Here’s A Quick and Dirty Guide for Selling On eBay

This week I’ve made it a goal to sell stuff around the house that I don’t use. I have an X-Box 360 that’s been sitting in a box for over 2 years along with 4 controllers and a bunch of video games.

I also have boxes of books I haven’t opened in a while.

All that makes today’s article fitting since I’m talking to you about how to sell stuff on eBay.

Alright, before I jump into that, yesterday I introduced you to Affiliate Marketing. Please click here if you missed it so you can catch up!

Look, I know you might already have a business or have aspirations to sell your own product. But Affiliate Marketing saves you the time and money it takes to get your own product and service to market…

Why not earn while you learn?

Or bare minimum, earn while you get your own stuff ready for market?

That said, if you make your own arts and crafts or have stuff around the house you want to sell like I do, then you’re really going to enjoy today’s article.

Since the arrival of online shopping centers, people have grown accustomed to buying what they need online.

Whether you want to order custom-made cakes for special occasions, buy home décor or looking for the perfect gifts for loved ones…

… online shopping centers such as eBay and Amazon.com can be your virtual shopping mall.

If you’re looking for the best way to unload your unused pieces of furniture and other personal belongings cluttering up your home, eBay can be your perfect answer.

What’s more, you can buy and sell goods from other countries such as clothes, jewelry and new electronic devices, all on eBay.

Take the Guesswork Out of Selling Items On eBay

You need to understand how this system works so you know the best ways to set up your account and start buying and selling items on eBay:

• The first thing you need to do is create your own eBay account. Submit the required personal information such as your contact information, the name of the business, and payment options.

• Be ready to answer all inquiries from potential customers. You have to regularly check your eBay account to respond to questions.

If you have a fast response rate, it’s more likely you’ll encourage lots of visitors to check out your listings since they’re interested in what you’re selling.

NOTE: It helps your sales if you include plenty of product, shipping and policy-related questions and answers so potential customers don’t feel the need to contact you directly because they won’t.

This way, they have all the information they need to make a buying a decision quickly.

Again, take time to list all product-specific and pertinent information that’s needed for your potential customers to make a buying decision such as manufacture date, expiration date (if applicable) and locations products were made.

• Be familiar with eBay’s different policies for selling personal and commercial items online so you don’t inadvertently break any laws.

• If you plan to sell items that belong in separate categories, you should create your own listings. You also need to determine the pricing of your items.

You can sell via auctions where potential buyers can bid on specific items they want.

Plus, you can try more traditional ways of selling by assigning a set price to each item.

• You can sell the same products but in different colors or sizes within the same category. eBay also has their own listings for your items and categories.

• You need to monitor your listings. Regularly check your account to track views, submitted orders or inquiries.

• Lastly, be sure to close the deal with your buyers quickly. It’s worth repeating, provide potential customers with all the details they need, specifically, the modes of payment and the turnaround time for delivery.

What should you keep in mind when selling on eBay?

Before you start selling your products on eBay, watch out for scams and be extra cautious. This will help you avoid making bad business decisions.

Here are 5 tips to help you sell successfully on eBay:

Tip 1. Research is the key to a successful eBay business.

It’s natural that you’ll find similar products posted so check out your competition. Competition is an indicator that your products are popular with buyers and auctioneers. This will also help you determine whether to continue selling these products or sell something different.

Tip 2. Take pictures and post. Pictures will help you sell your products. Just like when you order at a restaurant, pictures of the food will entice you to order. If the food doesn’t look appetizing, there’s no way you’ll order it.

The same applies to sell on eBay.

Potential buyers will first see photos of products before deciding if the items are worth buying. That’s why it’s critical to post photos that’ll attract more buyers.

Tip 3. Provide multiple payment options. Buyers will look for better, easier payment options when purchasing products online. So aside from money-grams, transfers, direct deposits, and online payment websites, be sure that you accept payments made through credit and debit cards.

Tip 4. Be professional when dealing with clients. Keep your mind focused on nurturing loyal customers with professional and honest customer service.

Make sure every detail posted about your product is true and do not overcharge your clients. Respond to your client’s inquiries and feedback as quickly as possible.

