Last Minute Ebay Christmas selling tip

Hi,
I have just stumbled upon a stupidly easy way to make some extra money at christmas. I'm not sure if it will work all year round, but I'm sure it works at the moment.

I was browsing on iwoot the other day (I want one of those.com) which for those who don't know it is one of those gadgety websites. Thousands of people must browse them at this time of year to find gifts for people. They are ideal for that.

Well, I was doing some christmas shopping of my own the other day, and something which I wanted was out of stock. My instant reaction was - I'll just buy it from Ebay, there's bound to be someone selling this. And, of course there was. However there was only one item up for sale with so many bids that this item was attracting double what it retailed at on iwoot.

Obviously other people had seen that it was out of stock and gone straight to ebay.

Well, I decided that was far too much to pay, so I ran a google search for the item and brought a few for less than iwoot were charging originally. One was for a present, the rest were to resell. I brought as many as I thought I could shift before christmas. So far so good, I'm in profit, but there's still time to go on my listings! But what an easy way to make extra money at Christmas?

Tips for Ebay auctions (1)

Hi,

Selling on Ebay for a while teaches you many little quirks and procedures that help things to sell, so here's a few things which I think people will find useful:

List your items in the evening at about 8pm - 10pm. This emans that they will be at the top of the listings in their category at about that time (as they are about to time out). Most people are on ebay at this time, and you are more likely to sell your item, or get a higher bidding for it. Alternatively, if you want to buy something, bid for things which time out in the morning!

When selling multiple quantities of items, list them with 10 day lisitngs, then relist the same lisitng one or two days later. That way every 1-2 days your listing will be seen at the top of the listings just before it is about to time out, thus generating maximum exposure.

Use featured listings to draw traffic. If you are selling a large quantity, with a sufficient profit margin, why not try forking out £10 for a featured listing. This will appear at the top of the category for the whole 10 day duration, and it's thus highly likely that your listing will be seen before any competitors, and thus bought straight away! Since yout customers probably won't see your competition, then you may be able to afford to up your price a little! Don't be afraid to invest for a featured listing, but be sure that your item is a good seller before you do.

Use ebay "marketing promotions" - these are a fairly new feature which enable you to upsell. That is, if someone buys something from you, they are offered something else of yours. You can set this up im "my ebay".

Instead of paying for Bold and highlighted auctions, try adding special characters and capitol letters in your titles to stand out from the crowd. the only feature which really helps sales is a gallery photo. I would recommend this for almost every auction.

Just a few rules which I sell things by,

Pete

The golden rules to selling

There are four key things which you need to sell successfully online. That is a product, a place, traffic and more traffic. A product and place is easy to come by.

I use wholesalers to find products which I sell on ebay. Most people say that when you buy a product, you should get the most expensive items, so that you can put a larger markup on them. When I'm selling on ebay, I find that most expensive products are also the larger ones, and it is difficult to ship them. Thus I always look for smaller products which can easily be shipped in a jiffy bag. I source a lot of my wholesale products from www.wholesalepages.co.uk which I brought a lifetime membership for.

I sell most things on ebay, as this attracts hundreds of customers to my listings, which is a very successful form of generating traffic. It's pretty much all done for you. All I have to do then is to ensure that my products are sought after. If no-one is interested in my product, then it won't sell.

I am currently looking into a third party form of generating traffic such as websites like www.unique-traffic.com to generate a lot more tarffic for my lisitngs, but I have no idea if I can trust that their traffic is good. I went with justvisits.co.uk to generate traffic for one of my websites and found that it was a con! £20 wasted! Does anyone know any traffic sites which genuinely work?

Pete