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Another great auction site you simply must tryeBay Confidential eZine 2 July 2008
Editorial - Dip Your Toes in 'The River' and See How
Amazon Can Help Grow Your eBay Business
How to Select Items to Use the Featured Auction
Section of eBay?
The Truth About eBay Alternative Sites
The Death of Selling eBooks on eBay? Or is It?
Hi,
I'm not a great believer in putting all my eggs in one
basket, even a wonderfully profitable basket like eBay's!
That's why I'm always suggesting eBay Confidential
readers seek additional sources of income both on and off
the Internet.
Probably no auction opportunity will ever beat eBay in
terms of money making potential, market coverage, and
sheer ease of use. You really can open an eBay selling
account and begin taking money from all over the world
just a few days later.
But once you understand how eBay works and you're
making good money, you'll find yourself constantly seeking
new products to sell at the site and testing new ideas for
growing your income. It can all get very boring and almost
certainly you're looking in the exact same places as other
eBay sellers and effectively entering already competitive
markets.
You need to think outside the box and look for suppliers
very few people know about, one being Amazon.com
which most people think is for selling direct to the public,
not for buying stock as a middleman. By seeking
alternative buying venues, like Amazon, and many more
besides, you might also find useful places to promote
products that have lost their appeal on eBay.
But the real reason I'm suggesting you check out other
places to market online is not purely to buy or sell in the
traditional sense, but rather to use what's known as 'cross-
auction arbitrage' to send your income sky rocketing.
***
If your product is too popular on
eBay there is a solution!
***
There's another reason for what I'm writing today and it
concerns the chance of a product becoming very popular
on eBay and fetching high prices until other sellers enter
the picture and the market suddenly gets saturated and
the product is no longer profitable.
Go to Amazon and elsewhere though, check out similar
products at the site, and often you'll find nothing similar
available. So you can either use these alternative venues
to sell the product and capture the market until saturation
occurs, as it probably well, or you simply use these sites to
offload all the stock you acquired before a product fell from
popularity on eBay.
'Cross-auction arbitrage' is a process of comparing various
markets, comparing prices fetched for specific products,
and looking to buy inexpensively on one site and sell for
higher profits elsewhere. So you might find a product
currently fetching several hundred pound bids on eBay
which is available for instant purchase at a much lower
price on another site, like Amazon, for example. So you
buy on Amazon, sell on eBay, and vice versa.
I've been researching additional markets for my products
for quite some time now and I've come to the conclusion
that Amazon is probably the second best place to grow my
business, eBay remaining top of the pile. I'm adding the
site to my selling portfolio today, not as an alternative to
eBay (that won't ever happen), but as a place to sell
eBooks which are no longer allowed on eBay and also to
promote the CDs I'm currently creating from public domain
products which a friend tells me definitely do sell better on
Amazon than on eBay. I'm opening new doors and I
suggest you do the same.
For now, go to Amazon.co.uk, look around, and next week
I'll tell you all about signing up, opening a buying and
selling account, and locating cross auction arbitrage
opportunities at eBay and Amazon.
I've included another article later telling why eBay is THE
best place to promote your wares, and probably always
will be, and why only one other place comes close to
helping you double your income really fast.
Guess where?! Read on to find out...
Until next time,
Avril
***
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************************
***
How to Select Items to Use the Featured Auction
Section of eBay?
by Donny Lowy
***
On eBay it is utterly simple to list an item in the Featured
Auction section! If you are able to spend on substantial
extra fee, you can get your auction featured. There are two
price tags for two different kinds of auctions featured. For
$99.95 you can have a regular auction featured on eBay.
And for $19.95 you can have your auction featured in its
special category. You will find the Featured Auction
appearing at the top of its category. In the regular auction
listing it will appear in bold.
While you are opting for Featured Auction section of eBay
you have to judge for yourself whether your item for
auction is worth it or not? For most items the auction
featured section does not work since when potential bidder
is looking for something specific, they are least likely to
browse through the featured sections. So you have to be
very careful while selecting items to be in the Featured
Auction section. Items that are supposed to be bought on
impulse might get sold well in the featured sections. It is
mostly seen that many people who visit the featured
sections are actually browsing only to look for something
to buy.
If an item of yours is not being identified with keywords or
is really difficult to search for using keywords, then the s
Featured Auction is best to sell your product as the visitor
shall find the same on a listing with a huge number of
auctions. Featured sections also prove to be good when
eBay users are new and unable to search effectively with
proper use of keywords. Even if you are selling a popular
consumer item, featured sections help you to sell well.
Donny Lowy runs http://www.closeoutexplosion.com an
online wholesale and closeout business that supplies eBay
sellers, retailers, and flea market vendors.
