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| Auction Orbit - eBay Tips & Tricks |
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Below
you will find a variety of tips and tricks in regards to the
eBay online auction site. I tried to make each tip short enough
so that you don't get bored reading it, but I also wanted
to include as much information as possible. Below is the menu
of tips currently available, click to jump down to that particular
tip or trick.
SELECTING
AN APPROPRIATE CATEGORY |
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Many
times people are unsure of what category their
item should be listed in. This could eventually
cause the person to list their item in multiple
categories, making the listing fees soar through
the roof! Truth of the matter is that a large
majority of eBay viewers do not use the category
feature at all and instead use the search tool
to find the item they are looking for. The reason
for this is that the first item brought to your
attention when you visit eBay's site is the ‘search’
field; so many people find it quicker and easier
than trying to navigate through the thousands
of categories available. Therefore, the real topic
worth investing is naming your item appropriately.
New sellers
(and seasoned ones as well) will sometimes use
words such as L@@K or WOW in the title of their
auctions. But how often will someone actually
search for these words when they want an item?
Probably not too many. Considering eBay only allows
55 characters for a title, you best not waste
any of them with nonsense words as such. With
that in mind, I will now provide some tips for
creating the BEST title you can.
• Use keywords that clearly
describe what you are selling.
• Try to avoid unnecessary words
such as ‘the’ and ‘of’
unless they are part of the item you are selling
• If you have enough space left, spell important
words several ways so people who misspell them
will still eb able to see your auction
• Browse completed results for items like
your own, and find the ones with the highest end
price or most bids and take note of their title
and category |
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SELECTING
A START PRICE |
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A starting price generally
depends on how valuable the item is and how much
of a demand it currently has. For example, a new
video game system or electronic device could start
at $0.01 and get up to thousands of dollars by
the end, where as a valuable antique that is not
widely looked for may only get a few bids by the
end, and the price may remain relatively the same.
One small detail to pay
attention to is the listing fees involved. For
example, if you start your item out at $25.00
instead of $24.99, you will owe $0.60 more in
fees. This may seem tiny, but it definitely adds
up and can be prevented by lowering the price
one cent. The chart of opening values and insertion
fees is below, and will show you when the fees
raise.
| eBay
Initial Listing Fees (2004) |
| Initial
Start Price |
Fee
For eBay |
$0.01
- $0.99 |
$0.30 |
$1.00
- $9.99 |
$0.35 |
$10.00
- $24.99 |
$0.60 |
$25.00
- $49.99 |
$1.20 |
$50.00
- $199.99 |
$2.40 |
$200.00
- $499.99 |
$3.60 |
$500.00
and up |
$4.80 |
One VERY
important trick on finding the price to start
your item out at is to seek out another item very
similar to yours that has bids and is at a nice
price. See what the average ending price is of
items like your own is, and then you know what
NOT to go over when setting the opening value.
In a brief survey, many
people admitted that they bid more on items that
start out cheap than the same items with a high
opening bid. So if at first you list your item
for the price you expect to get from it, and you
don’t receive bids, you may wish to re-list
it and start it and only a dollar or so and see
if the bids get to what you expect. If they do
not, you do have the option to end the auction
early and cancel bids, however that isn’t
a good practice to repeat many times. All-in-all,
if you follow the advice above, research your
item first, and start it out at a fair price,
you should have NO problem getting what you want
for it.
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WHEN
TO LIST YOUR ITEMS |
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Figuring out the best times
to list and end your items is probably the most
difficult and most important part of getting your
item noticed! Holidays, major events, days of
the week, and the audience your item targets all
influence the amount of people who will get a
chance to visit your item.
Through research and word
of mouth, it has been concluded that Sunday evenings
between 8:00PM and 11:00PM Eastern time seem to
be the time that the majority of bidding occurs.
However, much bidding also occurs during lunch
hours when people are at their jobs, Monday through
Friday. It is generally not a good idea to list
items that will end during major holidays when
an extensive amount of people may be away from
their computers such as Christmas, Memorial Day,
and Thanksgiving. You also wouldn’t want
your items to end on a Sunday night, if it is
the Sunday that the Super Bowl is on.
How many days should you
list it for? EBay offers one, three, five, seven,
and ten day options. The ten day auctions cost
extra. Benefits of the ten day auction include
the fact that if you list on a Thursday evening,
it will go through two weekends and end on a Sunday
evening. However, a very LARGE percentage of bidding
takes place during the last few minutes of an
auction, so you might not get one bid during the
ten days and then get a few at the last minute.
Having an auction last so long may also discourage
potential bidders as they hate the long wait.
Most of the time, you can be very successful if
you list for three days starting on a Thursday
evening. One day auctions are not recommended
unless you have a ticket or other time-sensitive
item for sale.
Also take into consideration
that it takes anywhere from thirty minutes up
to half a day to get your item to appear in the
searches. So having a three-day auction might
really amount to only a 2.5 day auction, which
could really decrease the visiting potential.
If you have a rare item that isn’t sought
after by a large portion of people, you may wish
to list it for seven of ten days so more people
have a chance of locating it.
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GETTING
PEOPLE TO FIND YOUR AUCTIONS |
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If your auction doesn’t
seem to be bringing in the crowd you'd hoped for,
hopefully some of the suggestions in this tip
will help you out. First, make sure that your
title is as descriptive as possible as explained
in an earlier tip. It is also a wise idea to include
a rather informative description so people who
search with the ‘titles and descriptions’
option checked, will find your ad. It is also
appropriate to purposely misspell your item name
within the description so people that do make
mistakes will still see your items. Be sure to
include the brand name and any other major detail
of the item(s) for sale.
WARNING:
A very common and annoying issue circulating auction
sites is something called, ‘Keyword Spamming’.
