10 secrets of selling success from eBay
Spring cleaning? You can learn a lot about how to get top dollar for your unwanted stuff by mining the auction site's data.
Create a killer listing
Determine what's hot
Figure out delivery issues
Figure out what buyers want
In fashion, the focus is on brand
Price it right
Make it easy to close the deal
Pack your product securely
Build your reputation
Keep abreast of emerging trends
More slide shows on MSN Money
VIDEO ON MSN MONEY
Oh eBay, oh eBay. I have been a seller on eBay for many years with 100% feedback. Lately it seems like I am paying eBay more than I take in. We as sellers on eBay need to give eBay and kick in the ****! They lowed their fees only to add a FVF on shipping. Then there is PayPal that eBay owns. I want to share the following with everyone. I listed an item that sold for 450.00 with shipping of 12.95 for a total of 462.95. PayPal took 13.73 from that amount. Now we are down to 449.22. At the end of the month eBay takes their fees on not 449.22 but the 462.95 their fees for insertion and gallery was 0.85, FVF for shipping 0.78 and a FVF of 29.50 leaving me with 418.09. Between eBay fees and PayPal I lost 44.86. Bidders that only buy on eBay they don't understand the fees plus postage went up in price. You raise your SH customers say that's to high. You offer free shipping and work it in the price of the item your chance of selling it lowers. There stupid Seller Dash board should be hacked! But at last ebay has us by the seller balls! The government should take a close look at them along with their relationship with PayPal! They should allow us to take payment of our choice. I never had a problem with money orders or taking checks from customers who have bought from me several times. Just a note on PayPal... I like using PayPal for shopping because I earn a great monthly return on my purchases. Thanks for letting me vent. Peace!
Ebay is not what it used to be. Used to be if you saw a product for $100 you could find one on Ebay for $80. But its not even close anymore. Take this item for example... S.T.R.I.K.E. 7 Keyboard from Madcatz. Now look it up on the MadCatz site. And then compare it to Ebay. You will be amazed at what people are doing to this thing.. lol. 25%+ mark-up. So in my mind a lot of new or newer items on Ebay are overpriced to try and catch someone that is hoping to get a good deal and not shopping around.
Not like it used to be and unless you are buying something that is old or vintage that is rare you should probably look elsewhere.
Have been a seller of coliectibles since the beginning. Rising costs of ebay fees and fees on shipping now consume at least 20% of the sale price of the items. I used to sell on consignment for clients. That means that I need to collect 40% commission from clients. Many items do better in yard sales than can be realized on ebay. For a long time ebay used to have a banner that read "where to buy everything at low prices" fostering a"Walmart of the auction world" attitude.
If you are a drop shipper from a factory in China I thinkl you still can make a buck with new items. It looks like ebay wants to phase out the collectibles market and its sellers.
If you are a buyer, before hitting the eBay "Buy" button do a web search on what you are looking for. Too often what you want can be found on other sites for much less - the days of great deals on eBay are gone.
I agree with people posting here: The fees are too damn high. I am less motivated to put things on Ebay anymore because by the time you add up all the fees, there's not enough left to make all the hassle worth it.
I am a buyer and seller on ebay , if you want to move a lot of product without the pain in the butt fees sell on Craigslist and reference your ebay feedback . Hands down I outsell on Craigslist a hundred times over , but the 100% feedback gives me more credibility . To be honest ebay really sucks with all there stupid rules . Like this one, I was selling an atari 2600 ,it had a box that was listed with it , Ebay would'nt list it unless I added the word BUNDLE to the listing title. I do hope Ebay starts to listen to it sellers . I know they dont make near the money they use to on me . And iI believe the word for Paypal in Monopoly .
I have been a seller since 2000 on Ebay and have had good luck selling there, but as for the shipping let me tell you from experience if you are going to ship something of value that could be damaged DON'T SEND IT WITH THE USPS OR UPS . If it becomes damaged during shipping and you have it insured they will not pay you they have a whole pile of excuses not packed right not enough packing material, the box is to big you name it they will use it, so if you don't want to get ripped off use FedEx it may cost a few dollars more but it is worth it in the long run they will pay your claim within two weeks most of the time within 7 business days. The Usps and Ups takes 30 days before they then tell you now and if you call them they talk to you like you are a idiot.
Here is one more secret sell counterfeit copies Microsoft software and other companies software ebay does not care even their customer serves stated they can’t police their site. Microsoft I had a conversation with ebay and they stated just this. Microsoft contact me and I will tell you my ebay user name and you can demand a copy of my phone call.
I had to leave eBay over 5 years ago because of dishonest buyers. I enjoyed eBay for almost a decade then the empire crumbled. It was a fantastic way to clean out clutter and pick unusual items for myself and my collections as well. I made some decent side money as well. I was doing the storage unit auctions long before TV destroyed that avenue, garage sales, flea markets and found some absolutely fantastic treasures that literally put thousands in my pocket (i.e. a book I paid .50 for I sold for over $3500!!!) Yes that was the crowning moment but literally sold thousands of items a had a fantastic seller rating to boot. Then the scumbags would contest an item, send me an empty box and I was the one screwed unless I took them to small claims court...Not an easy feat if they lived 1500 miles away!
I had to cancel my account and unfortunately there was nowhere else to go. All of the other site just plain sucked. So hanks for becoming SkyMall Ebay, thanks a lot....Dicks!
Well, I read all your comments. I was going to be seller but changed my mind. That was five years ago. Thank God. I didn't lose $$$. But I was buyer for while til I get none in my mail I won and paid for it. I filed complained. Nothing happened. So I quited being buyer and read stupid make up rules few times over years.
Sellers and Buyers: Quit while you can. Save $$$.
And for you V_L, I see no vowels. Your name is EVIL. Stay out of the comments. You have no business butt in. Go back to HellBay..
If you want to make good money selling a car on E-bay, it has to be special: a hard year/submodel to find, low on mileage, or some special feature about it that, once again, makes it rare.
F-150s and newer Camaros, Mustangs, and Corvettes are all fine vehicles, but there are many many many of them out there, so you are not going to magically get a high price for any such.
Have a classic model in great condition? Have a 20 y/o truck with only 40k miles on it? Have a limited edition Mustang or such? Great, sell.
But average vehicles exist in every town, and no one needs to buy your 10 year old car with 120k miles on it from 1000 miles away when one just like it is down the street.
Supply and demand. And yes, I speak from the experience of selling several vehicles on ebay.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters; click for restrictions. Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Telekurs.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.