After being an Ebay user as a buyer and seller, I will tell you a little about the best way to achieve sales. If you have been selling on this platform for a long time, you may not be surprised.
I admit that the title today sounds a bit like “make money fast in 24 hours”. You already know that everything that is not blood, sweat and tears does not amuse me too much so this post does not go that way either. If your expectation is the opposite, it will be better not to continue reading.
Be the cheapest (at least for a while)
On Ebay there is a lot of competition. Here the only one who makes sales fast is the one with the lowest price. Especially when you start you need positive feedback. Someone is not going to risk buying a product from someone without it having many ratings (
When you are approaching or exceeding 1,000 ratings, you don’t necessarily have to be the cheapest. If you have 100% positive feedback, a buyer will be willing to pay a few extra euros to choose the seller with the most experience and reputation and more if it is high value objects. At least that’s the way I usually do it as a buyer. Anything other than a> 99% positive feedback reputation on Ebay is already considered suspicious.
Sell the products in auction mode
It has been a long time since I had launched an auction on Ebay. Today they finish 3 and I am going to sell the three lots that I put up for sale. The best works is that: batches. It is also a risk because you will almost always achieve a lower selling price than if you offer the products individually. In my case they were books and board games for the little ones that they no longer wanted. We are about to move and everything that does not have to go in boxes from one house to the other then we save. The money we take out will be for them.
Auctions make sense in these cases:
- As long as you don’t care about the sale price and you want to get rid of it.
- The difference between selling in batches and selling individually does not justify the additional work at the level of creating listings and shipments to be made.
- You have a rare product with very high demand. In these cases, the auction price may exceed the fixed price.
The third point can be observed right now in the world of Pokémon. Many times people do not realize when they bid that they could have bought the same card cheaper for a fixed price. Sometimes they heat up and between two users a bidding war arises where in the end the price does not matter and the important thing is to come out as the winner.
If you want to get the best price, auctions are typically not the best format. I would go with a fixed price even if you have to wait a little longer. In my case, I continue to sell several product listings every week that I have registered for months. It’s not work right now. They are the little joys of life when you sell a CD for 2 euros and you make a profit of 1.50 euros. It brings me practically the same happiness as the daily turnover on Amazon (as long as it is higher than 1,000 euros, of course).