By Ina Steiner
You have already got the reply to boosting your eBay revenues and profits...You simply need to recognize the place to appear. flip eBay information into cash exhibits you ways to take advantage of the robust instruments on hand on eBay to promote smarter and earn more money on each sale. discover ways to mine revenues facts from instruments resembling Andale study instruments, Terapeak, and DeepAnalysis. Generate revenues and site visitors stories utilizing eBay and Sellathon ViewTracker so that you can simply learn your information and make knowledgeable enterprise decisions.You'll learn how to practice the result of your learn on your eBay directory and advertising options. Then, you could larger ascertain what to promote, how a lot to cost, the way to increase site visitors, and the way to stick sooner than the contest.
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Extra info for Turn eBay Data into Dollars
Remember that if someone places a regular bid, rather than a Buy It Now bid, that becomes a regular auction listing and would no longer be a Buy It Now listing. Sounds confusing, but if you are already listing items on eBay, you’ve probably encountered this. Wrapping Up Study eBay market data and your own sales performance, as well as your competitors’ sales history. Use them as guidelines in the larger context of your business knowledge, and apply what you learn to your day-to-day selling activities.
Seller feedback also varies widely, both in quantity of feedback points and in ratings. A seller with 5000 feedback points and a 100 percent positive rating will achieve more bids than a seller with 10 feedback points and a 60 percent negative feedback rating, since potential bidders will be scared off by the negative feedback rating. Many listings on eBay include inconsistent, incomplete, or incorrect descriptions, sometimes by deliberate intent and sometimes because of a lack of knowledge on the part of the seller.
Wholesale list”—with a photo of a television in the auction description. The rule for buying on eBay is caveat emptor (buyer beware), and the rule for readers of this book is researcher beware! Make sure the data you are analyzing represents the items you’re researching. Shill bidding is difficult to detect, but if you study a particular category on a regular basis and study your competitors, you may be able to spot warning signs. The same buyer purchasing regularly from a seller may or may not be a shill bidder, but if the bidder never wins the auction, that might be an indication.