If you're new to EBay, the first thing you need to do is to build positive feedback. Feedback is vital to your success on EBay. Potential buyers will read your feedback in order to determine if you're an honest seller. If you have high numbers of negative feedback, many buyers will look elsewhere. Take a look at some of the EBay Power Sellers feedback. Many of them have feedback in the thousands with a rating of over 99% positive. It's no secret how these Power Sellers became successful on EBay. They take care of their customers. This means they'll have plenty of repeat business.
When you first sign up with EBay, you'll have zero feedback. Most buyers will shy away from an EBay newbie with zero or very low feedback. Start building your feedback rating by selling personal items from around the house that you no longer want. This is a good way to get the feel of using EBay and to build positive feedback. You should invest in a good digital camera. Good clear pictures are an important selling feature on EBay. Remember to describe your items accurately and honestly. Do not try to trick or deceive buyers in any way. You can't afford receiving negative feedback this early in the game.
I came across a perfect example of a deceptive seller on EBay a while back. The seller had sold a pair of slightly used shocks for a 2003 Chevy pickup. He used EBay’s Buy-It-Now feature to sell the shocks for just one cent. Wow! What an incredible deal! But wait a minute. The unwary buyer forgot to read the entire auction. The shipping charges were a whopping 60 bucks! The result was a pissed off buyer and negative feedback for the seller. This was an obvious attempt on the part of the seller to make money on the shipping costs. He was banking on the fact that the buyer would not read the entire auction and would simply assume the shipping charges would be reasonable. Do not use deception in your auctions or try to make money on shipping costs. If you treat your customers the way you expect to be treated you will never go wrong and you'll be well on your way to building a reputation as an honest top-notch seller.
If you happen to get a few non-paying bidders, resist the temptation to leave negative feedback for these individuals. Leaving negative feedback will only result in possible retaliation by the non-paying bidder and negative feedback for you. Once again, you do not want any negative feedback this early in the game. Buying items off of EBay is another great way to build positive feedback. When you win an auction, pay for the item promptly. The result will be positive feedback for you. Most buyers will not care whether your feedback came as a result of buying or selling as long as it's positive.
After you've built a feedback rating of least 25, you'll be ready to start purchasing wholesale merchandise to sell on EBay. Remember what I said about doing your homework before buying merchandise. If you have your eye on a particular item you think might sell on EBay, first do a search of that item on EBay to find out what people are bidding if anything on the item. If it looks hot, at least 7 or 8 bids, then it's probably a good bet. If it doesn't appear to be getting many bids, you should steer clear. You can also do an advanced search for auctions that have already ended. It's a great way to find out the final bid price for a particular item. A few extra minutes of research can save you from a giant headache down the road.
Page 2 of 2 :: First | Last :: Prev | 1 2 | Next
|