This article lists out some tips and suggestions that will help in selling your products effectively on eBay and thus maximize your profits. It lists out simple, easy to follow yet effective suggestions for selling effectively on eBay.
Online auction is scorching the virtual world. More and
more people are finding the virtual world a convenient way to sell as well as
purchase goods. Many of them use online auction sites such as eBay to get their
product’s worth.
Auction sites such
as eBay also house a myriad of products and it is very easy for one’s product
to get lost in the crowd. One can follow certain tips that will aid in
effective selling
1)
Familiarize yourself with the site: It is
important to familiarize yourself with the site. You can just navigate within
the site to get a feel of it. Visit the site’s help section. They have a
special space dedicated to sellers- http://pages.eBay.in/help/sell/index.html.
This will not only give you the confidence to go ahead but will also make you
aware of the pitfalls and the dangers as well as the things you are supposed to
do and things you are supposed to avoid.
2)
Pay attention to the appearance: Appearance
matters. Imagine yourself in the shoes of the buyer. This will give you a
better idea of how things should be done. The appearance of the text should be
neat. Select fonts that are normally seen on a website. Try not to select fancy
fonts. Try to highlight important matters and points in a tasteful manner. Remember the appearance can make or break
your sale. No one would buy an item that is presented in a shabby manner. An untidy
appearance also creates a negative impression of the seller.
3)
Title: eBay requires the seller to give a title
and a short description of the product. Be sure that the language used is
simple and free from grammatical mistakes. One should bear in mind that eBay
attracts all kinds of visitors. Hence the description should be such that it is
understandable to everybody. Similarly, the title should be short, yet
informative. A reader should be able to make out about the item after reading
the title.
4)
Picture: ‘Picture speaks a thousand words’ is an
oft-repeated phrase. Be sure to include a descriptive picture. A picture lets
the prospective buyer to get a feel of the product. The buyer gets a good idea
about the item that is being offered for sale. Imagine a wall unit being
offered for sale, but there is no picture of it. Will you prefer buying it?
Most of us will say ‘No!’ Remember to get a nice picture of the item that you
wish to get listed on eBay. The picture should be clean, focused and taken in
lighted conditions. Hazy, unfocussed and dimly lit pictures are a strict no.
5)
Show it, don’t tell: If you are selling used
items; make sure that you give a good description about the condition of the
product. Do not use ambiguous sentences such as ‘almost new’, ‘a bit damaged’
etc. If it is damaged a bit, then tell it in concrete sentences. For e.g.,
scratches on the rear part, scrapped from the left corner etc. This will give
the prospective buyer an idea of the extent of the damage. It will also
increase his confidence in you and will help you to sell the product more
effectively.
6)
Be clear about the accessories: If the product
you are selling comes with certain accessories, make sure that you mention
whether you are offering the accessories or not. Do not keep the buyer in the
dark. Doing so will give a bad name to you. For e.g., if a certain mobile phone
offers accessory like head set when purchased from a seller, and if you are
selling the same model as a second – hand, be sure to mention whether or not
you are offering the head set. This is a great way to arouse buyer confidence
that will go a long way in selling the product. Furthermore if the product you
are selling does not include accessories, then try to add some to it. People
are always willing to pay a bit more for added value. For e.g. if you are
selling a chess board then adding a chess board stand can dramatically increase
your profits and chances of selling. Its all about staying ahead of your
competition and this technique alone can really help you to beat all the
competition out there.
7)
Be specific: Include details such as guarantee
policy, return and exchange policy, shipping details, in straight and clear
terms. The prospective buyer should not have any confusion. Remember that eBay
has a system wherein buyers leave a feedback.
A positive feedback will help you to sell other products effectively on
eBay.
8)
Time the listings: eBay requires the sellers to
list the timings for the opening and the closing of the bid. One must be careful of the timing of the
listings. It is no use if you time the listings such that the target market is
not awake. For e.g. if you the target buyers for your product are located in USA,
one must time in such a way that the maximum number of Americans are on the
Internet during that time. Also remember, most of the bids are placed on the
last day and more importantly at the last hour. Keep this factor in mind before
deciding upon the timings or else you will lose out on good or high bidders.
There have been many studies and a lot of research has been done in determining
the best timings for your listing. Whatever you decide just make sure that you
end up your listing during busy hour which normally is between 7:00pm to 11:00pm
9)
Flexibility in receiving payment: Make sure that
you have specified your preferable mode of receiving the payment. eBay offers a
lot of options. Be flexible. If you keep on insisting on PayPal, you might lose
a highest bidder who can make payment only through a check or money order.
Keeping your options open will certainly help you maximize your profits.
10) Be
agile: Be quick and agile while delivering the goods. Since the buyers can
leave a feedback, a laxity shown by you in the final stages can hurt your
credibility and might force the buyer to give a negative feedback. Also pack
the item carefully. Nobody is going to accept a damaged product. It will be a
waste of the buyer’s as well as your time and efforts. Do remember that someone
who has purchased from you in the past and had a great buying experience is
more than likely to purchase from you again, therefore providing a timely
delivery and a well packaged product would most definitely result in many
repetitive customers.
These are some of the main points you should keep in mind if
you have to carry out a successful sale on eBay and maximize your profits.
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