Three Ways to Make More Money on EBay
By Andrew Minalto
If you are an eBay seller you are already aware of the recent shifts in policy that
have changed the face of eBay forever. The question is: will you be one of the stragglers
that gets left behind? or will you adapt? EBay isn't in the same evolutionary period as it
used to be. This means that some sellers will be forced to quit; however, it also means
that others will only let this adversity make them stronger. Which group will you be in?
No, eBay is not dead
They're just trying to weed out sellers who have compromised eBay's reputation by
delivering poor service. Do YOU offer poor service? If not, then you have nothing to worry
about. As long as you keep your buyers happy, this change could actually be GOOD for you.
EBay is just trying to keep their buyers satisfied, because these are the people who keep
the system thriving. No buyers means no business, and no eBay. Don't believe me? Just look
at any of eBay's competitors. None of them have a significant volume of buyers, so their
sellers don't make a penny.
While there may be some cases where eBay has gone to far in punishing sellers, this is
still a rare occasion. For the most part, if you follow the rules, eBay will treat you
well and you're business will grow. Don't let a few isolated cases intimidate you. There
is still a lot of money to be made through online auctions.
What about the Economic Crisis?
No one will deny that the global economy is going through a tough time. It won't help
anyone to ignore the increases in gas and food prices, or the rocky terrain of the British
and American housing markets. And unfortunately, these problems don't exist in a vacuum.
It can't be denied that eBay sellers have felt the sting of consumer reticence as buyers
have cut down on spending due to rising costs. What can eBay sellers do to make the best
of this situation?
It's time to OPTIMIZE!
This means:
• Reducing Expenses
• Moving to Unaffected Markets
• Increasing Overall Productivity
• and so forth...
Restructure your eBay business by using strategies that other sellers have been
complacent about. Are there sectors that have been under-tapped? You bet there are!
Optimization will help you to find these new strategies.
In addition this newsletter will keep you updated on other ways to improve the
efficiency of your business. For example: wouldn't you like to know about an efficient
method for keeping visitors on your listing for longer? If so, you need to look into...
Shop Promoters
Shop Promoters are tools that you can use to promote your eBay shop or "Items for
Sale." This means giving your customers OPTIONS! If you are selling an item that is
SIMILAR to what a customer wants but not IDENTICAL, they are just going to leave and look
at something else. But not if you give them options by leading them to your eBay store
where you may have exactly what they are looking for.
Also, you should use graphics to promote your items. Buyers aren't going to click on a
boring text link with no panache. This is really a simple principle. If you are familiar
with creating graphics yourself take a look at websites offering these services like
BannersMall.com or Elance.com, quick! This could be the best investment you've every made
into your eBay business.
Andrew Minalto is founder and CEO of the Web's largest auction templates company
Spicy Auction Templates.
Andrew runs successful information publishing business as well as an eBay store and
an online retail store. The recently launched
Easy Auction Business
website is dedicated for all people trying to achieve financial freedom or just to make
some extra money by selling on eBay.co.uk
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