Tips for Selling on eBay in a Down Economy
March 1, 2009 by Sandy Mitchell
Filed under Marketing
Yes, consumers aren’t buying collectibles as eagerly as they did in the late 1990s, but that doesn’t mean you still can’t make extra money selling–or reselling–items on eBay, the world’s largest online auction site. You just have to use a little marketing savvy to make sure that your items stand out from amidst the millions of products listed. Here are a few tips:
1. Offer free shipping. eBay attaches a special “free shipping” icon to auction pages that offer this feature. If you’re selling your unwanted attic items, you’ll not be losing anything by paying the shipping costs. If you’re reselling items, consider upping the minimum price to cover shipping.
2. Practice good customer service. Good customer service is good business in any economic environment, but in today’s challenging marketplace, it is essential. Answer questions promptly and ship items in a timely basis. Your eBay feedback rating will soon reflect your commitment to service.
3. List every day. Making money on eBay is largely a numbers game. By listing items every day, you insure a steady stream of income. You’ll also have auctions ending at convenient times for a variety of buyers.
Photo credit: Newscom
