|
|
|
5 Simple Steps To Posting Your First Ebay Auction.
It's surprisingly simple to get started posting your very first auction on eBay. Here's what you need to do.
Step 1: Open an eBay seller's account.
If you've bought things on eBay, then you already have an account - just log in with it and click...
Online Auction Sites are Great Places to start Selling
So you decided to start a small online business. Most entrepreneurs can't wait to get their online business started and begin to rake in the cash. Entrepreneurs interested in an online business usually pick between two major revenue streams- auction...
The Fundamental Idea of Online Auction Business
The Fundamental Idea of Online Auction Business By Pradeep
Aggarwal
For a myriad reasons, online auction sites are an excellent to
sell a product for a good price. What makes it so different from
the conventional stores and malls is you...
Tips on internet auction titles
With the millions of auctions that are on eBay and the thousands
of similar products, you have to find a way to set yours apart
from the others. You can spend extra money on listing features,
but this cuts into your profits. One thing you can do...
UbidFast Auction opens for business offering safe and secure shopping for consumers.
The challenge for UbidFast is creating a successful auction shopping site with the looming monopoly in the industry. Most auction or shopping sites start with the dream to tap in the largest auction site's two billion dollar revenue. Ubid Fast is...
|
|
| |
|
|
|
|
|
|
Take Advantage of Mistake that Auction Seller Made
Now one of the most fun and most profitable auctions you can
find is misspelled items. You might be able to get a tidy profit
of $50 or $70 dollars easily by searching for items that auction
seller make mistake in placing their ad. One man lost is another
man gain and that's the name of the game. I have done a research
on ebay for a while, and you can find it happen almost everyday.
I have seen a branded camcorder being sold X amount , less 30%
the average selling price of similar items. Imagine you re-list
it immediately and sold it for a 30% profit margin without
paying for shipping!!
Let's try it now and type camcoder or camcodar or anything you
can think of and search through Ebay. I am sure you can get some
results. You can also try Ebay UK or other auction house you
might get something out of it.
So how can we profit from that? First of all misspell item get
less page views, less views means less bid, less bids means low
selling price. If there is a bid on one misspell item, do not
jump in and throw a bid, that is true even if the item is
spelled correctly. Just watch the item patiently for few days
and post a bid when it comes to an end. However if the starting
bid is $1 and nobody has bid, you can put in the next bidding
price to" lock "the auction. You are not allowed to edit or
cancel your auction once there is a bid. Next click on the Watch
this item on ebay which is on the top right corner, check back
occasionally to see how many people have bid the item and some
auctions have a page counter to see how many buyer have check
the item so you have rough gauge on how many bidders to expect.
Do a research on the item you have watched, scan through the
listings
in ebay. One nice option you can find is the Add Note
features it can be found in My Ebay and those items that you
have just added is listed according to Time Ending or depend on
how you categorize it. Remember that you get more accurate
results if you key in the item in the searched box and check the
Completed Listings Only, reasons being that on going auctions
prices might increase as time goes by so data you have collected
is not up to date.
Look hard at the completed listings, make a note on how much
buyers is willing to spend on this item. For example a branded
sunglass was sold for between $140 to $160 so on averages the
closing price is $150. Make a note to the misspelled item like"
Sold for $150 "or "Highest bidder was $160 ", this is so
important as it let you check back before the item ends and see
if the auction has reached the price limit you have set on it or
there are still rooms for profits.
Honestly speaking, there will be some people beside you who have
the same thinking as you, looking for bargains in Ebay. So
preferably wait till the auction is coming to an end and bid at
the last hour, remember activity breeds activities you do not
want this to happen as the trick is to get less bid if possible.
There are tools on the net which can help to do the jobs for
you. Email me if you are interested, I will share with you what
I have found or you can get access to http://www.monaky.com for
wide range of auctions tools and information. Free download of
auctions resource in the form of e-books for easy reading.
About the author:
Join the mailing list at http://www.monaky.com you can get free
download of auction tools and resource ebook.
|
|
|
|
|
|