NOTE: It can be tough sometimes but hone your ability to accept feedback, both positive and negative.

Tip 5. Convince more buyers to visit your page and purchase each item with creative, yet accurately descriptive, articles or posts.

The Pros of Selling on eBay

For starters, it’s a virtual mall accessible to anybody with an Internet connection so your products can be easily viewed and purchased by droves of potential customers.

You do not need highly developed technical skills to start an account on eBay or any other online shopping center.

If you have a steady Internet connection, a little knowledge about navigating through eBay, you’re in business.

The Downsides of Selling on eBay:

There are fees that are charged for advertising and selling. This can affect the amount of money that you’ll earn.

Also, there’s no guarantee that you’ll make fast or consistent cash so this model isn’t the most scalable for growth.

It definitely helps if you’re already established or have received a lot of positive reviews about the products you’re selling.

To recap, I covered “Selling On eBay” including how eBay works, tips, the pros, and cons.

I hope this information served you in evaluating the Internet Marketing model that works best for you.

Stay tuned because I’m merely scratching the service on all the opportunities that exist in creating the income of your dreams online.

Tomorrow I’m going to cover one of my favorite Internet Marketing models…

Time to Place Your Bets – Even on Some Weird Wagers

It’s commonly known that Vegas is the place where one can legally wager on just about anything, provided the books offer the proposition bet(s). Gamblers love to put their money on weird wagers, especially around Super Bowl time. Now that the Supreme Court has overturned the ban on sports betting, we just might see more uncanny bets being offered in states that bid for sports books. Weird wagers are not unique to Vegas. The U.K also gets in on the action.

Here’s a collection of some of the most bizarre, weirdest, wackiest wagers ever made:

1979: The late Jackie Gaughn, owner of the El Cortez hotel in downtown Vegas, posted odds when the faltering U.S. satellite Skylab, was about to crash to earth. The odds were put up on where it would crash: 5/1 for one of the five oceans, 12/1 into the Soviet Union, 100/1 on California soil, 2,000/1 for a hit in tiny Rhode Island, and even 10,000/1 that it would crash into the El Cortez! Turns out it landed in Australia at 30/1.

1980: From the popular TV show Dallas: “Who shot JR?” Wagers were taken at the Castaways Hotel with odds on every cast member prior to the season ending cliff hanger episode, but the Gaming Control Board ordered a halt to all betting because someone had to have a script that knew the answer.

1981: Amidst the ongoing controversy over the murder of President John F. Kennedy, the grave of alleged assassin Lee Harvey Oswald was about to be exhumed to confirm identity. The sports book at the Union Plaza was quick to jump on the proposition bandwagon on whose body would be in the coffin. Odds were posted for: a Soviet agent, Jack Ruby (Oswald’s assassin) or an empty coffin. Due to concerns about the virtue of such a wager, the gaming commission put a lid on it. Turns out it was Oswald after all.

In the UK, it was 500/1 that the FBI will confirm that Elvis is still alive and another 500/1 that Michael and LaToya Jackson are one in the same.

UK bookmakers also offered 1,000/1 that Tiger Woods would become President of the US and 5,000/1 that Bill Clinton and Monica Lewinsky would marry.

A London resident named Matthew Drumbell placed a 1,000,000/1 wager that the world would end before the year 2000. Of course, who would be left to pay him if he survived? No pun intended on the man’s name.

During Super Bowl week in Vegas $ millions are tossed across the betting terminals to wager on one’s favorite team, and some weird bets as well. Here are some of Super Bowls’ past prop bets:

· Will singer Kelly Clarkston omit or mess up one or more words in the National Anthem? How long will it take her to sing it? Over/Under 1 minute, 34 seconds. Will her bare belly be showing when she sings it?

· If Quarterback Tom Brady’s son is shown on TV during the game, will he be wearing a Tom Brady Jersey?

· How many times will Patriots owner Robert Kraft be shown on TV during the game?

· What will be the first touchdown celebration? A ball spike, a dance, lay on the ground, a goalpost dunk, a Tim Tebow kneel, or kiss a cheerleader?

· What color Gatorade will be dumped on the winning team’s head coach? Yellow, orange, clear, red, green, blue? (Yellow was favorite.)

