Optimism won't help in this circumstance.

Expand your spreadsheet to include other niche markets, just in case. These can be items you enjoy working with, have expert knowledge of, or something you've always had an affinity for and think you could be successful with. Remember: no matter what your niche is, someone will buy from it as long as you list quality items at reasonable prices. Estimate the initial cost of each item, including shipping and sales tax. Then prepare to immerse yourself in Ebay as your research begins in earnest.

Go to Ebay and search through the completed auctions. This allows you to see the actual price that items similar to yours have sold for. Is the average price something you could live with? Remember to factor in shipping costs. Also, pay attention to the quality of the sold items when deciding whether this niche is something you wish to pursue. Items in “mint” or “like new” condition will bring considerably higher prices on Ebay than worn, scuffed items.

Now reflect on your findings. Did the completed Ebay auctions fetch your target price, or were the closing bids uniformly low? Did any of the items fetch a surprisingly high amount? If you were unimpressed by your findings, go back and consult your spreadsheet; it’s time to start researching another niche.

If your observations were mostly positive, you may have found your Ebay niche already. In that case, go out and start building up your supply. Don’t go overboard; you’re still in the testing phase. Purchase a dozen or so items at fair prices. Then list them on Ebay.


For many sellers, waiting is the hard part. But you’ll need patience for this phase of your niche-finding project. Monitor your listings and see how they perform. If they do well, you can build up your stock even more and increase your listings. If they don’t quite live up to your expectations, you can go back to square one. Pick another niche from your spreadsheet and start researching it.

The key to finding your niche on Ebay, as with many challenges in life, is simply to never quit. If you have a wide variety of interests, you’re more likely to find a profitable niche that you will enjoy filling. Think of all the things you enjoy doing, making, or collecting. Then come up with a list of ten items related to each. This sort of brainstorming is a sure-fire remedy for pushing past your seller’s block. Let your imagination roam, and you’ll carve out your Ebay niche in no time.

Tuesday, January 06, 2009

Make Money Selling Antiques On EBay


It’s been said that antiques and collectibles are some of the hardest items to start selling on Ebay. It’s also known that these items have potential to become the biggest sales. So what should an Ebay newcomer know before they list their first antique or collectible for auction?

First, the market for antiques and collectibles is a slow moving market. If you need to turn a fast profit, you would do better with seasonal, general, or limited lifetime items. Ebay is a wonderful marketplace for antiques and collectibles, but these items aren’t usually fast sellers. This is because there is such a limited supply of rare items, coupled with the fact that demand is also limited to people who both want and can afford the items. As you can see, you should prepare for certain antiques and collectibles to be with you for a long time before the right buyer comes along.

Another obstacle for new Ebayers is the high buy-in cost of an antique business. This merchandise doesn’t come cheap. Furthermore, finding a great deal on a rare item has a lot to do with luck and connections. Merely wanting to be an antique dealer isn’t enough. You need to have a passion for, and strong knowledge of, your merchandise. To offset the high cost and limited sales potential of antiques and collectibles, use a variety of sales channels. Listing on Ebay is a good decision, but Ebay alone might not clear out your inventory. Look for online and offline auctions dedicated to antiques. Get to know your local dealers. They are often a good source of information.

If you do have expert knowledge of your items, make sure buyers know. They will be more likely to buy from you if they know you’re experienced. They want to know that they are getting an item of value, not a cheap (or expensive) imitation. By demonstrating your knowledge of antiques and collectibles, you are reassuring buyers that their money will fetch them something rare and wonderful. Buyers will also be more likely to spread your name and bring repeat business if you treat them well. Be known for your outstanding customer service as well as your high quality items.

Finally, stick to brands and trends that have lasting value. Certain brands are known for their rarity or their resilient workmanship and beauty. These will always be in demand. As for market trends, watch out for hot fads that are here today and gone tomorrow. If you know enough about your product to capitalize on a buying frenzy, go for it. Just be aware of the risk you’re taking. You could end up with an inventory full of merchandise whose proverbial ship has sailed. A safer bet is to ignore the rises and falls of the market and focus instead on items that will always be wanted.

Ebay is famous for its antiques and collectibles, and for good reason. This nontraditional marketplace with its enormous global following is the perfect setting in which to list hard to find items. And sellers who deal in antiques are some of the most satisfied merchants on Ebay. Often, they get to buy and sell items that they are fond of, which makes their online auctioning seem more like play than work. Each transaction does take some effort, but the rewards are worth it.

Monday, December 29, 2008

Register a Domain to Promote Your Ebay Auctions

Branding and name recognition are sought after by merchants and marketers both online and off. Some names have gotten so big that they’re now used as verbs, such as ‘Google’, ‘Photoshop’ and, yes, ‘Ebay’. On a smaller scale, you can get your own name recognition by registering a custom domain name and using it to promote your Ebay stores and auctions.

