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How To Cut Your eBay Fees By More Than 90%
Now, are you ready for the REAL TRUTH about selling on eBay? It's simple; don't list too many items for sale using their auction format. Instead, set up one of their stores. The cost starts at just $9.99 per month. Why is this a good idea? Let's do the math: If you list an item for sale using the auction format, the cost is anywhere from $.35 on up to several dollars PER AUCTION. What's worse is that the auctions are only good for 3, 5, 7, or 10 days. BETTER WAY: Sell the item in your eBay store. The listing price is just 2 or 3 cents per item...and get this...They're good for a FULL 30 days! For example, I recently sold a $500 item that I listed in my eBay store. The listing cost me a whopping 3 cents! The same item, if I'd sold it using the auction format, would have cost me several dollars! Using eBay's Auction format to list 500 items at a minimum of $.35 each = $175.00 (and these are only good for 7 days each so you'd have to list them 4 times each per month) $175 x 4 = $700.00 List the same 500 items in your eBay store @ just $.03 each = $15 + the $9.99 monthly store fee = $24.99 and they are listed for a full 30 days each! You save $675.01 per month! HOLY SMOKES! I'm sure you can clearly see the benefit here. Of course you will want to sell a few CHEAP items using the auction format to try to generate interest & drive customers to your eBay store where they will buy MORE from you. Make sure every auction listing contains a link to your eBay store & TELL THE CUSTOMER TO VISIT YOUR STORE. Sell 10 or so of your 3 or 4 or 5 dollar items as auctions...just enough to get some traffic to your store. Now, what is it that the REALLY successful PowerSellers do? They maximize the "back-end" sale. What this means to you is that once a customer has bought from you, the hard part is over. Now having done business with you, they TRUST you to deliver the goods. You MUST & I REPEAT, MUST try to get that customer to buy again & again. Never, ever, send a package to a customer without including a sales flyer, catalog or some other special offer in the package to try to entice them to make another purchase. Email them a special offer every week or so. You NEED repeat customers. Going after the lone, one-time sale is a losing battle. You will not be successful unless you get them to buy again & again & do this with every person you deal with. Send a thank-you note via postal mail or eMail to every customer & use that opportunity to SELL THEM SOMETHING ELSE. Another tip: Sell CONSUMABLE items. You know, stuff that people need to order fairly often. Like socks, t-shirts, work gloves, food items, towels & linens, printer ink cartridges, sell shipping materials to other eBay sellers. You will get REPEAT orders from these customers for months and even years to come. Mike Nalbone is the creator of "The Wholesale Detective" http://www.nalbone.org/detective/ which is a complete resource for people seeking to utilize drop shipping to start or expand their own business.
MORE RESOURCES: The Cheyenne Supercomputer is going for a fraction of its list price at auction right now - Engadget Auction on May 4th, 2024 – Westlake Auctioneers County 10 News Online auctions aren't just for distressed properties anymore in metro Detroit Crain's Detroit Business European Hydrogen Bank auction provides €720 million for renewable hydrogen production in Europe European Commission Al Capone's "sweetheart" gun is up for auction again — and it could sell for over $2 million CBS News Julien's Auctions to display guitars from John Lennon, Randy Bachman at new Nashville exhibition Rural Radio Network Muhammad Ali’s Los Angeles mansion up for auction KTLA Los Angeles Auction raises more than $125000 to support student scholarships Valley City State University Wine, auctions, burger – for a cause Ukiah Daily Journal Interior Department Proposes Offshore Wind Sales in Oregon, Gulf of Maine | U.S. Department of the Interior US Department of the Interior John Lennon's lost 'Help!' guitar to be on display in Nashville before auction. How it was found Tennessean This Rare and Desirable Garage 56 Camaro Is Selling At Henderson Auctions Collector Motor Series Yahoo! Voices Will the May auctions have a spring in their step? Apollo Magazine Federal government seeking feedback ahead of Gulf of Maine offshore wind auction • New Hampshire Bulletin New Hampshire Bulletin Chandler Motor Speedway sold at auction again – Inside INdiana Business Inside INdiana Business Birdathon Adventure Auction - Bay Nature Kentucky Fish and Wildlife spring auction set for May 6 Carter County Times TCA To Host 'Bid On The Bluegrass' Online Auction, May 2-4 Thoroughbred Daily News Variety Was Key In Doyle's American Fine & Decorative Arts Auctions Antiques and the Arts Online WALIZER SALE BILL | Auctions | theprogressnews.com Clearfield Progress May 9-11: FMWR Abandoned Vehicle Auction WWTI - InformNNY.com Comas Montgomery Realty & Auction Co. Presents Prime Commercial Real Estate Portfolio Hitting the Market in the ... Victoria Advocate BOEM Proposes Offshore Wind Area Auctions in Gulf of Mexico and Oregon The Maritime Executive Auction brings Irish roots Maple Lake Messenger Power outage halts Salinas Valley Fair Kick-Off auction King City Rustler Join Overlake Medical Center's Bandage Ball 2024: Online Auction Now Open Downtown Bellevue Network Southern and Nordic projects triumph in EU green auctions PE Media Network The Woodlands Christian Academy celebrates 30th Anniversary with 'Now & Then' Auction and Gala hellowoodlands.com Another giant Disney auction set for Joel Magee collection Orlando Sentinel A Rare Example of One of Lamborghini's Forgotten Models, the Jalpa, Heads to Auction Later This Month Yahoo Finance Australia Old Olathe auction house to become recovery service hub Johnson County Post George Harrison's sitar sells for more than $66000 at auction Rural Radio Network Heritage Global Partners: online auction Fish Farmer Magazine Cantwell Ups ACP Money in Updated Draft Spectrum Auction Bill BroadbandBreakfast.com Travis Kelce Calls Taylor Swift 'My Significant Other' and Auctions Off Eras Tour Tickets at Patrick Mahomes' Gala Yahoo Entertainment Planned Oregon and Gulf of Maine auctions open new opportunities for floating offshore wind Marine Log AT AUCTION JWC Media 2002 Ford Expedition With Just 5K Miles Up For Auction Ford Authority Art Glass Gleams In Heritage Pursuit Of Beauty Auction Antiques and the Arts Online Wireless Providers, Others, Disagree on Allocating Spectrum Without Auction Authority BroadbandBreakfast.com Watch Worn by John Jacob Astor on the Titanic Sells for $1.4 Million The New York Times Taylor Swift, Travis Kelce auction off Eras Tour tickets at Patrick Mahomes charity gala KOAT New Mexico Race Worn Gear, Plastic and More: 2024 St. Jude Love Moto Stop Cancer Auction Now Live Racer X Online Highly collectible Roman coin commemorating the opening of the Colosseum comes to auction Numismatic News Old Friends Auction Halters Ready for Absentee Bidding Thoroughbred Daily News Travis Kelce, Taylor Swift Auction Eras Tour Tickets at Patrick Mahomes' Charity Gala Bleacher Report ‘Misconceived’: SC Registry returns Centre’s ‘clarification’ plea on spectrum allocation via non-auction routes The Indian Express Charity Auction to Offer Racing Interest in Coach Clint BloodHorse.com Booming Beloit Auction buys Hanson's property | Business News | beloitdailynews.com Beloit Daily News After $2 million judgment, court orders KC landlord’s properties liquidated at auction Kansas City Star Woman's club silent auction | Local News | gettysburgtimes.com Gettysburg Times Cheyenne supercomputer is now up for auction XDA Developers |
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