This is where people will hide thousands of unrelated
words and phrases into their ad (either by making
the text white on a white background or using
advanced scripting to conceal it). This is not
only against eBay’s rules, but will result
in many people being angry at you and your auctions
as they are usually unrelated to what the person
is searching for.
EBay has a strict SPAM
policy as well, in which they do not allow you
to blatantly advertise your items on message boards
or newsgroups unless it is allowed and on topic.
However, there are newsgroups and message boards
specifically for advertising and trading items
with one another. One such group is alt.marketplace.online.ebay.
Be careful that you are at the right group, as
another group called alt.marketing.online.ebay
is similar in wording, but has ZERO tolerance
for ads and will report you if you are caught
there. If you are unsure how to access newsgroups,
you may wish to ask your internet service provider
about it. All groups can be accessed and posted
to from http://groups.google.com
for free as well. If you want to post your ad
in a newsgroup that deals specifically with your
type of item, BE SURE to ask for a FAQ guide or
just ask if it is OK to post ads there. Otherwise
you could potentially loose your internet service
and eBay account. Generally speaking however,
people won’t go to newsgroups to find items
they want; they usually will turn strait to eBay
and perform a search. Either way, I am in know
way responsible for your actions and postings,
as I have provided ample warnings about the consequences
of posting to incorrect groups!
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FEEDBACK
INFORMATION |
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Feedback
is sometimes what will make or break your sales.
If a potential buyer sees that you have negative
feedbacks, he or she may think twice about bidding
on your items. Although you should always try
your best to resolve problems with other parties,
you still may run into a problem every now and
then where someone leaves you negative feedback.
The best way to respond to this type of feedback
is to use nothing but factual evidence. A lot
of people will be so angry with the negative that
they will post a response with no facts, just
insults of the other person. If you do respond
in a childish manner such as name calling, or
making your self look too good, then people who
review your feedback may feel a bit concerned
about doing business with you. It is OK to emphasize
words by using capital letters and even explanation
points, but be as precise and factual as possible.
By using
facts that can be proven, you are able to make
others aware that it was not your fault and they
won’t hold anything against you. If
you are the one going to leave negative feedback,
here are my guidelines for doing so.
• If the buyer has fewer than ten feedback
comments, it is not worth your trouble of giving
him or her negative feedback. Many times the new
sellers will take feedback as a joke and give
you a negative, then simply make a new account.
• When you are going to leave a negative,
it is best to leave it as close to 90 days as
possible, because after the 90th day they will
not be able to leave you any retaliatory feedback
(well, there IS a way, but I won't discuss it
here).
• As mentioned before, be factual and adult-like.
No name calling! |
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GETTING
THE MOST OUT OF EBAY'S SEARCH FUNCTION |
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Below
you will find example search queries, and an accompanying
description about each one and what will be returned.
toy
(1950, 1960, 1970)
This
search query will return all results that have
the word 'toy' in their title, along with either
the word 1950, 1960, or 1970. In other words,
any listing for a toy from any of those three
years will be presented to you without the need
to perform three independent searches. When ever
you insert several terms in parenthesis (separated
by commas), eBay will return all results matching
ANY of those search terms.
(Bill
Clinton, Aerosmith)
Similar
to the previous example, this search will return
all results containing either the words Bill Clinton
OR Aerosmith. As you can see, the search terms
do not need to be related in order to receive
all of the results. You can include as many search
terms in parenthesis as you wish, and any items
matching the terms separated by commas will be
returned.
walk*
This
search query utilizes the wildcard symbol (*)
to obtain a wider range of results. All listings
with a title that has any word in it beginning
with the letters 'walk' will be returned. This
way, you will receive results containing words
such as 'walks', 'walking', and 'walker' all-in-one.
This can save a lot of time especially when you
are searching for items which may be in plural
form such as shirts. You can also use the * symbol
within a word if need be.
cell
phone -nokia -motorola -boost* +new
In
the above example search you will find several
(-) and (+) operators. As you may imagine, placing
a (-) character before a term will ensure that
no results are returned that contain that particular
word or phrase. A (+) sign will ensure that no
results are returned unless they contain the term
immediately proceeding the symbol. I also threw
in an asterisk to ensure that all possible antenna
booster devices were removed from the results. |
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BEING
DESCRIPTIVE IN YOUR DESCRIPTIONS |
| There
is currently no limit on the length of an ad you
can post on eBay. Since eBay includes the ability
for users to search through both titles and descriptions,
it is important for you to describe your items
as thoroughly as possible so more people can locate
your listings. Try to avoid using symbols and
abbreviations as much as possible. Spell out commonly
abbreviated words such as 'Approximately' and
'Quantity' at least once in each listing before
using their abbreviated formats. Also, if your
item is one that has several different names it
goes by, try to include them all within your listing.
Now when people search for an item using both
title and description, the odds of them locating
your listings increases over those that only include
a couple sentences within each ad.
Another
reason why you should try to be as thorough as
possible when creating the descriptions for your
ads is to ensure that no troubles arise after
the item gets sold. Be sure to include all relevant
details about the item and also mention all terms
you have set forth for the transaction (how the
item will be shipped, how you handle shipping
charges, etc.). Be sure to include a note stating
something along the lines of, 'If you have any
questions prior to bidding, feel free to contact
me'.
Before
I end this tip, I should point out that there
is a big difference between a comprehensive description,
and a description created with the sole intention
of luring surfers to your listings. If you include
keywords in your description that have no relation
to the item you are selling, you are practicing
a form of 'keyword spamming' which is against
eBay's policies and will result in your auctions
being pulled - or your ID being suspended. Also
be careful not to use name-brands or other famous
trademarks in your listings unless the item for
sale is indeed from the company you mention. |
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