Make Money on Ebay-Avoid These Mistakes
February 6th, 2010 amaIf you are planning to make money on ebay, it doesn’t have to be difficult, but it does take some effort. Many mistakes are are often made by new ebay sellers in the beginning that can be costly. Here are five examples of the most common mistakes by new ebay sellers.
1. Not creating an adequate description
A good description is a powerful tool that is necessary if you want to make money on ebay. Make the first paragraph compelling. Give bidders detailed information to cover what they are likely to want to know. Follow first paragraph with the primary desciptive facts or points, and list them with bullet points. This will bring attention to the features and get the interest of ebay buyers who usually skim through information. Following that, you can add to your description by going into the finer points of what is being offered for bid
2. Not creating the best visual image
Ebay shoppers are somewhat cautious about making purchases they cannot touch and feel. Posting merchandise on ebay without a photo of the item will make potential buyers wary, and distrustful of the description. They may not totally understand what the item is. Good photos are an essential ebay selling tool.
3. Trying to drastically undersell other sellers
If you have set a goal to make money on ebay, then the object is to charge enough for merchandise so that you can not only make sales, but be in profit. Often new sellers on ebay run on impulse and think just by under-selling other sellers they will have a successful business. This alone is not a good business practice. Picking a price point that is reasonable will give the appearance of worth. Don’t forget to list shipping costs both to cover your expense and to inform the ebay bidder.
4: Not responding quickly to questions
Even with a good description and photos, there will often be questions submitted about the item you are selling on ebay. Although the query seems to make little sense to you, it will need a reply. Therefore, you need to be familiar with the item you have up for bid. If you know very little about the item offered, you will probably experience poor feedback and few sales. Protecting feedback is serious business. This what buyers see as your online presence!
5: Not honoring sales though Paypal
One of the blessings of ebay is how shopping is made easy and payment simplified. Paypal is a familiar service to most online and considered trustworthy. Paypal is an easy low cost way to accept credit cards. Since you the ebay seller, never have access to the purchaser’s credit information, it creates a better base for trusting the purchase process.
In order to make money of ebay give thought to the tips listed here.