Why would you pay for a domain name when you could just use your Ebay storefront URL to draw customers? Two reasons: marketability and customer convenience. It’s much easier to market a custom domain name than it is to market a long URL filled with random numbers, letters, and other characters. Likewise, it’s easy for customers to remember a custom domain name. Marketing is all about getting people’s attention and keeping it long enough to cinch a sale. Most domain names can be reserved for under ten dollars a year. With the potential payoff that name recognition brings with it, those ten dollars are definitely a worthy investment.

There are some rules to remember before you reserve a domain name for your Ebay store. First, never reserve a domain name that actually includes the word ‘Ebay’. Name recognition is a hot commodity, and Ebay will not be happy if you try to capitalize on their trademark. There’s a secondary issue as well. The Internet is a very fluid place. Ten years ago, we didn’t have YouTube, MySpace, or many other modern day giants. Ten year down the road, who’s to say that Ebay will be the auction site of choice? It would be a shame to spend several years cultivating your name recognition, only to have another auction site spring up overnight and bump Ebay out of top position.

What you do with your registered domain is entirely up to you. Some Ebayers simply have the new URL forward to their Ebay store. Others build an entire web site around their auction listings and seller bio. With widgets, feeds, and other little extras, it’s possible to have a very informative web site that still promotes your auctions and storefront.

The Ebay pros do caution against using affiliate links on your web site to promote your own auctions. This is against Ebay’s terms of use, and can get your account suspended. You can, however, use your web site to promote other goods that you sell elsewhere. If you have an offline store, post contact information so that local buyers can drop in and check out your goods. You can also sell merchandise directly through your web site. The possibilities are limited only by your imagination – and, of course, by Ebay’s rules!

If you’re having trouble thinking of a snazzy name for your new domain, try using your Ebay account name. If that name is taken, try following it with ‘auctions’ or ‘auctionsite’. Many domain registration services make suggestions for alternate domain names. Remember to make the name easy to spell and remember, and look at it with a critical eye to make sure the words don’t inadvertently combine to spell something embarrassing or offensive.

Ebay stores and auctions offer modern solutions for sellers. But to take full advantage of the possibilities, serious sellers should never underestimate the power of branding. Get an inexpensive custom domain name that will stick in buyers’ minds, and watch those bids roll in.

Saturday, December 27, 2008

The Many Benefits of eBay Stores

Ebay can be a fast and fun place to sell your merchandise. Everyone dreams of buying an item for pennies at a rummage sale, only to find out that it was a rare antique worth thousands on Ebay. Stories like that do happen on occasion, but the majority of Ebay profits come from good old-fashioned effort.

Many sellers list a vast collection of items in search of that single smoking hot sale that will make them rich. Unfortunately, it might take hundreds or even thousands of listings to turn up such a sale, and sellers have to pay a fee every time they list an item. Ebay listings only last for seven days. If items don’t sell by the end of those seven days, the seller must pay to list them again. This can get expensive if the seller has hundreds of items to list every week. Some sellers get discouraged when they have to pay repeat listing fees.

Fortunately for sellers with large inventories, Ebay offers stores that allow items to be listed permanently. Ebay stores are virtual storefronts where merchandise can be displayed and sold. Ebay stores are similar to regular auction listings, in that sellers can add photos and descriptive text to give buyers a good idea of what they’re purchasing. But if some Ebay store items take a while to sell, the seller isn’t required to pay for additional listings. Once listed in an Ebay store, the items stay put until they are removed by the seller.

Ebay stores offer convenience to buyers and sellers alike. They can be linked to directly, and they do not expire. For a small monthly fee, Ebay sellers get an e-store that they can customize, link to, and even temporarily take offline if they go on vacation or become otherwise indisposed. Since Ebay stores have static URLs, sellers can even register their own domain names and set them up to forward readers to the store itself. Convenience for the buyer leads to profits for the seller. Buyers will appreciate a convenient custom URL.

Niche Ebay stores are especially appealing. If you have lots of listings that fall under a common category, you should definitely think about setting up an Ebay store. Some stores are devoted to electronics or maternity clothes, while others are devoted to rare vintage items. Whatever your passion, you can build an Ebay store around it.

Another benefit of having an Ebay store is the increased exposure your merchandise receives. Ebay searches now turn up auction listings as well as store items. That means more potential buyers see your items whenever they do a search. More views translate into more money for you, the seller! And because you have a store with a static URL, you can also promote your business by placing links in your e-mail and message forum signatures. You can link to your store from your personal blog or web site. Submit the store’s URL to search engines and social networking sites. Marketing is the key to making money with your Ebay store.

For detailed store terms and conditions, visit the Ebay site. They have a host of information for prospective sellers, including everything you will need to get your Ebay store off and running. If you’re a high-volume seller or frequently list similar items, this research would be well worth your time.