***
The Truth About eBay Alternative Sites
by Andrew T. Thomas
***
If you are looking for an eBay alternative, you don't have to
search the Internet long to find new sites claiming to be the
next eBay. Many sellers that have been on eBay for years
are looking for an alternative to eBay to combat strange
new 'rules' and changes. They make one mistake however
in their search for a new site to sell their items.
So what about the other auction sites? Let me be
blunt...forget it. Other than a few niche auction sites like
etsy.com, which specializes in handmade goods, there
isn't another auction site that gets the traffic or buyers like
eBay. The truth is sometimes hard to hear, but you need
eBay much more than they need you.
The truth is, buyers go to eBay. If you ask most buyers if
they have heard about the latest controversy, you will
almost always get a blank stare. Buyers do not care if you
are having problems as a seller. They are not going to
stand with you in a boycott, or follow you to some obscure
new auction site.
So why are these newer auction sites not a viable eBay
alternative? Well, to be exact, they have no buyer traffic.
The sellers on these sites outnumber the buyers. I can't
understand why these newer auction sites spend so much
time marketing to sellers, when what they need are
buyers. If they would spend all of their advertising budgets
on attracting buyers, the sellers would follow in droves.
But, as of this writing, there is no other auction site on the
Internet that can compare to the traffic of eBay.
You need to think like a buyer. What do buyers want? Why
are they attracted to eBay? Selection is the most important
reason. Buyers want a vast selection of products to search
and shop for. They also want to be on a site they know
and trust.
If you have been a seller on eBay for some time, you are
use to the auction format, so naturally you are searching
for another auction site. That is a big mistake, because
right now, there isn't one worth trying. You need to put
yourself on the path of sales. You need to go to a site that
gets a lot of traffic. Think like a seller, not an auctioneer.
Your ultimate goal is to sell your items to people who want
to buy them.
There is another site on the Internet that gets as much,
and sometimes more traffic than eBay. Both of these sites
have 'grown' together over the years. They both have high
traffic and each is a brand people know and trust. Both
sites have loyal buyers who come back over and over.
What is this other site? Amazon.com.
Many sellers agree the buyers on Amazon tend to be a bit
more affluent and ready to buy. You can also price your
items a bit higher. Many sellers find Amazon buyers much
easier to deal with as well. This isn't an auction site so
buyers are there to buy, not bid. You also have less
contact with buyers, because Amazon takes a more active
role. The buyer finds an item they wish to purchase. They
then buy the item. Once the transaction is completed,
Amazon emails you a confirmation, and you ship the
product. There is no such thing as a nonpaying Amazon
customer.
These two sites are different as you can see, but this is a
good thing. eBay tends to be more about the seller and
Amazon is more about the product. Once you get the hang
of it, selling on Amazon is much easier than eBay. If you
are serious about selling more of your items and finding a
true eBay alternative you need to look at Amazon.
Article Source:
***
The Death of Selling eBooks on eBay? Or is It?
by Brian Binns
***
Is there still a way to sell low cost products on eBay and
still make good profits?
eBooks were always easy to sell on eBay and, once the
eBook with resale rights was acquired, it was just a matter
of listing it and waiting for a buyer then sending it by email
or through a downloadable link.
Now however eBay has stopped the selling of
downloadable products and that spells the death of
eBooks ... or is it?
They say all good things must come to an end, but the end
of selling eBooks on eBay just might have made selling
eBooks even better, and more profitable also!
The eBook sellers on eBay have found a way around the
ban, by selling their eBook on a CD ROM and posting it to
their buyers. They are not paying any more in listing fees
but they do now have the hassle of posting it, however
being small and light it is not too much of a problem.
So how can it be better?
It's better because, when you burn your eBook to CD you
also burn to the same CD all your other offers! Your CD
can be your mobile eBook store and it is always in your
purchasers' hands.
You can add pages of links that will open the Internet and
direct your buyer to your eBook store or any of your sales
pages creating a possible upsell to your buyer of a more
expensive product. Not forgetting also that you have the
chance to include affiliate links as well.
So from the sale of one low cost CD you can make one or
more bigger sales on the back end. Once the CD is sold
the possibilities to attract more sales from it are endless
eBay has certainly done eBook sellers a favour as a whole
new world has opened up to them.
The only stock you would need are blank CD ROMS and
small padded envelopes, both of which can be bought very
cheaply. And, of course, you'll also need some eBooks.
So the selling of eBooks on eBay goes on and there is
plenty of room for more sellers, why not give it a try?
Good luck.
Brian Binns http://brianbinnsinfo.com/review/
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