· Who will the Super Bowl MVP thank first in his post-game interview? Teammates, God, Owner, Coach, Family, No one? (Teammates were the favorite.)

What Are The Secrets Of Affiliate Marketing?

For years I struggled to learn affiliate marketing. I started over 10 years ago and began by building websites which I hoped would rank on Google’s free search engines. Back then, courses taught this strategy because it used to work well! Over time and with the millions more websites and affiliates attempting to rank their content, this strategy got progressively more difficult.

I ranked a few websites and made a couple of sales here and there though. But it was by no means a living and I had spent many hours watching videos and learning over a long span of time. I there in the towel many times but knew it was something worth pursuing.

One of the secrets to affiliate marketing is to stick at it until you have some results. Learn from your lack of results but continue learning and never stop. My strategies were flawed in the first instance. I was expecting an easy win. I suspect many people come into affiliate marketing expecting the same.

Over time I slowly realised the time and effort needed to make affiliate marketing work for me. I learned that, just because I wrote an article, it wasn’t necessarily going to be seen by millions of people! In fact, most of my articles were never even seen. I didn’t know how to promote them and get them seen. I just expected everyone to come, because, well, I was special and it was just going to work! How naive!

One of the ‘secrets’ of affiliate marketing is building an email list. I had the best results once I had a list of subscribers and promoted a product with paid advertising. This is probably the quickest way to see results in affiliate marketing. Content building takes time and there’s no guarantee your content will ever get a large enough audience to start selling anything.

Building an email list is vital for anyone who wants to build a real business from affiliate marketing. Without one, you’re relying on your website visitors buying from you after they land on your website. This only gives them a few minutes to make a buying decision. Get them on an email list and you can extend tis period of time to months and even years ahead. Plus you can build a relationship with your subscribers by offering them value, insight and information which may be of use to them.

Paid advertising is another ‘secret’ of affiliate marketers. I avoided paid strategies for a long time because I didn’t have the confidence in the products I chose. I didn’t know how to run paid campaigns and I was afraid of losing money, because I didn’t have very much of it! So I stuck to ‘free’ marketing strategies like article writing and video creation. However, the results were very limited because of the strategy I used and the niche I was in.

It takes much longer to get traffic if you focus on only organic strategies. Paid traffic in instant, but again, takes time to learn and master.

The other ‘secret’ to using paid traffic is in choosing the right products to promote. This again was something I took a long time to understand. Having products which continue to pay out, even after your initial sale is a major key to making affiliate marketing work for you. I initially sold products which only paid me once. Plus I only made $40 or so on a sale of a $100 product.

I later learned that top affiliates choose bigger items to promote for better commissions and they choose memberships to sell so they can earn continuous commissions every month. A subscription product which pays you a small amount every month is worth far more than a single product which only pays you once. For each customer, you can earn a residual income, potentially for a lifetime. 100 customers becomes a real income because of the continuous commissions you receive each month of their membership.

Up-sells are another affiliate marketing ‘secret’ too. An up-sell, is basically a product which is sold to a customer after they have already bought from you. If you’ve even been to a fast food franchise you’ll know they always offer up an up-sell. “Do you want fries with that?” is an up-sell.”Would you like to supersize?” is an up-sell. By offering many products to existing customers you can earn far more than by only selling one product.

An existing customer is far more likely to purchase from you because they have already paid for something. Top affiliates know the power of the up-sell and benefit from more commissions made from each customer. Repeat custom is a major factor in most businesses so it should also factor in your affiliate marketing business too.

Here’s a final affiliate marketing secret. Most affiliates starting out will concentrate on getting someone to their website in order to turn them into a subscriber. They will spend a lot of time working on their website visitors number. But there’s two factors in turning a visitor into a subscriber. The number of people visiting your website is one factor. The opt-in rate is another. You can get many more visitors converting into subscribers just by altering your opt-in offer.

Cross testing various opt-in offers and in particular, making a clear call to action with a benefit driven ‘giveaway’ offer is the best way to measure this. So don’t focus entirely on building traffic because you can make more progress by creating an enticing giveaway offer to build your email list.

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