October 19, 2007

Towards A Successful eBay Business

Making it on eBay is very possible. In my opinion, eBay have changed the way the world do business and trading, its has become a global phenomenom. There are probably millions of users everyday that shop on eBay all over the globe. So if you are a business inclined individual and want to tap in this huge marketplace, its always wise to consider listing on eBay for the possibility of being seen by a huge numbers of global audience.

Having a business on eBay is very promising but at the same time it is also very tricky and very challenging. Just as there are lots of buyers on eBay, there are also a lot of sellers, so expect rough, tough, and high competitions so you wont get disappointed and break right away. But if you have found great product that is in high demand, and there are not a lot of eBay sellers competing with you, then you will really have a great chance of making it big.

But basing on my eBay experience both as a seller and a buyer, listing on eBay is NOT just all about having the product to sell. There are other several factors that make or break the deal. As simple as days of the week, timings, photos, listing categories, product prices, product descriptions, feedback score, customer service, and more are all critical factors that definitely affect and highly contribute for the success or failure of your eBay businesses. So I would highly suggest you provide clear, close-up photos of your products, provide honest and correct description of your products, never lie because they will get you in the feedback anyways. Your eBay feedback is very important to your reputation specially if you are an Ebay seller. A lot of ebayers visit the feedback history of a member prior to buying/selling to make sure that they are dealing with a reliable, and honest person. So if there are flaws, tear, breaks or damage in your products, make sure that you will mention these in your item description as well, and possibly provide photos of these flaws too. When prospect buyers ask questions regarding your products, try your best to answer their questions before the listing or auction ends, that way they will feel assured that you are really there, you are within reach, and it will also help develop buyer trust confidence to buy from you. It is also very important to list your products at the proper times of day, proper day of the week, and proper month of the year. There are not a lot of people shopping for Halloween stuff in the month of January or February because most people are busy shopping gifts and decors for Valentines Day. Listing your product on the right category also affects the exposures of your products. There are several categories on eBay, each category is unique, some categories have a lot of sellers, some have few sellers. If the product you are selling have several competing sellers, meaning there are more listings in such category then your product exposures will lessen and get buried right away, so try to consider availing some eBay listing upgrades like bold text, thumbnails, box ads, gallery.

So if you want your business to make it big on eBay, it sure is very possible, but it will surely take to have the right product and lots of works and efforts from you.

All Rights Reserved. Written by Jazevox

1 comment:

Jazevox said...

@DanielL: I havent use them before, but yes there are sites like use[dot]com that will host your photos for free, that sellers can utilize in their listings in eBay, that way they dont have to pay for additional photos in their listing..

FAST FORWARD to this day, as of May 2012.. i believe eBay just recently offers 12 FREE photos for each listing for all sellers instead of one free and each additional picture you posted had a fee. With multiple photos per listing, i think its great, to encourange sellers to provide more photos of their product without paying the high cost of additional pictures!

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