How To Cut Your eBay Fees By More Than 90%
By Michael Nalbone
Now, are you ready for the REAL
TRUTH about selling on eBay?
It's simple; don't list too many
items for sale using their auction
format. Instead, set up one of their
stores. The cost starts at just $9.99
per month.
Why is this a good idea?
Let's do the math:
If you list an item for sale using
the auction format, the cost is
anywhere from $.35 on up to several
dollars PER AUCTION. What's worse is
that the auctions are only good for 3,
5, 7, or 10 days.
BETTER WAY: Sell the item in your
eBay store. The listing price is just
2 or 3 cents per item...and get
this...They're good for a FULL 30
days! For example, I recently sold a
$500 item that I listed in my eBay
store. The listing cost me a whopping
3 cents! The same item, if I'd sold it
using the auction format, would have
cost me several dollars!
Using eBay's Auction format to list
500 items at a minimum of $.35 each =
$175.00 (and these are only good for 7
days each so you'd have to list them 4
times each per month) $175 x 4 =
$700.00
List the same 500 items in your
eBay store @ just $.03 each = $15 +
the $9.99 monthly store fee = $24.99
and they are listed for a full 30 days
each!
You save $675.01 per month! HOLY
SMOKES!
I'm sure you can clearly see the
benefit here. Of course you will want
to sell a few CHEAP items using the
auction format to try to generate
interest & drive customers to your
eBay store where they will buy MORE
from you. Make sure every auction
listing contains a link to your eBay
store & TELL THE CUSTOMER TO VISIT
YOUR STORE. Sell 10 or so of your 3 or
4 or 5 dollar items as auctions...just
enough to get some traffic to your
store.
Now, what is it that the REALLY
successful PowerSellers do?
They maximize the
"back-end" sale.
What this means to you is that once
a customer has bought from you, the
hard part is over. Now having done
business with you, they TRUST you to
deliver the goods. You MUST & I
REPEAT, MUST try to get that customer
to buy again & again.
Never, ever, send a package to a
customer without including a sales
flyer, catalog or some other special
offer in the package to try to entice
them to make another purchase. Email
them a special offer every week or so.
You NEED repeat customers. Going
after the lone, one-time sale is a
losing battle. You will not be
successful unless you get them to buy
again & again & do this with
every person you deal with.
Send a thank-you note via postal
mail or eMail to every customer &
use that opportunity to SELL THEM
SOMETHING ELSE.
Another tip:
Sell CONSUMABLE items. You know,
stuff that people need to order fairly
often. Like socks, t-shirts, work
gloves, food items, towels &
linens, printer ink cartridges, sell
shipping materials to other eBay
sellers. You will get REPEAT orders
from these customers for months and
even years to come.
Mike Nalbone is the creator of
"The Wholesale Detective" http://www.nalbone.org/detective/
which is a complete resource for
people seeking to utilize drop
shipping to start or expand their own
business.
Article Source: http://EzineArticles.com/
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