Showing posts with label Sell on eBay. Show all posts
Showing posts with label Sell on eBay. Show all posts

Saturday, May 10, 2008

Ebay Stores

Ebay Stores - Are They Worth The Cost?
By [http://ezinearticles.com/?expert=Ronnie_Bredahl]Ronnie Bredahl

Almost everywhere you look on the internet, someone has an opinion about what does and does not work on eBay. One question posed, is about Ebay Stores: Are they worth the cost? In a word, yes they can very much be worth the cost.

With the amount of daily traffic that flows through the site, an eBay store can hold product visible for a potential 24/7/365 and items listed in the store can be there until the item is sold.

Let's take an example of widget A and widget B. You list widget A in your eBay store, and you place widget B on a 7 day auction. At the end of 7 days, let's say that neither item sold. If you listed widget A, your cost would be just a few cents, and it remains until it actually does sell. Widget B, you paid the listing fee, paid say, 35 cents for the listing, and after 7 days it ended with no other opportunity for anyone to see it again, unless you list it again.

The basic store at the time of this writing, is $15.95 per month, and you can have UNLIMITED listings, at just a few cents each. If you listed regular auctions for the same number of items, those auctions will end at most, 10 days later. By the time you add up all the fees, chances are, with the basic eBay store option, you could have actually saved money on listing fees, making the $15.95 per month charge a non-issue!

The number one issue to ANY business opening is that you keep costs down as low as possible, which aids you in keeping prices lower to encourage more purchasing from your buyers.

Lets make an illustrative example here for you, so you can easily visualize the information you are being given.

We'll open an eBay store at a cost of $15.95 per month. In this store, we'll list 500 products for sale. This will cost us at most, $30.95 for the basic listings.

Now, take the same 500 products, basic listings at minimal costs, and we'll use the lowest price which is 10 cents per listing for DVD items and games. Right there, it would cost you $50.00 for the same 500 items! Also, these items will expire after 7 days. (10 day auctions cost a little more) The items listed in your eBay store will be up at least 30 days.

All in all, it just makes good business sense that you would open an eBay store if you intend to sell anything in any kind of quantity on eBay. If on the other hand you are just a casual seller, then it would likely not be worth it. For the purposes of this article however, we will assume that this is your business, and you will be dealing with eBay on a daily basis.

Now your question, "Ebay Stores: Are they worth the cost?", has I trust been answered in the best possible way, with examples given. Yes, Ebay Stores are worth it, and it just makes good business sense to open one if you are going to do more than just casually sell on eBay. [http://www.newauctionmembership.com/]Register for eBay Today! Austin Referral Realty is your source for [http://www.austinreferralrealty.com/]Austin Real Estate. Our [http://www.austinreferralrealty.com/realtors.php]Austin Realtors provide free home buyer representation.

Article Source: http://EzineArticles.com/?expert=Ronnie_Bredahl http://EzineArticles.com/?Ebay-Stores---Are-They-Worth-The-Cost?&id=1158074

Researching Items to Sell on eBay

Researching Items to Sell on eBay
By [http://ezinearticles.com/?expert=Andy_Goodrich]Andy Goodrich

Have you ever wondered how people who are selling on eBay determined whether or not an item will sell, and how much you can potentially sell it for? Then this is the article for you. In this article I will teach you how easy it is to figure these statistics out and then use them to determine your chance of selling, and selling price.

The process.

To start things out you will need to first login to your eBay account. After logging in look towards the top of the page. Near the top you should have a search bar, to the far right of this search bar you should see the "advanced search" link shown in a small font, and hyper linked light blue. Click on this hyper link, you will be taken to the advanced search page of eBay. At this point we can begin our research.

1st Step

The first step is knowing what you want to look for and making sure you are specific. This means using specific keywords as you research, heres an example. If you research the product, hangers you would get over 2000 items that have been listed over the last two weeks. The hangers would be so different that you would be, unable to determine if your hangers are selling or not. However lets say that you have pink hangers. We could then change the keywords to be more specific, such as pink hangers. Now you only get 100 results, and you have more relevant products to look through.

2nd Step

Now that you understand how to search, you need to know what you are looking at. The first thing that should be obvious is that we are looking at items that were listed over the last 2 weeks, and have ended. Since they are ended items we can now see if they are selling well or not. To tell this is actually quite easy. If the price being shown is green, it means the item sold, if the price being shown is red this means that it did not sell. After you understand simply look through, and figure out an average selling price and an average selling rate. The easiest way to do this is writing how many sold, and how many didn't, to keep things easy use only the first page of results. After that write down the price they have sold for to determine the average selling price. The results your looking for are a 30% to 40% sell through rate and a price that enables you to make money.

Thanks for reading and feel free to check out my other articles. http://www.ecommercebusinessarticles.com http://www.goodrichlogos.com

Article Source: http://EzineArticles.com/?expert=Andy_Goodrich http://EzineArticles.com/?Researching-Items-to-Sell-on-eBay&id=1155701