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!